Certuity LLC acquired a new stake in Johnson Controls International plc (NYSE:JCI – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 3,073 shares of the company’s stock, valued at approximately $243,000.
Other institutional investors also recently added to or reduced their stakes in the company. Compass Financial Services Inc acquired a new stake in shares of Johnson Controls International in the 4th quarter valued at approximately $26,000. Fortitude Family Office LLC raised its position in Johnson Controls International by 195.8% in the third quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock worth $33,000 after acquiring an additional 278 shares in the last quarter. Wolff Wiese Magana LLC lifted its holdings in Johnson Controls International by 977.3% in the third quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock valued at $37,000 after acquiring an additional 430 shares during the period. Synergy Asset Management LLC acquired a new stake in Johnson Controls International in the fourth quarter valued at $42,000. Finally, ST Germain D J Co. Inc. boosted its position in shares of Johnson Controls International by 32.8% during the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock worth $43,000 after purchasing an additional 134 shares in the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.
Analyst Ratings Changes
Several analysts recently commented on JCI shares. StockNews.com cut shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Wednesday, November 20th. Wells Fargo & Company lifted their price target on shares of Johnson Controls International from $92.00 to $98.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Royal Bank of Canada boosted their price target on Johnson Controls International from $86.00 to $93.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 6th. Melius Research reaffirmed a “hold” rating and issued a $95.00 price objective on shares of Johnson Controls International in a research note on Tuesday, January 28th. Finally, Barclays boosted their target price on Johnson Controls International from $75.00 to $83.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 5th. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, Johnson Controls International presently has a consensus rating of “Moderate Buy” and an average price target of $91.13.
Johnson Controls International Trading Down 0.6 %
Shares of JCI stock opened at $88.52 on Friday. The company has a market capitalization of $58.44 billion, a price-to-earnings ratio of 33.79, a PEG ratio of 2.48 and a beta of 1.32. The company has a current ratio of 1.02, a quick ratio of 0.79 and a debt-to-equity ratio of 0.50. The firm has a 50-day moving average price of $81.29 and a 200 day moving average price of $77.47. Johnson Controls International plc has a twelve month low of $55.07 and a twelve month high of $89.95.
Johnson Controls International (NYSE:JCI – Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. Research analysts forecast that Johnson Controls International plc will post 3.52 earnings per share for the current fiscal year.
Johnson Controls International Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date of this dividend was Monday, December 23rd. Johnson Controls International’s dividend payout ratio is presently 56.49%.
Insider Activity
In related news, CEO George Oliver sold 205,168 shares of the company’s stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $89.07, for a total transaction of $18,274,313.76. Following the completion of the transaction, the chief executive officer now owns 1,260,527 shares of the company’s stock, valued at approximately $112,275,139.89. This represents a 14.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Nathan D. Manning sold 1,421 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $76.44, for a total transaction of $108,621.24. Following the transaction, the vice president now directly owns 148,346 shares in the company, valued at approximately $11,339,568.24. This represents a 0.95 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 950,878 shares of company stock valued at $81,229,286 over the last quarter. Company insiders own 0.54% of the company’s stock.
Johnson Controls International Company Profile
Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.
Read More
- Five stocks we like better than Johnson Controls International
- How to trade using analyst ratings
- Upstart’s Uptrend Is Just Getting Started: Its Time to Load Up
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- Archer Aviation Lands BlackRock Investment—What’s Next for ACHR?
- What Are Trending Stocks? Trending Stocks Explained
- Buffett Buys More Occidental Petroleum—Sticking to His Playbook
Want to see what other hedge funds are holding JCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Johnson Controls International plc (NYSE:JCI – Free Report).
Receive News & Ratings for Johnson Controls International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Controls International and related companies with MarketBeat.com's FREE daily email newsletter.