Vista Investment Partners LLC bought a new position in shares of Johnson Controls International plc (NYSE:JCI – Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 35,090 shares of the company’s stock, valued at approximately $4,202,000.
Several other institutional investors also recently added to or reduced their stakes in JCI. Roxbury Financial LLC boosted its position in Johnson Controls International by 71.9% in the 4th quarter. Roxbury Financial LLC now owns 239 shares of the company’s stock valued at $29,000 after buying an additional 100 shares during the period. Elevation Point Wealth Partners LLC purchased a new position in shares of Johnson Controls International during the second quarter worth approximately $34,000. Physician Wealth Advisors Inc. raised its stake in shares of Johnson Controls International by 62.8% during the third quarter. Physician Wealth Advisors Inc. now owns 319 shares of the company’s stock valued at $35,000 after acquiring an additional 123 shares in the last quarter. Dunhill Financial LLC raised its stake in shares of Johnson Controls International by 123.3% during the third quarter. Dunhill Financial LLC now owns 335 shares of the company’s stock valued at $37,000 after acquiring an additional 185 shares in the last quarter. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Johnson Controls International in the second quarter valued at approximately $42,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.
Johnson Controls International Trading Up 2.9%
JCI opened at $134.80 on Thursday. The company has a current ratio of 0.99, a quick ratio of 0.81 and a debt-to-equity ratio of 0.66. The firm has a market cap of $82.51 billion, a price-to-earnings ratio of 25.39, a PEG ratio of 1.48 and a beta of 1.39. Johnson Controls International plc has a 12 month low of $68.03 and a 12 month high of $146.49. The stock has a fifty day moving average price of $133.33 and a 200-day moving average price of $120.73.
Johnson Controls International Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Monday, March 16th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $1.60 dividend on an annualized basis and a yield of 1.2%. Johnson Controls International’s dividend payout ratio is presently 30.13%.
Insider Activity at Johnson Controls International
In other Johnson Controls International news, Director Mark Vergnano acquired 7,665 shares of the firm’s stock in a transaction dated Thursday, February 5th. The stock was purchased at an average price of $131.94 per share, for a total transaction of $1,011,320.10. Following the acquisition, the director owned 37,602 shares in the company, valued at approximately $4,961,207.88. This trade represents a 25.60% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Daniel C. Mcconeghy sold 3,600 shares of the firm’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $142.56, for a total value of $513,216.00. Following the completion of the sale, the vice president directly owned 24,273 shares of the company’s stock, valued at $3,460,358.88. The trade was a 12.92% decrease in their position. The SEC filing for this sale provides additional information. 0.29% of the stock is currently owned by corporate insiders.
Analysts Set New Price Targets
Several research analysts have commented on the company. Rothschild & Co Redburn raised their price objective on Johnson Controls International from $137.00 to $150.00 and gave the stock a “buy” rating in a report on Monday, February 9th. Robert W. Baird set a $132.00 price target on Johnson Controls International in a research report on Thursday, February 5th. Wolfe Research upped their price objective on shares of Johnson Controls International from $149.00 to $161.00 and gave the stock an “outperform” rating in a research note on Friday, February 27th. Citigroup increased their target price on shares of Johnson Controls International from $129.00 to $139.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Finally, Melius Research set a $148.00 price target on shares of Johnson Controls International in a report on Wednesday, January 7th. Twelve investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $135.53.
Get Our Latest Analysis on JCI
About Johnson Controls International
Johnson Controls International plc is a global diversified technology and multi‑industrial company that develops products, services and solutions for buildings and energy storage. The company’s core focus is on improving building efficiency, safety and sustainability through a combination of HVAC equipment, building controls and automation, fire and security systems, and related services. Johnson Controls traces its roots to 1885, when inventor Warren S. Johnson developed an electric room thermostat; over its long history the company has expanded from controls into a broad set of building‑related technologies and, through corporate transactions, into a global provider of integrated building solutions.
Johnson Controls’ product and service portfolio includes heating, ventilation and air‑conditioning equipment, chillers, air handlers and related mechanical systems, together with building automation and control platforms that monitor and manage energy use, indoor environmental quality and security.
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