Johnson Controls International plc (NYSE:JCI) Stock Position Lowered by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL lessened its stake in shares of Johnson Controls International plc (NYSE:JCIFree Report) by 5.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 489,139 shares of the company’s stock after selling 25,913 shares during the quarter. Gamco Investors INC. ET AL owned about 0.07% of Johnson Controls International worth $26,027,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. NBC Securities Inc. bought a new stake in shares of Johnson Controls International during the 3rd quarter worth about $26,000. Certified Advisory Corp bought a new stake in shares of Johnson Controls International during the 1st quarter worth about $26,000. BDO Wealth Advisors LLC boosted its stake in shares of Johnson Controls International by 145.4% during the 2nd quarter. BDO Wealth Advisors LLC now owns 427 shares of the company’s stock worth $29,000 after acquiring an additional 253 shares in the last quarter. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of Johnson Controls International during the 3rd quarter worth about $30,000. Finally, Coppell Advisory Solutions LLC bought a new stake in shares of Johnson Controls International during the 2nd quarter worth about $32,000. Institutional investors own 88.64% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Oppenheimer reiterated an “outperform” rating and set a $66.00 price target on shares of Johnson Controls International in a research note on Wednesday, December 13th. TheStreet raised Johnson Controls International from a “c+” rating to a “b-” rating in a research report on Tuesday, December 26th. Melius Research reissued a “hold” rating on shares of Johnson Controls International in a research report on Tuesday, January 30th. StockNews.com cut Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Thursday, January 25th. Finally, Royal Bank of Canada cut their price objective on Johnson Controls International from $50.00 to $48.00 and set an “underperform” rating for the company in a research report on Wednesday, January 31st. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $62.64.

Check Out Our Latest Research Report on JCI

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, CEO George Oliver sold 103,332 shares of Johnson Controls International stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $52.30, for a total transaction of $5,404,263.60. Following the transaction, the chief executive officer now directly owns 980,403 shares in the company, valued at $51,275,076.90. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last quarter, insiders sold 103,892 shares of company stock worth $5,435,042. 0.69% of the stock is currently owned by insiders.

Johnson Controls International Price Performance

Johnson Controls International stock opened at $53.34 on Tuesday. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.97 and a quick ratio of 0.73. The company has a market capitalization of $36.35 billion, a PE ratio of 17.37, a price-to-earnings-growth ratio of 1.35 and a beta of 1.22. Johnson Controls International plc has a one year low of $47.90 and a one year high of $70.43. The business has a 50 day simple moving average of $55.29 and a 200 day simple moving average of $55.78.

Johnson Controls International (NYSE:JCIGet Free Report) last posted its earnings results on Tuesday, January 30th. The company reported $0.51 EPS for the quarter, hitting the consensus estimate of $0.51. The business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.94 billion. Johnson Controls International had a return on equity of 13.08% and a net margin of 7.85%. Johnson Controls International’s revenue was up .4% on a year-over-year basis. During the same quarter last year, the company earned $0.67 EPS. On average, sell-side analysts forecast that Johnson Controls International plc will post 3.63 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 12th. Shareholders of record on Monday, December 18th were given a $0.37 dividend. The ex-dividend date of this dividend was Friday, December 15th. This represents a $1.48 annualized dividend and a yield of 2.77%. Johnson Controls International’s payout ratio is 48.21%.

Johnson Controls International Company Profile

(Free Report)

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.

Featured Stories

Institutional Ownership by Quarter for Johnson Controls International (NYSE:JCI)

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.