KBC Group NV Increases Stock Holdings in Johnson Controls International plc (NYSE:JCI)

KBC Group NV boosted its position in shares of Johnson Controls International plc (NYSE:JCI) by 0.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 155,933 shares of the company’s stock after acquiring an additional 287 shares during the period. KBC Group NV’s holdings in Johnson Controls International were worth $12,102,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Capital World Investors boosted its holdings in Johnson Controls International by 85.5% in the 1st quarter. Capital World Investors now owns 14,142,736 shares of the company’s stock valued at $923,804,000 after purchasing an additional 6,520,580 shares during the period. Barrow Hanley Mewhinney & Strauss LLC grew its position in Johnson Controls International by 686.4% during the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,445,418 shares of the company’s stock worth $295,487,000 after buying an additional 3,880,146 shares in the last quarter. Toronto Dominion Bank increased its stake in Johnson Controls International by 413.5% in the 1st quarter. Toronto Dominion Bank now owns 1,935,465 shares of the company’s stock worth $126,425,000 after acquiring an additional 1,558,560 shares during the last quarter. Ceredex Value Advisors LLC purchased a new stake in shares of Johnson Controls International in the 2nd quarter valued at about $73,881,000. Finally, National Bank of Canada FI boosted its position in shares of Johnson Controls International by 179.2% during the 1st quarter. National Bank of Canada FI now owns 1,568,286 shares of the company’s stock valued at $102,864,000 after acquiring an additional 1,006,524 shares during the last quarter. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Down 0.9 %

Shares of NYSE:JCI opened at $84.40 on Friday. Johnson Controls International plc has a 1 year low of $51.40 and a 1 year high of $87.16. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.79. The stock’s 50-day moving average is $76.84 and its 200 day moving average is $71.65. The company has a market cap of $56.38 billion, a PE ratio of 33.23, a P/E/G ratio of 2.39 and a beta of 1.29.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 18th. Investors of record on Wednesday, September 25th were paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date of this dividend was Wednesday, September 25th. Johnson Controls International’s payout ratio is 58.27%.

Analysts Set New Price Targets

Several research firms recently weighed in on JCI. Royal Bank of Canada upped their price objective on shares of Johnson Controls International from $81.00 to $86.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 7th. Mizuho raised their price objective on shares of Johnson Controls International from $62.00 to $75.00 and gave the company a “neutral” rating in a research report on Thursday, October 17th. Morgan Stanley started coverage on shares of Johnson Controls International in a report on Friday, September 6th. They set an “overweight” rating and a $85.00 price objective for the company. Oppenheimer raised their price objective on Johnson Controls International from $86.00 to $87.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Finally, Wells Fargo & Company upped their target price on Johnson Controls International from $84.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. Twelve equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Johnson Controls International has a consensus rating of “Hold” and an average target price of $77.21.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, CEO George Oliver sold 110,615 shares of Johnson Controls International stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $76.79, for a total transaction of $8,494,125.85. Following the sale, the chief executive officer now directly owns 1,243,751 shares of the company’s stock, valued at approximately $95,507,639.29. The trade was a 8.17 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Nathan D. Manning sold 1,167 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $72.75, for a total value of $84,899.25. Following the transaction, the chief operating officer now owns 143,488 shares in the company, valued at $10,438,752. This trade represents a 0.81 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 226,141 shares of company stock worth $16,904,519 over the last quarter. Corporate insiders own 0.69% of the company’s stock.

About Johnson Controls International

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.