Johnson Controls International plc (NYSE:JCI) Shares Sold by SageView Advisory Group LLC

SageView Advisory Group LLC cut its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 17.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,103 shares of the company’s stock after selling 673 shares during the period. SageView Advisory Group LLC’s holdings in Johnson Controls International were worth $241,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Johnson Controls International by 514.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company’s stock valued at $418,439,000 after buying an additional 4,514,792 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its position in shares of 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 purchasing an additional 3,880,146 shares during the period. Ceredex Value Advisors LLC purchased a new stake in shares of Johnson Controls International during the second quarter valued at $73,881,000. Point72 Asset Management L.P. boosted its position in shares of Johnson Controls International by 263.9% in the 2nd quarter. Point72 Asset Management L.P. now owns 1,341,919 shares of the company’s stock valued at $89,197,000 after purchasing an additional 973,145 shares during the period. Finally, Electron Capital Partners LLC increased its stake in Johnson Controls International by 81.3% in the 2nd quarter. Electron Capital Partners LLC now owns 1,432,335 shares of the company’s stock worth $95,207,000 after purchasing an additional 642,315 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors.

Johnson Controls International Stock Up 1.5 %

JCI opened at $84.34 on Friday. The company has a market capitalization of $55.85 billion, a PE ratio of 33.20, a price-to-earnings-growth ratio of 2.34 and a beta of 1.31. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.79. Johnson Controls International plc has a fifty-two week low of $51.70 and a fifty-two week high of $87.16. The business has a 50-day moving average of $79.91 and a 200-day moving average of $73.54.

Johnson Controls International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Monday, December 23rd will be given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 1.75%. The ex-dividend date is Monday, December 23rd. Johnson Controls International’s payout ratio is presently 58.27%.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, COO Nathan D. Manning sold 3,000 shares of the stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $77.08, for a total transaction of $231,240.00. Following the transaction, the chief operating officer now directly owns 140,488 shares of the company’s stock, valued at $10,828,815.04. This represents a 2.09 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO George Oliver sold 170,430 shares of the business’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $83.70, for a total value of $14,264,991.00. Following the completion of the sale, the chief executive officer now directly owns 1,166,992 shares of the company’s stock, valued at $97,677,230.40. This represents a 12.74 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 740,662 shares of company stock worth $59,869,133 over the last ninety days. 0.69% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms have commented on JCI. Morgan Stanley initiated coverage on shares of Johnson Controls International in a research note on Friday, September 6th. They set an “overweight” rating and a $85.00 price objective for the company. Barclays upped their price target on shares of Johnson Controls International from $75.00 to $83.00 and gave the company an “equal weight” rating in a research report on Thursday. Mizuho lifted their price objective on shares of Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th. Royal Bank of Canada increased their target price on Johnson Controls International from $81.00 to $86.00 and gave the company a “sector perform” rating in a report on Thursday, November 7th. Finally, Oppenheimer lifted their price target on Johnson Controls International from $86.00 to $87.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Twelve research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $78.57.

Johnson Controls International 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.