Stonebridge Financial Group LLC Takes Position in Johnson Controls International plc (NYSE:JCI)

Stonebridge Financial Group LLC bought a new position in Johnson Controls International plc (NYSE:JCI) during the 4th quarter, Holdings Channel reports. The fund bought 625 shares of the company’s stock, valued at approximately $49,000.

A number of other hedge funds also recently bought and sold shares of the business. Summit Trail Advisors LLC grew its position in shares of Johnson Controls International by 24.0% in the 4th quarter. Summit Trail Advisors LLC now owns 5,821 shares of the company’s stock worth $462,000 after buying an additional 1,126 shares during the last quarter. Regents Gate Capital LLP bought a new position in shares of Johnson Controls International during the fourth quarter valued at approximately $1,092,000. Opal Wealth Advisors LLC purchased a new stake in Johnson Controls International in the fourth quarter worth $212,000. Angeles Wealth Management LLC bought a new stake in Johnson Controls International in the fourth quarter valued at $262,000. Finally, Compass Financial Services Inc purchased a new position in Johnson Controls International during the 4th quarter valued at $26,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Morgan Stanley raised their target price on shares of Johnson Controls International from $95.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Royal Bank of Canada raised their price objective on shares of Johnson Controls International from $86.00 to $93.00 and gave the stock a “sector perform” rating in a report on Thursday, February 6th. Argus upgraded Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 target price on the stock in a report on Friday, December 20th. Mizuho increased their target price on Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th. Finally, Robert W. Baird lifted their price target on Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $91.13.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, VP Nathan D. Manning sold 1,421 shares of the business’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $76.44, for a total value of $108,621.24. Following the completion of the transaction, the vice president now owns 148,346 shares of the company’s stock, valued at approximately $11,339,568.24. The trade was a 0.95 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO George Oliver sold 224,152 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $82.72, for a total transaction of $18,541,853.44. Following the sale, the chief executive officer now directly owns 1,166,992 shares in the company, valued at approximately $96,533,578.24. The trade was a 16.11 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 950,878 shares of company stock worth $81,229,286. Insiders own 0.54% of the company’s stock.

Johnson Controls International Price Performance

Shares of NYSE:JCI opened at $88.52 on Friday. The business has a fifty day moving average price of $81.29 and a 200-day moving average price of $77.47. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.79. The company has a market capitalization of $58.44 billion, a PE ratio of 33.79, a PEG ratio of 2.48 and a beta of 1.32. Johnson Controls International plc has a 1-year low of $55.07 and a 1-year high of $89.95.

Johnson Controls International (NYSE:JCI) last released 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%. As a group, equities analysts expect that Johnson Controls International plc will post 3.52 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were given a $0.37 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.48 annualized dividend and a yield of 1.67%. Johnson Controls International’s dividend payout ratio (DPR) is presently 56.49%.

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.