Americana Partners LLC Buys 388 Shares of Johnson Controls International plc (NYSE:JCI)

Americana Partners LLC boosted its holdings in Johnson Controls International plc (NYSE:JCI) by 8.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,100 shares of the company’s stock after acquiring an additional 388 shares during the quarter. Americana Partners LLC’s holdings in Johnson Controls International were worth $403,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. State Street Corp increased its stake in Johnson Controls International by 1.1% in the third quarter. State Street Corp now owns 27,939,766 shares of the company’s stock valued at $2,178,595,000 after acquiring an additional 300,712 shares during the period. Fisher Asset Management LLC boosted its position in Johnson Controls International by 3.4% in the third quarter. Fisher Asset Management LLC now owns 15,295,506 shares of the company’s stock valued at $1,187,084,000 after buying an additional 509,293 shares in the last quarter. Geode Capital Management LLC boosted its position in Johnson Controls International by 0.5% in the third quarter. Geode Capital Management LLC now owns 13,475,260 shares of the company’s stock valued at $1,041,822,000 after buying an additional 71,493 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in 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. Finally, abrdn plc boosted its position in Johnson Controls International by 6.1% in the third quarter. abrdn plc now owns 1,974,268 shares of the company’s stock valued at $152,157,000 after buying an additional 112,955 shares in the last quarter. Institutional investors own 90.05% of the company’s stock.

Insider Buying and Selling

In related news, VP Nathan D. Manning sold 1,421 shares of the firm’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $76.44, for a total transaction of $108,621.24. Following the sale, the vice president now directly owns 148,346 shares in the company, valued at $11,339,568.24. This trade represents a 0.95 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO George Oliver sold 162,894 shares of the firm’s stock in a transaction on Friday, February 14th. The stock was sold at an average price of $89.28, for a total transaction of $14,543,176.32. Following the sale, the chief executive officer now owns 1,203,893 shares in the company, valued at approximately $107,483,567.04. The trade was a 11.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 889,434 shares of company stock worth $77,215,058 over the last ninety days. Company insiders own 0.54% of the company’s stock.

Johnson Controls International Trading Up 1.0 %

JCI opened at $90.64 on Wednesday. The firm’s fifty day moving average is $81.62 and its two-hundred day moving average is $77.93. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.79 and a current ratio of 1.02. The firm has a market cap of $59.83 billion, a PE ratio of 34.59, a price-to-earnings-growth ratio of 2.48 and a beta of 1.32. Johnson Controls International plc has a twelve month low of $56.28 and a twelve month high of $91.14.

Johnson Controls International (NYSE:JCI) last posted its earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. Equities research analysts anticipate that Johnson Controls International plc will post 3.52 EPS for the current year.

Johnson Controls International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were issued a dividend of $0.37 per share. The ex-dividend date was Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.63%. Johnson Controls International’s payout ratio is 56.49%.

Analysts Set New Price Targets

JCI has been the topic of a number of recent analyst reports. Barclays boosted 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, December 5th. Citigroup reduced their target price on shares of Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating on the stock in a research report on Monday, January 13th. Melius lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 target price on the stock. in a research report on Tuesday, January 28th. Morgan Stanley upped 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. Finally, Royal Bank of Canada upped their target price on shares of Johnson Controls International from $86.00 to $93.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 6th. Eight investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $91.13.

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.