Oppenheimer & Co. Inc. Acquires 12,007 Shares of Johnson Controls International plc (NYSE:JCI)

Oppenheimer & Co. Inc. lifted its holdings in Johnson Controls International plc (NYSE:JCI) by 14.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 94,975 shares of the company’s stock after purchasing an additional 12,007 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Johnson Controls International were worth $7,496,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of JCI. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Johnson Controls International by 514.9% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company’s stock worth $418,439,000 after acquiring an additional 4,514,792 shares during the last quarter. Fisher Asset Management LLC increased its stake in shares of Johnson Controls International by 3.4% during the 3rd quarter. Fisher Asset Management LLC now owns 15,295,506 shares of the company’s stock worth $1,187,084,000 after purchasing an additional 509,293 shares during the last quarter. Janney Montgomery Scott LLC bought a new stake in Johnson Controls International in the fourth quarter valued at approximately $32,609,000. Robeco Schweiz AG bought a new stake in Johnson Controls International in the 4th quarter valued at $29,160,000. Finally, Worldquant Millennium Advisors LLC bought a new position in shares of Johnson Controls International in the third quarter valued at about $25,065,000. 90.05% of the stock is owned by institutional investors.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, CEO George Oliver sold 205,168 shares of the business’s stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $88.03, for a total transaction of $18,060,939.04. Following the completion of the sale, the chief executive officer now directly owns 1,260,527 shares of the company’s stock, valued at approximately $110,964,191.81. The trade was a 14.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Nathan D. Manning sold 1,421 shares of the stock in a transaction that occurred on 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 sale, the vice president now directly owns 148,346 shares of the company’s stock, valued at approximately $11,339,568.24. This trade represents a 0.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 837,963 shares of company stock valued at $72,883,012 over the last ninety days. 0.54% of the stock is owned by company insiders.

Analyst Ratings Changes

JCI has been the topic of a number of research reports. Melius Research reiterated a “hold” rating and issued a $95.00 price target on shares of Johnson Controls International in a research note on Tuesday, January 28th. Morgan Stanley upped their target price on Johnson Controls International from $95.00 to $105.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Royal Bank of Canada lifted their price target on Johnson Controls International from $86.00 to $93.00 and gave the stock a “sector perform” rating in a report on Thursday, February 6th. Robert W. Baird boosted their price target on Johnson Controls International from $80.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Finally, Wells Fargo & Company raised their target price on Johnson Controls International from $92.00 to $98.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $91.13.

Johnson Controls International Trading Down 0.8 %

NYSE:JCI opened at $84.24 on Friday. Johnson Controls International plc has a 12 month low of $59.05 and a 12 month high of $91.14. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $55.61 billion, a price-to-earnings ratio of 32.15, a PEG ratio of 1.96 and a beta of 1.32. The firm has a fifty day simple moving average of $82.33 and a two-hundred day simple moving average of $78.86.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.59 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. Analysts expect that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.37 per share. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.48 annualized dividend and a dividend yield of 1.76%. Johnson Controls International’s dividend payout ratio is 56.49%.

Johnson Controls International Company 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.