Capital Analysts LLC raised its stake in Johnson Controls International plc (NYSE:JCI – Free Report) by 1.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 160,337 shares of the company’s stock after buying an additional 3,038 shares during the period. Capital Analysts LLC’s holdings in Johnson Controls International were worth $12,655,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Compass Financial Services Inc purchased a new position in Johnson Controls International in the fourth quarter worth $26,000. SBI Securities Co. Ltd. bought a new stake in Johnson Controls International during the fourth quarter worth about $29,000. Synergy Asset Management LLC purchased a new position in shares of Johnson Controls International in the 4th quarter worth about $42,000. Crowley Wealth Management Inc. bought a new position in shares of Johnson Controls International during the 4th quarter valued at about $42,000. Finally, ST Germain D J Co. Inc. increased its position in shares of Johnson Controls International by 32.8% during the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock valued at $43,000 after purchasing an additional 134 shares during the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.
Insider Buying and Selling at Johnson Controls International
In related news, CEO George Oliver sold 205,168 shares of Johnson Controls International 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 sale, the chief executive officer now directly owns 1,260,527 shares in the company, valued at $110,964,191.81. The trade was a 14.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Daniel C. Mcconeghy sold 1,950 shares of the company’s stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $87.73, for a total value of $171,073.50. Following the completion of the sale, the vice president now directly owns 24,803 shares in the company, valued at approximately $2,175,967.19. The trade was a 7.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 907,286 shares of company stock valued at $77,938,071. 0.54% of the stock is currently owned by corporate insiders.
Johnson Controls International Price Performance
Johnson Controls International (NYSE:JCI – Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 earnings per share (EPS) 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%. On average, equities research analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current year.
Johnson Controls International Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 24th were issued a $0.37 dividend. The ex-dividend date of this dividend was Monday, March 24th. This represents a $1.48 annualized dividend and a yield of 1.82%. Johnson Controls International’s dividend payout ratio (DPR) is presently 56.49%.
Analyst Ratings Changes
Several analysts have issued reports on JCI shares. JPMorgan Chase & Co. cut their target price on Johnson Controls International from $100.00 to $81.00 and set an “overweight” rating for the company in a research note on Tuesday, April 8th. Royal Bank of Canada upped their price objective on shares of Johnson Controls International from $86.00 to $93.00 and gave the company a “sector perform” rating in a research note on Thursday, February 6th. Melius Research reiterated a “hold” rating and issued a $95.00 target price on shares of Johnson Controls International in a research report on Tuesday, January 28th. Barclays lowered their price target on shares of Johnson Controls International from $88.00 to $85.00 and set an “equal weight” rating for the company in a research note on Monday, March 10th. Finally, Citigroup reduced their price objective on Johnson Controls International from $95.00 to $85.00 and set a “neutral” rating on the stock in a research note on Monday, April 14th. Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $90.07.
View Our Latest Analysis on JCI
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.
See Also
- Five stocks we like better than Johnson Controls International
- Golden Cross Stocks: Pattern, Examples and Charts
- Short Sellers Gave Up on These 3 Names Recently
- 3 Fintech Stocks With Good 2021 Prospects
- 3 Boring Stocks Outperforming the Market This Year
- Quiet Period Expirations Explained
- If You Wanted To Buy AbbVie and Didn’t, There’s Still Time To Buy
Want to see what other hedge funds are holding JCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Johnson Controls International plc (NYSE:JCI – Free Report).
Receive News & Ratings for Johnson Controls International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Controls International and related companies with MarketBeat.com's FREE daily email newsletter.