Johnson Controls International plc (NYSE:JCI) Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lowered its position in shares of Johnson Controls International plc (NYSE:JCI) by 9.1% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 82,968 shares of the company’s stock after selling 8,343 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Johnson Controls International were worth $6,439,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Fortitude Family Office LLC increased its holdings in shares of Johnson Controls International by 195.8% in the 3rd quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock valued at $33,000 after acquiring an additional 278 shares during the last quarter. Continuum Advisory LLC increased its stake in Johnson Controls International by 65.2% during the second quarter. Continuum Advisory LLC now owns 527 shares of the company’s stock valued at $35,000 after purchasing an additional 208 shares during the last quarter. Wolff Wiese Magana LLC increased its stake in Johnson Controls International by 977.3% during the third quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock valued at $37,000 after purchasing an additional 430 shares during the last quarter. Western Pacific Wealth Management LP acquired a new stake in shares of Johnson Controls International during the third quarter worth $44,000. Finally, Hexagon Capital Partners LLC lifted its position in shares of Johnson Controls International by 39.7% in the 2nd quarter. Hexagon Capital Partners LLC now owns 711 shares of the company’s stock worth $47,000 after buying an additional 202 shares during the last quarter. Institutional investors own 90.05% of the company’s stock.

Analysts Set New Price Targets

JCI has been the topic of a number of recent research reports. Wells Fargo & Company raised their target price on shares of Johnson Controls International from $84.00 to $90.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. Royal Bank of Canada upped their price objective on Johnson Controls International from $81.00 to $86.00 and gave the stock a “sector perform” rating in a research note on Thursday, November 7th. Bank of America raised their target price on Johnson Controls International from $80.00 to $95.00 and gave the company a “buy” rating in a research note on Friday, September 27th. StockNews.com lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Tuesday. Finally, Morgan Stanley initiated coverage on shares of Johnson Controls International in a research report on Friday, September 6th. They issued an “overweight” rating and a $85.00 price objective on the stock. Twelve investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Johnson Controls International presently has an average rating of “Hold” and a consensus price target of $77.21.

Insider Buying and Selling at Johnson Controls International

In related news, CEO George Oliver sold 110,615 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $72.67, for a total transaction of $8,038,392.05. Following the completion of the sale, the chief executive officer now directly owns 1,243,751 shares in the company, valued at approximately $90,383,385.17. This trade represents a 8.17 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Nathan D. Manning sold 3,000 shares of the company’s stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $77.08, for a total value of $231,240.00. Following the completion of the transaction, the chief operating officer now directly owns 140,488 shares in the company, valued at $10,828,815.04. This represents a 2.09 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 226,141 shares of company stock valued at $16,904,519. 0.69% of the stock is owned by insiders.

Johnson Controls International Stock Down 0.7 %

JCI opened at $85.12 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 0.94. The company has a market capitalization of $56.86 billion, a PE ratio of 33.51, a P/E/G ratio of 2.39 and a beta of 1.29. The stock’s fifty day moving average is $76.20 and its 200-day moving average is $71.42. Johnson Controls International plc has a one year low of $51.40 and a one year high of $87.16.

Johnson Controls International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Wednesday, September 25th were issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date was Wednesday, September 25th. Johnson Controls International’s payout ratio is 58.27%.

About Johnson Controls International

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.