MassMutual Private Wealth & Trust FSB Has $380,000 Stake in Johnson Controls International plc (NYSE:JCI)

MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 82.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,816 shares of the company’s stock after acquiring an additional 2,176 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in Johnson Controls International were worth $380,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Johnson Controls International by 514.9% during 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 worth $418,439,000 after acquiring an additional 4,514,792 shares during the last quarter. Point72 Asset Management L.P. increased its stake in shares of Johnson Controls International by 263.9% during the second quarter. Point72 Asset Management L.P. now owns 1,341,919 shares of the company’s stock worth $89,197,000 after purchasing an additional 973,145 shares during the period. Electron Capital Partners LLC lifted its holdings in Johnson Controls International by 81.3% during the 2nd quarter. Electron Capital Partners LLC now owns 1,432,335 shares of the company’s stock worth $95,207,000 after purchasing an additional 642,315 shares during the last quarter. Fisher Asset Management LLC boosted its stake in Johnson Controls International by 3.4% in the 3rd quarter. Fisher Asset Management LLC now owns 15,295,506 shares of the company’s stock valued at $1,187,084,000 after purchasing an additional 509,293 shares during the period. Finally, Worldquant Millennium Advisors LLC acquired a new position in Johnson Controls International in the 3rd quarter valued at $25,065,000. 90.05% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, EVP Marlon Sullivan sold 7,230 shares of the stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $83.35, for a total transaction of $602,620.50. Following the sale, the executive vice president now owns 32,246 shares in the company, valued at $2,687,704.10. This represents a 18.31 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO George Oliver sold 224,152 shares of the firm’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $82.72, for a total value of $18,541,853.44. Following the completion of the transaction, the chief executive officer now directly owns 1,166,992 shares of the company’s stock, valued at $96,533,578.24. The trade was a 16.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 647,787 shares of company stock valued at $53,972,452 over the last three months. 0.69% of the stock is currently owned by insiders.

Johnson Controls International Stock Performance

NYSE:JCI opened at $82.13 on Thursday. The company has a market capitalization of $54.38 billion, a P/E ratio of 32.33, a P/E/G ratio of 2.32 and a beta of 1.32. The business has a fifty day simple moving average of $81.80 and a two-hundred day simple moving average of $76.03. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.79. Johnson Controls International plc has a 1 year low of $52.02 and a 1 year high of $87.16.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.80%. The ex-dividend date of this dividend was Monday, December 23rd. Johnson Controls International’s dividend payout ratio is currently 58.27%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on JCI. Wells Fargo & Company dropped their price objective on shares of Johnson Controls International from $95.00 to $92.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Robert W. Baird upped their price objective on shares of Johnson Controls International from $80.00 to $85.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Royal Bank of Canada increased their price target on Johnson Controls International from $81.00 to $86.00 and gave the company a “sector perform” rating in a research note on Thursday, November 7th. Barclays raised 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 note on Thursday, December 5th. Finally, Bank of America lifted their price objective on Johnson Controls International from $80.00 to $95.00 and gave the stock a “buy” rating in a research note on Friday, September 27th. Ten equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $82.53.

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.