Bradley Foster & Sargent Inc. CT increased its stake in shares of Johnson Controls International plc (NYSE:JCI – Free Report) by 1.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 30,374 shares of the company’s stock after acquiring an additional 554 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in Johnson Controls International were worth $2,397,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in JCI. Compass Financial Services Inc purchased a new stake in shares of Johnson Controls International during the 4th quarter worth approximately $26,000. Fortitude Family Office LLC boosted its position in Johnson Controls International by 195.8% during the third quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock worth $33,000 after purchasing an additional 278 shares in the last quarter. Synergy Asset Management LLC acquired a new stake in Johnson Controls International in the fourth quarter valued at $42,000. ST Germain D J Co. Inc. grew its holdings in Johnson Controls International by 32.8% in the fourth 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. Finally, Western Pacific Wealth Management LP purchased a new position in shares of Johnson Controls International in the third quarter valued at $44,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.
Johnson Controls International Trading Down 4.1 %
NYSE JCI opened at $85.23 on Friday. The company has a market cap of $56.26 billion, a P/E ratio of 32.53, a P/E/G ratio of 1.96 and a beta of 1.32. Johnson Controls International plc has a 12 month low of $57.78 and a 12 month high of $91.14. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. The company has a 50-day moving average of $82.06 and a 200-day moving average of $78.38.
Johnson Controls International Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date was Monday, December 23rd. Johnson Controls International’s dividend payout ratio (DPR) is presently 56.49%.
Insider Buying and Selling at Johnson Controls International
In other news, VP Nathan D. Manning sold 1,421 shares of the business’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $76.44, for a total transaction of $108,621.24. Following the completion of the sale, the vice president now owns 148,346 shares in the company, valued at approximately $11,339,568.24. The trade was a 0.95 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO George Oliver sold 162,894 shares of the firm’s stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $89.28, for a total transaction of $14,543,176.32. Following the completion of the transaction, the chief executive officer now owns 1,203,893 shares in the company, valued at $107,483,567.04. The trade was a 11.92 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 719,004 shares of company stock valued at $62,950,067. Company insiders own 0.54% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages recently commented on JCI. JPMorgan Chase & Co. increased their price objective on shares of Johnson Controls International from $87.00 to $100.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Argus upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price target on the stock in a research report on Friday, December 20th. Robert W. Baird raised 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 note on Thursday, November 7th. Barclays upped their target price on 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, UBS Group raised Johnson Controls International from a “neutral” rating to a “buy” rating and raised their price target for the stock from $90.00 to $103.00 in a research report on Monday, February 10th. Eight analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, Johnson Controls International currently has an average rating of “Moderate Buy” and a consensus price target of $91.13.
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.
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