Johnson Controls International plc (NYSE:JCI) Shares Purchased by Mizuho Securities USA LLC

Mizuho Securities USA LLC boosted its holdings in Johnson Controls International plc (NYSE:JCI) by 46.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 63,313 shares of the company’s stock after acquiring an additional 19,996 shares during the quarter. Mizuho Securities USA LLC’s holdings in Johnson Controls International were worth $4,997,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Compass Financial Services Inc acquired a new stake in Johnson Controls International in the 4th quarter valued at approximately $26,000. SBI Securities Co. Ltd. acquired a new stake in Johnson Controls International in the 4th quarter valued at approximately $29,000. Synergy Asset Management LLC acquired a new stake in Johnson Controls International in the 4th quarter valued at approximately $42,000. ST Germain D J Co. Inc. increased its position in Johnson Controls International by 32.8% in the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock valued at $43,000 after acquiring an additional 134 shares during the period. Finally, Gables Capital Management Inc. increased its position in Johnson Controls International by 132.0% in the 4th quarter. Gables Capital Management Inc. now owns 580 shares of the company’s stock valued at $46,000 after acquiring an additional 330 shares during the period. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently issued reports on JCI shares. Citigroup lowered their price target on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating on the stock in a research report on Monday, January 13th. Royal Bank of Canada lifted their price target on Johnson Controls International from $86.00 to $93.00 and gave the company a “sector perform” rating in a research report on Thursday, February 6th. Melius cut Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price target on the stock. in a research report on Tuesday, January 28th. Melius Research reiterated a “hold” rating and set a $95.00 price target on shares of Johnson Controls International in a research report on Tuesday, January 28th. Finally, Barclays lowered their price target on Johnson Controls International from $88.00 to $85.00 and set an “equal weight” rating on the stock in a research report on Monday, March 10th. Eight investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $91.27.

Insider Buying and Selling at Johnson Controls International

In other news, CEO George Oliver sold 162,894 shares of the company’s stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $89.28, for a total transaction of $14,543,176.32. Following the completion of the sale, the chief executive officer now owns 1,203,893 shares in the company, valued at approximately $107,483,567.04. This represents a 11.92 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Nathan D. Manning sold 1,421 shares of the company’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $76.44, for a total value of $108,621.24. Following the sale, the vice president now 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 position. The disclosure for this sale can be found here. Insiders have sold 905,864 shares of company stock worth $77,824,710 over the last 90 days. 0.54% of the stock is currently owned by corporate insiders.

Johnson Controls International Stock Performance

Shares of Johnson Controls International stock opened at $82.64 on Friday. The stock has a market cap of $54.55 billion, a PE ratio of 31.54, a price-to-earnings-growth ratio of 1.96 and a beta of 1.32. The business has a fifty day simple moving average of $82.70 and a 200-day simple moving average of $80.10. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. Johnson Controls International plc has a 12 month low of $59.83 and a 12 month high of $91.14.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, topping 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%. On average, sell-side analysts anticipate that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 24th will be paid a $0.37 dividend. The ex-dividend date of this dividend is Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a yield of 1.79%. Johnson Controls International’s dividend payout ratio (DPR) is currently 56.49%.

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.