G&S Capital LLC acquired a new stake in Johnson Controls International plc (NYSE:JCI – Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 16,730 shares of the company’s stock, valued at approximately $1,320,000.
Other institutional investors have also added to or reduced their stakes in the company. Park Avenue Securities LLC increased its stake in shares of Johnson Controls International by 101.5% in the fourth quarter. Park Avenue Securities LLC now owns 26,517 shares of the company’s stock worth $2,093,000 after purchasing an additional 13,360 shares in the last quarter. Y Intercept Hong Kong Ltd boosted its holdings in Johnson Controls International by 136.8% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 91,248 shares of the company’s stock worth $7,082,000 after buying an additional 52,719 shares during the period. Geode Capital Management LLC grew its stake in Johnson Controls International by 0.5% in the 3rd quarter. Geode Capital Management LLC now owns 13,475,260 shares of the company’s stock valued at $1,041,822,000 after buying an additional 71,493 shares in the last quarter. BNC Wealth Management LLC bought a new stake in Johnson Controls International during the 4th quarter valued at $2,093,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of Johnson Controls International during the third quarter worth $7,692,000. 90.05% of the stock is owned by hedge funds and other institutional investors.
Johnson Controls International Stock Down 0.2 %
Shares of NYSE:JCI opened at $89.02 on Thursday. The firm has a market capitalization of $58.77 billion, a PE ratio of 33.98, a price-to-earnings-growth ratio of 2.48 and a beta of 1.32. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.79 and a current ratio of 1.02. Johnson Controls International plc has a 52-week low of $54.07 and a 52-week high of $89.95. The firm has a fifty day moving average of $81.29 and a 200 day moving average of $77.47.
Johnson Controls International Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were paid a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.66%. The ex-dividend date of this dividend was Monday, December 23rd. Johnson Controls International’s dividend payout ratio is currently 56.49%.
Insider Buying and Selling at Johnson Controls International
In other news, CEO George Oliver sold 110,616 shares of the company’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $84.60, for a total value of $9,358,113.60. Following the completion of the sale, the chief executive officer now owns 1,244,617 shares of the company’s stock, valued at approximately $105,294,598.20. This represents a 8.16 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Daniel C. Mcconeghy sold 1,950 shares of Johnson Controls International stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $87.73, for a total transaction of $171,073.50. Following the completion of the transaction, the vice president now owns 24,803 shares in the company, valued at approximately $2,175,967.19. The trade was a 7.29 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,061,494 shares of company stock worth $90,587,400 over the last ninety days. Insiders own 0.54% of the company’s stock.
Wall Street Analysts Forecast Growth
JCI has been the subject of several recent research reports. StockNews.com cut Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th. Morgan Stanley lifted their target price on Johnson Controls International from $95.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Wells Fargo & Company increased their price target on shares of Johnson Controls International from $92.00 to $98.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Robert W. Baird raised their price objective on shares of Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. Finally, Melius lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 target price on the stock. in a report on Tuesday, January 28th. Eight analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, Johnson Controls International presently has an average rating of “Moderate Buy” and an average price target of $91.13.
Get Our Latest Research Report on Johnson Controls International
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.
See Also
- Five stocks we like better than Johnson Controls International
- 3 Monster Growth Stocks to Buy Now
- Will Eli Lilly Stock Keep Climbing? Q2 Trial Results Are Crucial
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- Double-Digit Gains Ahead? These 2 Cybersecurity Stocks Look Ready
- Top Stocks Investing in 5G Technology
- Will Falling Bond Yields Send These 2 Small Caps Soaring?
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.