Johnson Controls International plc (NYSE:JCI) Stock Holdings Lifted by Optas LLC

Optas LLC raised its position in Johnson Controls International plc (NYSE:JCI) by 6.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,338 shares of the company’s stock after purchasing an additional 194 shares during the quarter. Optas LLC’s holdings in Johnson Controls International were worth $259,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JCI. Summit Trail Advisors LLC grew its stake in shares of Johnson Controls International by 4.6% in the 2nd quarter. Summit Trail Advisors LLC now owns 3,715 shares of the company’s stock valued at $248,000 after purchasing an additional 163 shares during the period. Miracle Mile Advisors LLC grew its stake in shares of Johnson Controls International by 1.0% in the 3rd quarter. Miracle Mile Advisors LLC now owns 17,011 shares of the company’s stock valued at $1,320,000 after purchasing an additional 163 shares during the period. Berry Wealth Group LP grew its stake in shares of Johnson Controls International by 0.7% in the 3rd quarter. Berry Wealth Group LP now owns 25,978 shares of the company’s stock valued at $2,016,000 after purchasing an additional 177 shares during the period. Center for Financial Planning Inc. grew its stake in shares of Johnson Controls International by 5.7% in the 2nd quarter. Center for Financial Planning Inc. now owns 3,485 shares of the company’s stock valued at $232,000 after purchasing an additional 187 shares during the period. Finally, Wedmont Private Capital grew its stake in shares of Johnson Controls International by 3.1% in the 2nd quarter. Wedmont Private Capital now owns 6,440 shares of the company’s stock valued at $451,000 after purchasing an additional 192 shares during the period. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Johnson Controls International Price Performance

Shares of NYSE JCI opened at $75.50 on Monday. The stock has a market capitalization of $50.43 billion, a price-to-earnings ratio of 31.59, a PEG ratio of 2.16 and a beta of 1.29. The business has a 50-day moving average of $74.53 and a 200-day moving average of $70.49. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.96 and a quick ratio of 0.73. Johnson Controls International plc has a fifty-two week low of $49.64 and a fifty-two week high of $78.23.

Johnson Controls International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th were issued a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.96%. The ex-dividend date of this dividend was Wednesday, September 25th. Johnson Controls International’s payout ratio is 61.92%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Barclays increased their price target on Johnson Controls International from $62.00 to $64.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 2nd. The Goldman Sachs Group upped their price objective on Johnson Controls International from $73.00 to $81.00 and gave the stock a “buy” rating in a report on Friday, August 2nd. Wells Fargo & Company upped their price objective on Johnson Controls International from $80.00 to $84.00 and gave the stock an “overweight” rating in a report on Monday, October 7th. Oppenheimer upped their price objective on Johnson Controls International from $79.00 to $86.00 and gave the stock an “outperform” rating in a report on Wednesday, October 2nd. Finally, Morgan Stanley assumed coverage on Johnson Controls International in a report on Friday, September 6th. They set an “overweight” rating and a $85.00 price objective on the stock. Twelve equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $73.43.

Insider Activity

In other news, CEO George Oliver sold 110,615 shares of the firm’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $72.67, for a total value of $8,038,392.05. Following the completion of the transaction, the chief executive officer now owns 1,243,751 shares in the company, valued at $90,383,385.17. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, CEO George Oliver sold 110,615 shares of Johnson Controls International stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $72.67, for a total transaction of $8,038,392.05. Following the completion of the transaction, the chief executive officer now owns 1,243,751 shares in the company, valued at approximately $90,383,385.17. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Nathan D. Manning sold 1,167 shares of Johnson Controls International stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $72.75, for a total value of $84,899.25. Following the transaction, the chief operating officer now owns 143,488 shares of the company’s stock, valued at $10,438,752. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 226,141 shares of company stock worth $16,904,519 in the last quarter. Corporate insiders own 0.69% of the company’s stock.

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.