TKG Advisors LLC Buys New Holdings in Johnson Controls International plc (NYSE:JCI)

TKG Advisors LLC bought a new stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 13,425 shares of the company's stock, valued at approximately $1,095,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Compass Financial Services Inc bought a new stake in Johnson Controls International during the fourth quarter worth approximately $26,000. Fortitude Family Office LLC raised its stake in shares of Johnson Controls International by 195.8% in the 3rd quarter. Fortitude Family Office LLC now owns 420 shares of the company's stock worth $33,000 after buying an additional 278 shares in the last quarter. Synergy Asset Management LLC acquired a new stake in shares of Johnson Controls International in the fourth quarter valued at $42,000. ST Germain D J Co. Inc. boosted its stake in Johnson Controls International by 32.8% during the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company's stock valued at $43,000 after buying an additional 134 shares in the last quarter. Finally, Western Pacific Wealth Management LP acquired a new position in Johnson Controls International during the third quarter worth about $44,000. 90.05% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on JCI shares. StockNews.com lowered shares of Johnson Controls International from a "buy" rating to a "hold" rating in a research report on Wednesday, November 20th. Citigroup cut their target price on shares of Johnson Controls International from $85.00 to $84.00 and set a "neutral" rating for the company in a research note on Monday, January 13th. Argus raised Johnson Controls International from a "hold" rating to a "buy" rating and set a $88.00 price target on the stock in a report on Friday, December 20th. Royal Bank of Canada raised their price objective on Johnson Controls International from $86.00 to $93.00 and gave the stock a "sector perform" rating in a research note on Thursday, February 6th. Finally, Oppenheimer lifted their target price on Johnson Controls International from $86.00 to $87.00 and gave the stock an "outperform" rating in a report on Thursday, November 7th. 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, the stock has an average rating of "Moderate Buy" and an average target price of $91.13.

Johnson Controls International Stock Down 4.1 %

JCI traded down $3.60 on Friday, reaching $85.23. 3,616,085 shares of the company traded hands, compared to its average volume of 4,457,648. The company has a market cap of $56.26 billion, a price-to-earnings ratio of 32.53, a PEG ratio of 1.99 and a beta of 1.32. 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 stock's 50 day moving average price is $82.01 and its 200-day moving average price is $78.25. Johnson Controls International plc has a 52-week low of $57.78 and a 52-week high of $91.14.

Johnson Controls International (NYSE:JCI - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. On average, sell-side analysts expect that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend 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 Activity

In related news, CEO George Oliver sold 124,497 shares of Johnson Controls International stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $82.67, for a total value of $10,292,166.99. Following the transaction, the chief executive officer now owns 1,267,716 shares in the company, valued at $104,802,081.72. This trade represents a 8.94 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Daniel C. Mcconeghy sold 1,950 shares of the company's stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $87.73, for a total transaction of $171,073.50. Following the sale, the vice president now owns 24,803 shares of the company's stock, valued at $2,175,967.19. This trade represents a 7.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 719,004 shares of company stock worth $62,950,067 in the last three months. 0.54% of the stock is owned by insiders.

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.