Certuity LLC Makes New $243,000 Investment in Johnson Controls International plc (NYSE:JCI)

Certuity LLC purchased a new stake in 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 Securities & Exchange Commission. The fund purchased 3,073 shares of the company's stock, valued at approximately $243,000.

A number of other institutional investors also recently modified their holdings of the business. State Street Corp grew its holdings in Johnson Controls International by 1.1% during the 3rd quarter. State Street Corp now owns 27,939,766 shares of the company's stock valued at $2,178,595,000 after buying an additional 300,712 shares in the last quarter. Fisher Asset Management LLC boosted its position in shares of Johnson Controls International by 3.4% in the third quarter. Fisher Asset Management LLC now owns 15,295,506 shares of the company's stock valued at $1,187,084,000 after acquiring an additional 509,293 shares during the period. Geode Capital Management LLC grew its stake in Johnson Controls International by 0.5% during the third quarter. Geode Capital Management LLC now owns 13,475,260 shares of the company's stock valued at $1,041,822,000 after acquiring an additional 71,493 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Johnson Controls International by 514.9% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company's stock worth $418,439,000 after acquiring an additional 4,514,792 shares during the period. Finally, Raymond James & Associates lifted its stake in Johnson Controls International by 5.6% in the 3rd quarter. Raymond James & Associates now owns 4,735,147 shares of the company's stock worth $367,495,000 after purchasing an additional 249,405 shares in the last quarter. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Johnson Controls International Trading Up 1.4 %

NYSE:JCI traded up $1.28 during trading hours on Monday, reaching $89.83. The company's stock had a trading volume of 2,800,397 shares, compared to its average volume of 5,100,635. Johnson Controls International plc has a 1 year low of $56.28 and a 1 year high of $89.95. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.79 and a current ratio of 1.02. The firm has a 50-day simple moving average of $81.50 and a 200-day simple moving average of $77.79. The firm has a market capitalization of $59.30 billion, a price-to-earnings ratio of 34.28, a PEG ratio of 2.48 and a beta of 1.32.

Johnson Controls International (NYSE:JCI - Get Free Report) 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 net margin of 6.83% and a return on equity of 15.11%. Research analysts expect that Johnson Controls International plc will post 3.52 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were issued a $0.37 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.48 annualized dividend and a yield of 1.65%. Johnson Controls International's dividend payout ratio (DPR) is presently 56.49%.

Insider Buying and Selling at Johnson Controls International

In related news, EVP Marlon Sullivan sold 7,230 shares of Johnson Controls International stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total transaction of $602,620.50. Following the completion of the transaction, the executive vice president now directly owns 32,246 shares of the company's stock, valued at $2,687,704.10. This trade represents a 18.31 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO George Oliver sold 224,152 shares of the company's stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $82.72, for a total transaction of $18,541,853.44. Following the completion of the sale, the chief executive officer now owns 1,166,992 shares in the company, valued at approximately $96,533,578.24. This trade represents a 16.11 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,113,772 shares of company stock valued at $95,772,462. 0.54% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have recently commented on JCI. Royal Bank of Canada boosted their price target on shares of 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. Oppenheimer boosted their target price on Johnson Controls International from $86.00 to $87.00 and gave the stock an "outperform" rating in a research report on Thursday, November 7th. UBS Group raised Johnson Controls International from a "neutral" rating to a "buy" rating and raised their price target for the company from $90.00 to $103.00 in a report on Monday, February 10th. Melius lowered Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price objective for the company. in a report on Tuesday, January 28th. Finally, Morgan Stanley upped their price objective on shares of Johnson Controls International from $95.00 to $105.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. Eight analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat, Johnson Controls International presently has an average rating of "Moderate Buy" and an average price target of $91.13.

Johnson Controls International Company 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.