Amundi Has $309.42 Million Stock Position in Johnson Controls International plc (NYSE:JCI)

Amundi increased its position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 76.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,870,478 shares of the company's stock after purchasing an additional 1,680,431 shares during the period. Amundi owned 0.59% of Johnson Controls International worth $309,422,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Concurrent Investment Advisors LLC lifted its holdings in shares of Johnson Controls International by 24.7% in the third quarter. Concurrent Investment Advisors LLC now owns 6,259 shares of the company's stock valued at $486,000 after buying an additional 1,240 shares during the period. Graypoint LLC bought a new stake in Johnson Controls International in the third quarter worth about $244,000. Assetmark Inc. lifted its stake in Johnson Controls International by 1.2% during the third quarter. Assetmark Inc. now owns 32,913 shares of the company's stock valued at $2,554,000 after purchasing an additional 400 shares during the last quarter. Mayflower Financial Advisors LLC bought a new stake in shares of Johnson Controls International during the 3rd quarter worth $235,000. Finally, Crossmark Global Holdings Inc. grew its holdings in shares of Johnson Controls International by 9.9% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 33,777 shares of the company's stock worth $2,622,000 after acquiring an additional 3,051 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Argus upgraded shares of Johnson Controls International from a "hold" rating to a "buy" rating and set a $88.00 target price for the company in a report on Friday, December 20th. Royal Bank of Canada lifted their price objective on shares of Johnson Controls International from $86.00 to $93.00 and gave the stock a "sector perform" rating in a research report on Thursday, February 6th. Wells Fargo & Company increased their target price on Johnson Controls International from $92.00 to $98.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. UBS Group upgraded Johnson Controls International from a "neutral" rating to a "buy" rating and lifted their price target for the company from $90.00 to $103.00 in a report on Monday, February 10th. Finally, Melius Research reissued a "hold" rating and issued a $95.00 price objective on shares of Johnson Controls International in a research note on Tuesday, January 28th. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $91.27.

Insider Activity at Johnson Controls International

In related news, VP Daniel C. Mcconeghy sold 1,950 shares of the firm's stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $87.73, for a total value of $171,073.50. Following the transaction, the vice president now directly owns 24,803 shares in the company, valued at approximately $2,175,967.19. This trade represents a 7.29 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO George Oliver sold 205,168 shares of Johnson Controls International stock in a transaction on Friday, February 7th. The stock was sold at an average price of $88.03, for a total transaction of $18,060,939.04. Following the completion of the transaction, the chief executive officer now owns 1,260,527 shares in the company, valued at $110,964,191.81. This trade represents a 14.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 706,050 shares of company stock valued at $61,972,667. Corporate insiders own 0.54% of the company's stock.

Johnson Controls International Stock Up 2.3 %

JCI traded up $1.75 during midday trading on Wednesday, hitting $78.74. 4,958,047 shares of the company's stock traded hands, compared to its average volume of 4,715,701. 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 company has a market cap of $51.98 billion, a PE ratio of 30.05, a price-to-earnings-growth ratio of 1.96 and a beta of 1.32. The stock's fifty day simple moving average is $82.45 and its 200-day simple moving average is $79.64. Johnson Controls International plc has a one year low of $59.83 and a one year high of $91.14.

Johnson Controls International (NYSE:JCI - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, beating analysts' consensus estimates of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. As a group, equities analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 24th will be issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.88%. Johnson Controls International's dividend payout ratio is 56.49%.

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.