Johnson Controls International plc (NYSE:JCI) Shares Sold by Chevy Chase Trust Holdings LLC

Chevy Chase Trust Holdings LLC lessened its stake in Johnson Controls International plc (NYSE:JCI - Free Report) by 2.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 351,002 shares of the company's stock after selling 7,751 shares during the quarter. Chevy Chase Trust Holdings LLC owned approximately 0.05% of Johnson Controls International worth $27,705,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Catalyst Financial Partners LLC increased its position in Johnson Controls International by 4.8% in the fourth quarter. Catalyst Financial Partners LLC now owns 3,154 shares of the company's stock worth $249,000 after purchasing an additional 144 shares during the last quarter. Asset Management One Co. Ltd. increased its position in Johnson Controls International by 0.7% in the fourth quarter. Asset Management One Co. Ltd. now owns 256,522 shares of the company's stock worth $20,476,000 after purchasing an additional 1,897 shares during the last quarter. G&S Capital LLC bought a new stake in Johnson Controls International in the fourth quarter worth $1,320,000. Consolidated Planning Corp increased its position in Johnson Controls International by 3.0% in the fourth quarter. Consolidated Planning Corp now owns 82,031 shares of the company's stock worth $6,475,000 after purchasing an additional 2,411 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC increased its position in Johnson Controls International by 4.6% in the fourth quarter. Avidian Wealth Enterprises LLC now owns 3,427 shares of the company's stock worth $270,000 after purchasing an additional 150 shares during the last quarter. Hedge funds and other institutional investors own 90.05% of the company's stock.

Insider Activity

In other news, VP Nathan D. Manning sold 1,421 shares of the company's stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $76.44, for a total transaction of $108,621.24. Following the transaction, the vice president now owns 148,346 shares in the company, valued at $11,339,568.24. This represents a 0.95 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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 transaction, the vice president now 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 disclosure for this sale can be found here. Insiders have sold a total of 889,434 shares of company stock worth $77,215,058 over the last 90 days. 0.54% of the stock is currently owned by corporate insiders.

Johnson Controls International Stock Down 0.3 %

Shares of JCI stock traded down $0.25 during mid-day trading on Wednesday, hitting $90.36. 2,085,692 shares of the stock traded hands, compared to its average volume of 4,527,320. The stock has a market cap of $59.65 billion, a P/E ratio of 34.49, a P/E/G ratio of 1.98 and a beta of 1.32. The stock's fifty day moving average is $81.78 and its two-hundred day moving average is $78.09. Johnson Controls International plc has a 52-week low of $56.28 and a 52-week high of $91.14. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86.

Johnson Controls International (NYSE:JCI - Get Free Report) last released 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%. Equities analysts predict that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.37 per share. The ex-dividend date was Monday, December 23rd. This represents a $1.48 annualized dividend and a dividend yield of 1.64%. Johnson Controls International's dividend payout ratio (DPR) is currently 56.49%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Oppenheimer boosted their price objective on shares of Johnson Controls International from $86.00 to $87.00 and gave the company an "outperform" rating in a research report on Thursday, November 7th. JPMorgan Chase & Co. upped their price target on shares of Johnson Controls International from $87.00 to $100.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. Citigroup cut their price target on shares of Johnson Controls International from $85.00 to $84.00 and set a "neutral" rating on the stock in a report on Monday, January 13th. Royal Bank of Canada upped their price target on shares of Johnson Controls International from $86.00 to $93.00 and gave the stock a "sector perform" rating in a report on Thursday, February 6th. Finally, Melius Research restated a "hold" rating and issued a $95.00 price target on shares of Johnson Controls International in a report on Tuesday, January 28th. Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $91.13.

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.