Commerce Bank Boosts Stake in Johnson Controls International plc (NYSE:JCI)

Commerce Bank raised its position in Johnson Controls International plc (NYSE:JCI - Free Report) by 24.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,661 shares of the company's stock after acquiring an additional 5,677 shares during the quarter. Commerce Bank's holdings in Johnson Controls International were worth $2,262,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of JCI. Gilbert & Cook Inc. lifted its holdings in Johnson Controls International by 2.0% during the 4th quarter. Gilbert & Cook Inc. now owns 6,458 shares of the company's stock worth $510,000 after buying an additional 127 shares in the last quarter. Jackson Hole Capital Partners LLC boosted its holdings in Johnson Controls International by 0.7% in the fourth quarter. Jackson Hole Capital Partners LLC now owns 18,621 shares of the company's stock valued at $1,470,000 after purchasing an additional 127 shares during the period. Graypoint LLC grew its stake in Johnson Controls International by 4.1% during the 4th quarter. Graypoint LLC now owns 3,277 shares of the company's stock worth $259,000 after purchasing an additional 130 shares in the last quarter. ST Germain D J Co. Inc. increased its holdings in Johnson Controls International by 32.8% during the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company's stock worth $43,000 after purchasing an additional 134 shares during the period. Finally, Brooklyn Investment Group boosted its stake in shares of Johnson Controls International by 3.1% in the 4th quarter. Brooklyn Investment Group now owns 4,444 shares of the company's stock valued at $351,000 after buying an additional 135 shares during the period. 90.05% of the stock is owned by institutional investors and hedge funds.

Johnson Controls International Stock Performance

Johnson Controls International stock traded up $0.84 during trading hours on Friday, reaching $81.20. 2,920,556 shares of the stock were exchanged, compared to its average volume of 4,452,665. Johnson Controls International plc has a 52-week low of $59.83 and a 52-week high of $91.14. The stock has a market cap of $53.60 billion, a P/E ratio of 30.99, a P/E/G ratio of 1.96 and a beta of 1.22. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.86 and a current ratio of 1.02. The firm's 50 day moving average is $80.14 and its 200 day moving average is $80.86.

Johnson Controls International (NYSE:JCI - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share (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%. Analysts predict that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 24th were given a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.82%. The ex-dividend date was Monday, March 24th. Johnson Controls International's payout ratio is 56.49%.

Insider Buying and Selling at Johnson Controls International

In other news, CEO George Oliver sold 162,894 shares of Johnson Controls International stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $89.28, for a total transaction of $14,543,176.32. Following the completion of the sale, the chief executive officer now directly owns 1,203,893 shares in the company, valued at approximately $107,483,567.04. This trade represents a 11.92 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $79.72, for a total value of $113,361.84. Following the transaction, the vice president now directly owns 145,502 shares of the company's stock, valued at approximately $11,599,419.44. This represents a 0.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 907,286 shares of company stock valued at $77,938,071. 0.54% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Barclays reduced their target price on shares of Johnson Controls International from $88.00 to $85.00 and set an "equal weight" rating on the stock in a report on Monday, March 10th. Melius Research restated a "hold" rating and issued a $95.00 price objective on shares of Johnson Controls International in a report on Tuesday, January 28th. Wells Fargo & Company boosted their target price on shares of Johnson Controls International from $92.00 to $98.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. UBS Group upgraded 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 research note on Monday, February 10th. Finally, Melius cut Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price objective for the company. in a research report on Tuesday, January 28th. Eight equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $90.07.

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.