Johnson Controls International plc (NYSE:JCI) Shares Bought by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC grew its stake in Johnson Controls International plc (NYSE:JCI - Free Report) by 5.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 147,619 shares of the company's stock after purchasing an additional 7,735 shares during the period. Commonwealth Equity Services LLC's holdings in Johnson Controls International were worth $11,652,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. bought a new position in shares of Johnson Controls International during the fourth quarter valued at approximately $568,309,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Johnson Controls International by 514.9% during the third 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 purchasing an additional 4,514,792 shares during the last quarter. Amundi lifted its position in shares of Johnson Controls International by 76.7% during the fourth quarter. Amundi now owns 3,870,478 shares of the company's stock worth $309,422,000 after purchasing an additional 1,680,431 shares during the last quarter. ANTIPODES PARTNERS Ltd grew its holdings in shares of Johnson Controls International by 391,951.9% in the fourth quarter. ANTIPODES PARTNERS Ltd now owns 1,215,361 shares of the company's stock worth $95,936,000 after purchasing an additional 1,215,051 shares during the last quarter. Finally, AMF Tjanstepension AB increased its stake in Johnson Controls International by 500.7% in the 4th quarter. AMF Tjanstepension AB now owns 1,048,377 shares of the company's stock worth $82,797,000 after buying an additional 873,841 shares during the period. 90.05% of the stock is owned by institutional investors.

Remove Ads

Johnson Controls International Stock Performance

NYSE JCI traded down $0.51 during trading on Friday, reaching $82.64. The company's stock had a trading volume of 6,990,704 shares, compared to its average volume of 4,179,319. The business's fifty day moving average price is $82.70 and its 200-day moving average price is $80.04. Johnson Controls International plc has a twelve month low of $59.83 and a twelve month high of $91.14. 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 has a market cap of $54.55 billion, a price-to-earnings ratio of 31.54, a P/E/G ratio of 1.96 and a beta of 1.32.

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

Johnson Controls International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 24th will be given a $0.37 dividend. The ex-dividend date is Monday, March 24th. This represents a $1.48 annualized dividend and a dividend yield of 1.79%. Johnson Controls International's dividend payout ratio is presently 56.49%.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, CEO George Oliver sold 205,168 shares of the firm's stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $88.03, for a total transaction of $18,060,939.04. Following the sale, the chief executive officer now directly owns 1,260,527 shares of the company's stock, valued at $110,964,191.81. This trade represents a 14.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Daniel C. Mcconeghy sold 1,950 shares of Johnson Controls International stock in a transaction that occurred on Thursday, February 6th. The stock was sold at an average price of $87.73, for a total transaction of $171,073.50. Following the completion of the sale, the vice president now directly owns 24,803 shares of the company's stock, valued at $2,175,967.19. The trade was a 7.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 905,864 shares of company stock valued at $77,824,710 in the last ninety days. Corporate insiders own 0.54% of the company's stock.

Analyst Upgrades and Downgrades

JCI has been the topic of a number of recent research reports. Melius downgraded Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price target on the stock. in a research report on Tuesday, January 28th. Argus raised shares of Johnson Controls International from a "hold" rating to a "buy" rating and set a $88.00 target price on the stock in a research report on Friday, December 20th. Citigroup reduced their price target on shares of Johnson Controls International from $85.00 to $84.00 and set a "neutral" rating for the company in a report on Monday, January 13th. Royal Bank of Canada increased their price objective on shares of Johnson Controls International from $86.00 to $93.00 and gave the company a "sector perform" rating in a research note on Thursday, February 6th. Finally, Morgan Stanley boosted 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 note on Thursday, February 6th. Eight analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $91.27.

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.