Crux Wealth Advisors Makes New Investment in Johnson Controls International plc (NYSE:JCI)

Crux Wealth Advisors 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 13F filing with the Securities & Exchange Commission. The firm purchased 8,179 shares of the company's stock, valued at approximately $646,000.

A number of other hedge funds have also made changes to their positions in the business. Compass Financial Services Inc acquired a new stake in Johnson Controls International in the fourth quarter valued at approximately $26,000. SBI Securities Co. Ltd. acquired a new stake in shares of Johnson Controls International during the 4th quarter valued at approximately $29,000. Crowley Wealth Management Inc. bought a new position in shares of Johnson Controls International in the 4th quarter worth about $42,000. Synergy Asset Management LLC acquired a new position in Johnson Controls International in the fourth quarter valued at approximately $42,000. Finally, ST Germain D J Co. Inc. grew its stake 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 buying an additional 134 shares during the last quarter. Hedge funds and other institutional investors own 90.05% of the company's stock.

Insider Activity

In related news, VP Daniel C. Mcconeghy sold 1,950 shares of the 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 approximately $2,175,967.19. This represents a 7.29 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Nathan D. Manning sold 1,421 shares of the firm's stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $76.44, for a total transaction of $108,621.24. Following the sale, the vice president now owns 148,346 shares in the company, valued at approximately $11,339,568.24. The trade was a 0.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 907,286 shares of company stock valued at $77,938,071. 0.54% of the stock is currently owned by insiders.

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Wall Street Analyst Weigh In

Several brokerages have recently issued reports on JCI. Royal Bank of Canada boosted their price objective on 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. JPMorgan Chase & Co. decreased their price objective on shares of Johnson Controls International from $100.00 to $81.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Wells Fargo & Company raised their price target on shares of Johnson Controls International from $92.00 to $98.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. Barclays reduced their price objective on Johnson Controls International from $88.00 to $85.00 and set an "equal weight" rating for the company in a research report on Monday, March 10th. Finally, UBS Group upgraded shares of Johnson Controls International from a "neutral" rating to a "buy" rating and increased their price target for the stock from $90.00 to $103.00 in a research note on Monday, February 10th. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Johnson Controls International has a consensus rating of "Moderate Buy" and a consensus price target of $90.07.

Johnson Controls International Price Performance

Shares of JCI stock traded down $1.89 during mid-day trading on Wednesday, reaching $76.70. The company's stock had a trading volume of 3,346,428 shares, compared to its average volume of 4,460,273. Johnson Controls International plc has a 1-year low of $59.83 and a 1-year 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 company has a market cap of $50.63 billion, a P/E ratio of 29.27, a PEG ratio of 1.96 and a beta of 1.22. The firm's 50-day moving average is $82.00 and its two-hundred day moving average is $80.81.

Johnson Controls International (NYSE:JCI - Get Free Report) last announced its earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, topping 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%. On average, research analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders 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 dividend on an annualized basis and a yield of 1.93%. Johnson Controls International's 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.