Johnson Controls International plc (NYSE:JCI) Shares Purchased by Icon Wealth Advisors LLC

Icon Wealth Advisors LLC lifted its position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 387.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,645 shares of the company's stock after purchasing an additional 10,847 shares during the period. Icon Wealth Advisors LLC's holdings in Johnson Controls International were worth $1,059,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Barrow Hanley Mewhinney & Strauss LLC lifted its stake in Johnson Controls International by 686.4% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,445,418 shares of the company's stock valued at $295,487,000 after buying an additional 3,880,146 shares during the last quarter. Ceredex Value Advisors LLC acquired a new stake in Johnson Controls International during the 2nd quarter worth $73,881,000. Point72 Asset Management L.P. grew its position in Johnson Controls International by 263.9% during the 2nd quarter. Point72 Asset Management L.P. now owns 1,341,919 shares of the company's stock worth $89,197,000 after purchasing an additional 973,145 shares during the last quarter. Electron Capital Partners LLC raised its holdings in shares of Johnson Controls International by 81.3% in the second quarter. Electron Capital Partners LLC now owns 1,432,335 shares of the company's stock valued at $95,207,000 after buying an additional 642,315 shares during the last quarter. Finally, Interval Partners LP grew its holdings in shares of Johnson Controls International by 601.5% during the second quarter. Interval Partners LP now owns 676,676 shares of the company's stock worth $44,979,000 after buying an additional 580,212 shares during the last quarter. 90.05% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO George Oliver sold 224,152 shares of the firm's stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $82.72, for a total transaction of $18,541,853.44. Following the sale, the chief executive officer now directly owns 1,166,992 shares in the company, valued at approximately $96,533,578.24. This trade represents a 16.11 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Nathan D. Manning sold 3,000 shares of the business's stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $77.08, for a total transaction of $231,240.00. Following the completion of the transaction, the chief operating officer now owns 140,488 shares in the company, valued at $10,828,815.04. This represents a 2.09 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 561,095 shares of company stock valued at $44,820,037. 0.69% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

JCI has been the subject of several analyst reports. Wells Fargo & Company upped their price objective on Johnson Controls International from $84.00 to $90.00 and gave the company an "overweight" rating in a research note on Thursday, November 7th. Royal Bank of Canada lifted their price objective on shares of Johnson Controls International from $81.00 to $86.00 and gave the company a "sector perform" rating in a research report on Thursday, November 7th. Oppenheimer upped their price objective on shares of Johnson Controls International from $86.00 to $87.00 and gave the stock an "outperform" rating in a research report on Thursday, November 7th. Barclays lifted their target price on shares of Johnson Controls International from $62.00 to $64.00 and gave the company an "equal weight" rating in a report on Wednesday, October 2nd. Finally, UBS Group initiated coverage on shares of Johnson Controls International in a report on Wednesday, November 13th. They set a "neutral" rating and a $90.00 price target for the company. Twelve equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $77.21.

Johnson Controls International Trading Down 0.6 %

Johnson Controls International stock traded down $0.54 during trading on Friday, hitting $83.45. The company's stock had a trading volume of 4,360,652 shares, compared to its average volume of 4,040,099. The stock's fifty day moving average is $78.13 and its 200 day moving average is $72.38. Johnson Controls International plc has a 1-year low of $51.70 and a 1-year high of $87.16. The stock has a market capitalization of $55.26 billion, a price-to-earnings ratio of 32.85, a P/E/G ratio of 2.34 and a beta of 1.29. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 0.94.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th were issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date was Wednesday, September 25th. Johnson Controls International's payout ratio is currently 58.27%.

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.