Johnson Controls International plc (NYSE:JCI) Position Increased by Inspire Trust Co. N.A.

Inspire Trust Co. N.A. grew its position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 34.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 62,000 shares of the company's stock after acquiring an additional 16,000 shares during the quarter. Johnson Controls International comprises 1.3% of Inspire Trust Co. N.A.'s portfolio, making the stock its 20th biggest position. Inspire Trust Co. N.A.'s holdings in Johnson Controls International were worth $4,812,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of JCI. Fortitude Family Office LLC boosted its holdings in Johnson Controls International by 195.8% in the 3rd quarter. Fortitude Family Office LLC now owns 420 shares of the company's stock worth $33,000 after acquiring an additional 278 shares during the period. Continuum Advisory LLC boosted its stake in shares of Johnson Controls International by 65.2% in the second quarter. Continuum Advisory LLC now owns 527 shares of the company's stock valued at $35,000 after purchasing an additional 208 shares during the period. Wolff Wiese Magana LLC grew its holdings in Johnson Controls International by 977.3% during the 3rd quarter. Wolff Wiese Magana LLC now owns 474 shares of the company's stock valued at $37,000 after purchasing an additional 430 shares in the last quarter. Western Pacific Wealth Management LP purchased a new stake in Johnson Controls International during the 3rd quarter worth $44,000. Finally, Family Firm Inc. acquired a new position in Johnson Controls International in the 2nd quarter worth $48,000. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on JCI. UBS Group started coverage on Johnson Controls International in a research note on Wednesday, November 13th. They set a "neutral" rating and a $90.00 target price for the company. Bank of America lifted their price objective on Johnson Controls International from $80.00 to $95.00 and gave the stock a "buy" rating in a report on Friday, September 27th. Wells Fargo & Company increased their target price 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. Robert W. Baird lifted their price target on shares of Johnson Controls International from $80.00 to $85.00 and gave the stock a "neutral" rating in a research note on Thursday, November 7th. Finally, Oppenheimer increased 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 note on Thursday, November 7th. Twelve investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $78.57.

Johnson Controls International Stock Performance

JCI stock traded down $0.70 during mid-day trading on Friday, reaching $82.63. The company had a trading volume of 2,338,073 shares, compared to its average volume of 4,800,241. The stock's 50-day simple moving average is $80.46 and its two-hundred day simple moving average is $73.82. The stock has a market capitalization of $54.72 billion, a P/E ratio of 32.81, a P/E/G ratio of 2.35 and a beta of 1.31. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.46. Johnson Controls International plc has a one year low of $51.71 and a one year high of $87.16.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Monday, December 23rd will be given a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.79%. The ex-dividend date of this dividend is Monday, December 23rd. Johnson Controls International's dividend payout ratio (DPR) is 58.27%.

Insider Buying and Selling at Johnson Controls International

In other news, CEO George Oliver sold 110,615 shares of Johnson Controls International stock in a transaction on Monday, September 16th. The stock was sold at an average price of $72.67, for a total transaction of $8,038,392.05. Following the transaction, the chief executive officer now directly owns 1,243,751 shares in the company, valued at approximately $90,383,385.17. This trade represents a 8.17 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 value of $231,240.00. Following the completion of the sale, the chief operating officer now directly 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. Over the last 90 days, insiders have sold 872,389 shares of company stock worth $70,763,920. 0.69% of the stock is owned by company insiders.

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.