Johnson Controls International plc (NYSE:JCI) Stake Lifted by Perigon Wealth Management LLC

Perigon Wealth Management LLC lifted its holdings in Johnson Controls International plc (NYSE:JCI - Free Report) by 419.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,251 shares of the company's stock after purchasing an additional 15,547 shares during the period. Perigon Wealth Management LLC's holdings in Johnson Controls International were worth $1,549,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in the business. Foundations Investment Advisors LLC acquired a new position in shares of Johnson Controls International during the fourth quarter valued at approximately $201,000. Pacer Advisors Inc. lifted its holdings in Johnson Controls International by 14.4% in the 4th quarter. Pacer Advisors Inc. now owns 70,532 shares of the company's stock valued at $5,567,000 after purchasing an additional 8,860 shares in the last quarter. Blue Trust Inc. boosted its stake in Johnson Controls International by 14.4% during the 4th quarter. Blue Trust Inc. now owns 10,150 shares of the company's stock worth $788,000 after purchasing an additional 1,275 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new stake in shares of Johnson Controls International during the fourth quarter worth $1,402,000. Finally, Harrell Investment Partners LLC lifted its stake in shares of Johnson Controls International by 10.3% in the fourth quarter. Harrell Investment Partners LLC now owns 46,107 shares of the company's stock worth $3,639,000 after buying an additional 4,301 shares in the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

Johnson Controls International Stock Performance

NYSE:JCI traded up $1.88 during trading hours on Thursday, reaching $78.16. 5,231,042 shares of the stock were exchanged, compared to its average volume of 3,951,644. The stock has a market capitalization of $51.60 billion, a P/E ratio of 30.77, a P/E/G ratio of 2.35 and a beta of 1.32. The firm has a 50 day simple moving average of $81.20 and a 200-day simple moving average of $76.44. 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 52 week low of $52.02 and a 52 week high of $87.16.

Johnson Controls International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.37 per share. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.48 annualized dividend and a yield of 1.89%. Johnson Controls International's payout ratio is 58.27%.

Wall Street Analyst Weigh In

JCI has been the subject of a number of recent research reports. Barclays raised their target price on Johnson Controls International from $75.00 to $83.00 and gave the stock an "equal weight" rating in a research note on Thursday, December 5th. Melius Research reissued a "hold" rating and issued a $95.00 price target on shares of Johnson Controls International in a research note on Tuesday. Citigroup reduced their price target on shares of Johnson Controls International from $85.00 to $84.00 and set a "neutral" rating on the stock in a research report on Monday, January 13th. Oppenheimer increased their price objective on Johnson Controls International from $86.00 to $87.00 and gave the stock an "outperform" rating in a research report on Thursday, November 7th. Finally, Mizuho boosted their price target on shares of Johnson Controls International from $62.00 to $75.00 and gave the company a "neutral" rating in a research note on Thursday, October 17th. Eleven equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $84.00.

Insider Buying and Selling at Johnson Controls International

In related news, EVP Marlon Sullivan sold 7,230 shares of the firm's stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $83.35, for a total value of $602,620.50. Following the sale, the executive vice president now owns 32,246 shares of the company's stock, valued at approximately $2,687,704.10. This trade represents a 18.31 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO George Oliver sold 224,152 shares of the company's stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $82.72, for a total value of $18,541,853.44. Following the transaction, the chief executive officer now owns 1,166,992 shares of the company's stock, valued at approximately $96,533,578.24. The trade was a 16.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 647,787 shares of company stock worth $53,972,452 over the last 90 days. Insiders own 0.69% of the company's stock.

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.