Mizuho Securities USA LLC Has $5 Million Stock Holdings in Johnson Controls International plc (NYSE:JCI)

Mizuho Securities USA LLC raised its stake in Johnson Controls International plc (NYSE:JCI - Free Report) by 46.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,313 shares of the company's stock after purchasing an additional 19,996 shares during the quarter. Mizuho Securities USA LLC's holdings in Johnson Controls International were worth $4,997,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. State Street Corp grew its stake in shares of Johnson Controls International by 1.1% in the third quarter. State Street Corp now owns 27,939,766 shares of the company's stock valued at $2,178,595,000 after buying an additional 300,712 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in Johnson Controls International by 2.9% in the 4th quarter. Fisher Asset Management LLC now owns 15,743,019 shares of the company's stock worth $1,242,597,000 after acquiring an additional 447,513 shares during the period. Geode Capital Management LLC grew its position in Johnson Controls International by 0.5% in the third quarter. Geode Capital Management LLC now owns 13,475,260 shares of the company's stock valued at $1,041,822,000 after acquiring an additional 71,493 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Johnson Controls International during the fourth quarter valued at approximately $568,309,000. Finally, 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 in the last quarter. Institutional investors and hedge funds own 90.05% of the company's stock.

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Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Citigroup lowered 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. UBS Group upgraded Johnson Controls International from a "neutral" rating to a "buy" rating and raised their target price for the company from $90.00 to $103.00 in a research note on Monday, February 10th. Melius cut Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price target on the stock. in a research note on Tuesday, January 28th. JPMorgan Chase & Co. upped their target price on Johnson Controls International from $87.00 to $100.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Finally, Morgan Stanley raised their price target on shares of Johnson Controls International from $95.00 to $105.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. Eight analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $91.27.

Insider Transactions at Johnson Controls International

In related news, CEO George Oliver sold 205,168 shares of Johnson Controls International stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $88.03, for a total transaction of $18,060,939.04. Following the transaction, the chief executive officer now directly owns 1,260,527 shares of the company's stock, valued at $110,964,191.81. The trade was a 14.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Daniel C. Mcconeghy sold 1,950 shares of the company's stock in a transaction dated Thursday, February 6th. The shares were 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. In the last 90 days, insiders have sold 905,864 shares of company stock valued at $77,824,710. Corporate insiders own 0.54% of the company's stock.

Johnson Controls International Stock Performance

Shares of NYSE JCI traded down $0.25 during midday trading on Tuesday, reaching $84.27. 2,412,294 shares of the company traded hands, compared to its average volume of 4,179,907. The company has a market cap of $55.63 billion, a price-to-earnings ratio of 32.16, a PEG ratio of 1.96 and a beta of 1.32. The stock has a 50-day moving average price of $82.80 and a 200 day moving average price of $80.28. Johnson Controls International plc has a 52 week low of $59.83 and a 52 week high of $91.14. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86.

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 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%. Sell-side analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The company 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 dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.76%. The ex-dividend date is Monday, March 24th. Johnson Controls International's dividend payout ratio (DPR) is presently 56.49%.

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.