Corient Private Wealth LLC Sells 47,228 Shares of Johnson Controls International plc (NYSE:JCI)

Corient Private Wealth LLC trimmed its position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 11.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 374,079 shares of the company's stock after selling 47,228 shares during the period. Corient Private Wealth LLC owned about 0.06% of Johnson Controls International worth $29,526,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Compass Financial Services Inc purchased a new position in Johnson Controls International during the 4th quarter valued at about $26,000. SBI Securities Co. Ltd. bought a new stake in shares of Johnson Controls International in the 4th quarter worth approximately $29,000. Synergy Asset Management LLC purchased a new position in shares of Johnson Controls International during the fourth quarter valued at approximately $42,000. ST Germain D J Co. Inc. raised its holdings in shares of Johnson Controls International by 32.8% during the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company's stock valued at $43,000 after acquiring an additional 134 shares in the last quarter. Finally, Gables Capital Management Inc. raised its holdings in shares of Johnson Controls International by 132.0% during the fourth quarter. Gables Capital Management Inc. now owns 580 shares of the company's stock valued at $46,000 after acquiring an additional 330 shares in the last quarter. 90.05% of the stock is owned by institutional investors.

Insider Activity at Johnson Controls International

In other news, VP Nathan D. Manning sold 1,421 shares of the business's stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $76.44, for a total value of $108,621.24. Following the completion of the transaction, the vice president now owns 148,346 shares in the company, valued at $11,339,568.24. The trade was a 0.95 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Daniel C. Mcconeghy sold 1,950 shares of the company's stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $87.73, for a total value of $171,073.50. Following the transaction, the vice president now directly owns 24,803 shares in the company, valued at approximately $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 three months, insiders have sold 905,864 shares of company stock valued at $77,824,710. 0.54% of the stock is owned by corporate insiders.

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Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Wells Fargo & Company boosted their price objective on shares of Johnson Controls International from $92.00 to $98.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Citigroup cut their target price on shares of Johnson Controls International from $85.00 to $84.00 and set a "neutral" rating on the stock in a research note on Monday, January 13th. Royal Bank of Canada increased their price target on shares of Johnson Controls International from $86.00 to $93.00 and gave the stock a "sector perform" rating in a research note on Thursday, February 6th. Morgan Stanley lifted their price objective on Johnson Controls International from $95.00 to $105.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Finally, UBS Group upgraded Johnson Controls International from a "neutral" rating to a "buy" rating and upped their target price for the stock from $90.00 to $103.00 in a report on Monday, February 10th. Eight equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, Johnson Controls International currently has a consensus rating of "Moderate Buy" and an average price target of $91.27.

Johnson Controls International Stock Down 0.6 %

Shares of NYSE JCI traded down $0.51 during trading on Friday, reaching $82.64. The company had a trading volume of 6,990,691 shares, compared to its average volume of 4,182,810. Johnson Controls International plc has a 12-month low of $59.83 and a 12-month high of $91.14. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. The business's 50-day moving average is $82.62 and its 200 day moving average is $79.97. The stock has a market cap of $54.55 billion, a PE ratio of 31.54, a P/E/G ratio of 1.96 and a beta of 1.32.

Johnson Controls International (NYSE:JCI - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. As a group, equities analysts forecast that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 24th will be issued 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 1.79%. Johnson Controls International's payout ratio is currently 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.