Mirova US LLC Purchases Shares of 10,631 Johnson Controls International plc (NYSE:JCI)

Mirova US LLC purchased a new position in Johnson Controls International plc (NYSE:JCI - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 10,631 shares of the company's stock, valued at approximately $839,000.

A number of other institutional investors have also recently bought and sold shares of the stock. State Street Corp grew its stake in Johnson Controls International by 1.1% during the 3rd quarter. State Street Corp now owns 27,939,766 shares of the company's stock valued at $2,178,595,000 after acquiring an additional 300,712 shares in the last quarter. Fisher Asset Management LLC lifted its holdings in shares of Johnson Controls International by 2.9% during the fourth quarter. Fisher Asset Management LLC now owns 15,743,019 shares of the company's stock worth $1,242,597,000 after buying an additional 447,513 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of 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 purchasing an additional 71,493 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Johnson Controls International in the fourth quarter valued at $568,309,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Johnson Controls International by 514.9% in 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 valued at $418,439,000 after acquiring an additional 4,514,792 shares during the period. Hedge funds and other institutional investors own 90.05% of the company's stock.

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Insider Activity at Johnson Controls International

In related news, VP Daniel C. Mcconeghy sold 1,950 shares of the business's stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $87.73, for a total value of $171,073.50. Following the sale, the vice president now owns 24,803 shares in the company, valued at approximately $2,175,967.19. The trade was a 7.29 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Nathan D. Manning sold 1,421 shares of the stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $76.44, for a total value of $108,621.24. Following the completion of the sale, the vice president now directly owns 148,346 shares in the company, valued at $11,339,568.24. This represents a 0.95 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 905,864 shares of company stock valued at $77,824,710 over the last quarter. 0.54% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have recently issued reports on JCI. JPMorgan Chase & Co. upped their price target on Johnson Controls International from $87.00 to $100.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Melius downgraded Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price target for the company. in a research note on Tuesday, January 28th. Royal Bank of Canada raised their price target on Johnson Controls International from $86.00 to $93.00 and gave the company a "sector perform" rating in a research note on Thursday, February 6th. Melius Research reiterated a "hold" rating and set a $95.00 target price on shares of Johnson Controls International in a research note on Tuesday, January 28th. Finally, UBS Group raised Johnson Controls International from a "neutral" rating to a "buy" rating and lifted their price target 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 MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $91.27.

Johnson Controls International Stock Performance

Shares of NYSE JCI traded down $0.51 during midday trading on Friday, hitting $82.64. 6,990,704 shares of the stock traded hands, compared to its average volume of 4,179,319. The firm has a 50-day moving average of $82.70 and a two-hundred day moving average of $80.04. The firm has a market capitalization of $54.55 billion, a P/E ratio of 31.54, a PEG ratio of 1.96 and a beta of 1.32. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.86 and a current ratio of 1.02. Johnson Controls International plc has a one year low of $59.83 and a one year high of $91.14.

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

Johnson Controls International Dividend Announcement

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 paid a dividend of $0.37 per share. The ex-dividend date is Monday, March 24th. This represents a $1.48 annualized dividend and a dividend yield of 1.79%. Johnson Controls International's dividend payout ratio is currently 56.49%.

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.