Nemes Rush Group LLC Grows Stock Position in Johnson Controls International plc (NYSE:JCI)

Nemes Rush Group LLC increased its stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 11.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 155,428 shares of the company's stock after buying an additional 16,420 shares during the quarter. Johnson Controls International accounts for 1.5% of Nemes Rush Group LLC's investment portfolio, making the stock its 19th largest holding. Nemes Rush Group LLC's holdings in Johnson Controls International were worth $12,268,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of JCI. Park Avenue Securities LLC raised its holdings in shares of Johnson Controls International by 101.5% in the fourth quarter. Park Avenue Securities LLC now owns 26,517 shares of the company's stock valued at $2,093,000 after purchasing an additional 13,360 shares during the last quarter. Certuity LLC purchased a new stake in Johnson Controls International in the 4th quarter valued at about $243,000. Y Intercept Hong Kong Ltd lifted its position in shares of Johnson Controls International by 136.8% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 91,248 shares of the company's stock worth $7,082,000 after buying an additional 52,719 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Johnson Controls International by 0.5% in the 3rd quarter. Geode Capital Management LLC now owns 13,475,260 shares of the company's stock worth $1,041,822,000 after buying an additional 71,493 shares during the last quarter. Finally, BNC Wealth Management LLC purchased a new position in shares of Johnson Controls International in the 4th quarter worth approximately $2,093,000. 90.05% of the stock is currently owned by institutional investors.

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Johnson Controls International Price Performance

JCI traded down $5.39 during trading on Friday, reaching $71.84. 5,525,427 shares of the company were exchanged, compared to its average volume of 4,419,901. Johnson Controls International plc has a 12-month low of $59.83 and a 12-month high of $91.14. The company's 50-day moving average is $82.83 and its two-hundred day moving average is $80.76. 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 company has a market cap of $47.42 billion, a price-to-earnings ratio of 27.42, a P/E/G ratio of 1.96 and a beta of 1.32.

Johnson Controls International (NYSE:JCI - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, beating 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%. Research 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 firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 24th will be given a $0.37 dividend. The ex-dividend date is Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.06%. Johnson Controls International's dividend payout ratio (DPR) is presently 56.49%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on JCI shares. Wells Fargo & Company boosted their price objective on Johnson Controls International from $92.00 to $98.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. UBS Group raised shares of Johnson Controls International from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $90.00 to $103.00 in a report on Monday, February 10th. Royal Bank of Canada raised their price objective on shares of Johnson Controls International from $86.00 to $93.00 and gave the stock a "sector perform" rating in a report on Thursday, February 6th. Argus upgraded shares of Johnson Controls International from a "hold" rating to a "buy" rating and set a $88.00 target price on the stock in a research note on Friday, December 20th. 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 note on Thursday, February 6th. Eight equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, Johnson Controls International has a consensus rating of "Moderate Buy" and an average price target of $91.27.

Insider Activity at Johnson Controls International

In other news, VP Nathan D. Manning sold 1,421 shares of the firm's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $76.44, for a total transaction of $108,621.24. Following the sale, the vice president now owns 148,346 shares in the company, valued at approximately $11,339,568.24. This trade represents a 0.95 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO George Oliver sold 205,168 shares of the company's stock in a transaction on 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 completion of the transaction, the chief executive officer now owns 1,260,527 shares of the company's stock, valued at $110,964,191.81. This trade represents a 14.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 907,286 shares of company stock valued at $77,938,071. Company insiders own 0.54% of the company's stock.

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.