QRG Capital Management Inc. Buys 20,184 Shares of Johnson Controls International plc (NYSE:JCI)

QRG Capital Management Inc. grew its position in Johnson Controls International plc (NYSE:JCI - Free Report) by 18.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 131,481 shares of the company's stock after acquiring an additional 20,184 shares during the quarter. QRG Capital Management Inc.'s holdings in Johnson Controls International were worth $10,204,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Fortitude Family Office LLC lifted its holdings in Johnson Controls International by 195.8% in the third quarter. Fortitude Family Office LLC now owns 420 shares of the company's stock worth $33,000 after acquiring an additional 278 shares during the last quarter. Wolff Wiese Magana LLC lifted its holdings in shares of Johnson Controls International by 977.3% in the 3rd quarter. Wolff Wiese Magana LLC now owns 474 shares of the company's stock worth $37,000 after purchasing an additional 430 shares during the last quarter. Continuum Advisory LLC lifted its holdings in shares of Johnson Controls International by 65.2% in the 2nd quarter. Continuum Advisory LLC now owns 527 shares of the company's stock worth $35,000 after purchasing an additional 208 shares during the last quarter. Friedenthal Financial acquired a new position in Johnson Controls International during the 2nd quarter valued at approximately $47,000. Finally, Hexagon Capital Partners LLC grew its stake in Johnson Controls International by 39.7% during the 2nd quarter. Hexagon Capital Partners LLC now owns 711 shares of the company's stock worth $47,000 after buying an additional 202 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on JCI shares. Oppenheimer boosted their price target on shares of Johnson Controls International from $79.00 to $86.00 and gave the company an "outperform" rating in a report on Wednesday, October 2nd. Bank of America upped their target price on shares of Johnson Controls International from $80.00 to $95.00 and gave the stock a "buy" rating in a research report on Friday, September 27th. StockNews.com upgraded Johnson Controls International from a "hold" rating to a "buy" rating in a research report on Monday. Mizuho raised their target price on Johnson Controls International from $62.00 to $75.00 and gave the company a "neutral" rating in a research report on Thursday, October 17th. Finally, The Goldman Sachs Group boosted their price target on Johnson Controls International from $73.00 to $81.00 and gave the stock a "buy" rating in a research report on Friday, August 2nd. Eleven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, Johnson Controls International presently has a consensus rating of "Hold" and a consensus target price of $73.43.

Johnson Controls International Stock Performance

Shares of JCI opened at $74.23 on Tuesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.96 and a quick ratio of 0.73. The firm's 50 day moving average is $74.59 and its 200-day moving average is $70.56. Johnson Controls International plc has a 12-month low of $50.00 and a 12-month high of $78.23. The stock has a market capitalization of $49.59 billion, a P/E ratio of 31.06, a P/E/G ratio of 2.16 and a beta of 1.29.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Wednesday, September 25th were given a $0.37 dividend. The ex-dividend date of this dividend was Wednesday, September 25th. This represents a $1.48 annualized dividend and a yield of 1.99%. Johnson Controls International's dividend payout ratio (DPR) is 61.92%.

Insider Buying and Selling at Johnson Controls International

In related news, CEO George Oliver sold 110,615 shares of Johnson Controls International stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $76.79, for a total value of $8,494,125.85. Following the transaction, the chief executive officer now directly owns 1,243,751 shares in the company, valued at $95,507,639.29. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. In related news, COO Nathan D. Manning sold 3,000 shares of the company's stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $77.08, for a total value of $231,240.00. Following the completion of the sale, the chief operating officer now owns 140,488 shares in the company, valued at approximately $10,828,815.04. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO George Oliver sold 110,615 shares of Johnson Controls International stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $76.79, for a total transaction of $8,494,125.85. Following the transaction, the chief executive officer now owns 1,243,751 shares in the company, valued at approximately $95,507,639.29. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 226,141 shares of company stock valued at $16,904,519. Corporate insiders own 0.69% 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.