O Shaughnessy Asset Management LLC Grows Stock Holdings in Johnson Controls International plc (NYSE:JCI)

O Shaughnessy Asset Management LLC boosted its stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 17.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 73,658 shares of the company's stock after acquiring an additional 10,879 shares during the quarter. O Shaughnessy Asset Management LLC's holdings in Johnson Controls International were worth $5,814,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in JCI. Gilbert & Cook Inc. raised its position in shares of Johnson Controls International by 2.0% in the fourth quarter. Gilbert & Cook Inc. now owns 6,458 shares of the company's stock worth $510,000 after acquiring an additional 127 shares during the period. Jackson Hole Capital Partners LLC increased its stake in shares of Johnson Controls International by 0.7% in the 4th quarter. Jackson Hole Capital Partners LLC now owns 18,621 shares of the company's stock valued at $1,470,000 after purchasing an additional 127 shares in the last quarter. Graypoint LLC raised its holdings in Johnson Controls International by 4.1% in the 4th quarter. Graypoint LLC now owns 3,277 shares of the company's stock worth $259,000 after purchasing an additional 130 shares during the period. ST Germain D J Co. Inc. raised its holdings in Johnson Controls International by 32.8% in the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company's stock worth $43,000 after purchasing an additional 134 shares during the period. Finally, Brooklyn Investment Group boosted its position in Johnson Controls International by 3.1% during the fourth quarter. Brooklyn Investment Group now owns 4,444 shares of the company's stock worth $351,000 after purchasing an additional 135 shares in the last quarter. 90.05% of the stock is owned by hedge funds and other institutional investors.

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Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Melius downgraded Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 target price for the company. in a research note on Tuesday, January 28th. UBS Group upgraded shares of Johnson Controls International from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $90.00 to $103.00 in a research report on Monday, February 10th. Royal Bank of Canada lifted their target price on shares of Johnson Controls International from $86.00 to $93.00 and gave the company a "sector perform" rating in a research report on Thursday, February 6th. Melius Research reissued 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, Argus raised shares of Johnson Controls International from a "hold" rating to a "buy" rating and set a $88.00 price target on the stock in a research note on Friday, December 20th. Eight investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, Johnson Controls International currently has a consensus rating of "Moderate Buy" and a consensus price target of $91.27.

Insider Activity at Johnson Controls International

In related news, CEO George Oliver sold 162,894 shares of the firm's stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $89.28, for a total transaction of $14,543,176.32. Following the completion of the sale, the chief executive officer now directly owns 1,203,893 shares of the company's stock, valued at approximately $107,483,567.04. This trade represents a 11.92 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Nathan D. Manning sold 1,421 shares of the company's stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $76.44, for a total transaction of $108,621.24. Following the completion of the transaction, the vice president now directly owns 148,346 shares in the company, valued at $11,339,568.24. The trade was a 0.95 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 907,286 shares of company stock worth $77,938,071. Insiders own 0.54% of the company's stock.

Johnson Controls International Price Performance

Shares of NYSE:JCI traded down $5.66 during midday trading on Thursday, hitting $77.20. The company had a trading volume of 5,782,522 shares, compared to its average volume of 4,409,369. Johnson Controls International plc has a twelve month low of $59.83 and a twelve month high of $91.14. The stock has a market cap of $50.96 billion, a price-to-earnings ratio of 29.47, a price-to-earnings-growth ratio of 1.96 and a beta of 1.32. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. The business's 50-day simple moving average is $82.83 and its 200-day simple moving average is $80.76.

Johnson Controls International (NYSE:JCI - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 EPS 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, research analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current 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 1.92%. The ex-dividend date is Monday, March 24th. Johnson Controls International's payout ratio is presently 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.