Raymond James Financial Inc. Buys New Holdings in Johnson Controls International plc (NYSE:JCI)

Raymond James Financial Inc. bought a new stake in Johnson Controls International plc (NYSE:JCI - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 7,200,162 shares of the company's stock, valued at approximately $568,309,000. Raymond James Financial Inc. owned approximately 1.09% of Johnson Controls International at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Compass Financial Services Inc acquired a new position in Johnson Controls International during the fourth quarter valued at approximately $26,000. SBI Securities Co. Ltd. acquired a new position in shares of Johnson Controls International during the 4th quarter worth $29,000. Synergy Asset Management LLC acquired a new position in shares of Johnson Controls International during the 4th quarter worth $42,000. ST Germain D J Co. Inc. lifted its position in shares of Johnson Controls International by 32.8% during the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company's stock worth $43,000 after buying an additional 134 shares during the last quarter. Finally, Western Pacific Wealth Management LP acquired a new stake in Johnson Controls International in the third quarter valued at about $44,000. Institutional investors own 90.05% of the company's stock.

Analyst Ratings Changes

JCI has been the subject of several research analyst reports. Royal Bank of Canada boosted their target price on 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. JPMorgan Chase & Co. upped their price objective on shares of Johnson Controls International from $87.00 to $100.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. Barclays raised their target price on shares of Johnson Controls International from $75.00 to $83.00 and gave the company an "equal weight" rating in a research report on Thursday, December 5th. StockNews.com downgraded shares of Johnson Controls International from a "buy" rating to a "hold" rating in a report on Wednesday, November 20th. Finally, Melius cut 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. Eight analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $91.13.

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Insider Activity at Johnson Controls International

In related news, EVP Marlon Sullivan sold 7,230 shares of the company's stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $83.35, for a total transaction of $602,620.50. Following the sale, the executive vice president now owns 32,246 shares in the company, valued at $2,687,704.10. This represents a 18.31 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO George Oliver sold 162,894 shares of Johnson Controls International stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $89.28, for a total value of $14,543,176.32. Following the completion of the sale, the chief executive officer now owns 1,203,893 shares of the company's stock, valued at approximately $107,483,567.04. The trade was a 11.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 837,777 shares of company stock worth $72,867,455 over the last quarter. Company insiders own 0.54% of the company's stock.

Johnson Controls International Trading Down 1.2 %

Shares of JCI traded down $1.00 during mid-day trading on Friday, reaching $80.07. 5,576,720 shares of the company were exchanged, compared to its average volume of 4,634,555. The business has a 50 day simple moving average of $82.51 and a two-hundred day simple moving average of $79.48. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.86 and a current ratio of 1.02. The stock has a market capitalization of $52.86 billion, a PE ratio of 30.56, a PEG ratio of 1.96 and a beta of 1.32. Johnson Controls International plc has a 52 week low of $59.83 and a 52 week high of $91.14.

Johnson Controls International (NYSE:JCI - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, topping 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%. On average, analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

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.