Johnson Controls International plc (NYSE:JCI) Shares Acquired by Raymond James Trust N.A.

Raymond James Trust N.A. grew its holdings in Johnson Controls International plc (NYSE:JCI - Free Report) by 20.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,296 shares of the company's stock after acquiring an additional 8,538 shares during the period. Raymond James Trust N.A.'s holdings in Johnson Controls International were worth $3,981,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. L & S Advisors Inc purchased a new stake in shares of Johnson Controls International in the third quarter worth about $4,350,000. Landscape Capital Management L.L.C. raised its holdings in shares of Johnson Controls International by 89.5% during the 3rd quarter. Landscape Capital Management L.L.C. now owns 19,969 shares of the company's stock worth $1,550,000 after acquiring an additional 9,429 shares in the last quarter. Cornerstone Advisors LLC boosted its position in shares of Johnson Controls International by 4.0% during the 3rd quarter. Cornerstone Advisors LLC now owns 23,600 shares of the company's stock valued at $1,832,000 after acquiring an additional 900 shares during the last quarter. Citizens Financial Group Inc. RI purchased a new position in shares of Johnson Controls International in the third quarter valued at $219,000. Finally, Glaxis Capital Management LLC bought a new stake in Johnson Controls International in the third quarter worth $893,000. Institutional investors own 90.05% of the company's stock.

Johnson Controls International Stock Performance

Shares of JCI stock traded down $0.54 on Friday, hitting $83.45. The company had a trading volume of 4,360,652 shares, compared to its average volume of 4,040,099. The firm has a market cap of $55.26 billion, a P/E ratio of 32.85, a price-to-earnings-growth ratio of 2.34 and a beta of 1.29. Johnson Controls International plc has a twelve month low of $51.70 and a twelve month high of $87.16. The company has a 50-day moving average price of $78.13 and a 200-day moving average price of $72.38. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.46.

Johnson Controls International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th were paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.77%. The ex-dividend date was Wednesday, September 25th. Johnson Controls International's payout ratio is currently 58.27%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on JCI. Barclays increased their price target on shares of Johnson Controls International from $62.00 to $64.00 and gave the company an "equal weight" rating in a report on Wednesday, October 2nd. The Goldman Sachs Group lifted their target price on Johnson Controls International from $73.00 to $81.00 and gave the stock a "buy" rating in a report on Friday, August 2nd. Royal Bank of Canada increased their price target on Johnson Controls International from $81.00 to $86.00 and gave the company a "sector perform" rating in a report on Thursday, November 7th. Robert W. Baird lifted their price objective on shares of Johnson Controls International from $80.00 to $85.00 and gave the stock a "neutral" rating in a research note on Thursday, November 7th. Finally, Oppenheimer increased their target price on shares of Johnson Controls International from $86.00 to $87.00 and gave the company an "outperform" rating in a research note on Thursday, November 7th. Twelve investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $77.21.

Insider Activity

In related news, COO Nathan D. Manning sold 3,000 shares of the stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $77.08, for a total value of $231,240.00. Following the completion of the transaction, the chief operating officer now directly owns 140,488 shares of the company's stock, valued at approximately $10,828,815.04. This represents a 2.09 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO George Oliver sold 224,152 shares of the firm's stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $82.72, for a total value of $18,541,853.44. Following the completion of the transaction, the chief executive officer now owns 1,166,992 shares in the company, valued at $96,533,578.24. The trade was a 16.11 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 561,095 shares of company stock worth $44,820,037 in the last ninety days. Company insiders own 0.69% of the company's stock.

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.