Roffman Miller Associates Inc. PA Sells 7,878 Shares of Johnson Controls International plc (NYSE:JCI)

Roffman Miller Associates Inc. PA lowered its stake in Johnson Controls International plc (NYSE:JCI - Free Report) by 2.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 335,322 shares of the company's stock after selling 7,878 shares during the quarter. Johnson Controls International comprises about 1.6% of Roffman Miller Associates Inc. PA's portfolio, making the stock its 25th biggest holding. Roffman Miller Associates Inc. PA owned about 0.05% of Johnson Controls International worth $26,024,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of JCI. State Street Corp increased its stake in Johnson Controls International by 1.1% during the third quarter. State Street Corp now owns 27,939,766 shares of the company's stock worth $2,178,595,000 after purchasing an additional 300,712 shares during the period. Fisher Asset Management LLC increased its stake in shares of Johnson Controls International by 3.4% during the third quarter. Fisher Asset Management LLC now owns 15,295,506 shares of the company's stock worth $1,187,084,000 after acquiring an additional 509,293 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Johnson Controls International by 8.9% in the second quarter. Dimensional Fund Advisors LP now owns 5,855,075 shares of the company's stock valued at $389,214,000 after buying an additional 479,548 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Johnson Controls International by 514.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company's stock worth $418,439,000 after acquiring an additional 4,514,792 shares during the last quarter. Finally, Raymond James & Associates lifted its stake in Johnson Controls International by 5.6% in the 3rd quarter. Raymond James & Associates now owns 4,735,147 shares of the company's stock valued at $367,495,000 after buying an additional 249,405 shares in the last quarter. Hedge funds and other institutional investors own 90.05% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Wells Fargo & Company raised their target price on shares of Johnson Controls International from $84.00 to $90.00 and gave the company an "overweight" rating in a research note on Thursday, November 7th. Morgan Stanley assumed coverage on shares of Johnson Controls International in a research report on Friday, September 6th. They issued an "overweight" rating and a $85.00 price objective on the stock. Robert W. Baird boosted their target price on shares of Johnson Controls International from $80.00 to $85.00 and gave the stock a "neutral" rating in a report on Thursday, November 7th. Bank of America lifted their price target 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. Finally, Royal Bank of Canada boosted their target price on Johnson Controls International from $81.00 to $86.00 and gave the stock a "sector perform" rating in a research report on Thursday, November 7th. Twelve investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $78.57.

Insider Buying and Selling

In other Johnson Controls International news, CEO George Oliver sold 170,430 shares of the firm's stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $83.70, for a total value of $14,264,991.00. Following the completion of the transaction, the chief executive officer now owns 1,166,992 shares in the company, valued at $97,677,230.40. This trade represents a 12.74 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Nathan D. Manning sold 3,000 shares of the business's stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $77.08, for a total transaction 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 disclosure for this sale can be found here. Insiders have sold 740,662 shares of company stock worth $59,869,133 in the last quarter. Insiders own 0.69% of the company's stock.

Johnson Controls International Trading Down 0.3 %

JCI traded down $0.22 during trading on Monday, reaching $84.12. 1,764,004 shares of the stock traded hands, compared to its average volume of 4,824,654. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.46. The stock's 50-day moving average is $79.91 and its 200 day moving average is $73.54. Johnson Controls International plc has a 12 month low of $51.70 and a 12 month high of $87.16. The stock has a market capitalization of $55.70 billion, a PE ratio of 33.20, a P/E/G ratio of 2.35 and a beta of 1.31.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Monday, December 23rd will be given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.76%. The ex-dividend date is Monday, December 23rd. Johnson Controls International's payout ratio is presently 58.27%.

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.