Sanctuary Advisors LLC raised its stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 17.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 122,179 shares of the company's stock after purchasing an additional 18,452 shares during the period. Sanctuary Advisors LLC's holdings in Johnson Controls International were worth $10,196,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC boosted its holdings in Johnson Controls International by 9.7% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 51,878 shares of the company's stock valued at $3,448,000 after acquiring an additional 4,601 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of Johnson Controls International by 111.8% in the 2nd quarter. Blue Trust Inc. now owns 9,139 shares of the company's stock valued at $597,000 after purchasing an additional 4,825 shares in the last quarter. Raymond James & Associates grew its holdings in shares of Johnson Controls International by 7.0% during the 2nd quarter. Raymond James & Associates now owns 4,485,742 shares of the company's stock worth $298,167,000 after purchasing an additional 292,044 shares during the period. MONECO Advisors LLC acquired a new stake in Johnson Controls International during the 2nd quarter worth approximately $213,000. Finally, Nisa Investment Advisors LLC increased its position in Johnson Controls International by 1.6% during the 2nd quarter. Nisa Investment Advisors LLC now owns 119,626 shares of the company's stock worth $7,996,000 after purchasing an additional 1,940 shares in the last quarter. Hedge funds and other institutional investors own 90.05% of the company's stock.
Insider Buying and Selling at Johnson Controls International
In other Johnson Controls International news, CEO George Oliver sold 110,615 shares of the firm's stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $72.67, for a total value of $8,038,392.05. Following the transaction, the chief executive officer now owns 1,243,751 shares of the company's stock, valued at $90,383,385.17. This trade represents a 8.17 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, 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 transaction, the chief operating officer now directly owns 140,488 shares of the company's stock, valued at $10,828,815.04. This trade represents a 2.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 872,389 shares of company stock worth $70,763,920 over the last quarter. 0.69% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on the stock. Royal Bank of Canada boosted their price objective on shares of Johnson Controls International from $81.00 to $86.00 and gave the stock a "sector perform" rating in a research note on Thursday, November 7th. Oppenheimer upped their price target on shares of Johnson Controls International from $86.00 to $87.00 and gave the stock an "outperform" rating in a research report on Thursday, November 7th. UBS Group started coverage on Johnson Controls International in a research report on Wednesday, November 13th. They issued a "neutral" rating and a $90.00 price objective on the stock. Robert W. Baird boosted their price objective on 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, Bank of America increased their target price on Johnson Controls International from $80.00 to $95.00 and gave the company a "buy" rating in a research note on Friday, September 27th. Eleven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $80.38.
View Our Latest Research Report on JCI
Johnson Controls International Stock Down 0.8 %
Shares of JCI traded down $0.70 during midday trading on Friday, hitting $82.63. The company had a trading volume of 2,354,216 shares, compared to its average volume of 4,800,241. The stock has a market cap of $54.72 billion, a price-to-earnings ratio of 32.53, a PEG ratio of 2.35 and a beta of 1.31. The company's 50 day moving average price is $80.60 and its 200 day moving average price is $73.88. 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 plc has a 52 week low of $51.71 and a 52 week high of $87.16.
Johnson Controls International Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Monday, December 23rd will be paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 1.79%. The ex-dividend date is Monday, December 23rd. Johnson Controls International's payout ratio is currently 58.27%.
Johnson Controls International Profile
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Free Report)
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.
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