Sanctuary Advisors LLC Sells 25,902 Shares of Johnson Controls International plc (NYSE:JCI)

Sanctuary Advisors LLC decreased its position in Johnson Controls International plc (NYSE:JCI - Free Report) by 21.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 96,277 shares of the company's stock after selling 25,902 shares during the period. Sanctuary Advisors LLC's holdings in Johnson Controls International were worth $7,530,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. State Street Corp raised its stake in Johnson Controls International by 1.1% during the 3rd quarter. State Street Corp now owns 27,939,766 shares of the company's stock valued at $2,178,595,000 after acquiring an additional 300,712 shares in the last quarter. Fisher Asset Management LLC increased its holdings 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 valued at $1,187,084,000 after purchasing an additional 509,293 shares during the period. Geode Capital Management LLC raised its stake in shares of Johnson Controls International by 0.5% during the third quarter. Geode Capital Management LLC now owns 13,475,260 shares of the company's stock valued at $1,041,822,000 after purchasing an additional 71,493 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Johnson Controls International by 514.9% in 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 purchasing an additional 4,514,792 shares during the period. Finally, abrdn plc lifted its holdings in Johnson Controls International by 6.1% in the third quarter. abrdn plc now owns 1,974,268 shares of the company's stock worth $152,157,000 after purchasing an additional 112,955 shares during the period. Institutional investors and hedge funds own 90.05% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on JCI shares. StockNews.com downgraded Johnson Controls International from a "buy" rating to a "hold" rating in a research report on Wednesday, November 20th. Argus upgraded Johnson Controls International from a "hold" rating to a "buy" rating and set a $88.00 price objective for the company in a report on Friday, December 20th. Royal Bank of Canada lifted their target price on Johnson Controls International from $86.00 to $93.00 and gave the stock a "sector perform" rating in a report on Thursday, February 6th. Melius Research reissued a "hold" rating and issued a $95.00 price target on shares of Johnson Controls International in a report on Tuesday, January 28th. Finally, Barclays lifted their price objective on shares of Johnson Controls International from $75.00 to $83.00 and gave the stock an "equal weight" rating in a research note on Thursday, December 5th. Eight investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, Johnson Controls International has an average rating of "Moderate Buy" and an average target price of $91.13.

Johnson Controls International Stock Down 4.7 %

Shares of JCI traded down $4.19 during mid-day trading on Friday, reaching $84.64. The company's stock had a trading volume of 2,415,098 shares, compared to its average volume of 4,435,872. Johnson Controls International plc has a 1 year low of $57.78 and a 1 year high of $91.14. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. The company has a market cap of $55.87 billion, a price-to-earnings ratio of 32.31, a price-to-earnings-growth ratio of 1.99 and a beta of 1.32. The business has a fifty day moving average of $82.01 and a 200 day moving average of $78.25.

Johnson Controls International (NYSE:JCI - Get Free Report) last announced its quarterly earnings data 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 return on equity of 15.11% and a net margin of 6.83%. As a group, analysts forecast that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were paid a $0.37 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a yield of 1.75%. Johnson Controls International's dividend payout ratio (DPR) is currently 56.49%.

Insiders Place Their Bets

In other Johnson Controls International news, VP Nathan D. Manning sold 1,421 shares of the business's stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $76.44, for a total value of $108,621.24. Following the completion of the sale, the vice president now directly owns 148,346 shares of the company's stock, valued at $11,339,568.24. The trade was a 0.95 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO George Oliver sold 124,497 shares of the firm's stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $82.67, for a total transaction of $10,292,166.99. Following the transaction, the chief executive officer now owns 1,267,716 shares in the company, valued at $104,802,081.72. This represents a 8.94 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 719,004 shares of company stock valued at $62,950,067 in the last three months. Insiders own 0.54% of the company's stock.

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.