Johnson Controls International plc (NYSE:JCI) Shares Purchased by State Street Corp

State Street Corp boosted its holdings in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 1.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,939,766 shares of the company's stock after buying an additional 300,712 shares during the quarter. State Street Corp owned approximately 4.18% of Johnson Controls International worth $2,178,595,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of JCI. Metis Global Partners LLC grew its holdings in Johnson Controls International by 0.4% in the third quarter. Metis Global Partners LLC now owns 28,446 shares of the company's stock worth $2,208,000 after purchasing an additional 127 shares during the last quarter. Brooklyn Investment Group increased its stake in Johnson Controls International by 3.5% during the 3rd quarter. Brooklyn Investment Group now owns 4,309 shares of the company's stock valued at $334,000 after purchasing an additional 144 shares in the last quarter. Summit Trail Advisors LLC boosted its position in Johnson Controls International by 4.6% in the second quarter. Summit Trail Advisors LLC now owns 3,715 shares of the company's stock valued at $248,000 after buying an additional 163 shares during the last quarter. Miracle Mile Advisors LLC increased its holdings in shares of Johnson Controls International by 1.0% during the 3rd quarter. Miracle Mile Advisors LLC now owns 17,011 shares of the company's stock valued at $1,320,000 after purchasing an additional 163 shares in the last quarter. Finally, Berry Wealth Group LP lifted its stake in shares of Johnson Controls International by 0.7% in the 3rd quarter. Berry Wealth Group LP now owns 25,978 shares of the company's stock valued at $2,016,000 after purchasing an additional 177 shares during the period. 90.05% of the stock is owned by hedge funds and other institutional investors.

Johnson Controls International Trading Up 0.3 %

Shares of JCI stock traded up $0.29 on Friday, hitting $83.38. 970,372 shares of the stock traded hands, compared to its average volume of 4,824,020. The firm's 50-day moving average price is $79.77 and its two-hundred day moving average price is $73.44. Johnson Controls International plc has a twelve month low of $51.70 and a twelve month high of $87.16. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 0.94. The stock has a market capitalization of $55.21 billion, a PE ratio of 33.08, a PEG ratio of 2.30 and a beta of 1.31.

Johnson Controls International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Monday, December 23rd will be given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.78%. Johnson Controls International's payout ratio is currently 58.27%.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, CEO George Oliver sold 110,616 shares of the company's stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $84.60, for a total value of $9,358,113.60. Following the transaction, the chief executive officer now owns 1,244,617 shares of the company's stock, valued at $105,294,598.20. This represents a 8.16 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, COO Nathan D. Manning sold 3,000 shares of the stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $77.08, for a total transaction of $231,240.00. Following the sale, the chief operating officer now directly owns 140,488 shares in the company, valued at $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 valued at $59,869,133 over the last 90 days. 0.69% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities analysts recently issued reports on JCI shares. Royal Bank of Canada boosted their target price on shares of Johnson Controls International from $81.00 to $86.00 and gave the company a "sector perform" rating in a research note on Thursday, November 7th. Wells Fargo & Company boosted 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. Barclays boosted their price target on shares of Johnson Controls International from $75.00 to $83.00 and gave the stock an "equal weight" rating in a report on Thursday. Morgan Stanley initiated coverage on shares of Johnson Controls International in a report on Friday, September 6th. They issued an "overweight" rating and a $85.00 price target for the company. Finally, Mizuho upped their target price on shares of Johnson Controls International from $62.00 to $75.00 and gave the stock a "neutral" rating in a report on Thursday, October 17th. Twelve equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $78.57.

About Johnson Controls International

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.