Stifel Financial Corp Has $29.82 Million Stock Holdings in Johnson Controls International plc (NYSE:JCI)

Stifel Financial Corp raised its position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 12.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 377,747 shares of the company's stock after purchasing an additional 42,012 shares during the quarter. Stifel Financial Corp owned 0.06% of Johnson Controls International worth $29,816,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of JCI. Raymond James Financial Inc. purchased a new stake in Johnson Controls International in the 4th quarter worth about $568,309,000. Norges Bank acquired a new position in shares of Johnson Controls International in the 4th quarter valued at about $560,549,000. Invesco Ltd. lifted its position in shares of Johnson Controls International by 13.2% in the fourth quarter. Invesco Ltd. now owns 18,407,597 shares of the company's stock worth $1,452,912,000 after purchasing an additional 2,150,573 shares in the last quarter. Amundi boosted its holdings in shares of Johnson Controls International by 76.7% during the fourth quarter. Amundi now owns 3,870,478 shares of the company's stock worth $309,422,000 after purchasing an additional 1,680,431 shares during the period. Finally, Franklin Resources Inc. grew its position in Johnson Controls International by 6.0% during the fourth quarter. Franklin Resources Inc. now owns 23,344,374 shares of the company's stock valued at $1,842,571,000 after purchasing an additional 1,325,500 shares in the last quarter. Hedge funds and other institutional investors own 90.05% of the company's stock.

Insiders Place Their Bets

In other Johnson Controls International news, Director George Oliver sold 15,669 shares of the firm's stock in a transaction on Friday, March 14th. The shares were sold at an average price of $77.49, for a total value of $1,214,190.81. Following the sale, the director now directly owns 1,003,893 shares in the company, valued at $77,791,668.57. This trade represents a 1.54 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Nathan D. Manning sold 1,421 shares of the company's stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $76.44, for a total transaction of $108,621.24. Following the transaction, the vice president now directly owns 148,346 shares of the company's stock, valued at $11,339,568.24. This represents a 0.95 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 907,286 shares of company stock valued at $77,938,071 in the last three months. Company insiders own 0.54% of the company's stock.

Johnson Controls International Stock Performance

JCI stock traded up $0.84 during midday trading on Friday, hitting $81.20. 2,920,556 shares of the company traded hands, compared to its average volume of 4,444,812. The business has a 50 day simple moving average of $80.14 and a 200-day simple moving average of $80.88. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. Johnson Controls International plc has a twelve month low of $59.83 and a twelve month high of $91.14. The stock has a market capitalization of $53.60 billion, a price-to-earnings ratio of 30.99, a price-to-earnings-growth ratio of 1.96 and a beta of 1.22.

Johnson Controls International (NYSE:JCI - Get Free Report) last posted its earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. As a group, equities research analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 24th were issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date was Monday, March 24th. Johnson Controls International's dividend payout ratio (DPR) is currently 56.49%.

Analyst Ratings Changes

JCI has been the subject of a number of research reports. Melius lowered shares of Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 target price for the company. in a research note on Tuesday, January 28th. Citigroup reduced their price objective on Johnson Controls International from $95.00 to $85.00 and set a "neutral" rating for the company in a research report on Monday, April 14th. Wells Fargo & Company upped their target price on Johnson Controls International from $92.00 to $98.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. UBS Group upgraded Johnson Controls International from a "neutral" rating to a "buy" rating and lifted their price target for the company from $90.00 to $103.00 in a report on Monday, February 10th. Finally, Royal Bank of Canada increased their price objective 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. Eight equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $90.07.

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.