Johnson Controls International plc (NYSE:JCI) Stock Position Decreased by Swiss National Bank

Swiss National Bank reduced its holdings in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 0.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,999,581 shares of the company's stock after selling 18,100 shares during the quarter. Swiss National Bank owned approximately 0.30% of Johnson Controls International worth $155,187,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Metis Global Partners LLC grew its holdings in shares of Johnson Controls International by 0.4% during the third quarter. Metis Global Partners LLC now owns 28,446 shares of the company's stock worth $2,208,000 after buying an additional 127 shares in the last quarter. Summit Trail Advisors LLC grew its holdings in shares of Johnson Controls International by 4.6% during the second quarter. Summit Trail Advisors LLC now owns 3,715 shares of the company's stock worth $248,000 after buying an additional 163 shares in the last quarter. Miracle Mile Advisors LLC grew its holdings in shares of Johnson Controls International by 1.0% during the third quarter. Miracle Mile Advisors LLC now owns 17,011 shares of the company's stock worth $1,320,000 after buying an additional 163 shares in the last quarter. Berry Wealth Group LP grew its holdings in shares of Johnson Controls International by 0.7% during the third quarter. Berry Wealth Group LP now owns 25,978 shares of the company's stock worth $2,016,000 after buying an additional 177 shares in the last quarter. Finally, Center for Financial Planning Inc. grew its holdings in shares of Johnson Controls International by 5.7% during the second quarter. Center for Financial Planning Inc. now owns 3,485 shares of the company's stock worth $232,000 after buying an additional 187 shares in the last quarter. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

JCI has been the subject of a number of recent research reports. UBS Group initiated coverage on shares of Johnson Controls International in a report on Wednesday, November 13th. They set a "neutral" rating and a $90.00 price target for the company. Morgan Stanley started coverage on shares of Johnson Controls International in a report on Friday, September 6th. They set an "overweight" rating and a $85.00 price target for the company. The Goldman Sachs Group boosted their target price on shares of Johnson Controls International from $73.00 to $81.00 and gave the company a "buy" rating in a report on Friday, August 2nd. Barclays boosted their target price on shares of Johnson Controls International from $62.00 to $64.00 and gave the company an "equal weight" rating in a report on Wednesday, October 2nd. Finally, Oppenheimer boosted their target price on shares of Johnson Controls International from $86.00 to $87.00 and gave the company an "outperform" rating in a 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 stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $77.21.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, COO Nathan D. Manning sold 1,167 shares of the business's stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $72.75, for a total transaction of $84,899.25. Following the completion of the sale, the chief operating officer now owns 143,488 shares in the company, valued at $10,438,752. The trade was a 0.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO George Oliver sold 110,615 shares of the business's stock in a transaction on Monday, September 16th. The shares were sold at an average price of $72.67, for a total transaction of $8,038,392.05. Following the sale, the chief executive officer now owns 1,243,751 shares of the company's stock, valued at approximately $90,383,385.17. The trade was a 8.17 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 336,757 shares of company stock valued at $26,262,632 over the last ninety days. Corporate insiders own 0.69% of the company's stock.

Johnson Controls International Stock Down 0.9 %

Shares of NYSE JCI traded down $0.76 during trading on Monday, reaching $83.64. 3,439,192 shares of the stock were exchanged, compared to its average volume of 4,917,903. The business's 50-day moving average price is $76.84 and its 200 day moving average price is $71.77. Johnson Controls International plc has a twelve month low of $51.60 and a twelve month high of $87.16. 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 company has a market capitalization of $55.87 billion, a price-to-earnings ratio of 33.12, a price-to-earnings-growth ratio of 2.36 and a beta of 1.29.

Johnson Controls International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 18th. Investors of record on Wednesday, September 25th were issued a $0.37 dividend. The ex-dividend date of this dividend was Wednesday, September 25th. This represents a $1.48 annualized dividend and a yield of 1.77%. Johnson Controls International's dividend payout ratio is presently 58.27%.

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.