Temasek Holdings Private Ltd Invests $3.34 Million in Johnson Controls International plc (NYSE:JCI)

Temasek Holdings Private Ltd acquired a new stake in Johnson Controls International plc (NYSE:JCI - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 43,028 shares of the company's stock, valued at approximately $3,339,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. State Street Corp increased its holdings in Johnson Controls International by 1.1% in the 3rd quarter. State Street Corp now owns 27,939,766 shares of the company's stock worth $2,178,595,000 after acquiring an additional 300,712 shares in the last quarter. Stifel Financial Corp grew its position in shares of Johnson Controls International by 1.0% in the third quarter. Stifel Financial Corp now owns 335,735 shares of the company's stock valued at $26,057,000 after purchasing an additional 3,260 shares during the period. Quantinno Capital Management LP increased its stake in shares of Johnson Controls International by 50.8% during the third quarter. Quantinno Capital Management LP now owns 37,125 shares of the company's stock worth $2,881,000 after purchasing an additional 12,512 shares in the last quarter. Quarry LP lifted its stake in Johnson Controls International by 696.3% in the 3rd quarter. Quarry LP now owns 7,382 shares of the company's stock valued at $573,000 after buying an additional 6,455 shares in the last quarter. Finally, Riposte Capital LLC purchased a new stake in Johnson Controls International during the 3rd quarter worth approximately $11,642,000. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO George Oliver sold 170,430 shares of the company's stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $83.70, for a total value of $14,264,991.00. Following the completion of the transaction, the chief executive officer now directly owns 1,166,992 shares of the company's stock, valued at $97,677,230.40. This represents a 12.74 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Nathan D. Manning sold 3,000 shares of the firm's stock in a transaction that occurred on 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 approximately $10,828,815.04. The trade was a 2.09 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 740,662 shares of company stock worth $59,869,133. Company insiders own 0.69% of the company's stock.

Johnson Controls International Stock Up 0.6 %

Shares of Johnson Controls International stock traded up $0.50 during trading hours on Friday, reaching $83.59. 1,310,632 shares of the company were exchanged, compared to its average volume of 4,825,404. The firm has a market cap of $55.35 billion, a PE ratio of 33.08, a PEG ratio of 2.30 and a beta of 1.31. The stock's fifty day moving average is $79.77 and its 200 day moving average is $73.44. Johnson Controls International plc has a 1 year low of $51.70 and a 1 year 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.

Johnson Controls International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Monday, December 23rd will be given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.77%. Johnson Controls International's dividend payout ratio is presently 58.27%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on JCI shares. Barclays raised 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 research note on Thursday. Royal Bank of Canada raised 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 report on Thursday, November 7th. Morgan Stanley assumed coverage on shares of Johnson Controls International in a report on Friday, September 6th. They issued an "overweight" rating and a $85.00 target price on the stock. Bank of America raised their price target on shares of Johnson Controls International from $80.00 to $95.00 and gave the stock a "buy" rating in a report on Friday, September 27th. Finally, UBS Group started coverage on Johnson Controls International in a report on Wednesday, November 13th. They issued a "neutral" rating and a $90.00 price objective on the stock. Twelve equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat, Johnson Controls International presently has a consensus rating of "Hold" and an average price target of $78.57.

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.