Wilmington Savings Fund Society FSB Purchases 48,416 Shares of Johnson Controls International plc (NYSE:JCI)

Wilmington Savings Fund Society FSB grew its holdings in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 27.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 223,989 shares of the company's stock after buying an additional 48,416 shares during the period. Wilmington Savings Fund Society FSB's holdings in Johnson Controls International were worth $17,384,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in JCI. Wealth Enhancement Advisory Services LLC raised its stake in Johnson Controls International by 9.7% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 51,878 shares of the company's stock worth $3,448,000 after buying an additional 4,601 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in shares of Johnson Controls International by 1.3% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 90,487 shares of the company's stock valued at $6,015,000 after purchasing an additional 1,173 shares during the period. Baader Bank Aktiengesellschaft bought a new stake in shares of Johnson Controls International during the second quarter valued at approximately $215,000. Triad Wealth Partners LLC purchased a new stake in Johnson Controls International in the second quarter worth $89,000. Finally, Lathrop Investment Management Corp raised its holdings in Johnson Controls International by 30.3% in the second quarter. Lathrop Investment Management Corp now owns 162,210 shares of the company's stock worth $10,782,000 after purchasing an additional 37,731 shares in the last quarter. 90.05% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

JCI has been the topic of a number of recent research reports. Robert W. Baird upped their target price on shares of Johnson Controls International from $80.00 to $85.00 and gave the stock a "neutral" rating in a research report on Thursday, November 7th. Barclays boosted 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 report on Thursday, December 5th. Morgan Stanley started coverage on Johnson Controls International in a research note on Friday, September 6th. They set an "overweight" rating and a $85.00 target price on the stock. Royal Bank of Canada boosted their price target on Johnson Controls International from $81.00 to $86.00 and gave the stock a "sector perform" rating in a research note on Thursday, November 7th. Finally, Bank of America increased their price objective on Johnson Controls International from $80.00 to $95.00 and gave the company a "buy" rating in a research report on Friday, September 27th. Twelve analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, Johnson Controls International currently has an average rating of "Hold" and a consensus target price of $78.57.

Insider Buying and Selling at Johnson Controls International

In related news, 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 completion of the sale, the chief operating officer now owns 140,488 shares in the company, valued at approximately $10,828,815.04. This trade represents a 2.09 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO George Oliver sold 110,616 shares of the business's stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $84.60, for a total value of $9,358,113.60. Following the completion of the transaction, the chief executive officer now directly owns 1,244,617 shares in the company, valued at approximately $105,294,598.20. This represents a 8.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 872,389 shares of company stock valued at $70,763,920 over the last ninety days. 0.69% of the stock is currently owned by company insiders.

Johnson Controls International Price Performance

Shares of NYSE JCI traded down $0.69 during midday trading on Thursday, reaching $83.33. The stock had a trading volume of 2,087,305 shares, compared to its average volume of 4,810,299. The company has a market capitalization of $55.18 billion, a price-to-earnings ratio of 33.09, a price-to-earnings-growth ratio of 2.35 and a beta of 1.31. Johnson Controls International plc has a 12-month low of $51.70 and a 12-month high of $87.16. The stock has a 50-day moving average of $80.30 and a 200-day moving average of $73.75. 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 Dividend Announcement

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

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.