Rathbones Group PLC reduced its stake in shares of Johnson Controls International plc (NYSE:JCI – Free Report) by 4.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 250,867 shares of the company’s stock after selling 12,429 shares during the period. Rathbones Group PLC’s holdings in Johnson Controls International were worth $30,041,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of JCI. Roxbury Financial LLC lifted its stake in shares of Johnson Controls International by 71.9% in the fourth quarter. Roxbury Financial LLC now owns 239 shares of the company’s stock worth $29,000 after acquiring an additional 100 shares during the period. YANKCOM Partnership acquired a new stake in Johnson Controls International during the 4th quarter valued at approximately $34,000. Physician Wealth Advisors Inc. increased its position in Johnson Controls International by 62.8% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 319 shares of the company’s stock valued at $35,000 after purchasing an additional 123 shares during the period. Dunhill Financial LLC lifted its position in shares of Johnson Controls International by 123.3% in the 3rd quarter. Dunhill Financial LLC now owns 335 shares of the company’s stock worth $37,000 after purchasing an additional 185 shares during the period. Finally, Motco lifted its position in shares of Johnson Controls International by 88.9% in the 3rd quarter. Motco now owns 425 shares of the company’s stock worth $47,000 after purchasing an additional 200 shares during the period. 90.05% of the stock is owned by institutional investors and hedge funds.
Johnson Controls International Trading Up 0.0%
NYSE:JCI opened at $132.97 on Monday. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.99 and a quick ratio of 0.81. Johnson Controls International plc has a one year low of $68.03 and a one year high of $146.49. The company has a market cap of $81.39 billion, a PE ratio of 25.04, a PEG ratio of 1.50 and a beta of 1.39. The firm has a 50-day moving average of $134.09 and a 200-day moving average of $121.18.
Johnson Controls International Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Monday, March 16th will be paid a dividend of $0.40 per share. The ex-dividend date is Monday, March 16th. This represents a $1.60 annualized dividend and a yield of 1.2%. Johnson Controls International’s dividend payout ratio (DPR) is 30.13%.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Wolfe Research boosted their target price on shares of Johnson Controls International from $149.00 to $161.00 and gave the company an “outperform” rating in a report on Friday, February 27th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $154.00 price target on shares of Johnson Controls International in a research report on Thursday, February 5th. Melius Research set a $148.00 price target on Johnson Controls International in a report on Wednesday, January 7th. Finally, JPMorgan Chase & Co. lifted their price objective on Johnson Controls International from $138.00 to $158.00 and gave the stock an “overweight” rating in a research report on Friday, February 6th. Twelve investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $135.53.
View Our Latest Research Report on JCI
Insiders Place Their Bets
In other Johnson Controls International news, VP Todd M. Grabowski sold 6,050 shares of Johnson Controls International stock in a transaction on Friday, February 6th. The shares were sold at an average price of $134.90, for a total transaction of $816,145.00. Following the transaction, the vice president directly owned 34,836 shares of the company’s stock, valued at $4,699,376.40. The trade was a 14.80% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Daniel C. Mcconeghy sold 3,600 shares of the company’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $142.56, for a total transaction of $513,216.00. Following the completion of the sale, the vice president owned 24,273 shares of the company’s stock, valued at approximately $3,460,358.88. The trade was a 12.92% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.29% of the company’s stock.
Johnson Controls International Company Profile
Johnson Controls International plc is a global diversified technology and multi‑industrial company that develops products, services and solutions for buildings and energy storage. The company’s core focus is on improving building efficiency, safety and sustainability through a combination of HVAC equipment, building controls and automation, fire and security systems, and related services. Johnson Controls traces its roots to 1885, when inventor Warren S. Johnson developed an electric room thermostat; over its long history the company has expanded from controls into a broad set of building‑related technologies and, through corporate transactions, into a global provider of integrated building solutions.
Johnson Controls’ product and service portfolio includes heating, ventilation and air‑conditioning equipment, chillers, air handlers and related mechanical systems, together with building automation and control platforms that monitor and manage energy use, indoor environmental quality and security.
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