Janney Montgomery Scott LLC Takes Position in Johnson Controls International plc (NYSE:JCI)

Janney Montgomery Scott LLC bought a new position in Johnson Controls International plc (NYSE:JCI) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 413,136 shares of the company’s stock, valued at approximately $32,609,000. Janney Montgomery Scott LLC owned 0.06% of Johnson Controls International at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Fortitude Family Office LLC lifted its holdings in shares of Johnson Controls International by 195.8% during the 3rd quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock worth $33,000 after acquiring an additional 278 shares during the period. Wolff Wiese Magana LLC lifted its stake in Johnson Controls International by 977.3% during the third quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock worth $37,000 after purchasing an additional 430 shares during the period. ST Germain D J Co. Inc. lifted its stake in Johnson Controls International by 32.8% during the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock worth $43,000 after purchasing an additional 134 shares during the period. Western Pacific Wealth Management LP acquired a new stake in Johnson Controls International during the third quarter valued at approximately $44,000. Finally, Friedenthal Financial bought a new stake in shares of Johnson Controls International in the 4th quarter valued at approximately $49,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Price Performance

Johnson Controls International stock opened at $82.02 on Friday. The business’s 50-day simple moving average is $81.73 and its 200 day simple moving average is $76.08. 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 stock has a market cap of $54.15 billion, a price-to-earnings ratio of 32.29, a P/E/G ratio of 2.35 and a beta of 1.32. Johnson Controls International plc has a 12-month low of $52.02 and a 12-month high of $87.16.

Johnson Controls International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.80%. The ex-dividend date was Monday, December 23rd. Johnson Controls International’s dividend payout ratio is 58.27%.

Wall Street Analyst Weigh In

JCI has been the topic of several recent analyst reports. JPMorgan Chase & Co. decreased their price target on Johnson Controls International from $88.00 to $87.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 15th. Robert W. Baird boosted their target price on shares of Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. UBS Group assumed coverage on shares of Johnson Controls International in a research report on Wednesday, November 13th. They set a “neutral” rating and a $90.00 target price for the company. Wells Fargo & Company reduced their price target on shares of Johnson Controls International from $95.00 to $92.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 7th. Finally, Citigroup dropped their price objective on shares of Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a report on Monday, January 13th. Ten investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $82.53.

Insider Buying and Selling

In related news, CEO George Oliver sold 224,152 shares of Johnson Controls International stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $82.72, for a total transaction of $18,541,853.44. Following the completion of the sale, the chief executive officer now directly owns 1,166,992 shares of the company’s stock, valued at $96,533,578.24. The trade was a 16.11 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Marlon Sullivan sold 7,230 shares of the company’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total value of $602,620.50. Following the completion of the sale, the executive vice president now owns 32,246 shares of the company’s stock, valued at $2,687,704.10. This represents a 18.31 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 647,787 shares of company stock valued at $53,972,452 over the last ninety days. Insiders own 0.69% of the company’s stock.

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.