Johnson Controls International plc (NYSE:JCI) Shares Acquired by Perigon Wealth Management LLC

Perigon Wealth Management LLC increased its position in Johnson Controls International plc (NYSE:JCI) by 419.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,251 shares of the company’s stock after acquiring an additional 15,547 shares during the period. Perigon Wealth Management LLC’s holdings in Johnson Controls International were worth $1,549,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Park Avenue Securities LLC increased its holdings in shares of Johnson Controls International by 101.5% in the 4th quarter. Park Avenue Securities LLC now owns 26,517 shares of the company’s stock worth $2,093,000 after acquiring an additional 13,360 shares during the period. Y Intercept Hong Kong Ltd increased its holdings in shares of Johnson Controls International by 136.8% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 91,248 shares of the company’s stock worth $7,082,000 after acquiring an additional 52,719 shares during the period. Geode Capital Management LLC increased its holdings in shares of Johnson Controls International by 0.5% in the 3rd quarter. Geode Capital Management LLC now owns 13,475,260 shares of the company’s stock worth $1,041,822,000 after acquiring an additional 71,493 shares during the period. BNC Wealth Management LLC acquired a new stake in shares of Johnson Controls International in the 4th quarter worth about $2,093,000. Finally, International Assets Investment Management LLC acquired a new stake in shares of Johnson Controls International in the 3rd quarter worth about $7,692,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Price Performance

JCI stock opened at $76.37 on Thursday. The company has a current ratio of 0.94, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46. Johnson Controls International plc has a one year low of $52.02 and a one year high of $87.16. The firm has a market capitalization of $50.41 billion, a PE ratio of 30.06, a P/E/G ratio of 2.35 and a beta of 1.32. The firm has a 50-day moving average of $81.34 and a two-hundred day moving average of $76.44.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date of this dividend was Monday, December 23rd. Johnson Controls International’s dividend payout ratio is presently 58.27%.

Wall Street Analyst Weigh In

JCI has been the subject of a number of recent analyst reports. Citigroup decreased their target price on shares of Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a research report on Monday, January 13th. Barclays increased their target price on shares of Johnson Controls International from $75.00 to $83.00 and gave the company an “equal weight” rating in a research report on Thursday, December 5th. Robert W. Baird increased 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 report on Thursday, November 7th. Oppenheimer increased their target price on shares of Johnson Controls International from $86.00 to $87.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Johnson Controls International from $88.00 to $87.00 and set an “overweight” rating for the company in a research report on Wednesday, January 15th. Eleven analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, Johnson Controls International currently has a consensus rating of “Hold” and a consensus price target of $84.00.

Insider Buying and Selling at Johnson Controls International

In other news, CEO George Oliver sold 224,152 shares of the stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $82.72, for a total value 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. This represents a 16.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Marlon Sullivan sold 7,230 shares of the stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $83.35, for a total transaction of $602,620.50. Following the completion of the sale, the executive vice president now directly owns 32,246 shares of the company’s stock, valued at $2,687,704.10. This trade represents a 18.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 647,787 shares of company stock valued at $53,972,452. 0.69% of the stock is currently owned by corporate insiders.

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.