Strategic Planning Group LLC Buys 1,631 Shares of Johnson Controls International plc (NYSE:JCI)

Strategic Planning Group LLC raised its position in shares of Johnson Controls International plc (NYSE:JCI) by 3.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 53,558 shares of the company’s stock after acquiring an additional 1,631 shares during the period. Strategic Planning Group LLC’s holdings in Johnson Controls International were worth $4,227,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Fortitude Family Office LLC grew its stake in shares of Johnson Controls International by 195.8% in the third quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock valued at $33,000 after acquiring an additional 278 shares in the last quarter. Wolff Wiese Magana LLC grew its position 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 buying an additional 430 shares in the last quarter. ST Germain D J Co. Inc. increased its stake in Johnson Controls International by 32.8% during the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock worth $43,000 after acquiring an additional 134 shares during the period. Western Pacific Wealth Management LP acquired a new position in Johnson Controls International in the 3rd quarter valued at $44,000. Finally, Friedenthal Financial bought a new stake in shares of Johnson Controls International during the 4th quarter valued at $49,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Citigroup decreased their price target on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating on the stock in a research report on Monday, January 13th. Barclays raised 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 report on Thursday, December 5th. Melius downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price target for the company. in a report on Tuesday. Mizuho lifted their price objective on shares of Johnson Controls International from $62.00 to $75.00 and gave the company a “neutral” rating in a research note on Thursday, October 17th. Finally, Royal Bank of Canada upped their target price 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. Eleven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $84.00.

Johnson Controls International Stock Up 0.3 %

Shares of NYSE:JCI opened at $76.37 on Thursday. The firm has a market cap of $50.41 billion, a P/E ratio of 30.06, 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. The business has a fifty day simple moving average of $81.34 and a 200 day simple moving average of $76.44. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.46.

Johnson Controls International Announces Dividend

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

Insider Activity at Johnson Controls International

In related news, CEO George Oliver sold 110,616 shares of Johnson Controls International stock in a transaction on Friday, November 15th. The shares were sold at an average price of $84.60, for a total transaction of $9,358,113.60. Following the completion of the transaction, the chief executive officer now owns 1,244,617 shares of the company’s stock, valued at $105,294,598.20. This trade represents a 8.16 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Marlon Sullivan sold 7,230 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total transaction of $602,620.50. Following the completion of the transaction, the executive vice president now owns 32,246 shares in the company, valued at approximately $2,687,704.10. The trade was a 18.31 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 647,787 shares of company stock worth $53,972,452 over the last ninety days. Insiders own 0.69% of the company’s stock.

About Johnson Controls International

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.