Vivid Wealth Management LLC Buys New Position in Johnson Controls International plc (NYSE:JCI)

Vivid Wealth Management LLC bought a new stake in shares of Johnson Controls International plc (NYSE:JCI) in the 4th quarter, Holdings Channel.com reports. The firm bought 29,014 shares of the company’s stock, valued at approximately $2,290,000.

Several other large investors also recently added to or reduced their stakes in JCI. Compass Financial Services Inc purchased a new position in Johnson Controls International during the fourth quarter valued at approximately $26,000. Fortitude Family Office LLC lifted its holdings in Johnson Controls International by 195.8% during the third quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock valued at $33,000 after purchasing an additional 278 shares in the last quarter. Wolff Wiese Magana LLC lifted its holdings in Johnson Controls International by 977.3% during the third quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock valued at $37,000 after purchasing an additional 430 shares in the last quarter. Synergy Asset Management LLC purchased a new position in Johnson Controls International during the fourth quarter valued at approximately $42,000. Finally, ST Germain D J Co. Inc. lifted its holdings in shares of Johnson Controls International by 32.8% in the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock worth $43,000 after buying an additional 134 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Johnson Controls International

In related news, CEO George Oliver sold 124,497 shares of the business’s stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $82.67, for a total value of $10,292,166.99. Following the completion of the sale, the chief executive officer now owns 1,267,716 shares of the company’s stock, valued at approximately $104,802,081.72. The trade was a 8.94 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Nathan D. Manning sold 1,421 shares of the business’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $76.44, for a total transaction of $108,621.24. Following the completion of the sale, the vice president now directly owns 148,346 shares of the company’s stock, valued at approximately $11,339,568.24. The trade was a 0.95 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,113,772 shares of company stock worth $95,772,462. Company insiders own 0.54% of the company’s stock.

Johnson Controls International Stock Up 1.4 %

NYSE:JCI opened at $89.83 on Friday. Johnson Controls International plc has a fifty-two week low of $56.28 and a fifty-two week high of $89.95. The stock has a market capitalization of $59.30 billion, a P/E ratio of 34.28, a P/E/G ratio of 2.48 and a beta of 1.32. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.79 and a current ratio of 1.02. The company’s 50-day simple moving average is $81.39 and its 200-day simple moving average is $77.54.

Johnson Controls International (NYSE:JCI) last released its earnings results on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. On average, equities analysts anticipate that Johnson Controls International plc will post 3.52 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The firm 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 annualized dividend and a yield of 1.65%. The ex-dividend date of this dividend was Monday, December 23rd. Johnson Controls International’s payout ratio is 56.49%.

Analysts Set New Price Targets

Several equities analysts have commented on JCI shares. Royal Bank of Canada increased their price objective on shares of Johnson Controls International from $86.00 to $93.00 and gave the company a “sector perform” rating in a research report on Thursday, February 6th. Robert W. Baird increased their price objective 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. Melius lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price objective for the company. in a research report on Tuesday, January 28th. Oppenheimer increased their price objective 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, Argus upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price objective for the company in a research report on Friday, December 20th. Eight equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, Johnson Controls International presently has a consensus rating of “Moderate Buy” and an average target price of $91.13.

Johnson Controls International Company 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.