Johnson Controls International plc (NYSE:JCI) Shares Purchased by Fiduciary Group LLC

Fiduciary Group LLC increased its stake in shares of Johnson Controls International plc (NYSE:JCI) by 12.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,425 shares of the company’s stock after purchasing an additional 1,117 shares during the quarter. Fiduciary Group LLC’s holdings in Johnson Controls International were worth $823,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Compass Financial Services Inc acquired a new stake in shares of Johnson Controls International during the fourth quarter worth $26,000. SBI Securities Co. Ltd. purchased a new position in Johnson Controls International in the fourth quarter worth $29,000. Synergy Asset Management LLC acquired a new stake in Johnson Controls International in the fourth quarter valued at $42,000. ST Germain D J Co. Inc. lifted its holdings in 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 valued at $43,000 after acquiring an additional 134 shares during the period. Finally, Gables Capital Management Inc. lifted its holdings in Johnson Controls International by 132.0% in the fourth quarter. Gables Capital Management Inc. now owns 580 shares of the company’s stock valued at $46,000 after acquiring an additional 330 shares during the period. 90.05% of the stock is owned by institutional investors and hedge funds.

Johnson Controls International Trading Up 0.4 %

NYSE:JCI opened at $83.22 on Friday. The stock has a fifty day simple moving average of $82.62 and a 200-day simple moving average of $79.97. Johnson Controls International plc has a 52-week low of $59.83 and a 52-week high of $91.14. The company has a market capitalization of $54.93 billion, a PE ratio of 31.76, a price-to-earnings-growth ratio of 1.96 and a beta of 1.32. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50.

Johnson Controls International (NYSE:JCI) last announced its earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate 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 research analysts expect that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 24th will be paid a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.78%. The ex-dividend date is Monday, March 24th. Johnson Controls International’s payout ratio is 56.49%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on JCI shares. Citigroup reduced their target price on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a report on Monday, January 13th. Melius downgraded Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 target price for the company. in a report on Tuesday, January 28th. UBS Group raised Johnson Controls International from a “neutral” rating to a “buy” rating and raised their target price for the company from $90.00 to $103.00 in a report on Monday, February 10th. Royal Bank of Canada raised their target price on Johnson Controls International from $86.00 to $93.00 and gave the company a “sector perform” rating in a report on Thursday, February 6th. Finally, Morgan Stanley raised their target price on Johnson Controls International from $95.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Eight investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $91.27.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, CEO George Oliver sold 205,168 shares of Johnson Controls International stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $88.03, for a total value of $18,060,939.04. Following the completion of the sale, the chief executive officer now owns 1,260,527 shares in the company, valued at $110,964,191.81. The trade was a 14.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Nathan D. Manning sold 1,421 shares of Johnson Controls International stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $76.44, for a total value of $108,621.24. Following the completion of the sale, the vice president now owns 148,346 shares of the company’s stock, valued at $11,339,568.24. This trade represents a 0.95 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 905,864 shares of company stock valued at $77,824,710. 0.54% of the stock is owned by insiders.

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.