Opal Wealth Advisors LLC purchased a new position in Johnson Controls International plc (NYSE:JCI – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,682 shares of the company’s stock, valued at approximately $212,000.
Other hedge funds also recently modified their holdings of the company. Compass Financial Services Inc bought a new position in shares of Johnson Controls International in the fourth quarter worth $26,000. Fortitude Family Office LLC grew its position in 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 during the last quarter. Wolff Wiese Magana LLC grew its position in Johnson Controls International by 977.3% in the third quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock valued at $37,000 after acquiring an additional 430 shares during the last quarter. Synergy Asset Management LLC bought a new position in Johnson Controls International in the fourth quarter valued at about $42,000. Finally, ST Germain D J Co. Inc. grew its position 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 last quarter. Institutional investors own 90.05% of the company’s stock.
Johnson Controls International Price Performance
Shares of JCI opened at $89.47 on Tuesday. Johnson Controls International plc has a 52-week low of $54.07 and a 52-week high of $89.95. 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 business’s 50 day moving average price is $80.93 and its two-hundred day moving average price is $77.08. The firm has a market cap of $59.06 billion, a PE ratio of 34.15, a price-to-earnings-growth ratio of 2.48 and a beta of 1.32.
Johnson Controls International Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were paid a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.65%. The ex-dividend date was Monday, December 23rd. Johnson Controls International’s dividend payout ratio (DPR) is presently 56.49%.
Insider Buying and Selling at Johnson Controls International
In other news, EVP Marlon Sullivan sold 7,230 shares of the company’s 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 transaction, the executive vice president now directly owns 32,246 shares of the company’s stock, valued at $2,687,704.10. This represents a 18.31 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO George Oliver sold 110,616 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $84.60, for a total value of $9,358,113.60. Following the transaction, the chief executive officer now directly owns 1,244,617 shares in the company, valued at $105,294,598.20. The trade was a 8.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 856,326 shares of company stock valued at $72,313,086. 0.54% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
JCI has been the topic of a number of recent analyst reports. Wells Fargo & Company lifted their target price on Johnson Controls International from $92.00 to $98.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Mizuho boosted their price target on Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a report on Thursday, October 17th. Citigroup reduced their price target on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating on the stock in a report on Monday, January 13th. Morgan Stanley boosted their price target on Johnson Controls International from $95.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Finally, Melius Research restated a “hold” rating and set a $95.00 price target on shares of Johnson Controls International in a report on Tuesday, January 28th. Eight investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $91.13.
Check Out Our Latest Stock Report on Johnson Controls International
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.
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