Johnson Controls International plc (NYSE:JCI) Shares Sold by Corient Private Wealth LLC

Corient Private Wealth LLC lessened its holdings in Johnson Controls International plc (NYSE:JCI) by 11.2% during the 4th quarter, Holdings Channel reports. The firm owned 374,079 shares of the company’s stock after selling 47,228 shares during the quarter. Corient Private Wealth LLC’s holdings in Johnson Controls International were worth $29,526,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Compass Financial Services Inc purchased a new stake in Johnson Controls International in the 4th quarter valued at approximately $26,000. SBI Securities Co. Ltd. acquired a new position in shares of Johnson Controls International in the fourth quarter worth $29,000. Synergy Asset Management LLC purchased a new stake in shares of Johnson Controls International in the fourth quarter valued at $42,000. ST Germain D J Co. Inc. lifted its position 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 valued at $43,000 after acquiring an additional 134 shares in the last quarter. Finally, Gables Capital Management Inc. boosted its stake in shares of Johnson Controls International by 132.0% during 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 last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on JCI shares. Argus raised shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 target price for the company in a research note on Friday, December 20th. UBS Group raised shares of Johnson Controls International from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $90.00 to $103.00 in a research report on Monday, February 10th. Melius Research reaffirmed a “hold” rating and issued a $95.00 target price on shares of Johnson Controls International in a research note on Tuesday, January 28th. Melius lowered Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price target on the stock. in a research note on Tuesday, January 28th. Finally, Royal Bank of Canada lifted their price objective on 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. Eight equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, Johnson Controls International has an average rating of “Moderate Buy” and a consensus price target of $91.27.

Johnson Controls International Price Performance

Shares of NYSE JCI opened at $81.46 on Tuesday. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $53.77 billion, a price-to-earnings ratio of 31.09, a price-to-earnings-growth ratio of 1.96 and a beta of 1.32. Johnson Controls International plc has a twelve month low of $59.83 and a twelve month high of $91.14. The business has a 50 day simple moving average of $82.45 and a 200-day simple moving average of $79.87.

Johnson Controls International (NYSE:JCI) last released 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%. As a group, equities research analysts expect that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 24th will be issued a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.82%. The ex-dividend date is Monday, March 24th. Johnson Controls International’s dividend payout ratio (DPR) is presently 56.49%.

Insider Transactions at Johnson Controls International

In related news, CEO George Oliver sold 205,168 shares of the stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $88.03, for a total value of $18,060,939.04. Following the sale, the chief executive officer now owns 1,260,527 shares of the company’s stock, valued at $110,964,191.81. This trade represents a 14.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Daniel C. Mcconeghy sold 1,950 shares of the business’s stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $87.73, for a total transaction of $171,073.50. Following the transaction, the vice president now directly owns 24,803 shares of the company’s stock, valued at $2,175,967.19. The trade was a 7.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 906,050 shares of company stock worth $77,839,329. 0.54% of the stock is currently owned by company 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.