Larson Financial Group LLC Buys 185 Shares of Johnson Controls International plc (NYSE:JCI)

Larson Financial Group LLC increased its stake in shares of Johnson Controls International plc (NYSE:JCI) by 25.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 923 shares of the company’s stock after acquiring an additional 185 shares during the quarter. Larson Financial Group LLC’s holdings in Johnson Controls International were worth $73,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Compass Financial Services Inc bought a new stake in shares of Johnson Controls International in the 4th quarter worth approximately $26,000. SBI Securities Co. Ltd. bought a new stake in shares of Johnson Controls International in the 4th quarter worth approximately $29,000. Synergy Asset Management LLC bought a new stake in shares of Johnson Controls International in the 4th quarter worth approximately $42,000. ST Germain D J Co. Inc. grew its position in shares of Johnson Controls International by 32.8% in the 4th 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 during the last quarter. Finally, Heck Capital Advisors LLC bought a new stake in shares of Johnson Controls International in the 4th quarter worth approximately $48,000. 90.05% of the stock is currently owned by institutional investors.

Johnson Controls International Stock Up 2.3 %

JCI stock opened at $78.74 on Thursday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. Johnson Controls International plc has a 1-year low of $59.83 and a 1-year high of $91.14. The stock has a market capitalization of $51.98 billion, a P/E ratio of 30.05, a P/E/G ratio of 1.96 and a beta of 1.32. The business has a fifty day moving average price of $82.44 and a 200-day moving average price of $79.63.

Johnson Controls International (NYSE:JCI) last announced its quarterly 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%. Equities analysts forecast 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 disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 24th will be issued a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.88%. Johnson Controls International’s payout ratio is currently 56.49%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on JCI shares. Melius lowered Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price objective on the stock. in a research report on Tuesday, January 28th. 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 research note on Thursday, February 6th. 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 research note on Thursday, February 6th. JPMorgan Chase & Co. raised their target price on Johnson Controls International from $87.00 to $100.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Finally, StockNews.com cut Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Wednesday, November 20th. Eight investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, Johnson Controls International currently has a consensus rating of “Moderate Buy” and a consensus target price of $91.27.

Insider Buying and Selling

In other Johnson Controls International news, CEO George Oliver sold 205,168 shares of the business’s stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $88.03, for a total transaction of $18,060,939.04. Following the completion of the sale, the chief executive officer now owns 1,260,527 shares of the company’s stock, valued at approximately $110,964,191.81. The trade was a 14.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Nathan D. Manning sold 1,421 shares of the company’s stock in a transaction dated Monday, February 3rd. The stock was 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 approximately $11,339,568.24. The trade was a 0.95 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 706,050 shares of company stock valued at $61,972,667 over the last 90 days. Company insiders own 0.54% of the company’s stock.

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.