New York State Common Retirement Fund Buys 4,400 Shares of Johnson Controls International plc (NYSE:JCI)

New York State Common Retirement Fund grew its stake in Johnson Controls International plc (NYSE:JCI) by 0.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 846,488 shares of the company’s stock after acquiring an additional 4,400 shares during the period. New York State Common Retirement Fund owned 0.13% of Johnson Controls International worth $66,813,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors 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 about $26,000. Fortitude Family Office LLC raised its stake in shares of Johnson Controls International by 195.8% during the third quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock worth $33,000 after buying an additional 278 shares during the last quarter. Synergy Asset Management LLC bought a new stake in shares of Johnson Controls International during the fourth quarter worth approximately $42,000. ST Germain D J Co. Inc. raised its stake in shares of Johnson Controls International by 32.8% during 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 during the last quarter. Finally, Western Pacific Wealth Management LP bought a new stake in shares of Johnson Controls International during the third quarter worth approximately $44,000. 90.05% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

JCI has been the subject of a number of recent research reports. Robert W. Baird boosted their price target on shares of Johnson Controls International from $80.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Wells Fargo & Company boosted their price target on shares of Johnson Controls International from $92.00 to $98.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. StockNews.com downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Wednesday, November 20th. Oppenheimer boosted their price target on shares of Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Finally, Melius downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 target price for the company. in a research note on Tuesday, January 28th. Eight investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $91.13.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 1,950 shares of the stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $87.73, for a total value of $171,073.50. Following the completion of the sale, the vice president now owns 24,803 shares in the company, valued at $2,175,967.19. This trade represents a 7.29 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO George Oliver sold 162,894 shares of the stock in a transaction on Friday, February 14th. The shares were sold at an average price of $89.28, for a total transaction of $14,543,176.32. Following the completion of the sale, the chief executive officer now owns 1,203,893 shares of the company’s stock, valued at approximately $107,483,567.04. This represents a 11.92 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 889,434 shares of company stock worth $77,215,058 over the last quarter. 0.54% of the stock is currently owned by insiders.

Johnson Controls International Stock Down 0.3 %

Johnson Controls International stock opened at $90.36 on Thursday. The stock has a market capitalization of $59.65 billion, a PE ratio of 34.49, a price-to-earnings-growth ratio of 1.98 and a beta of 1.32. Johnson Controls International plc has a twelve month low of $56.28 and a twelve month high of $91.14. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. The company has a 50 day moving average of $81.90 and a 200-day moving average of $78.18.

Johnson Controls International (NYSE:JCI) last released its quarterly 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 anticipate that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The company 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 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date of this dividend was Monday, December 23rd. Johnson Controls International’s dividend payout ratio is currently 56.49%.

About Johnson Controls International

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.