Lyell Wealth Management LP Purchases New Holdings in Johnson Controls International plc (NYSE:JCI)

Lyell Wealth Management LP purchased a new stake in Johnson Controls International plc (NYSE:JCI) in the fourth quarter, Holdings Channel.com reports. The firm purchased 3,363 shares of the company’s stock, valued at approximately $265,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Compass Financial Services Inc purchased a new position in Johnson Controls International in the fourth quarter valued at about $26,000. Fortitude Family Office LLC boosted its holdings 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 purchasing an additional 278 shares during the last quarter. Synergy Asset Management LLC bought a new position in Johnson Controls International during the 4th quarter worth approximately $42,000. ST Germain D J Co. Inc. lifted its holdings in Johnson Controls International by 32.8% during 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, Western Pacific Wealth Management LP bought a new position in Johnson Controls International during the 3rd quarter worth approximately $44,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Melius Research reaffirmed a “hold” rating and set a $95.00 target price on shares of Johnson Controls International in a report on Tuesday, January 28th. Citigroup reduced their target price 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. StockNews.com downgraded Johnson Controls International from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Oppenheimer increased their target price on Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Finally, Morgan Stanley increased their target price on Johnson Controls International from $95.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Eight analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $91.13.

Johnson Controls International Stock Down 0.3 %

JCI opened at $90.36 on Thursday. Johnson Controls International plc has a 12 month low of $56.28 and a 12 month high of $91.14. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. The stock has a market cap of $59.65 billion, a P/E ratio of 34.49, a P/E/G ratio of 1.98 and a beta of 1.32. The stock’s 50 day moving average price is $81.90 and its 200 day moving average price is $78.18.

Johnson Controls International (NYSE:JCI) last posted its earnings results on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.59 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. As a group, research analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were given a $0.37 dividend. This represents a $1.48 annualized dividend 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%.

Insider Activity at Johnson Controls International

In other news, CEO George Oliver sold 162,894 shares of Johnson Controls International stock in a transaction on Friday, February 14th. The stock was sold at an average price of $89.28, for a total transaction of $14,543,176.32. Following the transaction, the chief executive officer now directly owns 1,203,893 shares in the company, valued at approximately $107,483,567.04. This trade represents a 11.92 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Nathan D. Manning sold 1,421 shares of Johnson Controls International stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $76.44, for a total value of $108,621.24. Following the transaction, the vice president now owns 148,346 shares in the company, valued at approximately $11,339,568.24. This trade represents a 0.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 889,434 shares of company stock worth $77,215,058 in the last three months. 0.54% of the stock is owned by company insiders.

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.