Vanguard Group Inc. Has $5.38 Billion Position in Johnson Controls International plc (NYSE:JCI)

Vanguard Group Inc. grew its stake in Johnson Controls International plc (NYSE:JCI) by 0.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 68,156,110 shares of the company’s stock after buying an additional 179,743 shares during the period. Vanguard Group Inc. owned approximately 0.10% of Johnson Controls International worth $5,379,562,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in JCI. Compass Financial Services Inc acquired a new stake in shares of Johnson Controls International in the fourth quarter valued at about $26,000. SBI Securities Co. Ltd. bought a new position in Johnson Controls International in the fourth quarter worth approximately $29,000. Synergy Asset Management LLC bought a new position in Johnson Controls International in the fourth quarter worth approximately $42,000. ST Germain D J Co. Inc. boosted its holdings 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 worth $43,000 after acquiring an additional 134 shares in the last quarter. Finally, Gables Capital Management Inc. boosted its holdings in Johnson Controls International by 132.0% in the fourth quarter. Gables Capital Management Inc. now owns 580 shares of the company’s stock worth $46,000 after acquiring an additional 330 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Insiders Place Their Bets

In other news, VP Daniel C. Mcconeghy sold 1,950 shares of the firm’s stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $87.73, for a total value of $171,073.50. Following the completion of the transaction, the vice president now directly owns 24,803 shares of the company’s stock, valued at $2,175,967.19. This trade represents a 7.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director George Oliver sold 15,669 shares of the firm’s stock in a transaction on Friday, March 14th. The stock was sold at an average price of $77.49, for a total value of $1,214,190.81. Following the completion of the transaction, the director now directly owns 1,003,893 shares of the company’s stock, valued at $77,791,668.57. The trade was a 1.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 905,864 shares of company stock valued at $77,824,710 over the last ninety days. 0.54% of the stock is currently owned by insiders.

Johnson Controls International Stock Performance

NYSE:JCI opened at $82.64 on Monday. 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 business has a fifty day simple moving average of $82.70 and a two-hundred day simple moving average of $80.17. Johnson Controls International plc has a 1 year low of $59.83 and a 1 year high of $91.14. The company has a market capitalization of $54.55 billion, a P/E ratio of 31.54, a P/E/G ratio of 1.96 and a beta of 1.32.

Johnson Controls International (NYSE:JCI) last released its earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. On average, analysts expect that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 24th will be given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date of this dividend is Monday, March 24th. Johnson Controls International’s dividend payout ratio is currently 56.49%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Melius lowered Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 target price on the stock. in a report on Tuesday, January 28th. Argus upgraded Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 target price on the stock in a report on Friday, December 20th. Melius Research restated a “hold” rating and issued a $95.00 target price on shares of Johnson Controls International in a report on Tuesday, January 28th. UBS Group upgraded Johnson Controls International from a “neutral” rating to a “buy” rating and raised their target price for the company from $90.00 to $103.00 in a report on Monday, February 10th. Finally, 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 report on Thursday, February 6th. Eight analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $91.27.

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.