Nemes Rush Group LLC Buys 16,420 Shares of Johnson Controls International plc (NYSE:JCI)

Nemes Rush Group LLC increased its position in shares of Johnson Controls International plc (NYSE:JCI) by 11.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 155,428 shares of the company’s stock after acquiring an additional 16,420 shares during the quarter. Johnson Controls International comprises approximately 1.5% of Nemes Rush Group LLC’s investment portfolio, making the stock its 19th biggest holding. Nemes Rush Group LLC’s holdings in Johnson Controls International were worth $12,268,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of JCI. Townsquare Capital LLC grew its holdings in shares of Johnson Controls International by 29.9% in the 3rd quarter. Townsquare Capital LLC now owns 14,101 shares of the company’s stock valued at $1,094,000 after buying an additional 3,247 shares during the period. CreativeOne Wealth LLC bought a new position in Johnson Controls International during the third quarter worth about $328,000. Public Sector Pension Investment Board grew its stake in Johnson Controls International by 14.1% in the third quarter. Public Sector Pension Investment Board now owns 28,321 shares of the company’s stock valued at $2,198,000 after acquiring an additional 3,500 shares during the period. Edgestream Partners L.P. bought a new stake in shares of Johnson Controls International in the third quarter worth about $3,641,000. Finally, Kestra Investment Management LLC acquired a new stake in shares of Johnson Controls International during the third quarter worth about $488,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on JCI shares. Melius lowered Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price objective for the company. in a research report on Tuesday, January 28th. Royal Bank of Canada increased their price objective on shares of Johnson Controls International from $86.00 to $93.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 6th. Barclays dropped their price objective on shares of Johnson Controls International from $88.00 to $85.00 and set an “equal weight” rating on the stock in a report on Monday, March 10th. Citigroup reduced their target price on shares of Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a research note on Monday, January 13th. Finally, UBS Group raised Johnson Controls International from a “neutral” rating to a “buy” rating and lifted their price target for the company from $90.00 to $103.00 in a research note on Monday, February 10th. 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 stock currently has an average rating of “Moderate Buy” and a consensus price target of $91.27.

Johnson Controls International Trading Up 0.6 %

Johnson Controls International stock opened at $80.17 on Tuesday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.86 and a current ratio of 1.02. The stock has a 50-day simple moving average of $82.93 and a 200 day simple moving average of $80.71. The stock has a market capitalization of $52.92 billion, a P/E ratio of 30.60, a PEG ratio of 1.96 and a beta of 1.32. Johnson Controls International plc has a 52 week low of $59.83 and a 52 week high of $91.14.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, topping 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%. 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 declared a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 24th will be paid a $0.37 dividend. The ex-dividend date of this dividend is Monday, March 24th. This represents a $1.48 annualized dividend and a yield of 1.85%. Johnson Controls International’s dividend payout ratio (DPR) is presently 56.49%.

Insider Buying and Selling at Johnson Controls International

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 shares were sold at an average price of $88.03, for a total value 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 $110,964,191.81. The trade was a 14.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Daniel C. Mcconeghy sold 1,950 shares of the stock in a transaction that occurred on Thursday, February 6th. The stock was sold at an average price of $87.73, for a total transaction of $171,073.50. Following the transaction, the vice president now owns 24,803 shares in the company, valued at approximately $2,175,967.19. The trade was a 7.29 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 905,864 shares of company stock valued at $77,824,710 in the last ninety days. 0.54% of the stock is currently owned by corporate insiders.

Johnson Controls International 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.