Wilmington Savings Fund Society FSB decreased its holdings in shares of Johnson Controls International plc (NYSE:JCI – Free Report) by 1.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 198,924 shares of the company’s stock after selling 2,188 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Johnson Controls International were worth $21,010,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in JCI. Brighton Jones LLC acquired a new position in Johnson Controls International during the 4th quarter worth approximately $222,000. GAMMA Investing LLC boosted its stake in shares of Johnson Controls International by 27.8% during the 1st quarter. GAMMA Investing LLC now owns 14,720 shares of the company’s stock worth $1,179,000 after acquiring an additional 3,201 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of Johnson Controls International by 29.1% during the 1st quarter. SG Americas Securities LLC now owns 22,483 shares of the company’s stock worth $1,801,000 after acquiring an additional 5,067 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Johnson Controls International by 66.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 94,756 shares of the company’s stock worth $7,591,000 after acquiring an additional 37,984 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC boosted its stake in shares of Johnson Controls International by 22.4% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 5,987 shares of the company’s stock worth $480,000 after acquiring an additional 1,096 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.
Johnson Controls International Price Performance
JCI stock opened at $106.32 on Tuesday. Johnson Controls International plc has a 1 year low of $68.03 and a 1 year high of $112.63. The firm has a market cap of $69.57 billion, a P/E ratio of 31.55, a PEG ratio of 1.59 and a beta of 1.33. The stock’s 50 day moving average price is $106.96 and its 200 day moving average price is $99.57. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.81 and a current ratio of 0.96.
Johnson Controls International Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Monday, September 22nd will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, September 22nd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.5%. This is a boost from Johnson Controls International’s previous quarterly dividend of $0.37. Johnson Controls International’s dividend payout ratio is currently 47.48%.
Wall Street Analysts Forecast Growth
JCI has been the topic of several research analyst reports. Zacks Research raised Johnson Controls International to a “hold” rating in a research note on Monday, August 11th. Wolfe Research boosted their price target on Johnson Controls International from $132.00 to $133.00 and gave the stock an “outperform” rating in a research note on Friday, September 12th. Oppenheimer lowered Johnson Controls International from an “outperform” rating to a “market perform” rating in a research note on Friday, June 20th. Royal Bank Of Canada boosted their price target on Johnson Controls International from $112.00 to $114.00 and gave the stock a “sector perform” rating in a research note on Wednesday, July 30th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Johnson Controls International in a research note on Wednesday, October 8th. Ten analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $109.39.
View Our Latest Report on Johnson Controls International
Insiders Place Their Bets
In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 5,917 shares of the stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $105.73, for a total transaction of $625,604.41. Following the transaction, the vice president owned 25,005 shares of the company’s stock, valued at $2,643,778.65. This represents a 19.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, VP Nathan D. Manning sold 1,422 shares of the stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $105.06, for a total value of $149,395.32. Following the transaction, the vice president directly owned 139,459 shares in the company, valued at approximately $14,651,562.54. This represents a 1.01% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 8,761 shares of company stock worth $922,447. Corporate insiders own 0.54% of the company’s stock.
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.
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