KBC Group NV lifted its position in shares of Johnson Controls International plc (NYSE:JCI – Free Report) by 124.8% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 386,416 shares of the company’s stock after buying an additional 214,499 shares during the quarter. KBC Group NV owned approximately 0.06% of Johnson Controls International worth $40,813,000 at the end of the most recent quarter.
A number of other institutional investors have also bought and sold shares of JCI. Brighton Jones LLC bought a new position in shares of Johnson Controls International in the fourth quarter worth about $222,000. CWM LLC boosted its stake in Johnson Controls International by 175.9% in the 1st quarter. CWM LLC now owns 55,804 shares of the company’s stock worth $4,470,000 after purchasing an additional 35,579 shares during the period. Bleakley Financial Group LLC boosted its stake in Johnson Controls International by 10.0% in the 1st quarter. Bleakley Financial Group LLC now owns 15,440 shares of the company’s stock worth $1,237,000 after purchasing an additional 1,401 shares during the period. Signaturefd LLC grew its holdings in Johnson Controls International by 5.3% during the 1st quarter. Signaturefd LLC now owns 12,567 shares of the company’s stock valued at $1,007,000 after buying an additional 632 shares in the last quarter. Finally, Apollon Wealth Management LLC raised its position in shares of Johnson Controls International by 26.8% during the first quarter. Apollon Wealth Management LLC now owns 24,473 shares of the company’s stock valued at $1,961,000 after buying an additional 5,180 shares during the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.
Johnson Controls International Trading Up 0.3%
JCI opened at $122.33 on Thursday. The stock has a 50-day moving average of $110.60 and a 200 day moving average of $105.28. The company has a current ratio of 0.96, a quick ratio of 0.81 and a debt-to-equity ratio of 0.50. Johnson Controls International plc has a 12 month low of $68.03 and a 12 month high of $123.78. The firm has a market cap of $80.05 billion, a P/E ratio of 36.30, a P/E/G ratio of 1.70 and a beta of 1.36.
Johnson Controls International Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Monday, September 22nd were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, September 22nd. This is a positive change from Johnson Controls International’s previous quarterly dividend of $0.37. This represents a $1.60 annualized dividend and a yield of 1.3%. Johnson Controls International’s payout ratio is presently 31.43%.
Insider Buying and Selling at Johnson Controls International
In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 5,917 shares of the business’s stock in a transaction on Wednesday, September 3rd. The shares were 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 in the company, valued at $2,643,778.65. The trade was a 19.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Lei Zhang Schlitz sold 10,500 shares of the business’s stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $122.03, for a total value of $1,281,315.00. Following the transaction, the vice president owned 115,220 shares of the company’s stock, valued at $14,060,296.60. This trade represents a 8.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 17,839 shares of company stock worth $2,056,315 over the last quarter. Insiders own 0.54% of the company’s stock.
Analyst Upgrades and Downgrades
JCI has been the subject of a number of research reports. Royal Bank Of Canada upped their target price on shares of Johnson Controls International from $116.00 to $135.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 6th. Wolfe Research boosted their price target on shares of Johnson Controls International from $132.00 to $133.00 and gave the stock an “outperform” rating in a research note on Friday, September 12th. Zacks Research upgraded Johnson Controls International to a “hold” rating in a research report on Monday, August 11th. Citigroup lifted their target price on Johnson Controls International from $112.00 to $119.00 and gave the stock a “neutral” rating in a report on Thursday, October 9th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on Johnson Controls International from $124.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, October 2nd. Ten research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $120.72.
Get Our Latest Report on Johnson Controls International
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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