Daymark Wealth Partners LLC Has $1.95 Million Stock Holdings in Johnson Controls International plc (NYSE:JCI)

Daymark Wealth Partners LLC lifted its stake in Johnson Controls International plc (NYSE:JCI) by 5.8% in the fourth quarter, HoldingsChannel reports. The firm owned 24,688 shares of the company’s stock after purchasing an additional 1,353 shares during the period. Daymark Wealth Partners LLC’s holdings in Johnson Controls International were worth $1,949,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of JCI. Fortitude Family Office LLC increased its position in shares of Johnson Controls International by 195.8% in the third quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock worth $33,000 after acquiring an additional 278 shares in the last quarter. Wolff Wiese Magana LLC raised its position in Johnson Controls International by 977.3% during the third quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock valued at $37,000 after buying an additional 430 shares during the period. ST Germain D J Co. Inc. lifted its position in shares of 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 purchasing an additional 134 shares in the last quarter. Western Pacific Wealth Management LP acquired a new stake in shares of Johnson Controls International during the 3rd quarter valued at $44,000. Finally, Friedenthal Financial acquired a new stake in Johnson Controls International during the fourth quarter valued at $49,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, CEO George Oliver sold 10,304 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $84.14, for a total value of $866,978.56. Following the sale, the chief executive officer now owns 1,166,992 shares of the company’s stock, valued at $98,190,706.88. The trade was a 0.88 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Marlon Sullivan sold 7,230 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $83.35, for a total transaction of $602,620.50. Following the transaction, the executive vice president now directly owns 32,246 shares of the company’s stock, valued at $2,687,704.10. The trade was a 18.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 647,787 shares of company stock worth $53,972,452. Company insiders own 0.69% of the company’s stock.

Johnson Controls International Trading Down 0.4 %

Shares of JCI stock opened at $82.13 on Thursday. The firm has a market capitalization of $54.38 billion, a P/E ratio of 32.33, a price-to-earnings-growth ratio of 2.36 and a beta of 1.32. Johnson Controls International plc has a 1 year low of $52.02 and a 1 year high of $87.16. The firm’s fifty day simple moving average is $81.80 and its 200 day simple moving average is $76.03. The company has a current ratio of 0.94, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46.

Johnson Controls International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date of this dividend was Monday, December 23rd. Johnson Controls International’s dividend payout ratio is currently 58.27%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Robert W. Baird boosted their price target on Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. StockNews.com lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Wednesday, November 20th. Mizuho lifted their price objective on shares of Johnson Controls International from $62.00 to $75.00 and gave the company a “neutral” rating in a research note on Thursday, October 17th. UBS Group initiated coverage on shares of Johnson Controls International in a research report on Wednesday, November 13th. They set a “neutral” rating and a $90.00 target price on the stock. Finally, Bank of America boosted their price target on Johnson Controls International from $80.00 to $95.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. Ten research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, Johnson Controls International has a consensus rating of “Hold” and an average target price of $82.53.

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.