Johnson Controls International plc (NYSE:JCI) Shares Bought by Harrell Investment Partners LLC

Harrell Investment Partners LLC lifted its holdings in Johnson Controls International plc (NYSE:JCI) by 10.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 46,107 shares of the company’s stock after buying an additional 4,301 shares during the quarter. Harrell Investment Partners LLC’s holdings in Johnson Controls International were worth $3,639,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Fortitude Family Office LLC lifted its position in Johnson Controls International by 195.8% in the 3rd quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock valued at $33,000 after purchasing an additional 278 shares during the last quarter. Wolff Wiese Magana LLC lifted its position in Johnson Controls International by 977.3% in the 3rd quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock valued at $37,000 after purchasing an additional 430 shares during the last quarter. ST Germain D J Co. Inc. lifted its position in Johnson Controls International by 32.8% in the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock valued at $43,000 after purchasing an additional 134 shares during the last quarter. Western Pacific Wealth Management LP bought a new stake in Johnson Controls International in the 3rd quarter valued at about $44,000. Finally, Friedenthal Financial bought a new stake in Johnson Controls International in the 4th quarter valued at about $49,000. 90.05% of the stock is currently owned by institutional investors.

Johnson Controls International Stock Performance

Shares of JCI opened at $81.65 on Friday. The firm’s 50 day moving average is $81.62 and its 200-day moving average is $76.22. The stock has a market capitalization of $53.90 billion, a P/E ratio of 32.14, a P/E/G ratio of 2.35 and a beta of 1.32. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.79. Johnson Controls International plc has a 12-month low of $52.02 and a 12-month high of $87.16.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were given a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.81%. The ex-dividend date was Monday, December 23rd. Johnson Controls International’s dividend payout ratio (DPR) is currently 58.27%.

Analyst Upgrades and Downgrades

JCI has been the topic of several recent research reports. Royal Bank of Canada lifted their price objective on shares of Johnson Controls International from $81.00 to $86.00 and gave the company a “sector perform” rating in a research report on Thursday, November 7th. Wells Fargo & Company lowered their target price on shares of Johnson Controls International from $95.00 to $92.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. UBS Group started coverage on shares of Johnson Controls International in a research note on Wednesday, November 13th. They set a “neutral” rating and a $90.00 target price on the stock. Robert W. Baird raised their target price on shares of Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Finally, Mizuho raised their target price 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. Ten equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, Johnson Controls International has an average rating of “Hold” and a consensus price target of $82.53.

Insider Transactions at Johnson Controls International

In related news, CEO George Oliver sold 110,616 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $84.60, for a total transaction of $9,358,113.60. Following the completion of the sale, the chief executive officer now directly owns 1,244,617 shares in the company, valued at approximately $105,294,598.20. This trade represents a 8.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Marlon Sullivan sold 7,230 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $83.35, for a total transaction of $602,620.50. Following the sale, the executive vice president now owns 32,246 shares of the company’s stock, valued at approximately $2,687,704.10. This represents a 18.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 647,787 shares of company stock valued at $53,972,452 over the last ninety days. Corporate insiders own 0.69% 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.