Resonant Capital Advisors LLC Boosts Stock Position in Johnson Controls International plc (NYSE:JCI)

Resonant Capital Advisors LLC raised its position in shares of Johnson Controls International plc (NYSE:JCIFree Report) by 11.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,416 shares of the company’s stock after buying an additional 342 shares during the quarter. Resonant Capital Advisors LLC’s holdings in Johnson Controls International were worth $271,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Fortitude Family Office LLC lifted its position in Johnson Controls International by 195.8% during the third quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock valued at $33,000 after acquiring an additional 278 shares during the last quarter. Wolff Wiese Magana LLC lifted its holdings in shares of Johnson Controls International by 977.3% during 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. Synergy Asset Management LLC acquired a new stake in shares of Johnson Controls International in the 4th quarter worth $42,000. ST Germain D J Co. Inc. grew its stake in Johnson Controls International by 32.8% during the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock worth $43,000 after buying an additional 134 shares during the last quarter. Finally, Western Pacific Wealth Management LP acquired a new position in Johnson Controls International during the 3rd quarter valued at about $44,000. 90.05% of the stock is currently owned by institutional investors.

Johnson Controls International Stock Down 1.3 %

JCI opened at $76.97 on Tuesday. The company has a fifty day moving average of $80.97 and a two-hundred day moving average of $76.58. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 0.94. Johnson Controls International plc has a fifty-two week low of $52.79 and a fifty-two week high of $87.16. The stock has a market capitalization of $50.81 billion, a price-to-earnings ratio of 30.30, a PEG ratio of 2.24 and a beta of 1.32.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were issued a $0.37 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a yield of 1.92%. Johnson Controls International’s payout ratio is 58.27%.

Insiders Place Their Bets

In related news, EVP Marlon Sullivan sold 7,230 shares of Johnson Controls International stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $83.35, for a total value of $602,620.50. Following the sale, the executive vice president now directly owns 32,246 shares in the company, valued at approximately $2,687,704.10. The trade was a 18.31 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO George Oliver sold 110,616 shares of the stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $84.60, for a total value of $9,358,113.60. Following the transaction, the chief executive officer now directly owns 1,244,617 shares of the company’s stock, valued at $105,294,598.20. The trade was a 8.16 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 647,787 shares of company stock worth $53,972,452. 0.54% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on JCI shares. Oppenheimer boosted their price target on Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Citigroup cut their price target on shares of Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating on the stock in a research note on Monday, January 13th. UBS Group initiated coverage on shares of Johnson Controls International in a research note on Wednesday, November 13th. They set a “neutral” rating and a $90.00 price objective for the company. Argus upgraded Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 target price for the company in a research note on Friday, December 20th. Finally, Wells Fargo & Company cut their price objective on Johnson Controls International from $95.00 to $92.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. Nine equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, Johnson Controls International currently has an average rating of “Hold” and an average target price of $87.20.

Get Our Latest Report on Johnson Controls International

Johnson Controls International Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Johnson Controls International (NYSE:JCI)

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