Savant Capital LLC Reduces Stock Holdings in Johnson Controls International plc (NYSE:JCI)

Savant Capital LLC trimmed its position in Johnson Controls International plc (NYSE:JCI) by 0.8% during the 4th quarter, HoldingsChannel reports. The firm owned 70,976 shares of the company’s stock after selling 608 shares during the period. Savant Capital LLC’s holdings in Johnson Controls International were worth $5,602,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of JCI. CWM LLC boosted its position in Johnson Controls International by 1.7% in the third quarter. CWM LLC now owns 26,942 shares of the company’s stock worth $2,091,000 after purchasing an additional 451 shares during the last quarter. Ritholtz Wealth Management lifted its position in shares of Johnson Controls International by 8.4% during the 3rd quarter. Ritholtz Wealth Management now owns 3,614 shares of the company’s stock valued at $280,000 after buying an additional 281 shares in the last quarter. Annex Advisory Services LLC purchased a new position in shares of Johnson Controls International during the 3rd quarter valued at about $203,000. Exchange Traded Concepts LLC lifted its position in shares of Johnson Controls International by 170.8% during the 3rd quarter. Exchange Traded Concepts LLC now owns 1,763 shares of the company’s stock valued at $137,000 after buying an additional 1,112 shares in the last quarter. Finally, McGlone Suttner Wealth Management Inc. purchased a new position in shares of Johnson Controls International during the 3rd quarter valued at about $242,000. 90.05% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on JCI. Barclays lifted their price objective on Johnson Controls International from $75.00 to $83.00 and gave the company an “equal weight” rating in a research report on Thursday, December 5th. JPMorgan Chase & Co. lifted their price objective on Johnson Controls International from $87.00 to $100.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Oppenheimer lifted their price objective on Johnson Controls International from $86.00 to $87.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. UBS Group raised Johnson Controls International from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $90.00 to $103.00 in a report on Monday. Finally, Royal Bank of Canada boosted their price target on Johnson Controls International from $86.00 to $93.00 and gave the stock a “sector perform” rating in a report on Thursday, February 6th. Eight equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $91.13.

Johnson Controls International Stock Performance

NYSE:JCI opened at $89.47 on Tuesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.79. Johnson Controls International plc has a 1 year low of $54.07 and a 1 year high of $89.95. The stock’s 50 day simple moving average is $80.93 and its two-hundred day simple moving average is $77.08. The company has a market cap of $59.06 billion, a price-to-earnings ratio of 34.15, a PEG ratio of 2.48 and a beta of 1.32.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. As a group, equities analysts anticipate that Johnson Controls International plc will post 3.52 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The business also recently announced 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 annualized dividend and a dividend yield of 1.65%. The ex-dividend date of this dividend was Monday, December 23rd. Johnson Controls International’s dividend payout ratio is currently 56.49%.

Insider Activity

In other news, VP Nathan D. Manning sold 1,421 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $76.44, for a total transaction of $108,621.24. Following the transaction, the vice president now owns 148,346 shares of the company’s stock, valued at approximately $11,339,568.24. The trade was a 0.95 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO George Oliver sold 205,168 shares of the business’s stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $88.03, for a total value of $18,060,939.04. Following the transaction, the chief executive officer now directly owns 1,260,527 shares in the company, valued at approximately $110,964,191.81. This represents a 14.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 856,326 shares of company stock valued at $72,313,086. 0.54% of the stock is currently owned by insiders.

Johnson Controls International 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.