Johnson Controls International plc (NYSE:JCI) Shares Sold by Todd Asset Management LLC

Todd Asset Management LLC decreased its position in shares of Johnson Controls International plc (NYSE:JCI) by 5.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,319 shares of the company’s stock after selling 395 shares during the period. Todd Asset Management LLC’s holdings in Johnson Controls International were worth $499,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in JCI. Metis Global Partners LLC increased its position in shares of Johnson Controls International by 0.4% during the third quarter. Metis Global Partners LLC now owns 28,446 shares of the company’s stock worth $2,208,000 after acquiring an additional 127 shares during the last quarter. Gilbert & Cook Inc. grew its stake in Johnson Controls International by 2.0% during the 4th quarter. Gilbert & Cook Inc. now owns 6,458 shares of the company’s stock valued at $510,000 after purchasing an additional 127 shares in the last quarter. Graypoint LLC grew its stake in Johnson Controls International by 4.1% during the 4th quarter. Graypoint LLC now owns 3,277 shares of the company’s stock valued at $259,000 after purchasing an additional 130 shares in the last quarter. ST Germain D J Co. Inc. increased its holdings 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 purchasing an additional 134 shares during the last quarter. Finally, Brooklyn Investment Group raised its position in shares of Johnson Controls International by 3.1% in the 4th quarter. Brooklyn Investment Group now owns 4,444 shares of the company’s stock valued at $351,000 after purchasing an additional 135 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Insider Buying and Selling

In other news, EVP Marlon Sullivan sold 7,230 shares of the business’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 completion of the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO George Oliver sold 205,168 shares of the firm’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 completion of the sale, the chief executive officer now owns 1,260,527 shares in the company, valued at approximately $110,964,191.81. This represents a 14.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 708,700 shares of company stock valued at $62,083,088 in the last quarter. Company insiders own 0.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Argus raised shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price target for the company in a research report on Friday, December 20th. Oppenheimer raised their price objective on shares of Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. UBS Group upgraded shares of Johnson Controls International from a “neutral” rating to a “buy” rating and upped their target price for the company from $90.00 to $103.00 in a research note on Monday, February 10th. Melius cut shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price target on the stock. in a research report on Tuesday, January 28th. Finally, Wells Fargo & Company boosted their price objective on Johnson Controls International from $92.00 to $98.00 and gave the company an “overweight” 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $91.13.

Johnson Controls International Stock Performance

Shares of JCI stock opened at $83.87 on Wednesday. The company has a market cap of $55.36 billion, a P/E ratio of 32.01, a PEG ratio of 1.96 and a beta of 1.32. The business has a 50 day moving average of $82.10 and a two-hundred day moving average of $78.78. Johnson Controls International plc has a 52 week low of $58.15 and a 52 week high of $91.14. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50.

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, beating 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, analysts anticipate that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Dividend Announcement

The company also recently declared 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. The ex-dividend date was Monday, December 23rd. This represents a $1.48 annualized dividend and a dividend yield of 1.76%. Johnson Controls International’s dividend payout ratio is currently 56.49%.

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.