Johnson Controls International plc (NYSE:JCI) Shares Purchased by New York Life Investment Management LLC

New York Life Investment Management LLC grew its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 0.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 99,246 shares of the company’s stock after purchasing an additional 190 shares during the period. New York Life Investment Management LLC’s holdings in Johnson Controls International were worth $7,833,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in JCI. International Assets Investment Management LLC acquired a new stake in Johnson Controls International in the 3rd quarter valued at $7,692,000. Assenagon Asset Management S.A. boosted its position in shares of Johnson Controls International by 14.2% in the third quarter. Assenagon Asset Management S.A. now owns 26,762 shares of the company’s stock worth $2,077,000 after buying an additional 3,334 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in shares of Johnson Controls International by 2.6% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 53,225 shares of the company’s stock valued at $4,131,000 after buying an additional 1,347 shares in the last quarter. Fortitude Family Office LLC raised its holdings in shares of Johnson Controls International by 195.8% during the 3rd quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock valued at $33,000 after buying an additional 278 shares during the period. Finally, Fidelis Capital Partners LLC acquired a new position in Johnson Controls International during the 3rd quarter worth approximately $234,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on JCI shares. JPMorgan Chase & Co. increased their price objective on shares of Johnson Controls International from $87.00 to $100.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Morgan Stanley raised their price target on shares of Johnson Controls International from $95.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. StockNews.com lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Citigroup lowered their target price on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a research note on Monday, January 13th. Finally, Oppenheimer lifted their target price on Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. Eight investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $91.13.

Insider Activity at Johnson Controls International

In related 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 completion of the transaction, the vice president now owns 148,346 shares in the company, valued at $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 is available through this hyperlink. Also, CEO George Oliver sold 205,168 shares of the company’s stock in a transaction on Friday, February 7th. The stock was 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 owns 1,260,527 shares of the company’s stock, valued at approximately $110,964,191.81. The trade was a 14.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 837,963 shares of company stock valued at $72,883,012 in the last quarter. Insiders own 0.54% of the company’s stock.

Johnson Controls International Trading Down 0.8 %

NYSE:JCI opened at $84.24 on Friday. The company has a market cap of $55.61 billion, a PE ratio of 32.15, a P/E/G ratio of 1.96 and a beta of 1.32. The business’s 50 day moving average is $82.33 and its two-hundred day moving average is $78.86. 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 plc has a 52 week low of $59.05 and a 52 week high of $91.14.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. On average, analysts predict that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were issued a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.76%. The ex-dividend date was Monday, December 23rd. Johnson Controls International’s dividend payout ratio (DPR) is presently 56.49%.

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.