Johnson Controls International plc (NYSE:JCI) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its stake in shares of Johnson Controls International plc (NYSE:JCI) by 2.4% in the fourth quarter, HoldingsChannel reports. The firm owned 4,053,831 shares of the company’s stock after purchasing an additional 94,948 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Johnson Controls International were worth $319,969,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC grew its position in shares of Johnson Controls International by 11.2% during the third quarter. Farther Finance Advisors LLC now owns 6,409 shares of the company’s stock worth $497,000 after acquiring an additional 648 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its position in Johnson Controls International by 384.9% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 244,289 shares of the company’s stock worth $18,959,000 after purchasing an additional 193,913 shares during the last quarter. Mn Services Vermogensbeheer B.V. increased its stake in shares of Johnson Controls International by 2.6% in the third quarter. Mn Services Vermogensbeheer B.V. now owns 117,500 shares of the company’s stock valued at $9,119,000 after purchasing an additional 3,000 shares during the period. NorthRock Partners LLC raised its holdings in shares of Johnson Controls International by 10.2% during the third quarter. NorthRock Partners LLC now owns 3,869 shares of the company’s stock valued at $300,000 after buying an additional 357 shares during the last quarter. Finally, Austin Private Wealth LLC acquired a new position in shares of Johnson Controls International during the third quarter worth approximately $201,000. 90.05% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently commented on the company. Morgan Stanley raised their target price on Johnson Controls International from $95.00 to $105.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Melius Research reissued a “hold” rating and set a $95.00 price target on shares of Johnson Controls International in a report on Tuesday, January 28th. Oppenheimer upped 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. Barclays raised their target price on shares of Johnson Controls International from $75.00 to $83.00 and gave the company an “equal weight” rating in a research note on Thursday, December 5th. Finally, Melius lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price target for the company. in a research note on Tuesday, January 28th. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $91.13.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, CEO George Oliver sold 129,263 shares of the firm’s stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $83.55, for a total value of $10,799,923.65. Following the completion of the transaction, the chief executive officer now directly owns 1,203,893 shares in the company, valued at $100,585,260.15. This trade represents a 9.70 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Marlon Sullivan sold 7,230 shares of Johnson Controls International 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. This trade represents a 18.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 837,777 shares of company stock worth $72,867,455 in the last quarter. 0.54% of the stock is owned by company insiders.

Johnson Controls International Stock Up 1.7 %

JCI stock opened at $82.29 on Thursday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. The firm has a market cap of $54.32 billion, a PE ratio of 31.41, a P/E/G ratio of 1.96 and a beta of 1.32. Johnson Controls International plc has a 12 month low of $59.83 and a 12 month high of $91.14. The firm has a 50 day simple moving average of $82.50 and a 200 day simple moving average of $79.34.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, topping 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%. Equities research analysts forecast that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

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.