Johnson Controls International plc (NYSE:JCI) Shares Acquired by LPL Financial LLC

LPL Financial LLC boosted its position in shares of Johnson Controls International plc (NYSE:JCI) by 30.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 603,057 shares of the company’s stock after buying an additional 141,880 shares during the period. LPL Financial LLC’s holdings in Johnson Controls International were worth $47,599,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in JCI. Compass Financial Services Inc purchased a new stake in shares of Johnson Controls International during the fourth quarter worth approximately $26,000. SBI Securities Co. Ltd. acquired a new stake in Johnson Controls International during the 4th quarter worth $29,000. Synergy Asset Management LLC purchased a new stake in shares of Johnson Controls International during the fourth quarter worth $42,000. ST Germain D J Co. Inc. raised its position in shares of Johnson Controls International by 32.8% in the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock valued at $43,000 after buying an additional 134 shares during the last quarter. Finally, Gables Capital Management Inc. lifted its stake in shares of Johnson Controls International by 132.0% in the fourth quarter. Gables Capital Management Inc. now owns 580 shares of the company’s stock worth $46,000 after buying an additional 330 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Stock Performance

NYSE:JCI opened at $82.23 on Friday. Johnson Controls International plc has a fifty-two week low of $59.83 and a fifty-two week high of $91.14. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.86 and a current ratio of 1.02. The company has a 50 day moving average price of $82.99 and a 200 day moving average price of $80.43. The stock has a market capitalization of $54.28 billion, a P/E ratio of 31.39, a PEG ratio of 1.96 and a beta of 1.32.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 EPS 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 EPS for the current year.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 24th will be given a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.80%. The ex-dividend date is Monday, March 24th. Johnson Controls International’s dividend payout ratio is currently 56.49%.

Analyst Ratings Changes

A number of analysts have commented on the stock. Royal Bank of Canada increased their price objective on shares of Johnson Controls International from $86.00 to $93.00 and gave the company a “sector perform” rating in a report on Thursday, February 6th. Melius cut Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price target for the company. in a report on Tuesday, January 28th. Morgan Stanley boosted their price objective on Johnson Controls International from $95.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Melius Research reaffirmed a “hold” rating and issued a $95.00 target price on shares of Johnson Controls International in a research note on Tuesday, January 28th. Finally, Citigroup lowered 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 report on Monday, January 13th. Eight investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $91.27.

Insiders Place Their Bets

In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 1,950 shares of the business’s stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $87.73, for a total value of $171,073.50. Following the completion of the transaction, the vice president now owns 24,803 shares in the company, valued at $2,175,967.19. The trade was a 7.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director George Oliver sold 15,669 shares of the company’s stock in a transaction on Friday, March 14th. The stock was sold at an average price of $77.49, for a total value of $1,214,190.81. Following the sale, the director now directly owns 1,003,893 shares in the company, valued at $77,791,668.57. This represents a 1.54 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 905,864 shares of company stock worth $77,824,710 over the last three months. Company insiders own 0.54% of the company’s stock.

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.