Peterson Wealth Services raised its position in Johnson Controls International plc (NYSE:JCI – Free Report) by 146.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 50,584 shares of the company’s stock after buying an additional 30,087 shares during the quarter. Johnson Controls International comprises about 1.3% of Peterson Wealth Services’ portfolio, making the stock its 17th largest position. Peterson Wealth Services’ holdings in Johnson Controls International were worth $5,562,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in JCI. Fulton Bank N.A. lifted its stake in Johnson Controls International by 0.7% during the third quarter. Fulton Bank N.A. now owns 12,645 shares of the company’s stock worth $1,390,000 after purchasing an additional 91 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of Johnson Controls International by 12.6% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 860 shares of the company’s stock worth $95,000 after buying an additional 96 shares during the last quarter. Gilbert & Cook Inc. boosted its stake in Johnson Controls International by 1.5% in the second quarter. Gilbert & Cook Inc. now owns 6,769 shares of the company’s stock valued at $715,000 after buying an additional 97 shares in the last quarter. Nwam LLC grew its position in Johnson Controls International by 1.1% in the second quarter. Nwam LLC now owns 9,141 shares of the company’s stock valued at $951,000 after acquiring an additional 97 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its stake in Johnson Controls International by 2.0% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 5,155 shares of the company’s stock worth $567,000 after acquiring an additional 99 shares in the last quarter. Institutional investors own 90.05% of the company’s stock.
Johnson Controls International Price Performance
Shares of NYSE:JCI opened at $123.05 on Tuesday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.76 and a current ratio of 0.93. Johnson Controls International plc has a 52 week low of $68.03 and a 52 week high of $124.07. The firm has a market cap of $75.32 billion, a PE ratio of 24.18, a price-to-earnings-growth ratio of 1.43 and a beta of 1.43. The firm’s fifty day moving average is $116.66 and its 200-day moving average is $112.07.
Johnson Controls International Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Monday, December 22nd were issued a $0.40 dividend. The ex-dividend date was Monday, December 22nd. This represents a $1.60 annualized dividend and a yield of 1.3%. Johnson Controls International’s dividend payout ratio is presently 31.43%.
Analyst Upgrades and Downgrades
JCI has been the topic of a number of research analyst reports. Robert W. Baird reduced their price target on shares of Johnson Controls International from $126.00 to $124.00 and set a “neutral” rating on the stock in a research note on Monday, January 26th. Citigroup raised their target price on shares of Johnson Controls International from $112.00 to $119.00 and gave the company a “neutral” rating in a research report on Thursday, October 9th. Mizuho upped their price target on shares of Johnson Controls International from $105.00 to $120.00 and gave the stock a “neutral” rating in a report on Thursday, November 6th. Royal Bank Of Canada increased their price target on Johnson Controls International from $116.00 to $135.00 and gave the company a “sector perform” rating in a research note on Thursday, November 6th. Finally, UBS Group restated a “buy” rating and set a $124.00 price objective on shares of Johnson Controls International in a research report on Thursday, November 6th. Eleven research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $126.61.
Check Out Our Latest Stock Analysis on JCI
Insiders Place Their Bets
In other Johnson Controls International news, VP Lei Zhang Schlitz sold 32,031 shares of the firm’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $113.20, for a total transaction of $3,625,909.20. Following the completion of the transaction, the vice president owned 66,780 shares in the company, valued at approximately $7,559,496. This trade represents a 32.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.29% of the company’s stock.
Johnson Controls International Company Profile
Johnson Controls International plc is a global diversified technology and multi‑industrial company that develops products, services and solutions for buildings and energy storage. The company’s core focus is on improving building efficiency, safety and sustainability through a combination of HVAC equipment, building controls and automation, fire and security systems, and related services. Johnson Controls traces its roots to 1885, when inventor Warren S. Johnson developed an electric room thermostat; over its long history the company has expanded from controls into a broad set of building‑related technologies and, through corporate transactions, into a global provider of integrated building solutions.
Johnson Controls’ product and service portfolio includes heating, ventilation and air‑conditioning equipment, chillers, air handlers and related mechanical systems, together with building automation and control platforms that monitor and manage energy use, indoor environmental quality and security.
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