Brookwood Investment Group LLC purchased a new position in Johnson Controls International plc (NYSE:JCI – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 3,571 shares of the company’s stock, valued at approximately $428,000.
Other institutional investors have also modified their holdings of the company. Maseco LLP lifted its stake in shares of Johnson Controls International by 102.9% in the fourth quarter. Maseco LLP now owns 211 shares of the company’s stock worth $25,000 after acquiring an additional 107 shares in the last quarter. Roxbury Financial LLC lifted its stake in shares of Johnson Controls International by 71.9% in the fourth quarter. Roxbury Financial LLC now owns 239 shares of the company’s stock worth $29,000 after acquiring an additional 100 shares in the last quarter. YANKCOM Partnership acquired a new position in shares of Johnson Controls International in the fourth quarter worth about $34,000. Physician Wealth Advisors Inc. lifted its stake in shares of Johnson Controls International by 62.8% in the third quarter. Physician Wealth Advisors Inc. now owns 319 shares of the company’s stock worth $35,000 after acquiring an additional 123 shares in the last quarter. Finally, Flagship Harbor Advisors LLC acquired a new position in shares of Johnson Controls International in the fourth quarter worth about $38,000. Institutional investors and hedge funds own 90.05% of the company’s stock.
Johnson Controls International Stock Up 0.2%
Shares of Johnson Controls International stock opened at $142.19 on Friday. The company has a quick ratio of 0.81, a current ratio of 0.99 and a debt-to-equity ratio of 0.66. The firm has a market cap of $87.03 billion, a P/E ratio of 26.78, a P/E/G ratio of 1.61 and a beta of 1.39. Johnson Controls International plc has a fifty-two week low of $73.55 and a fifty-two week high of $146.49. The business has a 50-day moving average price of $136.11 and a 200 day moving average price of $122.12.
Johnson Controls International Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Monday, March 16th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, March 16th. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. Johnson Controls International’s dividend payout ratio is 30.13%.
Insider Activity
In other news, VP Daniel C. Mcconeghy sold 3,600 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $142.56, for a total transaction of $513,216.00. Following the completion of the transaction, the vice president directly owned 24,273 shares of the company’s stock, valued at approximately $3,460,358.88. This represents a 12.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mark Vergnano bought 7,665 shares of the stock in a transaction dated Thursday, February 5th. The shares were bought at an average cost of $131.94 per share, with a total value of $1,011,320.10. Following the completion of the acquisition, the director directly owned 37,602 shares of the company’s stock, valued at approximately $4,961,207.88. The trade was a 25.60% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.29% of the company’s stock.
Analyst Ratings Changes
Several research analysts recently commented on the company. Wall Street Zen upgraded Johnson Controls International from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Melius Research set a $148.00 price objective on Johnson Controls International in a report on Wednesday, January 7th. Barclays boosted their price objective on Johnson Controls International from $125.00 to $136.00 and gave the company an “equal weight” rating in a report on Thursday, February 5th. JPMorgan Chase & Co. boosted their price objective on Johnson Controls International from $138.00 to $158.00 and gave the company an “overweight” rating in a report on Friday, February 6th. Finally, Morgan Stanley boosted their price objective on Johnson Controls International from $130.00 to $140.00 and gave the company an “overweight” rating in a report on Wednesday, March 11th. Twelve research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, Johnson Controls International presently has an average rating of “Moderate Buy” and an average target price of $135.63.
Read Our Latest Research Report on Johnson Controls International
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.
Further Reading
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