Achmea Investment Management B.V. boosted its stake in shares of Johnson Controls International plc (NYSE:JCI – Free Report) by 2,016.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 71,214 shares of the company’s stock after purchasing an additional 67,850 shares during the period. Achmea Investment Management B.V.’s holdings in Johnson Controls International were worth $7,830,000 as of its most recent filing with the SEC.
Other large investors have also recently added to or reduced their stakes in the company. Physician Wealth Advisors Inc. boosted its holdings in Johnson Controls International by 62.8% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 319 shares of the company’s stock valued at $35,000 after purchasing an additional 123 shares during the period. Elevation Point Wealth Partners LLC acquired a new stake in shares of Johnson Controls International in the 2nd quarter valued at approximately $34,000. Dunhill Financial LLC grew its stake in shares of Johnson Controls International by 123.3% during the third quarter. Dunhill Financial LLC now owns 335 shares of the company’s stock worth $37,000 after buying an additional 185 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in Johnson Controls International during the 2nd quarter worth $42,000. Finally, Motco grew its holdings in Johnson Controls International by 88.9% during the 3rd quarter. Motco now owns 425 shares of the company’s stock worth $47,000 after acquiring an additional 200 shares during the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.
Johnson Controls International Stock Up 0.9%
Shares of NYSE JCI opened at $133.70 on Thursday. The company has a market cap of $81.83 billion, a price-to-earnings ratio of 25.18, a PEG ratio of 1.50 and a beta of 1.38. The firm’s fifty day moving average is $129.43 and its 200 day moving average is $118.93. The company has a quick ratio of 0.81, a current ratio of 0.99 and a debt-to-equity ratio of 0.66. Johnson Controls International plc has a 52 week low of $68.03 and a 52 week high of $146.49.
Johnson Controls International Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Monday, March 16th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $1.60 annualized dividend and a dividend yield of 1.2%. Johnson Controls International’s dividend payout ratio (DPR) is 30.13%.
Wall Street Analysts Forecast Growth
JCI has been the topic of several recent analyst reports. Wall Street Zen upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Melius Research set a $148.00 price objective on Johnson Controls International in a research note on Wednesday, January 7th. Mizuho lifted their target price on shares of Johnson Controls International from $120.00 to $130.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Morgan Stanley upped their price objective on Johnson Controls International from $130.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday, March 11th. Finally, Rothschild & Co Redburn increased their target price on shares of Johnson Controls International from $137.00 to $150.00 and gave the stock a “buy” rating in a research report on Monday, February 9th. Twelve investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $135.53.
Get Our Latest Stock Analysis on JCI
Insider Transactions at Johnson Controls International
In other news, Director Mark Vergnano purchased 7,665 shares of the company’s stock in a transaction dated Thursday, February 5th. The shares were purchased at an average cost of $131.94 per share, for a total transaction of $1,011,320.10. Following the purchase, the director directly owned 37,602 shares in the company, valued at approximately $4,961,207.88. This represents a 25.60% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP Daniel C. Mcconeghy sold 3,600 shares of the firm’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $142.56, for a total value of $513,216.00. Following the completion of the transaction, the vice president directly owned 24,273 shares in the company, valued at $3,460,358.88. The trade was a 12.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company 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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