Allspring Global Investments Holdings LLC lifted its position in shares of Johnson Controls International plc (NYSE:JCI – Free Report) by 0.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,541,483 shares of the company’s stock after acquiring an additional 4,332 shares during the period. Allspring Global Investments Holdings LLC owned approximately 0.25% of Johnson Controls International worth $188,539,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also added to or reduced their stakes in the company. Roxbury Financial LLC lifted its position in shares of Johnson Controls International by 71.9% during the 4th quarter. Roxbury Financial LLC now owns 239 shares of the company’s stock worth $29,000 after buying an additional 100 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in Johnson Controls International in the second quarter valued at about $34,000. Physician Wealth Advisors Inc. grew its position in Johnson Controls International by 62.8% in the third quarter. Physician Wealth Advisors Inc. now owns 319 shares of the company’s stock valued at $35,000 after acquiring an additional 123 shares during the last quarter. Dunhill Financial LLC raised its stake in 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 acquiring an additional 185 shares in the last quarter. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in Johnson Controls International during the second quarter worth about $42,000. 90.05% of the stock is owned by institutional investors.
Johnson Controls International Stock Performance
NYSE JCI opened at $126.46 on Tuesday. The company has a market capitalization of $77.40 billion, a price-to-earnings ratio of 23.82, a PEG ratio of 1.48 and a beta of 1.38. 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 twelve month low of $68.03 and a twelve month high of $146.49. The stock has a fifty day simple moving average of $132.61 and a 200 day simple moving average of $120.47.
Johnson Controls International Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Monday, March 16th will be issued a $0.40 dividend. The ex-dividend date is Monday, March 16th. This represents a $1.60 annualized dividend and a yield of 1.3%. Johnson Controls International’s dividend payout ratio is presently 30.13%.
Insider Buying and Selling at Johnson Controls International
In other news, Director Mark Vergnano purchased 7,665 shares of the stock in a transaction on Thursday, February 5th. The stock was purchased at an average price of $131.94 per share, for a total transaction of $1,011,320.10. Following the acquisition, the director owned 37,602 shares in the company, valued at $4,961,207.88. This trade represents a 25.60% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Todd M. Grabowski sold 6,050 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $134.90, for a total transaction of $816,145.00. Following the completion of the transaction, the vice president owned 34,836 shares in the company, valued at $4,699,376.40. This trade represents a 14.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.29% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on JCI shares. Rothschild & Co Redburn raised their price target on shares of Johnson Controls International from $137.00 to $150.00 and gave the company a “buy” rating in a research note on Monday, February 9th. Robert W. Baird set a $132.00 price objective on shares of Johnson Controls International in a research report on Thursday, February 5th. Mizuho raised their target price on shares of Johnson Controls International from $120.00 to $130.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Royal Bank Of Canada boosted their target price on shares of Johnson Controls International from $135.00 to $140.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 5th. Finally, Wall Street Zen upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Twelve analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $135.53.
Read Our Latest 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.
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