State of New Jersey Common Pension Fund D Has $19.15 Million Holdings in Johnson Controls International plc (NYSE:JCI)

State of New Jersey Common Pension Fund D trimmed its position in shares of Johnson Controls International plc (NYSE:JCI) by 0.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 246,746 shares of the company’s stock after selling 696 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Johnson Controls International were worth $19,150,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. M&G Plc acquired a new stake in Johnson Controls International in the first quarter valued at approximately $120,948,000. Cetera Investment Advisers boosted its holdings in Johnson Controls International by 470.9% in the first quarter. Cetera Investment Advisers now owns 157,980 shares of the company’s stock worth $10,319,000 after purchasing an additional 130,308 shares in the last quarter. Epoch Investment Partners Inc. increased its position in Johnson Controls International by 0.9% during the first quarter. Epoch Investment Partners Inc. now owns 1,129,418 shares of the company’s stock worth $73,774,000 after buying an additional 10,146 shares during the last quarter. International Assets Investment Management LLC bought a new position in Johnson Controls International during the third quarter valued at about $7,692,000. Finally, Orion Portfolio Solutions LLC lifted its position in shares of Johnson Controls International by 15.8% in the first quarter. Orion Portfolio Solutions LLC now owns 27,191 shares of the company’s stock worth $1,776,000 after buying an additional 3,717 shares during the last quarter. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Price Performance

NYSE:JCI traded up $2.71 during mid-day trading on Friday, reaching $84.62. 4,392,978 shares of the company were exchanged, compared to its average volume of 3,558,225. The company has a quick ratio of 0.73, a current ratio of 0.94 and a debt-to-equity ratio of 0.46. The stock has a market cap of $56.53 billion, a PE ratio of 33.31, a PEG ratio of 2.46 and a beta of 1.29. Johnson Controls International plc has a 12 month low of $50.00 and a 12 month high of $84.79. The company has a fifty day moving average of $75.32 and a 200 day moving average of $70.98.

Johnson Controls International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 18th. Investors of record on Wednesday, September 25th were issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date of this dividend was Wednesday, September 25th. Johnson Controls International’s dividend payout ratio is currently 58.27%.

Insider Buying and Selling

In other news, COO Nathan D. Manning sold 1,167 shares of Johnson Controls International stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $72.75, for a total value of $84,899.25. Following the completion of the sale, the chief operating officer now directly owns 143,488 shares of the company’s stock, valued at approximately $10,438,752. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CEO George Oliver sold 110,615 shares of the stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $72.67, for a total value of $8,038,392.05. Following the transaction, the chief executive officer now directly owns 1,243,751 shares in the company, valued at $90,383,385.17. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Nathan D. Manning sold 1,167 shares of Johnson Controls International stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $72.75, for a total transaction of $84,899.25. Following the sale, the chief operating officer now directly owns 143,488 shares of the company’s stock, valued at $10,438,752. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 226,141 shares of company stock worth $16,904,519 in the last quarter. Insiders own 0.69% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on JCI shares. Mizuho increased their price target on Johnson Controls International from $62.00 to $75.00 and gave the company a “neutral” rating in a report on Thursday, October 17th. StockNews.com upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating in a research note on Monday, November 4th. Barclays raised their price objective on shares of Johnson Controls International from $62.00 to $64.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 2nd. Wells Fargo & Company upped their target price on shares of Johnson Controls International from $84.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday. Finally, The Goldman Sachs Group raised their price target on shares of Johnson Controls International from $73.00 to $81.00 and gave the stock a “buy” rating in a research note on Friday, August 2nd. Eleven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $75.64.

Johnson Controls International 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.