Johnson Controls International plc (NYSE:JCI) Shares Purchased by LRI Investments LLC

LRI Investments LLC grew its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 49.7% during the third quarter, Holdings Channel reports. The firm owned 4,455 shares of the company’s stock after purchasing an additional 1,479 shares during the quarter. LRI Investments LLC’s holdings in Johnson Controls International were worth $379,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. RFG Advisory LLC lifted its holdings in Johnson Controls International by 17.6% during the 2nd quarter. RFG Advisory LLC now owns 3,996 shares of the company’s stock worth $266,000 after buying an additional 599 shares in the last quarter. Wedmont Private Capital boosted its holdings in Johnson Controls International by 3.1% in the second quarter. Wedmont Private Capital now owns 6,440 shares of the company’s stock valued at $451,000 after purchasing an additional 192 shares during the period. Friedenthal Financial acquired a new position in Johnson Controls International during the 2nd quarter worth $47,000. Wealth Enhancement Advisory Services LLC raised its position in Johnson Controls International by 9.7% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 51,878 shares of the company’s stock valued at $3,448,000 after purchasing an additional 4,601 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in shares of Johnson Controls International by 1.3% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 90,487 shares of the company’s stock valued at $6,015,000 after buying an additional 1,173 shares during the period. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Trading Down 0.5 %

Shares of Johnson Controls International stock opened at $83.94 on Tuesday. The company’s fifty day moving average is $80.04 and its two-hundred day moving average is $73.61. Johnson Controls International plc has a 1 year low of $51.70 and a 1 year high of $87.16. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 0.94. The company has a market capitalization of $55.58 billion, a P/E ratio of 33.05, a PEG ratio of 2.35 and a beta of 1.31.

Johnson Controls International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Monday, December 23rd will be given a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.76%. The ex-dividend date of this dividend is Monday, December 23rd. Johnson Controls International’s dividend payout ratio (DPR) is presently 58.27%.

Analysts Set New Price Targets

Several brokerages recently weighed in on JCI. UBS Group began coverage on shares of Johnson Controls International in a report on Wednesday, November 13th. They issued a “neutral” rating and a $90.00 target price on the stock. Mizuho boosted their target price on shares of Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a research note on Thursday, October 17th. Oppenheimer raised their price target on Johnson Controls International from $86.00 to $87.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Bank of America upped their price objective on Johnson Controls International from $80.00 to $95.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. Finally, Barclays raised their target price on Johnson Controls International from $75.00 to $83.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 5th. Twelve equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $78.57.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, COO Nathan D. Manning sold 3,000 shares of the company’s stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $77.08, for a total transaction of $231,240.00. Following the completion of the transaction, the chief operating officer now owns 140,488 shares in the company, valued at approximately $10,828,815.04. This represents a 2.09 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO George Oliver sold 110,615 shares of Johnson Controls International stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $72.67, for a total transaction of $8,038,392.05. Following the completion of the sale, the chief executive officer now directly owns 1,243,751 shares in the company, valued at approximately $90,383,385.17. The trade was a 8.17 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 740,662 shares of company stock worth $59,869,133 over the last 90 days. 0.69% of the stock is currently owned by insiders.

Johnson Controls International Company 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.