5,829 Shares in Johnson Controls International plc (NYSE:JCI) Bought by Whalen Wealth Management Inc.

Whalen Wealth Management Inc. purchased a new stake in Johnson Controls International plc (NYSE:JCI) during the 4th quarter, Holdings Channel.com reports. The fund purchased 5,829 shares of the company’s stock, valued at approximately $460,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Park Avenue Securities LLC lifted its position in shares of Johnson Controls International by 101.5% during the 4th quarter. Park Avenue Securities LLC now owns 26,517 shares of the company’s stock worth $2,093,000 after buying an additional 13,360 shares during the period. Y Intercept Hong Kong Ltd raised its stake in Johnson Controls International by 136.8% during the third quarter. Y Intercept Hong Kong Ltd now owns 91,248 shares of the company’s stock worth $7,082,000 after acquiring an additional 52,719 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Johnson Controls International by 0.5% during the third quarter. Geode Capital Management LLC now owns 13,475,260 shares of the company’s stock valued at $1,041,822,000 after acquiring an additional 71,493 shares during the period. BNC Wealth Management LLC acquired a new stake in shares of Johnson Controls International in the 4th quarter valued at $2,093,000. Finally, International Assets Investment Management LLC bought a new stake in shares of Johnson Controls International in the 3rd quarter worth about $7,692,000. Institutional investors own 90.05% of the company’s stock.

Analysts Set New Price Targets

JCI has been the topic of a number of recent analyst reports. StockNews.com lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th. Citigroup reduced their target price on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating on the stock in a report on Monday, January 13th. Wells Fargo & Company dropped their price target on Johnson Controls International from $95.00 to $92.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Royal Bank of Canada boosted their price objective on Johnson Controls International from $81.00 to $86.00 and gave the stock a “sector perform” rating in a research note on Thursday, November 7th. Finally, Bank of America increased their target price on Johnson Controls International from $80.00 to $95.00 and gave the stock a “buy” rating in a report on Friday, September 27th. Ten research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $82.53.

Insider Buying and Selling

In other Johnson Controls International news, EVP Marlon Sullivan sold 7,230 shares of the business’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $83.35, for a total value of $602,620.50. Following the completion of the transaction, the executive vice president now directly owns 32,246 shares of the company’s stock, valued at approximately $2,687,704.10. The trade was a 18.31 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO George Oliver sold 224,152 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $82.72, for a total value of $18,541,853.44. Following the sale, the chief executive officer now directly owns 1,166,992 shares in the company, valued at approximately $96,533,578.24. This represents a 16.11 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 647,787 shares of company stock valued at $53,972,452 in the last 90 days. 0.69% of the stock is owned by insiders.

Johnson Controls International Trading Down 0.4 %

NYSE:JCI opened at $82.13 on Thursday. The company has a current ratio of 0.94, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46. Johnson Controls International plc has a 1-year low of $52.02 and a 1-year high of $87.16. The firm has a market capitalization of $54.38 billion, a price-to-earnings ratio of 32.33, a PEG ratio of 2.36 and a beta of 1.32. The business’s 50-day moving average price is $81.73 and its two-hundred day moving average price is $76.08.

Johnson Controls International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were given a $0.37 dividend. The ex-dividend date was Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.80%. Johnson Controls International’s dividend payout ratio is 58.27%.

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.