Peterson Wealth Services Grows Stake in Johnson Controls International plc (NYSE:JCI)

Peterson Wealth Services grew its holdings in Johnson Controls International plc (NYSE:JCI) by 1.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 19,449 shares of the company’s stock after buying an additional 258 shares during the quarter. Peterson Wealth Services’ holdings in Johnson Controls International were worth $1,535,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Compass Financial Services Inc purchased a new stake in Johnson Controls International in the 4th quarter worth approximately $26,000. Fortitude Family Office LLC lifted its stake in shares of Johnson Controls International by 195.8% in the 3rd quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock valued at $33,000 after purchasing an additional 278 shares during the period. Wolff Wiese Magana LLC lifted its stake in shares of Johnson Controls International by 977.3% in the 3rd quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock valued at $37,000 after purchasing an additional 430 shares during the period. Synergy Asset Management LLC purchased a new position in shares of Johnson Controls International in the 4th quarter valued at approximately $42,000. Finally, ST Germain D J Co. Inc. lifted its stake in shares of Johnson Controls International by 32.8% in the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock valued at $43,000 after purchasing an additional 134 shares during the period. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Up 2.1 %

Johnson Controls International stock opened at $89.47 on Tuesday. The firm has a market cap of $59.06 billion, a price-to-earnings ratio of 34.15, a PEG ratio of 2.48 and a beta of 1.32. The stock has a fifty day simple moving average of $80.93 and a two-hundred day simple moving average of $77.08. Johnson Controls International plc has a 12 month low of $54.07 and a 12 month high of $89.95. The company has a current ratio of 1.02, a quick ratio of 0.79 and a debt-to-equity ratio of 0.50.

Johnson Controls International (NYSE:JCI) last posted its earnings results on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. Equities analysts predict that Johnson Controls International plc will post 3.52 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date of this dividend was Monday, December 23rd. Johnson Controls International’s payout ratio is 56.49%.

Insider Buying and Selling

In related news, CEO George Oliver sold 110,616 shares of Johnson Controls International stock in a transaction on Friday, November 15th. The stock was sold at an average price of $84.60, for a total value of $9,358,113.60. Following the completion of the sale, the chief executive officer now owns 1,244,617 shares of the company’s stock, valued at $105,294,598.20. The trade was a 8.16 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Nathan D. Manning sold 1,421 shares of Johnson Controls International stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $76.44, for a total value of $108,621.24. Following the completion of the sale, the vice president now directly owns 148,346 shares of the company’s stock, valued at $11,339,568.24. The trade was a 0.95 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 856,326 shares of company stock valued at $72,313,086 over the last 90 days. Company insiders own 0.54% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Argus upgraded Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 target price for the company in a research note on Friday, December 20th. Citigroup lowered their target price on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a research note on Monday, January 13th. Robert W. Baird raised their target price on Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. StockNews.com cut Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Wednesday, November 20th. Finally, Melius Research reiterated a “hold” rating and set a $95.00 price objective on shares of Johnson Controls International in a research note on Tuesday, January 28th. Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $91.13.

About Johnson Controls International

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.