Crossmark Global Holdings Inc. Acquires 3,051 Shares of Johnson Controls International plc (NYSE:JCI)

Crossmark Global Holdings Inc. lifted its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 9.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,777 shares of the company’s stock after purchasing an additional 3,051 shares during the period. Crossmark Global Holdings Inc.’s holdings in Johnson Controls International were worth $2,622,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. Capital World Investors raised its stake in shares of Johnson Controls International by 85.5% during the 1st quarter. Capital World Investors now owns 14,142,736 shares of the company’s stock worth $923,804,000 after purchasing an additional 6,520,580 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Johnson Controls International by 8.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,855,075 shares of the company’s stock worth $389,214,000 after purchasing an additional 479,548 shares during the period. Raymond James & Associates raised its stake in shares of Johnson Controls International by 5.6% during the 3rd quarter. Raymond James & Associates now owns 4,735,147 shares of the company’s stock worth $367,495,000 after purchasing an additional 249,405 shares during the period. Barrow Hanley Mewhinney & Strauss LLC raised its stake in Johnson Controls International by 686.4% in the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,445,418 shares of the company’s stock valued at $295,487,000 after acquiring an additional 3,880,146 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in Johnson Controls International by 2.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,401,984 shares of the company’s stock valued at $159,660,000 after acquiring an additional 59,274 shares during the period. 90.05% of the stock is currently owned by institutional investors.

Johnson Controls International Stock Down 1.7 %

Shares of NYSE JCI opened at $85.16 on Wednesday. Johnson Controls International plc has a 12 month low of $50.60 and a 12 month high of $87.16. The company has a current ratio of 0.94, a quick ratio of 0.73 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $56.89 billion, a price-to-earnings ratio of 33.53, a PEG ratio of 2.46 and a beta of 1.29. The business has a 50-day moving average of $75.60 and a 200-day moving average of $71.18.

Johnson Controls International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th were issued a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.74%. The ex-dividend date was Wednesday, September 25th. Johnson Controls International’s payout ratio is 58.27%.

Insider Transactions at Johnson Controls International

In other news, CEO George Oliver sold 110,615 shares of the business’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $72.67, for a total transaction of $8,038,392.05. Following the completion of the transaction, the chief executive officer now owns 1,243,751 shares of the company’s stock, valued at approximately $90,383,385.17. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, COO Nathan D. Manning sold 1,167 shares of the business’s stock in a transaction that occurred 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 owns 143,488 shares in the company, valued at $10,438,752. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO George Oliver sold 110,615 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $72.67, for a total value of $8,038,392.05. Following the completion of the sale, the chief executive officer now owns 1,243,751 shares of the company’s stock, valued at $90,383,385.17. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 226,141 shares of company stock valued at $16,904,519. 0.69% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages recently issued reports on JCI. Bank of America boosted their price objective on Johnson Controls International from $80.00 to $95.00 and gave the company a “buy” rating in a research note on Friday, September 27th. Robert W. Baird boosted their price objective 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. Oppenheimer boosted their price objective 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. Royal Bank of Canada boosted their price objective on Johnson Controls International from $81.00 to $86.00 and gave the company a “sector perform” rating in a research note on Thursday, November 7th. Finally, Morgan Stanley assumed coverage on Johnson Controls International in a report on Friday, September 6th. They set an “overweight” rating and a $85.00 target price for the company. Twelve investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Johnson Controls International presently has an average rating of “Hold” and an average target price of $75.64.

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.