Johnson Controls International plc (NYSE:JCI) Stock Holdings Lifted by Apollon Wealth Management LLC

Apollon Wealth Management LLC raised its stake in Johnson Controls International plc (NYSE:JCI) by 21.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,977 shares of the company’s stock after buying an additional 3,554 shares during the period. Apollon Wealth Management LLC’s holdings in Johnson Controls International were worth $1,550,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of JCI. Fortitude Family Office LLC increased its holdings in shares of Johnson Controls International by 195.8% in the third quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock valued at $33,000 after buying an additional 278 shares in the last quarter. Continuum Advisory LLC raised its stake in Johnson Controls International by 65.2% during the 2nd quarter. Continuum Advisory LLC now owns 527 shares of the company’s stock valued at $35,000 after purchasing an additional 208 shares during the period. Wolff Wiese Magana LLC raised its stake in Johnson Controls International by 977.3% during 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. Western Pacific Wealth Management LP acquired a new stake in Johnson Controls International during the 3rd quarter valued at $44,000. Finally, Hexagon Capital Partners LLC raised its stake in Johnson Controls International by 39.7% during the 2nd quarter. Hexagon Capital Partners LLC now owns 711 shares of the company’s stock valued at $47,000 after purchasing an additional 202 shares during the period. Institutional investors own 90.05% of the company’s stock.

Insider Buying and Selling at Johnson Controls International

In related news, COO Nathan D. Manning sold 1,167 shares of the stock in a transaction dated Tuesday, September 3rd. The shares were 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 approximately $10,438,752. This trade represents a 0.81 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO George Oliver sold 110,615 shares of the stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $76.79, for a total transaction of $8,494,125.85. Following the completion of the sale, the chief executive officer now owns 1,243,751 shares of the company’s stock, valued at approximately $95,507,639.29. The trade was a 8.17 % 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 over the last ninety days. Company insiders own 0.69% of the company’s stock.

Johnson Controls International Stock Down 0.7 %

JCI stock opened at $85.12 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.79. Johnson Controls International plc has a 52-week low of $51.40 and a 52-week high of $87.16. The company has a 50-day moving average of $76.20 and a two-hundred day moving average of $71.42. The stock has a market capitalization of $56.86 billion, a price-to-earnings ratio of 33.51, a price-to-earnings-growth ratio of 2.38 and a beta of 1.29.

Johnson Controls International Dividend Announcement

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

Analyst Upgrades and Downgrades

Several analysts have issued reports on JCI shares. Barclays boosted their target price on shares of Johnson Controls International from $62.00 to $64.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 2nd. Bank of America boosted their target price on shares of Johnson Controls International from $80.00 to $95.00 and gave the company a “buy” rating in a research note on Friday, September 27th. UBS Group initiated coverage on shares of Johnson Controls International in a research note on Wednesday. They issued a “neutral” rating and a $90.00 price target on the stock. Morgan Stanley initiated coverage on shares of Johnson Controls International in a research note on Friday, September 6th. They issued an “overweight” rating and a $85.00 price target on the stock. Finally, The Goldman Sachs Group upped 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. Twelve investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, Johnson Controls International currently has an average rating of “Hold” and an average price target of $77.21.

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.