Trust Co. of Vermont Has $117,000 Holdings in Johnson Controls International plc (NYSE:JCI)

Trust Co. of Vermont raised its stake in Johnson Controls International plc (NYSE:JCI) by 10.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,488 shares of the company’s stock after buying an additional 140 shares during the quarter. Trust Co. of Vermont’s holdings in Johnson Controls International were worth $117,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in JCI. TrueWealth Advisors LLC acquired a new position in shares of Johnson Controls International during the 4th quarter worth about $516,000. Brooklyn Investment Group lifted its stake in Johnson Controls International by 3.1% in the fourth quarter. Brooklyn Investment Group now owns 4,444 shares of the company’s stock valued at $351,000 after acquiring an additional 135 shares during the last quarter. Sax Wealth Advisors LLC grew its position in shares of Johnson Controls International by 12.5% in the 4th quarter. Sax Wealth Advisors LLC now owns 9,486 shares of the company’s stock valued at $749,000 after acquiring an additional 1,057 shares during the period. Merit Financial Group LLC grew its position in shares of Johnson Controls International by 395.0% in the 4th quarter. Merit Financial Group LLC now owns 12,963 shares of the company’s stock valued at $1,023,000 after acquiring an additional 10,344 shares during the period. Finally, Saxon Interests Inc. increased its stake in shares of Johnson Controls International by 9.7% during the 4th quarter. Saxon Interests Inc. now owns 9,667 shares of the company’s stock worth $763,000 after purchasing an additional 855 shares during the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently commented on JCI. Wells Fargo & Company reduced their target price on Johnson Controls International from $95.00 to $92.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Bank of America upped their price objective on shares of Johnson Controls International from $80.00 to $95.00 and gave the company a “buy” rating in a report on Friday, September 27th. Royal Bank of Canada raised their target price on shares of 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. Mizuho upped their price target on shares of Johnson Controls International from $62.00 to $75.00 and gave the company a “neutral” rating in a research note on Thursday, October 17th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Johnson Controls International from $88.00 to $87.00 and set an “overweight” rating for the company in a research report on Wednesday, January 15th. Ten analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $82.53.

Johnson Controls International Stock Up 1.1 %

JCI stock opened at $81.34 on Monday. Johnson Controls International plc has a 1-year low of $52.02 and a 1-year high of $87.16. The stock has a market cap of $53.86 billion, a P/E ratio of 32.02, a P/E/G ratio of 2.20 and a beta of 1.32. The stock’s fifty day simple moving average is $81.96 and its two-hundred day simple moving average is $75.76. 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 Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were given a dividend of $0.37 per share. The ex-dividend date was Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.82%. Johnson Controls International’s dividend payout ratio is presently 58.27%.

Insider Transactions at Johnson Controls International

In related news, EVP Marlon Sullivan sold 7,230 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The shares were 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. This trade represents a 18.31 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO George Oliver sold 10,304 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $84.14, for a total value of $866,978.56. Following the sale, the chief executive officer now owns 1,166,992 shares in the company, valued at approximately $98,190,706.88. This represents a 0.88 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 647,787 shares of company stock worth $53,972,452. 0.69% of the stock is owned by company 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.