Harrell Investment Partners LLC Has $3.64 Million Stock Holdings in Johnson Controls International plc (NYSE:JCI)

Harrell Investment Partners LLC lifted its position in Johnson Controls International plc (NYSE:JCI) by 10.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 46,107 shares of the company’s stock after buying an additional 4,301 shares during the quarter. Harrell Investment Partners LLC’s holdings in Johnson Controls International were worth $3,639,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Fortitude Family Office LLC lifted its stake 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 worth $33,000 after buying an additional 278 shares during the last quarter. Wolff Wiese Magana LLC increased its position in Johnson Controls International by 977.3% during the third quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock worth $37,000 after acquiring an additional 430 shares during the period. ST Germain D J Co. Inc. increased its position in Johnson Controls International by 32.8% during the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock worth $43,000 after acquiring an additional 134 shares during the period. Western Pacific Wealth Management LP bought a new position in Johnson Controls International during the third quarter worth $44,000. Finally, Friedenthal Financial bought a new position in Johnson Controls International during the fourth quarter worth $49,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Johnson Controls International Stock Down 0.5 %

Shares of NYSE:JCI opened at $81.65 on Friday. Johnson Controls International plc has a 52 week low of $52.02 and a 52 week high of $87.16. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 0.94. The company’s fifty day moving average is $81.62 and its 200-day moving average is $76.22. The company has a market capitalization of $53.90 billion, a PE ratio of 32.14, a P/E/G ratio of 2.35 and a beta of 1.32.

Johnson Controls International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 17th. Investors 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 annualized dividend and a yield of 1.81%. Johnson Controls International’s dividend payout ratio (DPR) is 58.27%.

Insider Buying and Selling

In related news, CEO George Oliver sold 110,616 shares of the company’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $84.60, for a total transaction of $9,358,113.60. Following the transaction, the chief executive officer now owns 1,244,617 shares in the company, valued at $105,294,598.20. This represents a 8.16 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Marlon Sullivan sold 7,230 shares of the company’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $83.35, for a total transaction of $602,620.50. Following the transaction, the executive vice president now owns 32,246 shares in the company, valued at approximately $2,687,704.10. This trade represents a 18.31 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 647,787 shares of company stock worth $53,972,452 in the last 90 days. Corporate insiders own 0.69% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on JCI. UBS Group began coverage on shares of Johnson Controls International in a research report on Wednesday, November 13th. They set a “neutral” rating and a $90.00 target price on the stock. StockNews.com lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Oppenheimer boosted their price target on shares of Johnson Controls International from $86.00 to $87.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Robert W. Baird boosted their price target on shares of Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. Finally, Royal Bank of Canada boosted their price target on shares of Johnson Controls International from $81.00 to $86.00 and gave the company a “sector perform” rating in a report on Thursday, November 7th. Ten equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $82.53.

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.