Resonant Capital Advisors LLC Increases Position in Johnson Controls International plc (NYSE:JCI)

Resonant Capital Advisors LLC raised its position in shares of Johnson Controls International plc (NYSE:JCI) by 11.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 3,416 shares of the company’s stock after buying an additional 342 shares during the period. Resonant Capital Advisors LLC’s holdings in Johnson Controls International were worth $271,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Metis Global Partners LLC lifted its position in Johnson Controls International by 0.4% during the 3rd quarter. Metis Global Partners LLC now owns 28,446 shares of the company’s stock worth $2,208,000 after acquiring an additional 127 shares during the period. Gilbert & Cook Inc. raised its stake in shares of Johnson Controls International by 2.0% during the fourth quarter. Gilbert & Cook Inc. now owns 6,458 shares of the company’s stock worth $510,000 after purchasing an additional 127 shares during the last quarter. Graypoint LLC lifted its holdings in shares of Johnson Controls International by 4.1% during the fourth quarter. Graypoint LLC now owns 3,277 shares of the company’s stock worth $259,000 after purchasing an additional 130 shares during the period. ST Germain D J Co. Inc. grew its position in 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 buying an additional 134 shares during the last quarter. Finally, Brooklyn Investment Group increased its stake in Johnson Controls International by 3.1% in the 4th quarter. Brooklyn Investment Group now owns 4,444 shares of the company’s stock valued at $351,000 after buying an additional 135 shares during the period. 90.05% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, EVP Marlon Sullivan sold 7,230 shares of the company’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total value of $602,620.50. Following the transaction, the executive vice president now directly owns 32,246 shares in the company, valued at approximately $2,687,704.10. This represents a 18.31 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO George Oliver sold 110,616 shares of the firm’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $84.60, for a total transaction of $9,358,113.60. Following the sale, the chief executive officer now directly owns 1,244,617 shares in the company, valued at $105,294,598.20. This represents a 8.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 647,787 shares of company stock worth $53,972,452. 0.54% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts have recently weighed in on JCI shares. UBS Group began coverage on shares of Johnson Controls International in a report on Wednesday, November 13th. They issued a “neutral” rating and a $90.00 target price on the stock. Citigroup dropped their target price on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating on the stock in a research report on Monday, January 13th. Wells Fargo & Company reduced their price target on Johnson Controls International from $95.00 to $92.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. StockNews.com lowered Johnson Controls International from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Finally, Melius Research reissued a “hold” rating and issued a $95.00 target price on shares of Johnson Controls International in a report on Tuesday, January 28th. Nine investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Johnson Controls International currently has a consensus rating of “Hold” and an average target price of $87.20.

Johnson Controls International Stock Performance

Shares of JCI opened at $76.97 on Tuesday. Johnson Controls International plc has a 12-month low of $52.79 and a 12-month high of $87.16. The stock has a market cap of $50.81 billion, a P/E ratio of 30.30, a PEG ratio of 2.24 and a beta of 1.32. The company has a current ratio of 0.94, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46. The company has a 50-day moving average of $80.97 and a two-hundred day moving average of $76.58.

Johnson Controls International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date was Monday, December 23rd. Johnson Controls International’s payout ratio is currently 58.27%.

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.