Oppenheimer & Co. Inc. Acquires 12,007 Shares of Johnson Controls International plc (NYSE:JCI)

Oppenheimer & Co. Inc. boosted its holdings in Johnson Controls International plc (NYSE:JCI) by 14.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 94,975 shares of the company’s stock after acquiring an additional 12,007 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Johnson Controls International were worth $7,496,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Johnson Controls International by 514.9% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company’s stock worth $418,439,000 after buying an additional 4,514,792 shares in the last quarter. Fisher Asset Management LLC grew its position in Johnson Controls International by 3.4% in the third quarter. Fisher Asset Management LLC now owns 15,295,506 shares of the company’s stock valued at $1,187,084,000 after acquiring an additional 509,293 shares during the period. Janney Montgomery Scott LLC acquired a new position in Johnson Controls International during the fourth quarter worth $32,609,000. Robeco Schweiz AG bought a new position in shares of Johnson Controls International during the fourth quarter valued at $29,160,000. Finally, Worldquant Millennium Advisors LLC acquired a new stake in shares of Johnson Controls International in the 3rd quarter valued at $25,065,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Analysts Set New Price Targets

JCI has been the subject of a number of recent analyst reports. Argus upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 target price for the company in a research report on Friday, December 20th. Robert W. Baird raised their price objective on shares of Johnson Controls International from $80.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Oppenheimer increased their price target on Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. JPMorgan Chase & Co. raised their price target on Johnson Controls International from $87.00 to $100.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Finally, UBS Group raised Johnson Controls International from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $90.00 to $103.00 in a research note on Monday, February 10th. Eight analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $91.13.

Insider Transactions at Johnson Controls International

In other news, VP Daniel C. Mcconeghy sold 1,950 shares of the company’s stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $87.73, for a total value of $171,073.50. Following the completion of the sale, the vice president now directly owns 24,803 shares of the company’s stock, valued at $2,175,967.19. This represents a 7.29 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO George Oliver sold 129,263 shares of Johnson Controls International stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $83.55, for a total transaction of $10,799,923.65. Following the transaction, the chief executive officer now directly owns 1,203,893 shares in the company, valued at $100,585,260.15. The trade was a 9.70 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 837,963 shares of company stock worth $72,883,012 in the last three months. Insiders own 0.54% of the company’s stock.

Johnson Controls International Price Performance

Shares of JCI stock opened at $84.24 on Friday. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. Johnson Controls International plc has a 12 month low of $59.05 and a 12 month high of $91.14. The firm has a market cap of $55.61 billion, a price-to-earnings ratio of 32.15, a PEG ratio of 1.96 and a beta of 1.32. The stock has a 50-day moving average price of $82.33 and a 200 day moving average price of $78.86.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. Research analysts expect that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date was Monday, December 23rd. Johnson Controls International’s dividend payout ratio (DPR) is currently 56.49%.

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.