GWN Securities Inc. Takes Position in Johnson Controls International plc (NYSE:JCI)

GWN Securities Inc. purchased a new stake in Johnson Controls International plc (NYSE:JCI) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,212 shares of the company’s stock, valued at approximately $262,000.

Other institutional investors also recently modified their holdings of the company. State Street Corp increased its position in shares of Johnson Controls International by 1.1% in the third quarter. State Street Corp now owns 27,939,766 shares of the company’s stock valued at $2,178,595,000 after acquiring an additional 300,712 shares during the last quarter. Fisher Asset Management LLC increased its position in shares of Johnson Controls International by 2.9% in the fourth quarter. Fisher Asset Management LLC now owns 15,743,019 shares of the company’s stock valued at $1,242,597,000 after acquiring an additional 447,513 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Johnson Controls International by 0.5% in the third quarter. Geode Capital Management LLC now owns 13,475,260 shares of the company’s stock valued at $1,041,822,000 after acquiring an additional 71,493 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Johnson Controls International in the fourth quarter valued at about $568,309,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Johnson Controls International by 514.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company’s stock valued at $418,439,000 after acquiring an additional 4,514,792 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors.

Johnson Controls International Price Performance

Johnson Controls International stock opened at $81.46 on Tuesday. Johnson Controls International plc has a 12 month low of $59.83 and a 12 month high of $91.14. The stock’s 50 day moving average is $82.45 and its 200-day moving average is $79.87. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $53.77 billion, a price-to-earnings ratio of 31.09, a PEG ratio of 1.96 and a beta of 1.32.

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

Johnson Controls International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 24th will be paid a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.82%. The ex-dividend date is Monday, March 24th. Johnson Controls International’s dividend payout ratio (DPR) is currently 56.49%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. JPMorgan Chase & Co. lifted their target price on Johnson Controls International from $87.00 to $100.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Royal Bank of Canada lifted their target price on Johnson Controls International from $86.00 to $93.00 and gave the company a “sector perform” rating in a research report on Thursday, February 6th. Melius Research reissued a “hold” rating and set a $95.00 price target on shares of Johnson Controls International in a research report on Tuesday, January 28th. StockNews.com downgraded Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th. Finally, Argus raised Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price target on the stock in a research report on Friday, December 20th. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $91.27.

Insider Activity at Johnson Controls International

In related news, VP Daniel C. Mcconeghy sold 1,950 shares of the business’s stock in a transaction that occurred on 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 in the company, valued at approximately $2,175,967.19. The trade was a 7.29 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO George Oliver sold 205,168 shares of the business’s stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $88.03, for a total value of $18,060,939.04. Following the completion of the sale, the chief executive officer now owns 1,260,527 shares of the company’s stock, valued at approximately $110,964,191.81. This trade represents a 14.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 906,050 shares of company stock worth $77,839,329. Company insiders own 0.54% of the company’s stock.

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.