TD Private Client Wealth LLC Lowers Holdings in Johnson Controls International plc (NYSE:JCI)

TD Private Client Wealth LLC reduced its position in shares of Johnson Controls International plc (NYSE:JCI) by 5.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 28,716 shares of the company’s stock after selling 1,683 shares during the quarter. TD Private Client Wealth LLC’s holdings in Johnson Controls International were worth $2,267,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Raymond James Financial Inc. bought a new position in shares of Johnson Controls International during the 4th quarter worth $568,309,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Johnson Controls International by 514.9% during 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 acquiring an additional 4,514,792 shares in the last quarter. Amundi increased its position in Johnson Controls International by 76.7% during the 4th quarter. Amundi now owns 3,870,478 shares of the company’s stock valued at $309,422,000 after purchasing an additional 1,680,431 shares during the period. ANTIPODES PARTNERS Ltd raised its holdings in shares of Johnson Controls International by 391,951.9% in the 4th quarter. ANTIPODES PARTNERS Ltd now owns 1,215,361 shares of the company’s stock valued at $95,936,000 after purchasing an additional 1,215,051 shares in the last quarter. Finally, AMF Tjanstepension AB lifted its position in shares of Johnson Controls International by 500.7% in the 4th quarter. AMF Tjanstepension AB now owns 1,048,377 shares of the company’s stock worth $82,797,000 after purchasing an additional 873,841 shares during the period. 90.05% of the stock is owned by institutional investors.

Johnson Controls International Trading Down 0.6 %

Johnson Controls International stock opened at $82.64 on Friday. The stock has a 50-day moving average price of $82.70 and a 200 day moving average price of $80.04. The company has a market capitalization of $54.55 billion, a price-to-earnings ratio of 31.54, a price-to-earnings-growth ratio of 1.96 and a beta of 1.32. Johnson Controls International plc has a 52 week low of $59.83 and a 52 week high of $91.14. 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 (NYSE:JCI) last released its quarterly earnings data 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 net margin of 6.83% and a return on equity of 15.11%. Sell-side analysts anticipate 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. Shareholders of record on Monday, March 24th will be given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 1.79%. The ex-dividend date is Monday, March 24th. Johnson Controls International’s dividend payout ratio is currently 56.49%.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, VP Nathan D. Manning sold 1,421 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $76.44, for a total value of $108,621.24. Following the completion of the transaction, the vice president now directly owns 148,346 shares of the company’s stock, valued at approximately $11,339,568.24. The trade was a 0.95 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO George Oliver sold 205,168 shares of the firm’s stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $88.03, for a total transaction of $18,060,939.04. Following the sale, the chief executive officer now directly owns 1,260,527 shares in the company, valued at $110,964,191.81. The trade was a 14.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 905,864 shares of company stock worth $77,824,710. Insiders own 0.54% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on JCI shares. Barclays cut their price objective on shares of Johnson Controls International from $88.00 to $85.00 and set an “equal weight” rating on the stock in a report on Monday, March 10th. JPMorgan Chase & Co. boosted their price target on Johnson Controls International from $87.00 to $100.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Royal Bank of Canada upped their price objective on Johnson Controls International from $86.00 to $93.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 6th. Wells Fargo & Company lifted their target price on Johnson Controls International from $92.00 to $98.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Finally, Melius Research reaffirmed a “hold” rating and issued a $95.00 price objective on shares of Johnson Controls International in a research report on Tuesday, January 28th. Eight investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, Johnson Controls International has an average rating of “Moderate Buy” and an average price target of $91.27.

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.