36,854 Shares in Johnson Controls International plc (NYSE:JCI) Bought by Heritage Trust Co

Heritage Trust Co purchased a new stake in shares of Johnson Controls International plc (NYSE:JCI) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 36,854 shares of the company’s stock, valued at approximately $2,909,000.

Several other institutional investors have also recently made changes to their positions in the company. Jaffetilchin Investment Partners LLC raised its stake in shares of Johnson Controls International by 12,420.6% during the 4th quarter. Jaffetilchin Investment Partners LLC now owns 32,804 shares of the company’s stock worth $2,589,000 after purchasing an additional 32,542 shares during the period. Covestor Ltd increased its holdings in shares of Johnson Controls International by 50.7% in the fourth quarter. Covestor Ltd now owns 648 shares of the company’s stock worth $51,000 after purchasing an additional 218 shares during the period. Treasurer of the State of North Carolina raised its stake in Johnson Controls International by 0.6% in the fourth quarter. Treasurer of the State of North Carolina now owns 293,578 shares of the company’s stock valued at $23,172,000 after purchasing an additional 1,840 shares in the last quarter. APG Asset Management N.V. purchased a new position in shares of Johnson Controls International in the 4th quarter worth about $27,799,000. Finally, Advisory Services Network LLC boosted its stake in shares of Johnson Controls International by 8.9% in the 4th quarter. Advisory Services Network LLC now owns 15,196 shares of the company’s stock valued at $1,199,000 after purchasing an additional 1,245 shares in the last quarter. Institutional investors own 90.05% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Argus upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 target price on the stock in a report on Friday, December 20th. Morgan Stanley lifted their target price on Johnson Controls International from $95.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. JPMorgan Chase & Co. reduced their price objective on Johnson Controls International from $100.00 to $81.00 and set an “overweight” rating for the company in a research report on Tuesday. Wells Fargo & Company raised their price objective on Johnson Controls International from $92.00 to $98.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Finally, Barclays decreased their target price on Johnson Controls International from $88.00 to $85.00 and set an “equal weight” rating on the stock in a research note on Monday, March 10th. Eight investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $90.00.

Johnson Controls International Stock Down 3.3 %

Shares of JCI opened at $76.21 on Friday. Johnson Controls International plc has a 52-week low of $59.83 and a 52-week high of $91.14. The company has a market cap of $50.31 billion, a PE ratio of 29.09, a P/E/G ratio of 1.96 and a beta of 1.22. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. The business has a fifty day moving average of $82.34 and a 200 day moving average of $80.78.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, topping 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%. On average, sell-side analysts expect that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 24th will be given a $0.37 dividend. The ex-dividend date of this dividend is Monday, March 24th. This represents a $1.48 annualized dividend and a dividend yield of 1.94%. Johnson Controls International’s payout ratio is presently 56.49%.

Insider Activity

In other news, CEO George Oliver sold 205,168 shares of the stock in a transaction dated Friday, February 7th. The shares were 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 of the company’s stock, valued at $110,964,191.81. This represents a 14.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Nathan D. Manning sold 1,421 shares of the company’s stock in a transaction dated 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 $11,339,568.24. The trade was a 0.95 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 907,286 shares of company stock worth $77,938,071. Corporate 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.