Metis Global Partners LLC Acquires 127 Shares of Johnson Controls International plc (NYSE:JCI)

Metis Global Partners LLC boosted its holdings in Johnson Controls International plc (NYSE:JCI) by 0.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 28,446 shares of the company’s stock after acquiring an additional 127 shares during the quarter. Metis Global Partners LLC’s holdings in Johnson Controls International were worth $2,208,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Orion Portfolio Solutions LLC lifted its position in shares of Johnson Controls International by 15.8% during the first quarter. Orion Portfolio Solutions LLC now owns 27,191 shares of the company’s stock worth $1,776,000 after purchasing an additional 3,717 shares in the last quarter. Nicolet Advisory Services LLC grew its position in Johnson Controls International by 5.1% in the first quarter. Nicolet Advisory Services LLC now owns 4,539 shares of the company’s stock valued at $298,000 after purchasing an additional 222 shares in the last quarter. Intech Investment Management LLC grew its position in Johnson Controls International by 5.9% in the first quarter. Intech Investment Management LLC now owns 95,794 shares of the company’s stock valued at $6,257,000 after purchasing an additional 5,338 shares in the last quarter. TIAA Trust National Association grew its position in shares of Johnson Controls International by 3.5% in the 1st quarter. TIAA Trust National Association now owns 10,274 shares of the company’s stock valued at $671,000 after acquiring an additional 350 shares during the period. Finally, Edgestream Partners L.P. grew its position in shares of Johnson Controls International by 672.6% in the 1st quarter. Edgestream Partners L.P. now owns 48,258 shares of the company’s stock valued at $3,152,000 after acquiring an additional 42,012 shares during the period. Institutional investors own 90.05% of the company’s stock.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, COO Nathan D. Manning sold 3,000 shares of the stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $77.08, for a total transaction of $231,240.00. Following the completion of the transaction, the chief operating officer now owns 140,488 shares in the company, valued at $10,828,815.04. This trade represents a 2.09 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO George Oliver sold 110,615 shares of the stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $76.79, for a total value of $8,494,125.85. Following the sale, the chief executive officer now owns 1,243,751 shares in the company, valued at approximately $95,507,639.29. This represents a 8.17 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 226,141 shares of company stock worth $16,904,519 in the last quarter. 0.69% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Oppenheimer lifted their price objective on shares of Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Robert W. Baird raised their target price on shares of Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. Morgan Stanley began coverage on shares of Johnson Controls International in a report on Friday, September 6th. They issued an “overweight” rating and a $85.00 target price on the stock. UBS Group started coverage on shares of Johnson Controls International in a report on Wednesday. They issued a “neutral” rating and a $90.00 target price on the stock. Finally, Barclays lifted their price target on shares of Johnson Controls International from $62.00 to $64.00 and gave the company an “equal weight” rating in a report on Wednesday, October 2nd. Twelve analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, Johnson Controls International has an average rating of “Hold” and an average price target of $77.21.

Johnson Controls International Stock Down 0.9 %

Johnson Controls International stock opened at $84.40 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.46. The firm’s fifty day moving average is $76.51 and its 200 day moving average is $71.51. Johnson Controls International plc has a 12-month low of $51.40 and a 12-month high of $87.16. The company has a market capitalization of $56.38 billion, a PE ratio of 33.23, a PEG ratio of 2.39 and a beta of 1.29.

Johnson Controls International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Wednesday, September 25th were issued a dividend of $0.37 per share. The ex-dividend date was Wednesday, September 25th. This represents a $1.48 annualized dividend and a yield of 1.75%. Johnson Controls International’s payout ratio is 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.