Johnson Controls International plc (NYSE:JCI) Shares Acquired by Bank of Montreal Can

Bank of Montreal Can grew its holdings in Johnson Controls International plc (NYSE:JCI) by 5.4% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 667,087 shares of the company’s stock after buying an additional 34,373 shares during the period. Bank of Montreal Can’s holdings in Johnson Controls International were worth $51,506,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Fortitude Family Office LLC lifted its stake in shares of Johnson Controls International by 195.8% in the 3rd quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock valued at $33,000 after purchasing an additional 278 shares during the last quarter. Wolff Wiese Magana LLC lifted its stake in shares of Johnson Controls International by 977.3% in the 3rd quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock valued at $37,000 after purchasing an additional 430 shares during the last quarter. Continuum Advisory LLC lifted its stake in shares of Johnson Controls International by 65.2% in the 2nd quarter. Continuum Advisory LLC now owns 527 shares of the company’s stock valued at $35,000 after purchasing an additional 208 shares during the last quarter. Western Pacific Wealth Management LP acquired a new position in Johnson Controls International during the 3rd quarter worth about $44,000. Finally, Friedenthal Financial acquired a new position in Johnson Controls International during the 2nd quarter worth about $47,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Mizuho increased their target price on Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a research note on Thursday, October 17th. The Goldman Sachs Group increased their price target on Johnson Controls International from $73.00 to $81.00 and gave the company a “buy” rating in a research report on Friday, August 2nd. Morgan Stanley assumed coverage on Johnson Controls International in a research report on Friday, September 6th. They issued an “overweight” rating and a $85.00 price target on the stock. StockNews.com lowered Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th. Finally, Robert W. Baird increased their price target on Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. Twelve analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $77.21.

Johnson Controls International Trading Down 0.0 %

JCI opened at $83.71 on Thursday. Johnson Controls International plc has a one year low of $51.70 and a one year high of $87.16. The company has a market cap of $55.43 billion, a P/E ratio of 32.96, a PEG ratio of 2.33 and a beta of 1.29. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 0.94. The business’s 50-day simple moving average is $78.78 and its 200-day simple moving average is $72.82.

Johnson Controls International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th were issued a $0.37 dividend. The ex-dividend date of this dividend was Wednesday, September 25th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.77%. Johnson Controls International’s payout ratio is currently 58.27%.

Insider Activity

In related news, COO Nathan D. Manning sold 1,167 shares of the firm’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $72.75, for a total transaction of $84,899.25. Following the transaction, the chief operating officer now owns 143,488 shares in the company, valued at $10,438,752. This trade represents a 0.81 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO George Oliver sold 170,430 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $83.70, for a total value of $14,264,991.00. Following the transaction, the chief executive officer now owns 1,166,992 shares in the company, valued at $97,677,230.40. This represents a 12.74 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 741,829 shares of company stock worth $59,952,007. 0.69% of the stock is currently owned by insiders.

About Johnson Controls International

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.