Johnson Controls International plc (NYSE:JCI) Shares Acquired by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of Johnson Controls International plc (NYSE:JCI) by 0.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,617,511 shares of the company’s stock after purchasing an additional 957 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Johnson Controls International were worth $125,535,000 as of its most recent filing with the Securities & Exchange Commission.

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

Insider Buying and Selling

In other Johnson Controls International news, COO Nathan D. Manning sold 3,000 shares of Johnson Controls International stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $77.08, for a total value of $231,240.00. Following the completion of the transaction, the chief operating officer now directly owns 140,488 shares of the company’s stock, valued at $10,828,815.04. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In related news, COO Nathan D. Manning sold 1,167 shares of Johnson Controls International stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $72.75, for a total value of $84,899.25. Following the completion of the transaction, the chief operating officer now directly owns 143,488 shares in the company, valued at approximately $10,438,752. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Nathan D. Manning sold 3,000 shares of the business’s stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $77.08, for a total value of $231,240.00. Following the transaction, the chief operating officer now directly owns 140,488 shares of the company’s stock, valued at $10,828,815.04. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 226,141 shares of company stock valued at $16,904,519. Corporate insiders own 0.69% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on JCI shares. The Goldman Sachs Group increased their target price on shares of Johnson Controls International from $73.00 to $81.00 and gave the company a “buy” rating in a research report on Friday, August 2nd. Oppenheimer boosted their target price on Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Barclays increased their price target on Johnson Controls International from $62.00 to $64.00 and gave the company an “equal weight” rating in a report on Wednesday, October 2nd. Morgan Stanley initiated coverage on Johnson Controls International in a research note on Friday, September 6th. They set an “overweight” rating and a $85.00 price objective on the stock. Finally, Wells Fargo & Company raised their target price on Johnson Controls International from $84.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. Twelve analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, Johnson Controls International presently has a consensus rating of “Hold” and a consensus target price of $77.21.

Johnson Controls International Stock Up 0.6 %

Shares of NYSE JCI opened at $85.71 on Thursday. 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 business’s 50 day moving average is $75.88 and its two-hundred day moving average is $71.32. Johnson Controls International plc has a 52-week low of $51.33 and a 52-week high of $87.16. The firm has a market cap of $57.26 billion, a price-to-earnings ratio of 33.74, a PEG ratio of 2.38 and a beta of 1.29.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Investors 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 annualized dividend and a dividend yield of 1.73%. Johnson Controls International’s dividend payout ratio is presently 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.