69,080 Shares in Johnson Controls International plc (NYSE:JCI) Bought by World Investment Advisors LLC

World Investment Advisors LLC purchased a new stake in Johnson Controls International plc (NYSE:JCI) during the third quarter, according to its most recent filing with the SEC. The fund purchased 69,080 shares of the company’s stock, valued at approximately $5,361,000.

Other hedge funds have also bought and sold shares of the company. State Street Corp grew its position in shares of Johnson Controls International by 1.1% during the third quarter. State Street Corp now owns 27,939,766 shares of the company’s stock valued at $2,178,595,000 after purchasing an additional 300,712 shares in the last quarter. Fisher Asset Management LLC boosted its stake in Johnson Controls International by 3.4% during the third quarter. Fisher Asset Management LLC now owns 15,295,506 shares of the company’s stock valued at $1,187,084,000 after buying an additional 509,293 shares during the last quarter. Geode Capital Management LLC grew its holdings in Johnson Controls International by 0.5% during the 3rd quarter. Geode Capital Management LLC now owns 13,475,260 shares of the company’s stock valued at $1,041,822,000 after buying an additional 71,493 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Johnson Controls International by 8.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 5,855,075 shares of the company’s stock worth $389,214,000 after acquiring an additional 479,548 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of 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. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Analyst Ratings Changes

JCI has been the topic of several research reports. Bank of America boosted their price target on shares of Johnson Controls International from $80.00 to $95.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. Oppenheimer boosted their target price on shares of Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Wells Fargo & Company increased their price target on shares of Johnson Controls International from $84.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. StockNews.com cut Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Wednesday, November 20th. Finally, Robert W. Baird raised their price objective on Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Twelve analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $78.57.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, EVP Marlon Sullivan sold 7,230 shares of the stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total transaction of $602,620.50. Following the transaction, the executive vice president now directly owns 32,246 shares in the company, valued at $2,687,704.10. This represents a 18.31 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO George Oliver sold 110,615 shares of the business’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $72.67, for a total transaction of $8,038,392.05. Following the completion of the sale, the chief executive officer now owns 1,243,751 shares of the company’s stock, valued at approximately $90,383,385.17. This represents a 8.17 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 872,389 shares of company stock valued at $70,763,920. 0.69% of the stock is currently owned by company insiders.

Johnson Controls International Stock Down 0.8 %

Shares of JCI opened at $83.33 on Friday. The firm has a market capitalization of $55.18 billion, a P/E ratio of 32.81, a P/E/G ratio of 2.35 and a beta of 1.31. Johnson Controls International plc has a 12-month low of $51.70 and a 12-month high of $87.16. The firm has a fifty day moving average price of $80.46 and a 200-day moving average price of $73.82. The company has a current ratio of 0.94, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46.

Johnson Controls International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Monday, December 23rd will be paid a $0.37 dividend. The ex-dividend date of this dividend is Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a yield of 1.78%. Johnson Controls International’s dividend payout ratio is currently 58.27%.

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.