Hengehold Capital Management LLC Has $4.32 Million Holdings in Johnson Controls International plc (NYSE:JCI)

Hengehold Capital Management LLC boosted its stake in Johnson Controls International plc (NYSE:JCI) by 0.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,719 shares of the company’s stock after buying an additional 182 shares during the quarter. Hengehold Capital Management LLC’s holdings in Johnson Controls International were worth $4,319,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Park Avenue Securities LLC raised its stake in shares of Johnson Controls International by 101.5% in the fourth quarter. Park Avenue Securities LLC now owns 26,517 shares of the company’s stock valued at $2,093,000 after acquiring an additional 13,360 shares during the last quarter. Y Intercept Hong Kong Ltd increased its holdings in Johnson Controls International by 136.8% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 91,248 shares of the company’s stock valued at $7,082,000 after purchasing an additional 52,719 shares in the last quarter. Geode Capital Management LLC raised its position in Johnson Controls International by 0.5% in 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 purchasing an additional 71,493 shares during the last quarter. BNC Wealth Management LLC acquired a new position in Johnson Controls International in the fourth quarter worth $2,093,000. Finally, International Assets Investment Management LLC bought a new stake in shares of Johnson Controls International during the third quarter worth $7,692,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Insider Activity

In other 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 completion of 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 transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO George Oliver sold 224,152 shares of the company’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $82.72, for a total value of $18,541,853.44. Following the sale, the chief executive officer now owns 1,166,992 shares in the company, valued at $96,533,578.24. The trade was a 16.11 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 647,787 shares of company stock worth $53,972,452 over the last ninety days. Insiders own 0.69% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on JCI. UBS Group assumed coverage on shares of Johnson Controls International in a research report on Wednesday, November 13th. They issued a “neutral” rating and a $90.00 price objective for the company. Robert W. Baird raised their price target 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. Citigroup reduced their price objective on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating on the stock in a report on Monday, January 13th. JPMorgan Chase & Co. lowered their target price on Johnson Controls International from $88.00 to $87.00 and set an “overweight” rating for the company in a research note on Wednesday, January 15th. Finally, Oppenheimer upped their price target on Johnson Controls International from $86.00 to $87.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Ten equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $82.53.

Johnson Controls International Trading Down 0.1 %

JCI opened at $82.02 on Friday. The firm’s fifty day simple moving average is $81.73 and its 200 day simple moving average is $76.08. The stock has a market capitalization of $54.15 billion, a P/E ratio of 32.29, a P/E/G ratio of 2.35 and a beta of 1.32. 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 plc has a 12 month low of $52.02 and a 12 month high of $87.16.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were paid a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.80%. The ex-dividend date was Monday, December 23rd. Johnson Controls International’s payout ratio is 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.