Johnson Controls International plc (NYSE:JCI) Holdings Boosted by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC grew its stake in shares of Johnson Controls International plc (NYSE:JCI) by 4.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,427 shares of the company’s stock after acquiring an additional 150 shares during the period. Avidian Wealth Enterprises LLC’s holdings in Johnson Controls International were worth $270,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of JCI. Ritholtz Wealth Management grew its holdings in shares of Johnson Controls International by 8.4% during the 3rd quarter. Ritholtz Wealth Management now owns 3,614 shares of the company’s stock valued at $280,000 after acquiring an additional 281 shares in the last quarter. Exchange Traded Concepts LLC grew its holdings in shares of Johnson Controls International by 170.8% during the 3rd quarter. Exchange Traded Concepts LLC now owns 1,763 shares of the company’s stock valued at $137,000 after acquiring an additional 1,112 shares in the last quarter. Procyon Advisors LLC acquired a new stake in shares of Johnson Controls International in the 3rd quarter valued at $235,000. Creative Planning lifted its stake in shares of Johnson Controls International by 11.1% in the 3rd quarter. Creative Planning now owns 73,594 shares of the company’s stock valued at $5,712,000 after purchasing an additional 7,375 shares during the last quarter. Finally, Magnus Financial Group LLC acquired a new stake in shares of Johnson Controls International in the 3rd quarter valued at $210,000. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Johnson Controls International Stock Performance

NYSE JCI opened at $88.52 on Friday. The firm has a market cap of $58.44 billion, a price-to-earnings ratio of 33.79, a PEG ratio of 2.48 and a beta of 1.32. The company has a 50 day moving average of $81.29 and a 200-day moving average of $77.47. The company has a current ratio of 1.02, a quick ratio of 0.79 and a debt-to-equity ratio of 0.50. Johnson Controls International plc has a 1-year low of $55.07 and a 1-year high of $89.95.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. On average, equities analysts forecast that Johnson Controls International plc will post 3.52 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.67%. The ex-dividend date of this dividend was Monday, December 23rd. Johnson Controls International’s payout ratio is 56.49%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. StockNews.com lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Wednesday, November 20th. JPMorgan Chase & Co. lifted their price objective on shares of Johnson Controls International from $87.00 to $100.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Argus raised shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price objective for the company in a research note on Friday, December 20th. Melius lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price objective for the company. in a research note on Tuesday, January 28th. Finally, Morgan Stanley lifted their price objective on shares of Johnson Controls International from $95.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Eight analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, Johnson Controls International currently has a consensus rating of “Moderate Buy” and an average price target of $91.13.

Insider Transactions at Johnson Controls International

In related news, VP Nathan D. Manning sold 1,421 shares of the firm’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $76.44, for a total value of $108,621.24. Following the completion of the sale, the vice president now owns 148,346 shares of the company’s stock, valued at $11,339,568.24. This trade represents a 0.95 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO George Oliver sold 224,152 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $82.72, for a total transaction of $18,541,853.44. Following the completion of the sale, the chief executive officer now directly owns 1,166,992 shares of the company’s stock, valued at approximately $96,533,578.24. This represents a 16.11 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 950,878 shares of company stock valued at $81,229,286. Corporate insiders own 0.54% of the company’s stock.

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.