Johnson Controls International plc (NYSE:JCI) Shares Purchased by Tocqueville Asset Management L.P.

Tocqueville Asset Management L.P. raised its position in Johnson Controls International plc (NYSE:JCI) by 0.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,449 shares of the company’s stock after acquiring an additional 166 shares during the quarter. Tocqueville Asset Management L.P.’s holdings in Johnson Controls International were worth $2,009,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. OneDigital Investment Advisors LLC boosted its holdings in Johnson Controls International by 5.9% in the third quarter. OneDigital Investment Advisors LLC now owns 6,964 shares of the company’s stock valued at $540,000 after purchasing an additional 390 shares during the period. Thrivent Financial for Lutherans raised its holdings in Johnson Controls International by 15.1% in the third quarter. Thrivent Financial for Lutherans now owns 39,279 shares of the company’s stock valued at $3,049,000 after acquiring an additional 5,152 shares in the last quarter. Pathstone Holdings LLC grew its holdings in Johnson Controls International by 2.4% during the 3rd quarter. Pathstone Holdings LLC now owns 61,247 shares of the company’s stock worth $4,754,000 after acquiring an additional 1,411 shares in the last quarter. Fifth Third Wealth Advisors LLC increased its position in shares of Johnson Controls International by 16.3% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 8,828 shares of the company’s stock valued at $685,000 after purchasing an additional 1,239 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in shares of Johnson Controls International by 3.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 350,202 shares of the company’s stock valued at $27,179,000 after purchasing an additional 12,568 shares in the last quarter. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Johnson Controls International Stock Performance

Shares of JCI opened at $82.91 on Thursday. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. Johnson Controls International plc has a 52-week low of $59.83 and a 52-week high of $91.14. The company has a 50-day simple moving average of $82.56 and a 200-day simple moving average of $79.95. The company has a market capitalization of $54.73 billion, a PE ratio of 31.64, a P/E/G ratio of 1.96 and a beta of 1.32.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. Equities research analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 24th will be given a dividend of $0.37 per share. The ex-dividend date of this dividend is Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a yield of 1.79%. Johnson Controls International’s payout ratio is 56.49%.

Insider Buying and Selling at Johnson Controls International

In related news, Director George Oliver sold 15,669 shares of the business’s stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $77.49, for a total value of $1,214,190.81. Following the sale, the director now directly owns 1,003,893 shares in the company, valued at $77,791,668.57. The trade was a 1.54 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Daniel C. Mcconeghy sold 1,950 shares of the firm’s stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $87.73, for a total transaction of $171,073.50. Following the transaction, the vice president now owns 24,803 shares of the company’s stock, valued at $2,175,967.19. This trade represents a 7.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 906,050 shares of company stock valued at $77,839,329. Insiders own 0.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on JCI shares. JPMorgan Chase & Co. boosted their target price on shares of Johnson Controls International from $87.00 to $100.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Barclays lowered their price objective on Johnson Controls International from $88.00 to $85.00 and set an “equal weight” rating for the company in a research report on Monday, March 10th. Citigroup cut their target price on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating on the stock in a research report on Monday, January 13th. Argus raised Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price target for the company in a report on Friday, December 20th. Finally, Wells Fargo & Company raised their price objective on shares of Johnson Controls International from $92.00 to $98.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, Johnson Controls International has an average rating of “Moderate Buy” and an average target price of $91.27.

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.