Nemes Rush Group LLC Has $12.27 Million Holdings in Johnson Controls International plc (NYSE:JCI)

Nemes Rush Group LLC boosted its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 11.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 155,428 shares of the company’s stock after buying an additional 16,420 shares during the quarter. Johnson Controls International comprises 1.5% of Nemes Rush Group LLC’s portfolio, making the stock its 19th biggest holding. Nemes Rush Group LLC’s holdings in Johnson Controls International were worth $12,268,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Compass Financial Services Inc acquired a new position in shares of Johnson Controls International during the 4th quarter valued at about $26,000. SBI Securities Co. Ltd. acquired a new position in Johnson Controls International during the fourth quarter valued at approximately $29,000. Synergy Asset Management LLC acquired a new position in Johnson Controls International in the 4th quarter valued at $42,000. Crowley Wealth Management Inc. bought a new position in shares of Johnson Controls International in the fourth quarter worth about $42,000. Finally, ST Germain D J Co. Inc. increased its position in Johnson Controls International by 32.8% in the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock worth $43,000 after buying an additional 134 shares during the period. 90.05% of the stock is currently owned by institutional investors.

Johnson Controls International Trading Up 0.6 %

JCI stock opened at $80.17 on Tuesday. The business has a fifty day moving average price of $82.93 and a 200 day moving average price of $80.71. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. Johnson Controls International plc has a fifty-two week low of $59.83 and a fifty-two week high of $91.14. The stock has a market capitalization of $52.92 billion, a price-to-earnings ratio of 30.60, a P/E/G ratio of 1.96 and a beta of 1.32.

Johnson Controls International (NYSE:JCI) last announced its earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. Analysts expect that Johnson Controls International plc will post 3.64 EPS 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. Stockholders of record on Monday, March 24th will be given a dividend of $0.37 per share. The ex-dividend date is Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.85%. Johnson Controls International’s payout ratio is currently 56.49%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Melius downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price objective on the stock. in a report on Tuesday, January 28th. Barclays reduced 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 lowered their price objective 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. JPMorgan Chase & Co. raised their target price on Johnson Controls International from $87.00 to $100.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Finally, Morgan Stanley boosted their price target on shares of Johnson Controls International from $95.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Eight investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, Johnson Controls International has a consensus rating of “Moderate Buy” and a consensus target price of $91.27.

Insider Activity

In other Johnson Controls International news, VP Nathan D. Manning sold 1,421 shares of the company’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $76.44, for a total transaction of $108,621.24. Following the transaction, the vice president now directly owns 148,346 shares in the company, valued at approximately $11,339,568.24. This represents a 0.95 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Daniel C. Mcconeghy sold 1,950 shares of Johnson Controls International stock in a transaction that occurred on Thursday, February 6th. The stock was sold at an average price of $87.73, for a total transaction of $171,073.50. Following the sale, the vice president now owns 24,803 shares of the company’s stock, valued at approximately $2,175,967.19. This represents a 7.29 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 905,864 shares of company stock valued at $77,824,710 over the last 90 days. 0.54% of the stock is owned by company insiders.

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.