2,220 Shares in Johnson Controls International plc $JCI Purchased by Bridgewater Advisors Inc.

Bridgewater Advisors Inc. bought a new position in shares of Johnson Controls International plc (NYSE:JCI) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,220 shares of the company’s stock, valued at approximately $229,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Cerity Partners LLC raised its stake in shares of Johnson Controls International by 69.8% during the 1st quarter. Cerity Partners LLC now owns 113,059 shares of the company’s stock worth $9,057,000 after buying an additional 46,459 shares during the last quarter. Yeomans Consulting Group Inc. acquired a new position in Johnson Controls International during the second quarter worth about $304,000. Ethic Inc. lifted its holdings in shares of Johnson Controls International by 3.5% in the second quarter. Ethic Inc. now owns 112,959 shares of the company’s stock valued at $11,869,000 after purchasing an additional 3,793 shares in the last quarter. Allegiance Financial Group Advisory Services LLC acquired a new stake in shares of Johnson Controls International in the second quarter valued at approximately $284,000. Finally, Asset Management One Co. Ltd. grew its position in shares of Johnson Controls International by 9.7% in the second quarter. Asset Management One Co. Ltd. now owns 297,679 shares of the company’s stock valued at $31,441,000 after purchasing an additional 26,333 shares during the last quarter. 90.05% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, VP Daniel C. Mcconeghy sold 5,917 shares of the company’s stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $105.73, for a total transaction of $625,604.41. Following the completion of the transaction, the vice president owned 25,005 shares of the company’s stock, valued at approximately $2,643,778.65. This represents a 19.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Nathan D. Manning sold 1,422 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $105.06, for a total transaction of $149,395.32. Following the transaction, the vice president directly owned 139,459 shares in the company, valued at approximately $14,651,562.54. This represents a 1.01% decrease in their position. The SEC filing for this sale provides additional information. 0.54% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms recently issued reports on JCI. Jefferies Financial Group reaffirmed a “hold” rating and issued a $120.00 target price on shares of Johnson Controls International in a research note on Thursday, July 24th. Wolfe Research upped their price objective on Johnson Controls International from $132.00 to $133.00 and gave the company an “outperform” rating in a research report on Friday, September 12th. Barclays increased their price objective on Johnson Controls International from $100.00 to $101.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 30th. Robert W. Baird boosted their target price on shares of Johnson Controls International from $110.00 to $115.00 and gave the company a “neutral” rating in a research note on Tuesday, October 14th. Finally, Zacks Research upgraded shares of Johnson Controls International to a “hold” rating in a report on Monday, August 11th. Ten research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $113.41.

Johnson Controls International Stock Performance

NYSE JCI opened at $110.80 on Wednesday. The business’s 50-day moving average price is $108.82 and its 200 day moving average price is $103.61. The company has a current ratio of 0.96, a quick ratio of 0.81 and a debt-to-equity ratio of 0.50. Johnson Controls International plc has a twelve month low of $68.03 and a twelve month high of $116.48. The company has a market capitalization of $72.51 billion, a PE ratio of 32.88, a price-to-earnings-growth ratio of 1.70 and a beta of 1.33.

Johnson Controls International Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Monday, September 22nd were given a $0.40 dividend. This is a boost from Johnson Controls International’s previous quarterly dividend of $0.37. This represents a $1.60 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Monday, September 22nd. Johnson Controls International’s dividend payout ratio is 47.48%.

About Johnson Controls International

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.