Capital International Inc. CA Increases Holdings in Johnson Controls International plc (NYSE:JCI)

Capital International Inc. CA lifted its stake in Johnson Controls International plc (NYSE:JCI - Free Report) by 20.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 106,136 shares of the company's stock after purchasing an additional 18,213 shares during the quarter. Capital International Inc. CA's holdings in Johnson Controls International were worth $8,377,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Compass Financial Services Inc bought a new position in Johnson Controls International during the fourth quarter valued at $26,000. SBI Securities Co. Ltd. bought a new position in Johnson Controls International during the 4th quarter valued at about $29,000. Crowley Wealth Management Inc. purchased a new stake in Johnson Controls International in the 4th quarter worth about $42,000. Synergy Asset Management LLC bought a new stake in Johnson Controls International in the fourth quarter worth about $42,000. Finally, ST Germain D J Co. Inc. boosted its position in shares of Johnson Controls International by 32.8% during the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company's stock valued at $43,000 after buying an additional 134 shares during the period. Institutional investors own 90.05% of the company's stock.

Johnson Controls International Stock Up 0.6 %

Shares of NYSE:JCI traded up $0.46 on Friday, reaching $80.82. The company had a trading volume of 1,088,100 shares, compared to its average volume of 4,448,456. The firm has a market capitalization of $53.35 billion, a PE ratio of 30.93, a PEG ratio of 1.96 and a beta of 1.22. The company has a current ratio of 1.02, a quick ratio of 0.86 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 firm's 50 day simple moving average is $80.33 and its 200-day simple moving average is $80.82.

Johnson Controls International (NYSE:JCI - Get Free Report) last announced its earnings results on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, topping 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%. As a group, analysts expect that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 24th were given a $0.37 dividend. The ex-dividend date of this dividend was Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.83%. Johnson Controls International's payout ratio is 56.49%.

Insider Buying and Selling

In related news, CEO George Oliver sold 205,168 shares of Johnson Controls International stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $88.03, for a total value of $18,060,939.04. Following the completion of the sale, the chief executive officer now directly owns 1,260,527 shares in the company, valued at $110,964,191.81. This trade represents a 14.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Nathan D. Manning sold 1,421 shares of the company'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 transaction of $108,621.24. Following the transaction, the vice president now owns 148,346 shares in the company, valued at $11,339,568.24. The trade was a 0.95 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 907,286 shares of company stock worth $77,938,071 in the last ninety days. 0.54% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on JCI shares. UBS Group upgraded Johnson Controls International from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $90.00 to $103.00 in a report on Monday, February 10th. Royal Bank of Canada boosted their target price on shares of Johnson Controls International from $86.00 to $93.00 and gave the company a "sector perform" rating in a research note on Thursday, February 6th. JPMorgan Chase & Co. cut their price target on shares of Johnson Controls International from $100.00 to $81.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. Melius Research reiterated a "hold" rating and set a $95.00 price objective on shares of Johnson Controls International in a report on Tuesday, January 28th. Finally, Barclays dropped their target price on shares of Johnson Controls International from $88.00 to $85.00 and set an "equal weight" rating on the stock in a research note on Monday, March 10th. Eight equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat, Johnson Controls International presently has a consensus rating of "Moderate Buy" and a consensus price target of $90.07.

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.