Johnson Controls International plc (NYSE:JCI) Shares Purchased by Northern Trust Corp

Northern Trust Corp raised its holdings in Johnson Controls International plc (NYSE:JCI - Free Report) by 18.1% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,690,781 shares of the company's stock after acquiring an additional 1,026,623 shares during the quarter. Northern Trust Corp owned approximately 1.01% of Johnson Controls International worth $528,103,000 as of its most recent filing with the Securities & Exchange Commission.

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

Johnson Controls International Stock Up 2.1 %

NYSE JCI traded up $1.81 during trading on Friday, hitting $89.06. The company's stock had a trading volume of 5,868,597 shares, compared to its average volume of 4,394,316. Johnson Controls International plc has a fifty-two week low of $60.84 and a fifty-two week high of $91.14. The company has a market cap of $58.79 billion, a PE ratio of 33.99, a P/E/G ratio of 1.96 and a beta of 1.22. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. The business's 50 day simple moving average is $79.97 and its 200-day simple moving average is $81.11.

Johnson Controls International (NYSE:JCI - Get Free Report) last released 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%. On average, equities analysts anticipate that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 24th were given a dividend of $0.37 per share. The ex-dividend date of this dividend was Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a yield of 1.66%. Johnson Controls International's dividend payout ratio is currently 56.49%.

Analyst Upgrades and Downgrades

JCI has been the subject of a number of research analyst reports. Royal Bank of Canada lifted their target price on Johnson Controls International from $86.00 to $93.00 and gave the company a "sector perform" rating in a research report on Thursday, February 6th. Wells Fargo & Company upped their price objective on shares of Johnson Controls International from $92.00 to $98.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. Melius cut shares of Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price target for the company. in a research report on Tuesday, January 28th. 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 report on Thursday, February 6th. Finally, Melius Research restated a "hold" rating and set a $95.00 target price on shares of Johnson Controls International in a report on Tuesday, January 28th. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $90.07.

Insider Buying and Selling at Johnson Controls International

In other news, CEO George Oliver sold 205,168 shares of the business's stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $88.03, for a total value of $18,060,939.04. Following the completion of the transaction, the chief executive officer now owns 1,260,527 shares of the company's stock, valued at $110,964,191.81. The trade was a 14.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Nathan D. Manning sold 1,421 shares of the firm's stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $76.44, for a total value of $108,621.24. Following the sale, the vice president now directly owns 148,346 shares in the company, valued at approximately $11,339,568.24. This trade represents a 0.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 908,708 shares of company stock worth $78,061,657. 0.54% of the stock is currently owned by 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.