Stifel Financial Corp Purchases 42,012 Shares of Johnson Controls International plc (NYSE:JCI)

Stifel Financial Corp increased its position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 12.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 377,747 shares of the company's stock after acquiring an additional 42,012 shares during the period. Stifel Financial Corp owned approximately 0.06% of Johnson Controls International worth $29,816,000 at the end of the most recent quarter.

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

Insider Activity at Johnson Controls International

In other 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 transaction, the chief executive officer now owns 1,260,527 shares of the company's stock, valued at $110,964,191.81. This trade represents a 14.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Daniel C. Mcconeghy sold 1,950 shares of the company's stock in a transaction 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 directly owns 24,803 shares of the company's stock, valued at approximately $2,175,967.19. This represents a 7.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 907,286 shares of company stock valued at $77,938,071. Corporate insiders own 0.54% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Barclays reduced their target price on Johnson Controls International from $88.00 to $85.00 and set an "equal weight" rating for the company in a report on Monday, March 10th. Melius lowered shares of Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price objective for the company. in a research note on Tuesday, January 28th. Royal Bank of Canada lifted their target price on shares of Johnson Controls International from $86.00 to $93.00 and gave the stock a "sector perform" rating in a research report on Thursday, February 6th. Citigroup reduced their price target on shares of Johnson Controls International from $95.00 to $85.00 and set a "neutral" rating for the company in a research report on Monday, April 14th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Johnson Controls International from $100.00 to $81.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Eight investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat.com, Johnson Controls International presently has an average rating of "Moderate Buy" and an average target price of $90.07.

Johnson Controls International Stock Up 0.9 %

Shares of JCI traded up $0.71 during midday trading on Wednesday, reaching $83.04. 1,190,749 shares of the stock were exchanged, compared to its average volume of 4,420,404. The company has a market cap of $54.82 billion, a price-to-earnings ratio of 31.68, a P/E/G ratio of 1.96 and a beta of 1.22. The firm has a 50 day simple moving average of $79.83 and a 200-day simple moving average of $80.94. 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 12-month low of $59.83 and a 12-month high of $91.14.

Johnson Controls International (NYSE:JCI - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. Research analysts forecast that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 24th were issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date of this dividend was Monday, March 24th. Johnson Controls International's dividend payout ratio is 56.49%.

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.