Johnson Controls International plc (NYSE:JCI) Shares Acquired by Cerity Partners LLC

Cerity Partners LLC increased its holdings in Johnson Controls International plc (NYSE:JCI) by 35.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 56,493 shares of the company’s stock after acquiring an additional 14,925 shares during the quarter. Cerity Partners LLC’s holdings in Johnson Controls International were worth $4,385,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its stake in shares of Johnson Controls International by 8.9% during the second quarter. Dimensional Fund Advisors LP now owns 5,855,075 shares of the company’s stock worth $389,214,000 after buying an additional 479,548 shares during the period. Raymond James & Associates lifted its position in Johnson Controls International by 5.6% during the 3rd quarter. Raymond James & Associates now owns 4,735,147 shares of the company’s stock worth $367,495,000 after acquiring an additional 249,405 shares during the period. Barrow Hanley Mewhinney & Strauss LLC grew its stake in shares of Johnson Controls International by 686.4% in the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,445,418 shares of the company’s stock valued at $295,487,000 after purchasing an additional 3,880,146 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Johnson Controls International by 2.5% in the second quarter. Envestnet Asset Management Inc. now owns 2,401,984 shares of the company’s stock valued at $159,660,000 after purchasing an additional 59,274 shares during the period. Finally, Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Johnson Controls International by 2.0% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 2,120,275 shares of the company’s stock worth $140,935,000 after purchasing an additional 42,106 shares during the period. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Price Performance

NYSE:JCI opened at $83.71 on Friday. Johnson Controls International plc has a 12-month low of $51.70 and a 12-month high of $87.16. The firm has a market cap of $55.43 billion, a price-to-earnings ratio of 32.96, a price-to-earnings-growth ratio of 2.33 and a beta of 1.29. The company’s 50-day moving average is $78.97 and its two-hundred day moving average is $72.89. The company has a current ratio of 0.94, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Investors of record on Wednesday, September 25th were paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.77%. The ex-dividend date of this dividend was Wednesday, September 25th. Johnson Controls International’s payout ratio is 58.27%.

Analysts Set New Price Targets

Several analysts have recently commented on JCI shares. Robert W. Baird raised their target price on shares of Johnson Controls International from $80.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Mizuho lifted their price objective on Johnson Controls International from $62.00 to $75.00 and gave the company a “neutral” rating in a report on Thursday, October 17th. Bank of America increased their target price on Johnson Controls International from $80.00 to $95.00 and gave the stock a “buy” rating in a research note on Friday, September 27th. Wells Fargo & Company lifted their price target on Johnson Controls International from $84.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Finally, Barclays increased their price target on shares of Johnson Controls International from $62.00 to $64.00 and gave the company an “equal weight” rating in a report on Wednesday, October 2nd. Twelve equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $77.21.

Insiders Place Their Bets

In other Johnson Controls International news, CEO George Oliver sold 170,430 shares of Johnson Controls International stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $83.70, for a total value of $14,264,991.00. Following the completion of the sale, the chief executive officer now owns 1,166,992 shares in the company, valued at $97,677,230.40. The trade was a 12.74 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Nathan D. Manning sold 1,167 shares of the stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $72.75, for a total transaction of $84,899.25. Following the transaction, the chief operating officer now owns 143,488 shares in the company, valued at approximately $10,438,752. The trade was a 0.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 741,829 shares of company stock valued at $59,952,007. Company insiders own 0.69% of the company’s stock.

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.