Kestra Investment Management LLC Buys 151 Shares of Johnson Controls International plc (NYSE:JCI)

Kestra Investment Management LLC raised its stake in shares of Johnson Controls International plc (NYSE:JCI) by 2.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,439 shares of the company’s stock after purchasing an additional 151 shares during the period. Kestra Investment Management LLC’s holdings in Johnson Controls International were worth $508,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in JCI. Compass Financial Services Inc bought a new position in shares of Johnson Controls International during the 4th quarter valued at about $26,000. Fortitude Family Office LLC boosted its holdings in shares of Johnson Controls International by 195.8% during the 3rd quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock valued at $33,000 after purchasing an additional 278 shares during the last quarter. Synergy Asset Management LLC bought a new position in shares of Johnson Controls International during the 4th quarter valued at about $42,000. ST Germain D J Co. Inc. boosted its holdings 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 valued at $43,000 after purchasing an additional 134 shares during the last quarter. Finally, Western Pacific Wealth Management LP bought a new position in shares of Johnson Controls International during the 3rd quarter valued at about $44,000. Institutional investors own 90.05% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on JCI shares. Oppenheimer upped their target price on shares of Johnson Controls International from $86.00 to $87.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Argus upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 target price on the stock in a research report on Friday, December 20th. StockNews.com lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th. Barclays raised their target price on shares of Johnson Controls International from $75.00 to $83.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 5th. Finally, Morgan Stanley increased their price objective on shares of Johnson Controls International from $95.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, Johnson Controls International has a consensus rating of “Moderate Buy” and an average price target of $91.13.

Insider Buying and Selling at Johnson Controls International

In related news, CEO George Oliver sold 162,894 shares of the business’s stock in a transaction on Friday, February 14th. The stock was sold at an average price of $89.28, for a total value of $14,543,176.32. Following the sale, the chief executive officer now owns 1,203,893 shares in the company, valued at approximately $107,483,567.04. The trade was a 11.92 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Daniel C. Mcconeghy sold 1,950 shares of the business’s stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $87.73, for a total value of $171,073.50. Following the transaction, the vice president now directly owns 24,803 shares of the company’s stock, valued at $2,175,967.19. The trade was a 7.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 889,434 shares of company stock worth $77,215,058 over the last quarter. 0.54% of the stock is currently owned by company insiders.

Johnson Controls International Stock Up 1.0 %

Shares of JCI opened at $90.64 on Wednesday. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50. The stock’s 50 day moving average is $81.78 and its two-hundred day moving average is $78.09. The firm has a market cap of $59.83 billion, a P/E ratio of 34.59, a PEG ratio of 1.98 and a beta of 1.32. Johnson Controls International plc has a 12 month low of $56.28 and a 12 month high of $91.14.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data 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 return on equity of 15.11% and a net margin of 6.83%. Analysts predict 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 announced a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were given a $0.37 dividend. The ex-dividend date was Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a yield of 1.63%. Johnson Controls International’s dividend payout ratio is currently 56.49%.

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.