4,525 Shares in Johnson Controls International plc $JCI Purchased by Harbour Wealth Management Group Inc.

Harbour Wealth Management Group Inc. acquired a new position in Johnson Controls International plc (NYSE:JCI) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 4,525 shares of the company’s stock, valued at approximately $542,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Maseco LLP raised its holdings in shares of Johnson Controls International by 102.9% in the 4th quarter. Maseco LLP now owns 211 shares of the company’s stock worth $25,000 after purchasing an additional 107 shares during the period. Roxbury Financial LLC grew its holdings in Johnson Controls International by 71.9% during the fourth quarter. Roxbury Financial LLC now owns 239 shares of the company’s stock valued at $29,000 after purchasing an additional 100 shares during the period. Twin Tree Management LP increased its position in Johnson Controls International by 140.9% in the fourth quarter. Twin Tree Management LP now owns 260 shares of the company’s stock worth $31,000 after buying an additional 895 shares during the last quarter. YANKCOM Partnership purchased a new stake in Johnson Controls International in the fourth quarter worth $34,000. Finally, Dunhill Financial LLC raised its stake in shares of Johnson Controls International by 123.3% in the third quarter. Dunhill Financial LLC now owns 335 shares of the company’s stock valued at $37,000 after buying an additional 185 shares during the period. 90.05% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently weighed in on JCI. Barclays increased their price target on Johnson Controls International from $136.00 to $144.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 7th. JPMorgan Chase & Co. upped their price objective on shares of Johnson Controls International from $158.00 to $162.00 in a report on Thursday, May 7th. Robert W. Baird increased their target price on shares of Johnson Controls International from $132.00 to $148.00 and gave the stock a “neutral” rating in a research report on Monday, April 27th. UBS Group lifted their target price on shares of Johnson Controls International from $170.00 to $180.00 and gave the stock a “buy” rating in a research note on Tuesday, June 2nd. Finally, Citigroup boosted their price target on shares of Johnson Controls International from $150.00 to $155.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $152.85.

Insider Buying and Selling

In related news, VP Lei Zhang Schlitz sold 88,809 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $140.99, for a total transaction of $12,521,180.91. Following the sale, the vice president owned 57,059 shares of the company’s stock, valued at approximately $8,044,748.41. This represents a 60.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Todd M. Grabowski sold 1,800 shares of the stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $146.20, for a total transaction of $263,160.00. Following the completion of the sale, the vice president owned 26,215 shares in the company, valued at $3,832,633. This represents a 6.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.29% of the stock is currently owned by company insiders.

Johnson Controls International Price Performance

Shares of NYSE JCI opened at $145.07 on Friday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.85 and a current ratio of 1.04. Johnson Controls International plc has a fifty-two week low of $100.86 and a fifty-two week high of $149.38. The stock has a market cap of $88.51 billion, a PE ratio of 25.95, a price-to-earnings-growth ratio of 1.54 and a beta of 1.32. The stock has a fifty day moving average of $141.36 and a 200-day moving average of $131.67.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings data on Tuesday, March 31st. The company reported $1.19 earnings per share (EPS) for the quarter. Johnson Controls International had a return on equity of 19.50% and a net margin of 14.45%.The business had revenue of $6.14 billion for the quarter. Equities research analysts anticipate that Johnson Controls International plc will post 4.89 earnings per share for the current year.

Johnson Controls International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Monday, June 15th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Monday, June 15th. Johnson Controls International’s dividend payout ratio is presently 28.62%.

Johnson Controls International Company Profile

Johnson Controls International plc is a global diversified technology and multi?industrial company that develops products, services and solutions for buildings and energy storage. The company’s core focus is on improving building efficiency, safety and sustainability through a combination of HVAC equipment, building controls and automation, fire and security systems, and related services. Johnson Controls traces its roots to 1885, when inventor Warren S. Johnson developed an electric room thermostat; over its long history the company has expanded from controls into a broad set of building?related technologies and, through corporate transactions, into a global provider of integrated building solutions.

Johnson Controls’ product and service portfolio includes heating, ventilation and air?conditioning equipment, chillers, air handlers and related mechanical systems, together with building automation and control platforms that monitor and manage energy use, indoor environmental quality and security.