Johnson Controls International plc (NYSE:JCI) Shares Acquired by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. lifted its position in Johnson Controls International plc (NYSE:JCI) by 2.3% in the fourth quarter, Holdings Channel reports. The firm owned 420,641 shares of the company’s stock after acquiring an additional 9,268 shares during the period. Rockefeller Capital Management L.P.’s holdings in Johnson Controls International were worth $33,194,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Compass Financial Services Inc acquired a new position in Johnson Controls International in the fourth quarter valued at $26,000. SBI Securities Co. Ltd. acquired a new position in Johnson Controls International in the 4th quarter valued at about $29,000. Crowley Wealth Management Inc. purchased a new stake in Johnson Controls International during the 4th quarter valued at approximately $42,000. Synergy Asset Management LLC acquired a new stake in Johnson Controls International during the 4th quarter worth approximately $42,000. Finally, ST Germain D J Co. Inc. grew its stake in shares of Johnson Controls International by 32.8% in 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. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Up 1.9 %

JCI opened at $77.68 on Monday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.86 and a current ratio of 1.02. The company has a market cap of $51.28 billion, a price-to-earnings ratio of 29.65, a PEG ratio of 1.96 and a beta of 1.22. Johnson Controls International plc has a one year low of $59.83 and a one year high of $91.14. The business’s fifty day moving average is $82.34 and its two-hundred day moving average is $80.82.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data 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%. Analysts anticipate that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 24th will be paid a dividend of $0.37 per share. The ex-dividend date of this dividend is Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.91%. Johnson Controls International’s dividend payout ratio (DPR) is 56.49%.

Analyst Upgrades and Downgrades

JCI has been the subject of several analyst reports. Melius cut Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price target for the company. in a research note on Tuesday, January 28th. Argus upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price objective for the company in a research report on Friday, December 20th. Citigroup lowered their target price on shares of Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating on the stock in a report on Monday, January 13th. Barclays dropped their price target on shares of Johnson Controls International from $88.00 to $85.00 and set an “equal weight” rating on the stock in a research note on Monday, March 10th. Finally, UBS Group upgraded shares of Johnson Controls International from a “neutral” rating to a “buy” rating and raised their price objective for the company from $90.00 to $103.00 in a research report on Monday, February 10th. Eight analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $90.00.

Insider Buying and Selling

In other news, CEO George Oliver sold 205,168 shares of the business’s stock in a transaction on 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 directly 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Daniel C. Mcconeghy sold 1,950 shares of the company’s stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $87.73, for a total value of $171,073.50. Following the completion of the sale, the vice president now owns 24,803 shares in the company, valued at $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. Insiders sold 907,286 shares of company stock worth $77,938,071 in the last ninety days. Insiders own 0.54% of the company’s stock.

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.