Lineweaver Wealth Advisors LLC Buys 1,641 Shares of Johnson Controls International plc (NYSE:JCI)

Lineweaver Wealth Advisors LLC grew its stake in shares of Johnson Controls International plc (NYSE:JCI) by 7.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 24,460 shares of the company’s stock after acquiring an additional 1,641 shares during the period. Lineweaver Wealth Advisors LLC’s holdings in Johnson Controls International were worth $1,931,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of JCI. Compass Financial Services Inc bought a new stake in Johnson Controls International during the 4th quarter worth $26,000. Fortitude Family Office LLC raised its position in Johnson Controls International by 195.8% in the third 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 acquired a new stake in shares of Johnson Controls International during the fourth quarter valued at about $42,000. ST Germain D J Co. Inc. grew its holdings in shares of Johnson Controls International by 32.8% during the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock worth $43,000 after purchasing an additional 134 shares during the last quarter. Finally, Western Pacific Wealth Management LP acquired a new position in shares of Johnson Controls International in the third quarter valued at approximately $44,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

JCI has been the topic of several recent research reports. Oppenheimer lifted their target price on shares of Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. Robert W. Baird boosted their price objective 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. Barclays increased their price objective on Johnson Controls International from $75.00 to $83.00 and gave the company an “equal weight” rating in a report on Thursday, December 5th. Melius downgraded Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 target price on the stock. in a report on Tuesday, January 28th. Finally, Citigroup decreased their price target on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a research note on Monday, January 13th. Eight equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $91.13.

Johnson Controls International Price Performance

Johnson Controls International stock opened at $84.97 on Thursday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.86 and a current ratio of 1.02. Johnson Controls International plc has a 52-week low of $58.90 and a 52-week high of $91.14. The stock’s 50 day moving average price is $82.22 and its two-hundred day moving average price is $78.83. The stock has a market capitalization of $56.09 billion, a price-to-earnings ratio of 32.43, a PEG ratio of 1.96 and a beta of 1.32.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings results 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 net margin of 6.83% and a return on equity of 15.11%. On average, equities analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were paid 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 1.74%. Johnson Controls International’s dividend payout ratio (DPR) is presently 56.49%.

Insider Activity

In other news, EVP Marlon Sullivan sold 7,230 shares of Johnson Controls International stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total transaction of $602,620.50. Following the completion of the transaction, the executive vice president now directly owns 32,246 shares in the company, valued at $2,687,704.10. This trade represents a 18.31 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO George Oliver sold 205,168 shares of the company’s stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $88.03, for a total transaction of $18,060,939.04. Following the completion of the sale, the chief executive officer now owns 1,260,527 shares in the company, valued at $110,964,191.81. This represents a 14.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 837,963 shares of company stock worth $72,883,012 over the last quarter. 0.54% of the stock is currently owned by corporate insiders.

About Johnson Controls International

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.