Oarsman Capital Inc. Acquires 1,417 Shares of Johnson Controls International plc (NYSE:JCI)

Oarsman Capital Inc. grew its stake in shares of Johnson Controls International plc (NYSE:JCI) by 6.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,283 shares of the company’s stock after acquiring an additional 1,417 shares during the period. Oarsman Capital Inc.’s holdings in Johnson Controls International were worth $1,917,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. KCM Investment Advisors LLC boosted its stake in Johnson Controls International by 6.1% in the 4th quarter. KCM Investment Advisors LLC now owns 24,089 shares of the company’s stock worth $1,901,000 after purchasing an additional 1,382 shares during the period. Smith Moore & CO. purchased a new stake in shares of Johnson Controls International in the fourth quarter worth about $235,000. Landscape Capital Management L.L.C. grew its stake in Johnson Controls International by 17.5% during the fourth quarter. Landscape Capital Management L.L.C. now owns 23,469 shares of the company’s stock valued at $1,852,000 after acquiring an additional 3,500 shares in the last quarter. ExodusPoint Capital Management LP increased its holdings in Johnson Controls International by 63.8% during the 4th quarter. ExodusPoint Capital Management LP now owns 31,032 shares of the company’s stock worth $2,449,000 after acquiring an additional 12,084 shares during the period. Finally, Arete Wealth Advisors LLC lifted its stake in Johnson Controls International by 6.1% in the 4th quarter. Arete Wealth Advisors LLC now owns 6,446 shares of the company’s stock worth $510,000 after purchasing an additional 368 shares in the last quarter. 90.05% of the stock is owned by institutional investors.

Johnson Controls International Stock Performance

Johnson Controls International stock opened at $71.84 on Friday. Johnson Controls International plc has a twelve month low of $59.83 and a twelve month high of $91.14. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $47.42 billion, a P/E ratio of 27.42, a PEG ratio of 1.96 and a beta of 1.32. The stock’s 50 day moving average is $82.63 and its 200 day moving average is $80.75.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. On average, equities research analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 24th will be given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date is Monday, March 24th. Johnson Controls International’s dividend payout ratio (DPR) is presently 56.49%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Royal Bank of Canada increased their price objective on Johnson Controls International from $86.00 to $93.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 6th. Argus upgraded Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price target for the company in a research report on Friday, December 20th. JPMorgan Chase & Co. upped their price objective on shares of Johnson Controls International from $87.00 to $100.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Citigroup dropped their target price on shares of Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a research report on Monday, January 13th. Finally, Melius lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price target on the stock. in a report on Tuesday, January 28th. Eight equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $91.27.

Insider Activity at Johnson Controls International

In other news, CEO George Oliver sold 205,168 shares of the firm’s stock in a transaction dated 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 transaction, the chief executive officer now owns 1,260,527 shares of the company’s stock, valued at $110,964,191.81. This trade represents a 14.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Daniel C. Mcconeghy sold 1,950 shares of Johnson Controls International stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $87.73, for a total transaction of $171,073.50. Following the transaction, the vice president now directly owns 24,803 shares in the company, valued at $2,175,967.19. This represents a 7.29 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 907,286 shares of company stock worth $77,938,071. 0.54% of the stock is owned by 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.