Austin Private Wealth LLC Purchases Shares of 2,595 Johnson Controls International plc (NYSE:JCI)

Austin Private Wealth LLC purchased a new stake in shares of Johnson Controls International plc (NYSE:JCI) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 2,595 shares of the company’s stock, valued at approximately $201,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in JCI. Capital World Investors lifted its position in shares of Johnson Controls International by 85.5% during the 1st quarter. Capital World Investors now owns 14,142,736 shares of the company’s stock valued at $923,804,000 after acquiring an additional 6,520,580 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its position in shares of Johnson Controls International by 686.4% during the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,445,418 shares of the company’s stock valued at $295,487,000 after acquiring an additional 3,880,146 shares during the last quarter. M&G Plc acquired a new stake in shares of Johnson Controls International during the 1st quarter valued at $120,948,000. Toronto Dominion Bank lifted its position in shares of Johnson Controls International by 413.5% during the 1st quarter. Toronto Dominion Bank now owns 1,935,465 shares of the company’s stock valued at $126,425,000 after acquiring an additional 1,558,560 shares during the last quarter. Finally, Ceredex Value Advisors LLC acquired a new stake in shares of Johnson Controls International during the 2nd quarter valued at $73,881,000. 90.05% of the stock is owned by institutional investors.

Johnson Controls International Trading Up 0.8 %

Johnson Controls International stock opened at $74.86 on Wednesday. The company has a market capitalization of $50.01 billion, a price-to-earnings ratio of 31.32, a PEG ratio of 2.12 and a beta of 1.29. The company’s fifty day moving average price is $74.66 and its two-hundred day moving average price is $70.64. Johnson Controls International plc has a one year low of $50.00 and a one year high of $78.23. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.96 and a quick ratio of 0.73.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th were given a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.98%. The ex-dividend date of this dividend was Wednesday, September 25th. Johnson Controls International’s dividend payout ratio is currently 61.92%.

Insider Activity

In other news, CEO George Oliver sold 110,615 shares of the firm’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $72.67, for a total value of $8,038,392.05. Following the sale, the chief executive officer now directly owns 1,243,751 shares of the company’s stock, valued at approximately $90,383,385.17. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, COO Nathan D. Manning sold 3,000 shares of the stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $77.08, for a total value of $231,240.00. Following the completion of the sale, the chief operating officer now owns 140,488 shares in the company, valued at approximately $10,828,815.04. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO George Oliver sold 110,615 shares of the stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $72.67, for a total transaction of $8,038,392.05. Following the completion of the sale, the chief executive officer now owns 1,243,751 shares of the company’s stock, valued at approximately $90,383,385.17. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 226,141 shares of company stock valued at $16,904,519. 0.69% of the stock is owned by insiders.

Analyst Ratings Changes

JCI has been the subject of a number of recent research reports. Oppenheimer increased their price objective on Johnson Controls International from $79.00 to $86.00 and gave the company an “outperform” rating in a research report on Wednesday, October 2nd. StockNews.com upgraded Johnson Controls International from a “hold” rating to a “buy” rating in a research report on Monday. The Goldman Sachs Group increased their price objective on Johnson Controls International from $73.00 to $81.00 and gave the company a “buy” rating in a research report on Friday, August 2nd. Wells Fargo & Company increased their target price on Johnson Controls International from $80.00 to $84.00 and gave the company an “overweight” rating in a report on Monday, October 7th. Finally, Mizuho increased their target price on Johnson Controls International from $62.00 to $75.00 and gave the company a “neutral” rating in a report on Thursday, October 17th. Eleven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $73.43.

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.