NorthRock Partners LLC Purchases 357 Shares of Johnson Controls International plc (NYSE:JCI)

NorthRock Partners LLC grew its position in Johnson Controls International plc (NYSE:JCI) by 10.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,869 shares of the company’s stock after purchasing an additional 357 shares during the period. NorthRock Partners LLC’s holdings in Johnson Controls International were worth $300,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Rehmann Capital Advisory Group lifted its holdings in Johnson Controls International by 5.7% during the first quarter. Rehmann Capital Advisory Group now owns 4,904 shares of the company’s stock worth $320,000 after acquiring an additional 263 shares during the period. SPC Financial Inc. purchased a new position in shares of Johnson Controls International in the 1st quarter worth about $428,000. Texas Permanent School Fund Corp grew its position in Johnson Controls International by 0.3% during the first quarter. Texas Permanent School Fund Corp now owns 140,880 shares of the company’s stock valued at $9,202,000 after buying an additional 406 shares during the period. Advisory Alpha LLC purchased a new stake in Johnson Controls International during the first quarter worth about $204,000. Finally, Envestnet Portfolio Solutions Inc. raised its position in Johnson Controls International by 16.4% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 89,314 shares of the company’s stock worth $5,834,000 after acquiring an additional 12,561 shares during the period. 90.05% of the stock is owned by institutional investors.

Insider Buying and Selling at Johnson Controls International

In other news, COO Nathan D. Manning sold 1,167 shares of the firm’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $72.75, for a total transaction of $84,899.25. Following the sale, the chief operating officer now owns 143,488 shares in the company, valued at approximately $10,438,752. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other news, CEO George Oliver sold 110,615 shares of the company’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 completion of the transaction, the chief executive officer now directly owns 1,243,751 shares in the company, valued at approximately $90,383,385.17. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Nathan D. Manning sold 1,167 shares of the firm’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $72.75, for a total value of $84,899.25. Following the transaction, the chief operating officer now directly owns 143,488 shares in the company, valued at approximately $10,438,752. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 226,141 shares of company stock worth $16,904,519 over the last three months. 0.69% of the stock is owned by insiders.

Johnson Controls International Price Performance

Shares of NYSE JCI opened at $81.49 on Thursday. The stock’s 50-day simple moving average is $74.87 and its two-hundred day simple moving average is $70.72. Johnson Controls International plc has a twelve month low of $50.00 and a twelve month high of $81.98. The firm has a market capitalization of $54.44 billion, a P/E ratio of 34.10, a P/E/G ratio of 2.12 and a beta of 1.29. The company has a quick ratio of 0.73, a current ratio of 0.96 and a debt-to-equity ratio of 0.46.

Johnson Controls International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, October 18th. Investors of record on Wednesday, September 25th were paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date was Wednesday, September 25th. Johnson Controls International’s dividend payout ratio is currently 61.92%.

Analysts Set New Price Targets

JCI has been the subject of several research analyst reports. StockNews.com upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating in a research note on Monday. Morgan Stanley initiated coverage on Johnson Controls International in a research note on Friday, September 6th. They issued an “overweight” rating and a $85.00 target price on the stock. The Goldman Sachs Group upped their price target 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 lifted their price objective on Johnson Controls International from $80.00 to $84.00 and gave the stock an “overweight” rating in a report on Monday, October 7th. Finally, Bank of America upped their price objective on shares of Johnson Controls International from $80.00 to $95.00 and gave the company a “buy” rating in a report on Friday, September 27th. Eleven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $73.43.

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.