Blake Schutter Theil Wealth Advisors LLC Takes $493,000 Position in Johnson Controls International plc (NYSE:JCI)

Blake Schutter Theil Wealth Advisors LLC purchased a new stake in shares of Johnson Controls International plc (NYSE:JCI) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 6,350 shares of the company’s stock, valued at approximately $493,000.

Other institutional investors have also recently made changes to their positions in the company. Capital World Investors grew its holdings 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 worth $923,804,000 after purchasing an additional 6,520,580 shares during the period. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in Johnson Controls International by 686.4% during the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,445,418 shares of the company’s stock worth $295,487,000 after buying an additional 3,880,146 shares during the period. M&G Plc acquired a new stake in shares of Johnson Controls International during the first quarter valued at about $120,948,000. Toronto Dominion Bank raised its stake in shares of Johnson Controls International by 413.5% in 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 period. Finally, Ceredex Value Advisors LLC acquired a new position in shares of Johnson Controls International in the 2nd quarter worth approximately $73,881,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. StockNews.com upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating in a report on Monday. Bank of America boosted their price objective on Johnson Controls International from $80.00 to $95.00 and gave the company a “buy” rating in a report on Friday, September 27th. Mizuho raised 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. Wells Fargo & Company boosted their price target on shares of Johnson Controls International from $80.00 to $84.00 and gave the stock an “overweight” rating in a research note on Monday, October 7th. Finally, The Goldman Sachs Group raised their price objective on shares of Johnson Controls International from $73.00 to $81.00 and gave the company a “buy” rating in a research note on Friday, August 2nd. Eleven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, Johnson Controls International currently has an average rating of “Hold” and a consensus price target of $73.43.

Insider Activity

In related news, COO Nathan D. Manning sold 1,167 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $72.75, for a total value of $84,899.25. Following the completion of the transaction, the chief operating officer now directly owns 143,488 shares of the company’s stock, valued at $10,438,752. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other Johnson Controls International news, CEO George Oliver sold 110,615 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $76.79, for a total transaction of $8,494,125.85. Following the transaction, the chief executive officer now owns 1,243,751 shares of the company’s stock, valued at approximately $95,507,639.29. 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. Also, COO Nathan D. Manning sold 1,167 shares of the business’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 completion of the sale, the chief operating officer now directly owns 143,488 shares of the company’s stock, valued at $10,438,752. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 226,141 shares of company stock worth $16,904,519. 0.69% of the stock is currently owned by insiders.

Johnson Controls International Stock Performance

Shares of JCI stock opened at $81.49 on Thursday. The company has a market cap of $54.44 billion, a P/E ratio of 34.10, a PEG ratio of 2.12 and a beta of 1.29. The firm has a fifty day moving average price of $74.87 and a 200 day moving average price of $70.72. The company has a current ratio of 0.96, a quick ratio of 0.73 and a debt-to-equity ratio of 0.46. Johnson Controls International plc has a 12 month low of $50.00 and a 12 month high of $81.98.

Johnson Controls International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th were given a dividend of $0.37 per share. The ex-dividend date of this dividend was Wednesday, September 25th. This represents a $1.48 annualized dividend and a dividend yield of 1.82%. Johnson Controls International’s dividend payout ratio is currently 61.92%.

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.