Stonebrook Private Inc. Purchases 462 Shares of Johnson Controls International plc (NYSE:JCI)

Stonebrook Private Inc. grew its position in Johnson Controls International plc (NYSE:JCI) by 1.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,627 shares of the company’s stock after acquiring an additional 462 shares during the quarter. Stonebrook Private Inc.’s holdings in Johnson Controls International were worth $2,067,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Barrow Hanley Mewhinney & Strauss LLC boosted its position in shares of 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 valued at $295,487,000 after buying an additional 3,880,146 shares during the period. Ceredex Value Advisors LLC bought a new stake in shares of Johnson Controls International during the 2nd quarter worth approximately $73,881,000. Point72 Asset Management L.P. boosted its holdings in Johnson Controls International by 263.9% during the 2nd quarter. Point72 Asset Management L.P. now owns 1,341,919 shares of the company’s stock valued at $89,197,000 after acquiring an additional 973,145 shares during the period. Electron Capital Partners LLC grew its position in Johnson Controls International by 81.3% in the 2nd quarter. Electron Capital Partners LLC now owns 1,432,335 shares of the company’s stock valued at $95,207,000 after acquiring an additional 642,315 shares during the last quarter. Finally, Interval Partners LP increased its stake in Johnson Controls International by 601.5% in the second quarter. Interval Partners LP now owns 676,676 shares of the company’s stock worth $44,979,000 after purchasing an additional 580,212 shares during the period. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Price Performance

Shares of JCI opened at $83.45 on Friday. The firm has a market capitalization of $55.26 billion, a PE ratio of 32.85, a price-to-earnings-growth ratio of 2.34 and a beta of 1.29. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.79. The company’s fifty day moving average price is $78.13 and its 200-day moving average price is $72.38. Johnson Controls International plc has a 1-year low of $51.70 and a 1-year high of $87.16.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th were paid a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.77%. The ex-dividend date of this dividend was Wednesday, September 25th. Johnson Controls International’s payout ratio is 58.27%.

Wall Street Analyst Weigh In

JCI has been the subject of a number of recent analyst reports. Royal Bank of Canada boosted their target price on shares of Johnson Controls International from $81.00 to $86.00 and gave the company a “sector perform” rating in a research note on Thursday, November 7th. Oppenheimer upped 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 note on Thursday, November 7th. Bank of America lifted their price target on shares of Johnson Controls International from $80.00 to $95.00 and gave the company a “buy” rating in a research note on Friday, September 27th. Mizuho upped their target price on Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a report on Thursday, October 17th. Finally, Robert W. Baird raised their price target on Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Twelve analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $77.21.

Insider Buying and Selling

In other news, COO Nathan D. Manning sold 3,000 shares of the company’s stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $77.08, for a total value of $231,240.00. Following the sale, the chief operating officer now owns 140,488 shares in the company, valued at $10,828,815.04. This represents a 2.09 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO George Oliver sold 224,152 shares of Johnson Controls International stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $82.72, for a total value of $18,541,853.44. Following the transaction, the chief executive officer now owns 1,166,992 shares of the company’s stock, valued at approximately $96,533,578.24. This represents a 16.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 561,095 shares of company stock valued at $44,820,037 over the last quarter. 0.69% of the stock is currently owned by company insiders.

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.