KBC Group NV Acquires 287 Shares of Johnson Controls International plc (NYSE:JCI)

KBC Group NV boosted its holdings in Johnson Controls International plc (NYSE:JCI) by 0.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 155,933 shares of the company’s stock after purchasing an additional 287 shares during the quarter. KBC Group NV’s holdings in Johnson Controls International were worth $12,102,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in JCI. Fortitude Family Office LLC increased its stake in shares of Johnson Controls International by 195.8% in the 3rd quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock valued at $33,000 after acquiring an additional 278 shares in the last quarter. Wolff Wiese Magana LLC raised its holdings in shares of Johnson Controls International by 977.3% during the third quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock valued at $37,000 after purchasing an additional 430 shares during the period. Continuum Advisory LLC boosted its position in shares of Johnson Controls International by 65.2% during the 2nd quarter. Continuum Advisory LLC now owns 527 shares of the company’s stock worth $35,000 after purchasing an additional 208 shares in the last quarter. Western Pacific Wealth Management LP acquired a new stake in shares of Johnson Controls International in the 3rd quarter valued at about $44,000. Finally, Friedenthal Financial bought a new stake in Johnson Controls International in the 2nd quarter valued at about $47,000. 90.05% of the stock is owned by institutional investors and hedge funds.

Johnson Controls International Stock Down 0.9 %

Johnson Controls International stock opened at $84.40 on Friday. The firm has a 50 day moving average price of $76.84 and a 200-day moving average price of $71.65. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.46. Johnson Controls International plc has a twelve month low of $51.40 and a twelve month high of $87.16. The company has a market capitalization of $56.38 billion, a P/E ratio of 33.23, a P/E/G ratio of 2.39 and a beta of 1.29.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Wednesday, September 25th were given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date was Wednesday, September 25th. Johnson Controls International’s dividend payout ratio is currently 58.27%.

Insider Buying and Selling at Johnson Controls International

In related news, CEO George Oliver sold 110,615 shares of Johnson Controls International stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of $76.79, for a total value of $8,494,125.85. Following the completion of the transaction, the chief executive officer now directly owns 1,243,751 shares in the company, valued at approximately $95,507,639.29. The trade was a 8.17 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Nathan D. Manning sold 1,167 shares of the stock in a transaction 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 sale, the chief operating officer now owns 143,488 shares in the company, valued at approximately $10,438,752. This represents a 0.81 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 226,141 shares of company stock worth $16,904,519 over the last ninety days. 0.69% of the stock is currently owned by company insiders.

Analyst Ratings Changes

JCI has been the topic of several recent research reports. Robert W. Baird increased their price target on Johnson Controls International from $80.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Bank of America boosted 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. Barclays raised their price objective on shares of Johnson Controls International from $62.00 to $64.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 2nd. Royal Bank of Canada boosted their target price on shares of Johnson Controls International from $81.00 to $86.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 7th. Finally, UBS Group began coverage on shares of Johnson Controls International in a research report on Wednesday. They issued a “neutral” rating and a $90.00 price target on the stock. Twelve analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $77.21.

Johnson Controls International 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.