GAMMA Investing LLC Raises Stock Holdings in Johnson Controls International plc (NYSE:JCI)

GAMMA Investing LLC grew its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 14.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,519 shares of the company’s stock after buying an additional 1,427 shares during the quarter. GAMMA Investing LLC’s holdings in Johnson Controls International were worth $909,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Fortitude Family Office LLC grew its position 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 worth $33,000 after acquiring an additional 278 shares in the last quarter. Wolff Wiese Magana LLC increased its stake in 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 last quarter. Western Pacific Wealth Management LP acquired a new stake in shares of Johnson Controls International during the third quarter worth $44,000. Larson Financial Group LLC lifted its position in shares of Johnson Controls International by 169.3% in the 3rd quarter. Larson Financial Group LLC now owns 738 shares of the company’s stock worth $57,000 after buying an additional 464 shares during the last quarter. Finally, Ashton Thomas Securities LLC acquired a new position in shares of Johnson Controls International in the 3rd quarter valued at about $61,000. 90.05% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on JCI shares. Robert W. Baird increased their price objective on shares of Johnson Controls International from $80.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. StockNews.com downgraded Johnson Controls International from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Bank of America upped their price objective on Johnson Controls International from $80.00 to $95.00 and gave the stock a “buy” rating in a research note on Friday, September 27th. Argus upgraded Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 target price on the stock in a research note on Friday, December 20th. Finally, Mizuho upped their price target on shares of Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th. Ten equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $80.93.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, EVP Marlon Sullivan sold 7,230 shares of the company’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total value of $602,620.50. Following the completion of the sale, the executive vice president now directly owns 32,246 shares of the company’s stock, valued at approximately $2,687,704.10. This represents a 18.31 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO George Oliver sold 110,615 shares of Johnson Controls International stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer now directly owns 1,243,751 shares in the company, valued at $95,507,639.29. This represents a 8.17 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 758,588 shares of company stock valued at $62,480,987. 0.69% of the stock is owned by corporate insiders.

Johnson Controls International Trading Up 1.2 %

Shares of NYSE:JCI opened at $79.92 on Friday. The company has a 50 day moving average of $81.59 and a 200-day moving average of $74.85. The company has a current ratio of 0.94, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46. The firm has a market cap of $52.92 billion, a P/E ratio of 31.46, a P/E/G ratio of 2.31 and a beta of 1.32. Johnson Controls International plc has a twelve month low of $51.71 and a twelve month high of $87.16.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Monday, December 23rd will be given a $0.37 dividend. The ex-dividend date of this dividend is Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a yield of 1.85%. Johnson Controls International’s dividend payout ratio (DPR) is 58.27%.

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.