Brighton Jones LLC Makes New $222,000 Investment in Johnson Controls International plc (NYSE:JCI)

Brighton Jones LLC purchased a new stake in shares of Johnson Controls International plc (NYSE:JCI) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 2,809 shares of the company’s stock, valued at approximately $222,000.

A number of other hedge funds also recently modified their holdings of JCI. Fortitude Family Office LLC lifted its holdings in Johnson Controls International by 195.8% during the 3rd quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock worth $33,000 after buying an additional 278 shares during the period. Wolff Wiese Magana LLC lifted its stake in shares of Johnson Controls International by 977.3% in the third quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock worth $37,000 after acquiring an additional 430 shares during the period. ST Germain D J Co. Inc. boosted its holdings in Johnson Controls International by 32.8% in the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock valued at $43,000 after acquiring an additional 134 shares during the last quarter. Western Pacific Wealth Management LP acquired a new stake in Johnson Controls International during the 3rd quarter valued at approximately $44,000. Finally, Friedenthal Financial bought a new position in Johnson Controls International during the 4th quarter worth approximately $49,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Stock Down 5.6 %

Shares of NYSE JCI opened at $77.00 on Tuesday. 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 has a 50-day moving average price of $81.62 and a 200-day moving average price of $76.34. The stock has a market capitalization of $50.83 billion, a P/E ratio of 30.31, a P/E/G ratio of 2.35 and a beta of 1.32. Johnson Controls International plc has a 1 year low of $52.02 and a 1 year high of $87.16.

Johnson Controls International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date of this dividend was Monday, December 23rd. Johnson Controls International’s dividend payout ratio is currently 58.27%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on JCI shares. Royal Bank of Canada upped their price objective 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. UBS Group assumed coverage on Johnson Controls International in a report on Wednesday, November 13th. They set a “neutral” rating and a $90.00 price target for the company. Wells Fargo & Company dropped their price objective on Johnson Controls International from $95.00 to $92.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. Mizuho raised their target price on Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a research note on Thursday, October 17th. Finally, Citigroup dropped their price target on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating on the stock in a research note on Monday, January 13th. Ten research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, Johnson Controls International has an average rating of “Hold” and a consensus price target of $82.53.

Insider Transactions at Johnson Controls International

In related news, EVP Marlon Sullivan sold 7,230 shares of the stock in a transaction on Wednesday, December 11th. The stock was 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 transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO George Oliver sold 110,616 shares of the firm’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $84.60, for a total value of $9,358,113.60. Following the transaction, the chief executive officer now owns 1,244,617 shares in the company, valued at approximately $105,294,598.20. This trade represents a 8.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 647,787 shares of company stock valued at $53,972,452 over the last ninety days. 0.69% of the stock is currently owned by 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.