Hennion & Walsh Asset Management Inc. Purchases 2,533 Shares of Johnson Controls International plc (NYSE:JCI)

Hennion & Walsh Asset Management Inc. lifted its position in Johnson Controls International plc (NYSE:JCI) by 79.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 5,729 shares of the company’s stock after purchasing an additional 2,533 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Johnson Controls International were worth $452,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in JCI. Fortitude Family Office LLC grew its holdings in shares of Johnson Controls International by 195.8% in the third quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock worth $33,000 after purchasing an additional 278 shares during the last quarter. Wolff Wiese Magana LLC grew its holdings 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 purchasing an additional 430 shares during the last quarter. ST Germain D J Co. Inc. grew its holdings in shares of 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 worth $43,000 after purchasing an additional 134 shares during the last quarter. Western Pacific Wealth Management LP bought a new position in shares of Johnson Controls International in the third quarter worth approximately $44,000. Finally, Friedenthal Financial bought a new stake in Johnson Controls International in the fourth quarter valued at $49,000. Institutional investors own 90.05% of the company’s stock.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, CEO George Oliver sold 224,152 shares of the business’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $82.72, for a total value of $18,541,853.44. Following the completion of the transaction, the chief executive officer now owns 1,166,992 shares of the company’s stock, valued at approximately $96,533,578.24. The trade was a 16.11 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Marlon Sullivan sold 7,230 shares of the business’s stock in a transaction dated 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 transaction, the executive vice president now directly owns 32,246 shares of the company’s stock, valued at approximately $2,687,704.10. This trade represents a 18.31 % decrease in their position. 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 in the last quarter. 0.69% of the stock is owned by insiders.

Johnson Controls International Price Performance

JCI opened at $81.34 on Tuesday. The stock has a 50-day moving average price of $81.96 and a 200-day moving average price of $75.82. 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 firm has a market cap of $53.86 billion, a PE ratio of 32.02, a P/E/G ratio of 2.20 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 Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were given a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.82%. The ex-dividend date was Monday, December 23rd. Johnson Controls International’s dividend payout ratio is presently 58.27%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on JCI shares. Wells Fargo & Company cut their price target on shares of Johnson Controls International from $95.00 to $92.00 and set an “overweight” rating on the stock in a report on Tuesday, January 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 report on Friday, September 27th. UBS Group started coverage on shares of Johnson Controls International in a report on Wednesday, November 13th. They issued a “neutral” rating and a $90.00 price target on the stock. Barclays lifted their price target on shares of Johnson Controls International from $75.00 to $83.00 and gave the company an “equal weight” rating in a report on Thursday, December 5th. Finally, Mizuho lifted their price target on shares of Johnson Controls International from $62.00 to $75.00 and gave the company a “neutral” rating in a report on Thursday, October 17th. Ten analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, Johnson Controls International presently has a consensus rating of “Hold” and an average price target of $82.53.

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.