Johnson Controls International plc (NYSE:JCI) Shares Acquired by Farther Finance Advisors LLC

Farther Finance Advisors LLC grew its position in Johnson Controls International plc (NYSE:JCI) by 11.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,409 shares of the company’s stock after purchasing an additional 648 shares during the period. Farther Finance Advisors LLC’s holdings in Johnson Controls International were worth $497,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of JCI. Rehmann Capital Advisory Group increased its holdings in Johnson Controls International by 5.7% during the 1st quarter. Rehmann Capital Advisory Group now owns 4,904 shares of the company’s stock worth $320,000 after purchasing an additional 263 shares during the last quarter. SPC Financial Inc. purchased a new stake in Johnson Controls International during the 1st quarter worth approximately $428,000. Texas Permanent School Fund Corp increased its holdings in Johnson Controls International by 0.3% during the 1st quarter. Texas Permanent School Fund Corp now owns 140,880 shares of the company’s stock worth $9,202,000 after purchasing an additional 406 shares during the last quarter. Advisory Alpha LLC purchased a new stake in Johnson Controls International during the 1st quarter worth approximately $204,000. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in Johnson Controls International by 16.4% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 89,314 shares of the company’s stock worth $5,834,000 after purchasing an additional 12,561 shares during the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have issued reports on JCI shares. Wells Fargo & Company lifted their price objective on Johnson Controls International from $80.00 to $84.00 and gave the stock an “overweight” rating in a report on Monday, October 7th. The Goldman Sachs Group boosted their price target on Johnson Controls International from $73.00 to $81.00 and gave the stock a “buy” rating in a research report on Friday, August 2nd. Barclays boosted their price target on Johnson Controls International from $62.00 to $64.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 2nd. Royal Bank of Canada upgraded Johnson Controls International from an “underperform” rating to a “sector perform” rating and boosted their price target for the stock from $61.00 to $69.00 in a research report on Wednesday, August 14th. Finally, Robert W. Baird boosted their price target on Johnson Controls International from $72.00 to $78.00 and gave the stock a “neutral” rating in a research report on Thursday, August 1st. Eleven research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $73.43.

Johnson Controls International Trading Up 8.9 %

NYSE:JCI opened at $81.49 on Thursday. The company has a quick ratio of 0.73, a current ratio of 0.96 and a debt-to-equity ratio of 0.46. Johnson Controls International plc has a 1-year low of $50.00 and a 1-year high of $81.98. The firm has a market capitalization of $54.44 billion, a price-to-earnings ratio of 34.10, a price-to-earnings-growth ratio of 2.12 and a beta of 1.29. The stock has a fifty day simple moving average of $74.87 and a 200 day simple moving average of $70.72.

Johnson Controls International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 18th. Investors of record on Wednesday, September 25th were given a $0.37 dividend. The ex-dividend date of this dividend was Wednesday, September 25th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.82%. Johnson Controls International’s dividend payout ratio (DPR) is 61.92%.

Insider Activity at Johnson Controls International

In related news, CEO George Oliver sold 110,615 shares of the stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $76.79, for a total value of $8,494,125.85. Following the completion of the sale, the chief executive officer now directly owns 1,243,751 shares of the company’s stock, valued at approximately $95,507,639.29. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CEO George Oliver sold 110,615 shares of the stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $76.79, for a total value of $8,494,125.85. Following the completion of the sale, the chief executive officer now directly owns 1,243,751 shares of the company’s stock, valued at approximately $95,507,639.29. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Nathan D. Manning sold 3,000 shares of the 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 completion of the sale, the chief operating officer now directly owns 140,488 shares of the company’s stock, valued at approximately $10,828,815.04. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 226,141 shares of company stock worth $16,904,519 in the last quarter. 0.69% of the stock is owned by company insiders.

About Johnson Controls International

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.