OneDigital Investment Advisors LLC boosted its stake in Johnson Controls International plc (NYSE:JCI – Free Report) by 5.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,964 shares of the company’s stock after purchasing an additional 390 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in Johnson Controls International were worth $540,000 as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of the stock. Fortitude Family Office LLC lifted its position in Johnson Controls International by 195.8% during the third quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock valued at $33,000 after purchasing an additional 278 shares during the last quarter. Continuum Advisory LLC increased 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 valued at $35,000 after purchasing an additional 208 shares during the last quarter. Wolff Wiese Magana LLC increased its position in shares of Johnson Controls International by 977.3% during the 3rd 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 purchased a new position in Johnson Controls International during the third quarter worth $44,000. Finally, Hexagon Capital Partners LLC lifted its holdings in shares of Johnson Controls International by 39.7% in the 2nd quarter. Hexagon Capital Partners LLC now owns 711 shares of the company’s stock worth $47,000 after acquiring an additional 202 shares during the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.
Insider Buying and Selling
In related news, CEO George Oliver sold 110,616 shares of Johnson Controls International stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $84.60, for a total transaction of $9,358,113.60. Following the completion of the transaction, the chief executive officer now directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Nathan D. Manning sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $77.08, for a total transaction of $231,240.00. Following the sale, the chief operating officer now directly owns 140,488 shares in the company, valued at $10,828,815.04. The trade was a 2.09 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 336,943 shares of company stock valued at $26,278,184 over the last quarter. 0.69% of the stock is currently owned by company insiders.
Johnson Controls International Trading Down 0.7 %
Johnson Controls International Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th were paid a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.78%. The ex-dividend date of this dividend was Wednesday, September 25th. Johnson Controls International’s payout ratio is 58.27%.
Analyst Ratings Changes
A number of research firms recently weighed in on JCI. Barclays increased their price objective on shares of 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. Oppenheimer upped their target price on shares of Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Royal Bank of Canada upped their target price on Johnson Controls International from $81.00 to $86.00 and gave the stock a “sector perform” rating in a report on Thursday, November 7th. The Goldman Sachs Group upped their price objective on shares of Johnson Controls International from $73.00 to $81.00 and gave the stock a “buy” rating in a research note on Friday, August 2nd. Finally, StockNews.com downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Wednesday. Twelve equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $77.21.
Get Our Latest Stock Analysis on Johnson Controls International
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.
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