Natixis Advisors LLC Acquires 20,303 Shares of Johnson Controls International plc (NYSE:JCI)

Natixis Advisors LLC grew its stake in Johnson Controls International plc (NYSE:JCI) by 2.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 880,720 shares of the company’s stock after purchasing an additional 20,303 shares during the period. Natixis Advisors LLC owned about 0.13% of Johnson Controls International worth $69,515,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in JCI. Frank Rimerman Advisors LLC grew its stake in shares of Johnson Controls International by 8.3% during the fourth quarter. Frank Rimerman Advisors LLC now owns 6,608 shares of the company’s stock worth $522,000 after buying an additional 509 shares during the last quarter. Ironwood Investment Counsel LLC grew its position in Johnson Controls International by 7.1% during the 4th quarter. Ironwood Investment Counsel LLC now owns 3,849 shares of the company’s stock worth $304,000 after acquiring an additional 255 shares during the last quarter. Atala Financial Inc acquired a new position in Johnson Controls International in the 4th quarter worth about $129,000. Madison Investment Advisors LLC bought a new position in Johnson Controls International in the fourth quarter valued at about $213,000. Finally, Impact Capital Partners LLC bought a new stake in shares of Johnson Controls International during the fourth quarter worth about $293,000. 90.05% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, Director George Oliver sold 15,669 shares of the stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $77.49, for a total value of $1,214,190.81. Following the completion of the sale, the director now directly owns 1,003,893 shares of the company’s stock, valued at $77,791,668.57. This represents a 1.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Daniel C. Mcconeghy sold 1,950 shares of the firm’s stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $87.73, for a total value of $171,073.50. Following the completion of the transaction, the vice president now owns 24,803 shares in the company, valued at $2,175,967.19. This represents a 7.29 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 906,050 shares of company stock worth $77,839,329 in the last quarter. Insiders own 0.54% of the company’s stock.

Analyst Ratings Changes

JCI has been the subject of a number of research reports. Morgan Stanley raised their price objective on shares of Johnson Controls International from $95.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Royal Bank of Canada increased their price objective on Johnson Controls International from $86.00 to $93.00 and gave the company a “sector perform” rating in a report on Thursday, February 6th. Wells Fargo & Company lifted their target price on Johnson Controls International from $92.00 to $98.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Barclays decreased their price target on Johnson Controls International from $88.00 to $85.00 and set an “equal weight” rating for the company in a research note on Monday, March 10th. Finally, Argus raised Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price objective on the stock in a research note on Friday, December 20th. Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, Johnson Controls International currently has a consensus rating of “Moderate Buy” and an average price target of $91.27.

Johnson Controls International Stock Performance

Shares of Johnson Controls International stock opened at $79.78 on Friday. The business has a 50-day simple moving average of $82.41 and a 200 day simple moving average of $79.73. The firm has a market capitalization of $52.67 billion, a price-to-earnings ratio of 30.45, a PEG ratio of 1.96 and a beta of 1.32. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. Johnson Controls International plc has a one year low of $59.83 and a one year high of $91.14.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.59 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. On average, research analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 24th will be given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.86%. The ex-dividend date is Monday, March 24th. Johnson Controls International’s payout ratio is presently 56.49%.

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.