EverSource Wealth Advisors LLC Has $161,000 Position in Johnson Controls International plc (NYSE:JCI)

EverSource Wealth Advisors LLC grew its position in Johnson Controls International plc (NYSE:JCI) by 13.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,041 shares of the company’s stock after purchasing an additional 238 shares during the period. EverSource Wealth Advisors LLC’s holdings in Johnson Controls International were worth $161,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JCI. Harbour Investments Inc. grew its stake in Johnson Controls International by 12.7% in the third quarter. Harbour Investments Inc. now owns 2,866 shares of the company’s stock valued at $222,000 after acquiring an additional 322 shares during the period. OneDigital Investment Advisors LLC grew its position in shares of Johnson Controls International by 5.9% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 6,964 shares of the company’s stock valued at $540,000 after purchasing an additional 390 shares during the period. Thrivent Financial for Lutherans increased its stake in Johnson Controls International by 15.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 39,279 shares of the company’s stock worth $3,049,000 after purchasing an additional 5,152 shares in the last quarter. Baron Wealth Management LLC acquired a new stake in Johnson Controls International during the 3rd quarter worth approximately $219,000. Finally, Pathstone Holdings LLC lifted its stake in Johnson Controls International by 2.4% in the third quarter. Pathstone Holdings LLC now owns 61,247 shares of the company’s stock valued at $4,754,000 after buying an additional 1,411 shares in the last quarter. 90.05% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently commented on JCI shares. Melius Research reaffirmed a “hold” rating and issued a $95.00 price objective on shares of Johnson Controls International in a research report on Tuesday, January 28th. Royal Bank of Canada lifted their target price on Johnson Controls International from $86.00 to $93.00 and gave the company a “sector perform” rating in a research report on Thursday, February 6th. Melius cut Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price target for the company. in a research report on Tuesday, January 28th. Barclays lowered their price target on Johnson Controls International from $88.00 to $85.00 and set an “equal weight” rating on the stock in a research report on Monday, March 10th. Finally, Wells Fargo & Company boosted their target price on shares of Johnson Controls International from $92.00 to $98.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, Johnson Controls International has an average rating of “Moderate Buy” and an average price target of $91.27.

Johnson Controls International Price Performance

Shares of NYSE JCI opened at $81.46 on Tuesday. The firm has a market cap of $53.77 billion, a P/E ratio of 31.09, a price-to-earnings-growth ratio of 1.96 and a beta of 1.32. The business’s 50 day moving average is $82.45 and its 200-day moving average is $79.87. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50. Johnson Controls International plc has a 1-year low of $59.83 and a 1-year high of $91.14.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, topping 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%. Equities research analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 24th will be issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date of this dividend is Monday, March 24th. Johnson Controls International’s dividend payout ratio is currently 56.49%.

Insiders Place Their Bets

In related news, VP Nathan D. Manning sold 1,421 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $76.44, for a total transaction of $108,621.24. Following the sale, the vice president now owns 148,346 shares of the company’s stock, valued at $11,339,568.24. This represents a 0.95 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO George Oliver sold 205,168 shares of Johnson Controls International stock in a transaction on Friday, February 7th. The shares were sold at an average price of $88.03, for a total value of $18,060,939.04. Following the completion of the transaction, the chief executive officer now directly owns 1,260,527 shares of the company’s stock, valued at $110,964,191.81. This represents a 14.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 906,050 shares of company stock worth $77,839,329 in the last quarter. Corporate insiders own 0.54% of the company’s stock.

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.