Farmers & Merchants Investments Inc. Purchases 55,062 Shares of Johnson Controls International plc (NYSE:JCI)

Farmers & Merchants Investments Inc. boosted its position in shares of Johnson Controls International plc (NYSE:JCI) by 11,012.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 55,562 shares of the company’s stock after acquiring an additional 55,062 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in Johnson Controls International were worth $4,386,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of JCI. Fortitude Family Office LLC increased its position in shares of Johnson Controls International by 195.8% during the 3rd 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. Wolff Wiese Magana LLC grew its position in Johnson Controls International by 977.3% during the third quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock valued at $37,000 after buying an additional 430 shares during the period. Synergy Asset Management LLC purchased a new stake in Johnson Controls International during the fourth quarter valued at approximately $42,000. ST Germain D J Co. Inc. raised its position in 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 acquiring an additional 134 shares during the period. Finally, Western Pacific Wealth Management LP purchased a new position in shares of Johnson Controls International during the 3rd quarter worth $44,000. Institutional investors own 90.05% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Melius lowered Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price objective for the company. in a research note on Tuesday, January 28th. Royal Bank of Canada lifted their price objective on Johnson Controls International from $86.00 to $93.00 and gave the company a “sector perform” rating in a research report on Thursday. StockNews.com lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Robert W. Baird raised their target price on shares of Johnson Controls International from $80.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Finally, Melius Research reiterated a “hold” rating and issued a $95.00 price target on shares of Johnson Controls International in a research report on Tuesday, January 28th. Nine research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, Johnson Controls International currently has a consensus rating of “Hold” and an average price target of $90.27.

Johnson Controls International Trading Down 0.3 %

Shares of Johnson Controls International stock opened at $87.76 on Friday. The company has a quick ratio of 0.79, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. The firm has a market cap of $57.93 billion, a price-to-earnings ratio of 33.50, a PEG ratio of 2.48 and a beta of 1.32. Johnson Controls International plc has a twelve month low of $54.07 and a twelve month high of $88.90. The business has a 50-day moving average price of $80.93 and a 200-day moving average price of $76.96.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share 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%. Equities research analysts anticipate that Johnson Controls International plc will post 3.52 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.69%. The ex-dividend date was Monday, December 23rd. Johnson Controls International’s payout ratio is 56.49%.

Insider Buying and Selling at Johnson Controls International

In other news, VP Nathan D. Manning sold 1,421 shares of Johnson Controls International stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $76.44, for a total value of $108,621.24. Following the completion of the transaction, the vice president now owns 148,346 shares in the company, valued at approximately $11,339,568.24. The trade was a 0.95 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO George Oliver sold 124,497 shares of the business’s stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $82.67, for a total value of $10,292,166.99. Following the transaction, the chief executive officer now directly owns 1,267,716 shares in the company, valued at approximately $104,802,081.72. This represents a 8.94 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 856,326 shares of company stock worth $72,313,086 over the last 90 days. 0.54% of the stock is owned by insiders.

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.