Atomi Financial Group Inc. Buys 792 Shares of Johnson Controls International plc (NYSE:JCI)

Atomi Financial Group Inc. lifted its stake in shares of Johnson Controls International plc (NYSE:JCI) by 12.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,970 shares of the company’s stock after purchasing an additional 792 shares during the quarter. Atomi Financial Group Inc.’s holdings in Johnson Controls International were worth $550,000 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. Fortitude Family Office LLC grew its holdings 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 holdings in Johnson Controls International by 977.3% during the 3rd quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock worth $37,000 after acquiring an additional 430 shares during the last quarter. ST Germain D J Co. Inc. grew its holdings in Johnson Controls International by 32.8% during the 4th 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 last quarter. Western Pacific Wealth Management LP bought a new stake in Johnson Controls International during the 3rd quarter worth approximately $44,000. Finally, Friedenthal Financial bought a new stake in Johnson Controls International during the 4th quarter worth approximately $49,000. 90.05% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on JCI shares. Oppenheimer boosted their target price on shares of Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. JPMorgan Chase & Co. reduced their target price on shares of Johnson Controls International from $88.00 to $87.00 and set an “overweight” rating on the stock in a report on Wednesday, January 15th. Robert W. Baird upped their price objective on shares of Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Citigroup reduced their price objective on shares of Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating on the stock in a research note on Monday, January 13th. Finally, Royal Bank of Canada upped their price objective on shares of Johnson Controls International from $81.00 to $86.00 and gave the company a “sector perform” rating in a research note on Thursday, November 7th. Ten equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, Johnson Controls International currently has an average rating of “Hold” and an average price target of $82.53.

Johnson Controls International Stock Down 0.1 %

Johnson Controls International stock opened at $82.02 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.46. The firm’s fifty day moving average is $81.73 and its 200 day moving average is $76.08. Johnson Controls International plc has a 12-month low of $52.02 and a 12-month high of $87.16. The company has a market capitalization of $54.31 billion, a PE ratio of 32.29, a PEG ratio of 2.36 and a beta of 1.32.

Johnson Controls International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.37 per share. The ex-dividend date was Monday, December 23rd. This represents a $1.48 annualized dividend and a yield of 1.80%. Johnson Controls International’s payout ratio is 58.27%.

Insiders Place Their Bets

In other Johnson Controls International news, EVP Marlon Sullivan sold 7,230 shares of the company’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total transaction of $602,620.50. Following the transaction, the executive vice president now owns 32,246 shares in the company, valued at approximately $2,687,704.10. This represents a 18.31 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO George Oliver sold 224,152 shares of the company’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $82.72, for a total transaction of $18,541,853.44. Following the transaction, the chief executive officer now owns 1,166,992 shares in the company, valued at approximately $96,533,578.24. The trade was a 16.11 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 647,787 shares of company stock worth $53,972,452. Insiders own 0.69% of the company’s stock.

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.