Widmann Financial Services Inc. Acquires 1,080 Shares of Johnson Controls International plc (NYSE:JCI)

Widmann Financial Services Inc. raised its holdings in Johnson Controls International plc (NYSE:JCI) by 16.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,672 shares of the company’s stock after acquiring an additional 1,080 shares during the quarter. Widmann Financial Services Inc.’s holdings in Johnson Controls International were worth $595,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Cetera Investment Advisers grew its stake in shares of Johnson Controls International by 470.9% during the first quarter. Cetera Investment Advisers now owns 157,980 shares of the company’s stock worth $10,319,000 after purchasing an additional 130,308 shares during the period. International Assets Investment Management LLC bought a new position in Johnson Controls International during the third quarter worth about $7,692,000. CIBC Asset Management Inc grew its position in shares of Johnson Controls International by 6.8% during the 3rd quarter. CIBC Asset Management Inc now owns 117,328 shares of the company’s stock worth $9,106,000 after buying an additional 7,433 shares during the period. Nwam LLC bought a new stake in shares of Johnson Controls International in the 3rd quarter valued at about $701,000. Finally, CWC Advisors LLC. acquired a new stake in shares of Johnson Controls International in the 3rd quarter valued at approximately $892,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Stock Up 0.2 %

Johnson Controls International stock opened at $83.86 on Friday. The company has a current ratio of 0.94, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46. Johnson Controls International plc has a 1-year low of $51.70 and a 1-year high of $87.16. The company has a fifty day simple moving average of $79.17 and a 200 day simple moving average of $73.02. The company has a market cap of $55.53 billion, a P/E ratio of 33.02, a price-to-earnings-growth ratio of 2.34 and a beta of 1.29.

Johnson Controls International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Wednesday, September 25th were paid a $0.37 dividend. The ex-dividend date was Wednesday, September 25th. This represents a $1.48 dividend on an annualized basis and a yield of 1.76%. Johnson Controls International’s dividend payout ratio is 58.27%.

Insiders Place Their Bets

In other news, CEO George Oliver sold 10,304 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $84.14, for a total transaction of $866,978.56. Following the transaction, the chief executive officer now directly owns 1,166,992 shares in the company, valued at $98,190,706.88. The trade was a 0.88 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Nathan D. Manning sold 1,167 shares of the firm’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $72.75, for a total transaction of $84,899.25. Following the completion of the sale, the chief operating officer now owns 143,488 shares of the company’s stock, valued at $10,438,752. This trade represents a 0.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 741,829 shares of company stock valued at $59,952,007 in the last 90 days. 0.69% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on JCI shares. Barclays upped their target price on shares of Johnson Controls International from $62.00 to $64.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 2nd. Oppenheimer raised their price objective on Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. UBS Group assumed coverage on Johnson Controls International in a report on Wednesday, November 13th. They set a “neutral” rating and a $90.00 target price on the stock. Bank of America increased their price target on Johnson Controls International from $80.00 to $95.00 and gave the stock a “buy” rating in a report on Friday, September 27th. Finally, StockNews.com lowered Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th. Twelve equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, Johnson Controls International presently has an average rating of “Hold” and a consensus price target of $77.21.

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.