Trust Co. of Vermont Increases Stock Position in Johnson Controls International plc (NYSE:JCI)

Trust Co. of Vermont grew its holdings in Johnson Controls International plc (NYSE:JCI) by 10.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,488 shares of the company’s stock after purchasing an additional 140 shares during the quarter. Trust Co. of Vermont’s holdings in Johnson Controls International were worth $117,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of JCI. TrueWealth Advisors LLC acquired a new position in Johnson Controls International in the 4th quarter valued at about $516,000. Brooklyn Investment Group raised its position in shares of Johnson Controls International by 3.1% in the fourth quarter. Brooklyn Investment Group now owns 4,444 shares of the company’s stock valued at $351,000 after buying an additional 135 shares during the last quarter. Sax Wealth Advisors LLC lifted its stake in shares of Johnson Controls International by 12.5% during the fourth quarter. Sax Wealth Advisors LLC now owns 9,486 shares of the company’s stock valued at $749,000 after buying an additional 1,057 shares during the period. Merit Financial Group LLC boosted its position in Johnson Controls International by 395.0% during the fourth quarter. Merit Financial Group LLC now owns 12,963 shares of the company’s stock worth $1,023,000 after acquiring an additional 10,344 shares during the last quarter. Finally, Saxon Interests Inc. grew its stake in Johnson Controls International by 9.7% in the 4th quarter. Saxon Interests Inc. now owns 9,667 shares of the company’s stock worth $763,000 after acquiring an additional 855 shares during the period. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, EVP Marlon Sullivan sold 7,230 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total transaction of $602,620.50. Following the completion of the transaction, the executive vice president now owns 32,246 shares in the company, valued at $2,687,704.10. This trade represents a 18.31 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO George Oliver sold 110,616 shares of the stock in a transaction on Friday, November 15th. The stock was sold at an average price of $84.60, for a total value of $9,358,113.60. Following the transaction, the chief executive officer now owns 1,244,617 shares of the company’s stock, valued at $105,294,598.20. This represents a 8.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 647,787 shares of company stock worth $53,972,452. 0.69% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on JCI shares. Robert W. Baird boosted 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. UBS Group assumed coverage on shares of Johnson Controls International in a research report on Wednesday, November 13th. They set a “neutral” rating and a $90.00 price target on the stock. Mizuho increased their price objective on shares of Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th. Argus upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 target price on the stock in a report on Friday, December 20th. Finally, Royal Bank of Canada increased their price target on Johnson Controls International from $81.00 to $86.00 and gave the company a “sector perform” rating in a report on Thursday, November 7th. Ten investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $82.53.

Johnson Controls International Stock Up 1.1 %

Johnson Controls International stock opened at $81.34 on Monday. The firm’s 50 day moving average price is $81.96 and its two-hundred day moving average price is $75.76. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 0.94. Johnson Controls International plc has a twelve month low of $52.02 and a twelve month high of $87.16. The firm has a market cap of $53.86 billion, a PE ratio of 32.02, a P/E/G ratio of 2.20 and a beta of 1.32.

Johnson Controls International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were given a dividend of $0.37 per share. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a yield of 1.82%. Johnson Controls International’s payout ratio is currently 58.27%.

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.