McGlone Suttner Wealth Management Inc. Has $268,000 Holdings in Johnson Controls International plc (NYSE:JCI)

McGlone Suttner Wealth Management Inc. boosted its position in shares of Johnson Controls International plc (NYSE:JCI) by 8.9% in the fourth quarter, Holdings Channel reports. The fund owned 3,398 shares of the company’s stock after acquiring an additional 277 shares during the period. McGlone Suttner Wealth Management Inc.’s holdings in Johnson Controls International were worth $268,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Park Avenue Securities LLC increased its stake in shares of Johnson Controls International by 101.5% in the fourth quarter. Park Avenue Securities LLC now owns 26,517 shares of the company’s stock worth $2,093,000 after purchasing an additional 13,360 shares during the period. Y Intercept Hong Kong Ltd increased its position in Johnson Controls International by 136.8% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 91,248 shares of the company’s stock worth $7,082,000 after buying an additional 52,719 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Johnson Controls International by 0.5% during the third quarter. Geode Capital Management LLC now owns 13,475,260 shares of the company’s stock worth $1,041,822,000 after buying an additional 71,493 shares during the last quarter. BNC Wealth Management LLC bought a new stake in shares of Johnson Controls International in the fourth quarter valued at approximately $2,093,000. Finally, International Assets Investment Management LLC bought a new stake in shares of Johnson Controls International in the third quarter valued at approximately $7,692,000. 90.05% of the stock is currently owned by institutional investors.

Johnson Controls International Price Performance

NYSE JCI opened at $82.02 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 0.94. The stock has a market cap of $54.15 billion, a price-to-earnings ratio of 32.29, a PEG ratio of 2.35 and a beta of 1.32. The business has a 50 day simple moving average of $81.73 and a 200 day simple moving average of $76.08. Johnson Controls International plc has a 52-week low of $52.02 and a 52-week high of $87.16.

Johnson Controls International Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on JCI. StockNews.com lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th. Barclays boosted their target price on shares of Johnson Controls International from $75.00 to $83.00 and gave the company an “equal weight” rating in a research note on Thursday, December 5th. Argus upgraded Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price target on the stock in a research report on Friday, December 20th. JPMorgan Chase & Co. dropped their target price on shares of Johnson Controls International from $88.00 to $87.00 and set an “overweight” rating for the company in a research note on Wednesday, January 15th. Finally, Mizuho upped their price target on Johnson Controls International from $62.00 to $75.00 and gave the company a “neutral” rating in a research note on Thursday, October 17th. Ten investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $82.53.

Insider Buying and Selling

In related news, CEO George Oliver sold 124,497 shares of Johnson Controls International stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $82.67, for a total value of $10,292,166.99. Following the sale, the chief executive officer now owns 1,267,716 shares of the company’s stock, valued at approximately $104,802,081.72. This trade represents a 8.94 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Marlon Sullivan sold 7,230 shares of the company’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $83.35, for a total value of $602,620.50. Following the transaction, the executive vice president now directly owns 32,246 shares of the company’s stock, valued at approximately $2,687,704.10. This trade represents a 18.31 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 647,787 shares of company stock worth $53,972,452 over the last ninety days. Company 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.