Johnson Controls International plc (NYSE:JCI) Shares Acquired by Ironwood Investment Counsel LLC

Ironwood Investment Counsel LLC grew its position in Johnson Controls International plc (NYSE:JCI) by 7.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,849 shares of the company’s stock after purchasing an additional 255 shares during the period. Ironwood Investment Counsel LLC’s holdings in Johnson Controls International were worth $304,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Metis Global Partners LLC grew its stake in Johnson Controls International by 0.4% during the 3rd quarter. Metis Global Partners LLC now owns 28,446 shares of the company’s stock worth $2,208,000 after buying an additional 127 shares during the last quarter. Gilbert & Cook Inc. grew its stake in Johnson Controls International by 2.0% during the 4th quarter. Gilbert & Cook Inc. now owns 6,458 shares of the company’s stock worth $510,000 after buying an additional 127 shares during the last quarter. Jackson Hole Capital Partners LLC grew its stake in Johnson Controls International by 0.7% during the 4th quarter. Jackson Hole Capital Partners LLC now owns 18,621 shares of the company’s stock worth $1,470,000 after buying an additional 127 shares during the last quarter. Graypoint LLC grew its stake in Johnson Controls International by 4.1% during the 4th quarter. Graypoint LLC now owns 3,277 shares of the company’s stock worth $259,000 after buying an additional 130 shares during the last quarter. Finally, ST Germain D J Co. Inc. grew its stake 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 buying an additional 134 shares during the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, VP Nathan D. Manning sold 1,421 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $76.44, for a total transaction of $108,621.24. Following the sale, the vice president now owns 148,346 shares in the company, valued at $11,339,568.24. The trade was a 0.95 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO George Oliver sold 205,168 shares of the business’s stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $88.03, for a total transaction of $18,060,939.04. Following the sale, the chief executive officer now owns 1,260,527 shares in the company, valued at $110,964,191.81. This represents a 14.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 906,050 shares of company stock worth $77,839,329 over the last 90 days. 0.54% of the stock is owned by company insiders.

Johnson Controls International Trading Up 3.0 %

Shares of Johnson Controls International stock opened at $79.78 on Friday. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. The firm has a market cap of $52.67 billion, a price-to-earnings ratio of 30.45, a price-to-earnings-growth ratio of 1.96 and a beta of 1.32. The business has a fifty day simple moving average of $82.41 and a 200-day simple moving average of $79.67. Johnson Controls International plc has a fifty-two week low of $59.83 and a fifty-two week high of $91.14.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.59 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. On average, equities analysts forecast that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 24th will be issued a dividend of $0.37 per share. The ex-dividend date is Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.86%. Johnson Controls International’s dividend payout ratio is currently 56.49%.

Analyst Ratings Changes

A number of research analysts have issued reports on JCI shares. StockNews.com lowered Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th. Argus upgraded Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price target for the company in a research report on Friday, December 20th. UBS Group upgraded Johnson Controls International from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $90.00 to $103.00 in a research report on Monday, February 10th. Barclays reduced their price target on Johnson Controls International from $88.00 to $85.00 and set an “equal weight” rating for the company in a research report on Monday, March 10th. Finally, JPMorgan Chase & Co. boosted their price target on Johnson Controls International from $87.00 to $100.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Eight equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, Johnson Controls International has a consensus rating of “Moderate Buy” and an average target price of $91.27.

Johnson Controls International Company 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.