Impact Capital Partners LLC Acquires Shares of 3,707 Johnson Controls International plc (NYSE:JCI)

Impact Capital Partners LLC bought a new position in Johnson Controls International plc (NYSE:JCI - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 3,707 shares of the company's stock, valued at approximately $293,000.

Several other institutional investors also recently modified their holdings of the business. Assetmark Inc. grew its stake in Johnson Controls International by 1.2% in the 3rd quarter. Assetmark Inc. now owns 32,913 shares of the company's stock valued at $2,554,000 after purchasing an additional 400 shares during the period. Ashton Thomas Securities LLC purchased a new position in shares of Johnson Controls International in the 3rd quarter worth about $61,000. Nations Financial Group Inc. IA ADV bought a new position in Johnson Controls International during the third quarter valued at about $324,000. Apollon Wealth Management LLC increased its holdings in Johnson Controls International by 21.6% during the third quarter. Apollon Wealth Management LLC now owns 19,977 shares of the company's stock worth $1,550,000 after buying an additional 3,554 shares during the last quarter. Finally, Harbour Investments Inc. raised its position in Johnson Controls International by 12.7% in the third quarter. Harbour Investments Inc. now owns 2,866 shares of the company's stock worth $222,000 after acquiring an additional 322 shares during the period. 90.05% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 1,950 shares of the stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $87.73, for a total transaction of $171,073.50. Following the transaction, the vice president now directly owns 24,803 shares in the company, valued at $2,175,967.19. This trade represents a 7.29 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Nathan D. Manning sold 1,421 shares of the business's stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $76.44, for a total transaction of $108,621.24. Following the completion of the sale, the vice president now owns 148,346 shares of the company's stock, valued at approximately $11,339,568.24. The trade was a 0.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 906,050 shares of company stock valued at $77,839,329 over the last 90 days. Insiders own 0.54% of the company's stock.

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Analyst Ratings Changes

Several equities research analysts have recently issued reports on JCI shares. Citigroup decreased their price target on shares of Johnson Controls International from $85.00 to $84.00 and set a "neutral" rating for the company in a research note on Monday, January 13th. Wells Fargo & Company boosted their target price on Johnson Controls International from $92.00 to $98.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Barclays cut 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 note on Monday, March 10th. StockNews.com cut Johnson Controls International from a "buy" rating to a "hold" rating in a research note on Wednesday, November 20th. Finally, UBS Group upgraded shares of Johnson Controls International from a "neutral" rating to a "buy" rating and increased their target price for the stock from $90.00 to $103.00 in a research report on Monday, February 10th. Eight investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $91.27.

Johnson Controls International Price Performance

Shares of NYSE:JCI traded up $0.07 on Tuesday, hitting $81.58. The company's stock had a trading volume of 4,735,976 shares, compared to its average volume of 4,170,572. The company has a market capitalization of $53.86 billion, a PE ratio of 31.14, a PEG ratio of 1.96 and a beta of 1.32. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. The company has a 50-day simple moving average of $82.45 and a 200 day simple moving average of $79.87. Johnson Controls International plc has a 1 year low of $59.83 and a 1 year high of $91.14.

Johnson Controls International (NYSE:JCI - Get Free Report) last announced its earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, beating analysts' consensus estimates of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. Sell-side analysts forecast that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 24th will be given a dividend of $0.37 per share. The ex-dividend date of this dividend is Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a yield of 1.81%. Johnson Controls International's payout ratio is 56.49%.

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.