9,400 Shares in Johnson Controls International plc (NYSE:JCI) Acquired by Polymer Capital Management US LLC

Polymer Capital Management US LLC acquired a new position in shares of Johnson Controls International plc (NYSE:JCI) in the 4th quarter, Holdings Channel reports. The fund acquired 9,400 shares of the company’s stock, valued at approximately $742,000.

A number of other institutional investors have also recently made changes to their positions in JCI. Benjamin Edwards Inc. increased its position in shares of Johnson Controls International by 80.9% in the third quarter. Benjamin Edwards Inc. now owns 5,280 shares of the company’s stock valued at $410,000 after acquiring an additional 2,362 shares during the period. Janus Henderson Group PLC lifted its holdings in shares of Johnson Controls International by 4.0% during the third quarter. Janus Henderson Group PLC now owns 124,366 shares of the company’s stock valued at $9,651,000 after purchasing an additional 4,777 shares during the last quarter. IHT Wealth Management LLC bought a new stake in Johnson Controls International in the third quarter worth $239,000. Quantinno Capital Management LP increased its stake in Johnson Controls International by 50.8% during the 3rd quarter. Quantinno Capital Management LP now owns 37,125 shares of the company’s stock valued at $2,881,000 after purchasing an additional 12,512 shares in the last quarter. Finally, Stifel Financial Corp raised its holdings in Johnson Controls International by 1.0% in the 3rd quarter. Stifel Financial Corp now owns 335,735 shares of the company’s stock worth $26,057,000 after acquiring an additional 3,260 shares during the last quarter. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Performance

NYSE JCI opened at $71.84 on Monday. The business’s 50 day moving average is $82.63 and its two-hundred day moving average is $80.87. The stock has a market capitalization of $47.42 billion, a price-to-earnings ratio of 27.42, a PEG ratio of 1.96 and a beta of 1.22. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50. Johnson Controls International plc has a 12-month low of $59.83 and a 12-month high of $91.14.

Johnson Controls International (NYSE:JCI) last posted its earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. Research analysts expect that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Announces Dividend

The firm 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 is Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a yield of 2.06%. Johnson Controls International’s dividend payout ratio (DPR) is 56.49%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on JCI shares. Wells Fargo & Company boosted their target price on shares of Johnson Controls International from $92.00 to $98.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. UBS Group raised Johnson Controls International from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $90.00 to $103.00 in a research note on Monday, February 10th. Morgan Stanley raised their price objective on Johnson Controls International from $95.00 to $105.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Melius lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price objective for the company. in a research report on Tuesday, January 28th. Finally, Argus upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price objective on the stock in a research report on Friday, December 20th. Eight investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $91.27.

Insider Transactions at Johnson Controls International

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 stock was sold at an average price of $76.44, for a total value of $108,621.24. Following the completion of the sale, the vice president now directly owns 148,346 shares in the company, valued at approximately $11,339,568.24. The trade was a 0.95 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Daniel C. Mcconeghy sold 1,950 shares of the company’s stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $87.73, for a total value of $171,073.50. Following the transaction, the vice president now directly owns 24,803 shares of the company’s stock, valued at $2,175,967.19. This trade represents a 7.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 907,286 shares of company stock valued at $77,938,071 over the last quarter. Company insiders own 0.54% of the company’s stock.

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.