Goelzer Investment Management Inc. lifted its holdings in Johnson Controls International PLC (NYSE:JCI) by 2.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 152,036 shares of the auto parts company’s stock after acquiring an additional 3,306 shares during the quarter. Goelzer Investment Management Inc.’s holdings in Johnson Controls International PLC were worth $6,126,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in JCI. Bessemer Group Inc. boosted its holdings in shares of Johnson Controls International PLC by 5.5% in the 2nd quarter. Bessemer Group Inc. now owns 2,550 shares of the auto parts company’s stock worth $110,000 after acquiring an additional 133 shares in the last quarter. Harfst & Associates Inc. raised its position in Johnson Controls International PLC by 16.9% in the 2nd quarter. Harfst & Associates Inc. now owns 2,691 shares of the auto parts company’s stock worth $116,000 after purchasing an additional 389 shares during the last quarter. Perigon Wealth Management LLC raised its position in Johnson Controls International PLC by 171.7% in the 2nd quarter. Perigon Wealth Management LLC now owns 2,663 shares of the auto parts company’s stock worth $116,000 after purchasing an additional 1,683 shares during the last quarter. Grove Bank & Trust raised its position in Johnson Controls International PLC by 57.7% in the 2nd quarter. Grove Bank & Trust now owns 2,693 shares of the auto parts company’s stock worth $117,000 after purchasing an additional 985 shares during the last quarter. Finally, Archford Capital Strategies LLC raised its position in Johnson Controls International PLC by 5,344.7% in the 2nd quarter. Archford Capital Strategies LLC now owns 8,167 shares of the auto parts company’s stock worth $124,000 after purchasing an additional 8,017 shares during the last quarter. 86.04% of the stock is currently owned by institutional investors and hedge funds.

JCI has been the subject of several research analyst reports. Zacks Investment Research upgraded shares of Johnson Controls International PLC from a “sell” rating to a “hold” rating in a research report on Tuesday, September 5th. Morgan Stanley restated an “overweight” rating and issued a $51.00 price objective (up previously from $50.00) on shares of Johnson Controls International PLC in a research report on Monday, July 10th. Citigroup Inc. restated a “buy” rating and issued a $50.00 price objective (up previously from $47.00) on shares of Johnson Controls International PLC in a research report on Monday, October 9th. Robert W. Baird restated a “buy” rating and issued a $50.00 price objective on shares of Johnson Controls International PLC in a research report on Monday, August 28th. Finally, Gabelli upgraded shares of Johnson Controls International PLC from a “hold” rating to a “buy” rating and set a $51.00 price objective for the company in a research report on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and eleven have given a buy rating to the stock. Johnson Controls International PLC has an average rating of “Hold” and an average target price of $48.29.

The company also recently announced a quarterly dividend, which was paid on Friday, October 13th. Investors of record on Monday, September 25th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.46%. The ex-dividend date of this dividend was Friday, September 22nd. Johnson Controls International PLC’s dividend payout ratio is presently -196.08%.

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In related news, VP Jeffrey M. Williams sold 1,955 shares of Johnson Controls International PLC stock in a transaction on Wednesday, October 11th. The shares were sold at an average price of $41.43, for a total transaction of $80,995.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.48% of the stock is owned by company insiders.

About Johnson Controls International PLC

Johnson Controls, Inc is a technology company. The Company provides products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles, and seating and interior systems for automobiles. The Company operates in two segments: Building Efficiency and Power Solutions.

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Institutional Ownership by Quarter for Johnson Controls International PLC (NYSE:JCI)

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