Johnson Controls International plc (NYSE:JCI) Director George Oliver Sells 15,669 Shares of Stock

Johnson Controls International plc (NYSE:JCI) Director George Oliver sold 15,669 shares of Johnson Controls International stock in a transaction on Friday, March 14th. The stock was sold at an average price of $77.49, for a total value of $1,214,190.81. Following the sale, the director now owns 1,003,893 shares in the company, valued at $77,791,668.57. This trade represents a 1.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

George Oliver also recently made the following trade(s):

• On Wednesday, March 12th, George Oliver sold 184,331 shares of Johnson Controls International stock. The stock was sold at an average price of $79.49, for a total value of $14,652,471.19.
• On Tuesday, February 25th, George Oliver sold 129,263 shares of Johnson Controls International stock. The stock was sold at an average price of $83.55, for a total value of $10,799,923.65.
• On Friday, February 14th, George Oliver sold 162,894 shares of Johnson Controls International stock. The stock was sold at an average price of $89.28, for a total value of $14,543,176.32.
• On Monday, February 10th, George Oliver sold 205,168 shares of Johnson Controls International stock. The stock was sold at an average price of $89.07, for a total value of $18,274,313.76.
• On Friday, February 7th, George Oliver sold 205,168 shares of Johnson Controls International stock. The stock was sold at an average price of $88.03, for a total value of $18,060,939.04.

Johnson Controls International Price Performance

NYSE:JCI opened at $79.78 on Friday. The firm has a market capitalization of $52.67 billion, a price-to-earnings ratio of 30.45, a P/E/G ratio of 1.96 and a beta of 1.32. Johnson Controls International plc has a 52-week low of $59.83 and a 52-week high of $91.14. The stock has a fifty day moving average of $82.41 and a 200 day moving average of $79.67. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.86 and a current ratio of 1.02.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate 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, research analysts expect that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

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

Institutional Investors Weigh In On Johnson Controls International

Hedge funds have recently added to or reduced their stakes in the company. Compass Financial Services Inc bought a new stake in Johnson Controls International during the fourth quarter worth about $26,000. SBI Securities Co. Ltd. bought a new stake in Johnson Controls International during the fourth quarter worth about $29,000. Synergy Asset Management LLC bought a new stake in Johnson Controls International during the fourth quarter worth about $42,000. Crowley Wealth Management Inc. bought a new stake in Johnson Controls International during the fourth quarter worth about $42,000. Finally, ST Germain D J Co. Inc. lifted its stake in Johnson Controls International by 32.8% during the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock worth $43,000 after purchasing an additional 134 shares during the last quarter. Institutional investors own 90.05% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on the company. UBS Group raised Johnson Controls International from a “neutral” rating to a “buy” rating and raised their target price for the stock from $90.00 to $103.00 in a research report on Monday, February 10th. Royal Bank of Canada raised their target price on Johnson Controls International from $86.00 to $93.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 6th. Melius downgraded Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 target price for the company. in a research report on Tuesday, January 28th. Morgan Stanley raised their target price on Johnson Controls International from $95.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Finally, Barclays decreased their target price 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. Eight investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target 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.