Johnson Controls International plc (NYSE:JCI) CEO George Oliver Sells 205,168 Shares

Johnson Controls International plc (NYSE:JCI) CEO George Oliver sold 205,168 shares of the firm’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of $89.07, for a total transaction of $18,274,313.76. Following the completion of the transaction, the chief executive officer now directly owns 1,260,527 shares of the company’s stock, valued at $112,275,139.89. This represents a 14.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

• On Friday, February 7th, George Oliver sold 205,168 shares of Johnson Controls International stock. The shares were sold at an average price of $88.03, for a total transaction of $18,060,939.04.
• On Tuesday, December 10th, George Oliver sold 124,497 shares of Johnson Controls International stock. The stock was sold at an average price of $82.67, for a total transaction of $10,292,166.99.
• On Friday, November 22nd, George Oliver sold 170,430 shares of Johnson Controls International stock. The stock was sold at an average price of $83.70, for a total transaction of $14,264,991.00.
• On Monday, November 25th, George Oliver sold 10,304 shares of Johnson Controls International stock. The stock was sold at an average price of $84.14, for a total transaction of $866,978.56.
• On Wednesday, November 20th, George Oliver sold 224,152 shares of Johnson Controls International stock. The shares were sold at an average price of $82.72, for a total transaction of $18,541,853.44.
• On Friday, November 15th, George Oliver sold 110,616 shares of Johnson Controls International stock. The shares were sold at an average price of $84.60, for a total transaction of $9,358,113.60.

Johnson Controls International Trading Down 0.4 %

Shares of Johnson Controls International stock traded down $0.40 on Tuesday, reaching $89.13. 4,399,676 shares of the company’s stock were exchanged, compared to its average volume of 4,831,351. The company has a market capitalization of $58.83 billion, a P/E ratio of 34.02, a price-to-earnings-growth ratio of 2.48 and a beta of 1.32. Johnson Controls International plc has a 52 week low of $54.07 and a 52 week high of $89.95. The firm’s 50-day moving average is $81.05 and its two-hundred day moving average is $77.24. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.79 and a current ratio of 1.02.

Johnson Controls International (NYSE:JCI) last issued its 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%. Sell-side analysts predict that Johnson Controls International plc will post 3.52 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.66%. The ex-dividend date of this dividend was Monday, December 23rd. Johnson Controls International’s dividend payout ratio is presently 56.49%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Royal Bank of Canada boosted their target price on shares of Johnson Controls International from $86.00 to $93.00 and gave the company a “sector perform” rating in a research report on Thursday, February 6th. Melius Research reaffirmed a “hold” rating and issued a $95.00 price target on shares of Johnson Controls International in a research note on Tuesday, January 28th. Morgan Stanley boosted their price target on Johnson Controls International from $95.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Melius downgraded Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price target for the company. in a research note on Tuesday, January 28th. Finally, Robert W. Baird boosted their price target on Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Eight equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, Johnson Controls International presently has a consensus rating of “Moderate Buy” and a consensus target price of $91.13.

Institutional Investors Weigh In On Johnson Controls International

Large investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its holdings in Johnson Controls International by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 68,156,110 shares of the company’s stock worth $5,379,562,000 after acquiring an additional 179,743 shares during the last quarter. State Street Corp grew its holdings in Johnson Controls International by 1.1% during the 3rd quarter. State Street Corp now owns 27,939,766 shares of the company’s stock valued at $2,178,595,000 after buying an additional 300,712 shares in the last quarter. Fisher Asset Management LLC grew its holdings in Johnson Controls International by 2.9% during the 4th quarter. Fisher Asset Management LLC now owns 15,743,019 shares of the company’s stock valued at $1,242,597,000 after buying an additional 447,513 shares in the last quarter. Geode Capital Management LLC grew its holdings in Johnson Controls International by 0.5% during the 3rd quarter. Geode Capital Management LLC now owns 13,475,260 shares of the company’s stock valued at $1,041,822,000 after buying an additional 71,493 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in Johnson Controls International during the 4th quarter valued at about $568,309,000. 90.05% of the stock is owned by hedge funds and other institutional investors.

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.