Insider Selling: Johnson Controls International plc (NYSE:JCI) CEO Sells 10,304 Shares of Stock

Johnson Controls International plc (NYSE:JCI) CEO George Oliver sold 10,304 shares of Johnson Controls International stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $84.14, for a total value of $866,978.56. Following the transaction, the chief executive officer now directly owns 1,166,992 shares in the company, valued at $98,190,706.88. The trade was a 0.88 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

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

• 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 value of $14,264,991.00.
• 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 value of $18,541,853.44.
• On Friday, November 15th, George Oliver sold 110,616 shares of Johnson Controls International stock. The stock was sold at an average price of $84.60, for a total transaction of $9,358,113.60.
• On Tuesday, October 15th, George Oliver sold 110,615 shares of Johnson Controls International stock. The stock was sold at an average price of $76.79, for a total transaction of $8,494,125.85.
• On Monday, September 16th, George Oliver sold 110,615 shares of Johnson Controls International stock. The shares were sold at an average price of $72.67, for a total transaction of $8,038,392.05.

Johnson Controls International Trading Up 0.5 %

NYSE JCI opened at $83.75 on Wednesday. The company has a current ratio of 0.94, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46. The business has a fifty day simple moving average of $78.57 and a 200 day simple moving average of $72.74. Johnson Controls International plc has a 12 month low of $51.70 and a 12 month high of $87.16. The firm has a market capitalization of $55.46 billion, a P/E ratio of 32.97, a PEG ratio of 2.33 and a beta of 1.29.

Johnson Controls International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 18th. Investors of record on Wednesday, September 25th were given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date was Wednesday, September 25th. Johnson Controls International’s payout ratio is currently 58.27%.

Wall Street Analysts Forecast Growth

JCI has been the topic of a number of recent analyst reports. Barclays boosted their price objective on Johnson Controls International from $62.00 to $64.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 2nd. Morgan Stanley initiated coverage on Johnson Controls International in a report on Friday, September 6th. They set an “overweight” rating and a $85.00 price target on the stock. Mizuho lifted their price objective on shares of Johnson Controls International from $62.00 to $75.00 and gave the company a “neutral” rating in a research note on Thursday, October 17th. UBS Group assumed coverage on shares of Johnson Controls International in a research note on Wednesday, November 13th. They set a “neutral” rating and a $90.00 target price on the stock. Finally, The Goldman Sachs Group lifted their price target on shares of Johnson Controls International from $73.00 to $81.00 and gave the company a “buy” rating in a research note on Friday, August 2nd. Twelve research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $77.21.

Institutional Investors Weigh In On Johnson Controls International

Institutional investors have recently added to or reduced their stakes in the company. Metis Global Partners LLC boosted its stake in shares of Johnson Controls International by 0.4% in the 3rd quarter. Metis Global Partners LLC now owns 28,446 shares of the company’s stock worth $2,208,000 after buying an additional 127 shares during the last quarter. Brooklyn Investment Group boosted its position in Johnson Controls International by 3.5% in the third quarter. Brooklyn Investment Group now owns 4,309 shares of the company’s stock worth $334,000 after purchasing an additional 144 shares during the last quarter. Summit Trail Advisors LLC grew its stake in Johnson Controls International by 4.6% in the 2nd quarter. Summit Trail Advisors LLC now owns 3,715 shares of the company’s stock valued at $248,000 after purchasing an additional 163 shares during the period. Miracle Mile Advisors LLC increased its position in shares of Johnson Controls International by 1.0% during the 3rd quarter. Miracle Mile Advisors LLC now owns 17,011 shares of the company’s stock valued at $1,320,000 after purchasing an additional 163 shares during the last quarter. Finally, Berry Wealth Group LP raised its stake in shares of Johnson Controls International by 0.7% during the 3rd quarter. Berry Wealth Group LP now owns 25,978 shares of the company’s stock worth $2,016,000 after purchasing an additional 177 shares during the period. 90.05% of the stock is owned by 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.