Insider Selling: Johnson Controls International plc (NYSE:JCI) VP Sells $108,621.24 in Stock

Johnson Controls International plc (NYSE:JCI) VP Nathan D. Manning sold 1,421 shares of the stock in a transaction 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 sale, the vice president now owns 148,346 shares in the company, valued at approximately $11,339,568.24. This represents a 0.95 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Johnson Controls International Stock Up 2.4 %

JCI opened at $88.09 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.46. The business’s fifty day simple moving average is $80.77 and its 200 day simple moving average is $76.76. Johnson Controls International plc has a 52 week low of $53.34 and a 52 week high of $88.90. The stock has a market cap of $58.15 billion, a PE ratio of 34.68, a P/E/G ratio of 2.24 and a beta of 1.32.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.59 by $0.05. Johnson Controls International had a return on equity of 14.51% and a net margin of 6.49%. As a group, research analysts expect that Johnson Controls International plc will post 3.45 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were issued a $0.37 dividend. The ex-dividend date was Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.68%. Johnson Controls International’s payout ratio is 58.27%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on JCI shares. Royal Bank of Canada increased their price objective on Johnson Controls International from $86.00 to $93.00 and gave the stock a “sector perform” rating in a report on Thursday. Melius Research reissued a “hold” rating and issued a $95.00 price target on shares of Johnson Controls International in a report on Tuesday, January 28th. 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. Barclays upped their target price on shares of Johnson Controls International from $75.00 to $83.00 and gave the stock an “equal weight” rating in a report on Thursday, December 5th. Finally, Argus raised shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price target for the company in a report on Friday, December 20th. Nine investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $90.27.

Institutional Investors Weigh In On Johnson Controls International

Institutional investors have recently made changes to their positions in the business. State Street Corp boosted its position in Johnson Controls International by 1.1% during the third 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 during the period. Fisher Asset Management LLC lifted its stake in shares of Johnson Controls International by 2.9% in 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 acquiring an additional 447,513 shares during the last quarter. Geode Capital Management LLC boosted 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 acquiring an additional 71,493 shares during the period. Raymond James Financial Inc. bought a new position in Johnson Controls International during the 4th quarter worth approximately $568,309,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Johnson Controls International by 514.9% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company’s stock worth $418,439,000 after acquiring an additional 4,514,792 shares during the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.

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.