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

Johnson Controls International plc (NYSE:JCI) CEO George Oliver sold 205,168 shares of the business’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $89.07, for a total transaction of $18,274,313.76. Following the transaction, the chief executive officer now owns 1,260,527 shares in the company, valued at approximately $112,275,139.89. This trade represents a 14.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 value of $10,292,166.99.
• On Friday, November 22nd, George Oliver sold 170,430 shares of Johnson Controls International stock. The shares were sold at an average price of $83.70, for a total value 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 value 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 stock was sold at an average price of $84.60, for a total value of $9,358,113.60.

Johnson Controls International Price Performance

JCI opened at $89.02 on Thursday. The firm has a market cap of $58.77 billion, a price-to-earnings ratio of 33.98, a price-to-earnings-growth ratio of 2.48 and a beta of 1.32. The company’s 50-day moving average price is $81.18 and its 200 day moving average price is $77.38. The company has a quick ratio of 0.79, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. Johnson Controls International plc has a fifty-two week low of $54.07 and a fifty-two week high of $89.95.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 earnings per share (EPS) 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%. As a group, sell-side analysts expect that Johnson Controls International plc will post 3.52 earnings per share for the current year.

Johnson Controls International Announces Dividend

The company also recently declared 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 (DPR) is presently 56.49%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Wells Fargo & Company upped their price objective on Johnson Controls International from $92.00 to $98.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. UBS Group raised shares of Johnson Controls International from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $90.00 to $103.00 in a research report on Monday. Argus raised shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price objective on the stock in a research note on Friday, December 20th. Citigroup lowered their target price on shares of Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a research note on Monday, January 13th. Finally, Royal Bank of Canada increased their price target on Johnson Controls International from $86.00 to $93.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 6th. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $91.13.

Institutional Investors Weigh In On Johnson Controls International

Institutional investors and hedge funds have recently bought and sold shares of the business. CWM LLC lifted its stake in Johnson Controls International by 1.7% during the third quarter. CWM LLC now owns 26,942 shares of the company’s stock valued at $2,091,000 after purchasing an additional 451 shares during the last quarter. Ritholtz Wealth Management increased its holdings in shares of Johnson Controls International by 8.4% in the third quarter. Ritholtz Wealth Management now owns 3,614 shares of the company’s stock valued at $280,000 after buying an additional 281 shares in the last quarter. Annex Advisory Services LLC acquired a new stake in shares of Johnson Controls International during the 3rd quarter valued at $203,000. Exchange Traded Concepts LLC boosted its stake in shares of Johnson Controls International by 170.8% during the 3rd quarter. Exchange Traded Concepts LLC now owns 1,763 shares of the company’s stock worth $137,000 after acquiring an additional 1,112 shares in the last quarter. Finally, McGlone Suttner Wealth Management Inc. acquired a new position in shares of Johnson Controls International in the 3rd quarter worth $242,000. 90.05% of the stock is owned by institutional investors and hedge funds.

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.