Johnson Controls International plc (NYSE:JCI - Get Free Report) Director George Oliver sold 15,669 shares of the business's stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $77.49, for a total value of $1,214,190.81. Following the completion of the sale, the director now directly owns 1,003,893 shares of the company's stock, valued at approximately $77,791,668.57. This trade represents a 1.54 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
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 shares were 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 shares were 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 shares were 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 shares were 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 shares were sold at an average price of $88.03, for a total value of $18,060,939.04.
Johnson Controls International Stock Performance
Johnson Controls International stock opened at $79.78 on Friday. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $52.67 billion, a P/E ratio of 30.45, a PEG ratio of 1.96 and a beta of 1.32. The stock's 50 day moving average is $82.41 and its 200 day moving average is $79.67. Johnson Controls International plc has a twelve month low of $59.83 and a twelve month high of $91.14.
Johnson Controls International (NYSE:JCI - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, topping 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, equities research analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.
Johnson Controls International Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 24th will be paid a $0.37 dividend. The ex-dividend date of this dividend is Monday, March 24th. This represents a $1.48 annualized dividend and a dividend yield of 1.86%. Johnson Controls International's payout ratio is currently 56.49%.
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on JCI shares. Barclays reduced their price target on Johnson Controls International from $88.00 to $85.00 and set an "equal weight" rating on the stock in a report on Monday, March 10th. Wells Fargo & Company boosted their price target on Johnson Controls International from $92.00 to $98.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Melius Research restated a "hold" rating and set a $95.00 price target on shares of Johnson Controls International in a report on Tuesday, January 28th. Royal Bank of Canada boosted their price target on Johnson Controls International from $86.00 to $93.00 and gave the company a "sector perform" rating in a report on Thursday, February 6th. Finally, JPMorgan Chase & Co. boosted their price target on Johnson Controls International from $87.00 to $100.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Eight analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $91.27.
Read Our Latest Research Report on JCI
Hedge Funds Weigh In On Johnson Controls International
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Park Avenue Securities LLC lifted its position in Johnson Controls International by 101.5% in the 4th quarter. Park Avenue Securities LLC now owns 26,517 shares of the company's stock valued at $2,093,000 after acquiring an additional 13,360 shares in the last quarter. Certuity LLC bought a new position in Johnson Controls International in the 4th quarter valued at approximately $243,000. Y Intercept Hong Kong Ltd lifted its position in Johnson Controls International by 136.8% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 91,248 shares of the company's stock valued at $7,082,000 after acquiring an additional 52,719 shares in the last quarter. Geode Capital Management LLC lifted its position in Johnson Controls International by 0.5% in 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 in the last quarter. Finally, BNC Wealth Management LLC bought a new position in Johnson Controls International in the 4th quarter valued at approximately $2,093,000. 90.05% of the stock is owned by institutional investors.
Johnson Controls International Company Profile
(
Get Free Report)
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.
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