Insider Selling: Johnson Controls International plc (NYSE:JCI) VP Sells $171,073.50 in Stock

Johnson Controls International plc (NYSE:JCI) VP Daniel C. Mcconeghy sold 1,950 shares of Johnson Controls International stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $87.73, for a total transaction of $171,073.50. Following the transaction, the vice president now owns 24,803 shares in the company, valued at $2,175,967.19. This represents a 7.29 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Johnson Controls International Stock Down 0.3 %

Shares of JCI stock opened at $87.76 on Monday. The stock has a market cap of $57.93 billion, a P/E ratio of 33.50, a PEG ratio of 2.48 and a beta of 1.32. The company’s fifty day simple moving average is $80.93 and its two-hundred day simple moving average is $77.01. 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 52 week low of $54.07 and a 52 week high of $88.90.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, beating 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%. 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. Investors of record on Monday, December 23rd were issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date was Monday, December 23rd. Johnson Controls International’s dividend payout ratio (DPR) is presently 56.49%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on JCI shares. Royal Bank of Canada lifted their target price on Johnson Controls International from $86.00 to $93.00 and gave the company a “sector perform” rating in a research report on Thursday. StockNews.com cut Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th. Morgan Stanley increased their target price on shares of Johnson Controls International from $95.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday. Wells Fargo & Company lifted their price target on shares of Johnson Controls International from $92.00 to $98.00 and gave the company an “overweight” rating in a report on Thursday. Finally, Mizuho upped their price target on shares of Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th. Nine equities research 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 company has a consensus rating of “Hold” and an average target price of $90.27.

Institutional Investors Weigh In On Johnson Controls International

A number of hedge funds have recently bought and sold shares of the business. Compass Financial Services Inc purchased a new position in shares of Johnson Controls International in the 4th quarter worth $26,000. SBI Securities Co. Ltd. bought a new position in shares of Johnson Controls International in the 4th quarter valued at about $29,000. Fortitude Family Office LLC grew its position in Johnson Controls International by 195.8% in the third quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock worth $33,000 after acquiring an additional 278 shares in the last quarter. Wolff Wiese Magana LLC increased its stake in Johnson Controls International by 977.3% during the third quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock worth $37,000 after acquiring an additional 430 shares during the last quarter. Finally, Synergy Asset Management LLC purchased a new stake in Johnson Controls International during the fourth quarter valued at approximately $42,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.

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.