George Oliver Sells 15,669 Shares of Johnson Controls International plc (NYSE:JCI) Stock

Johnson Controls International plc (NYSE:JCI) Director George Oliver sold 15,669 shares of the company’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 owns 1,003,893 shares in the company, valued at $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 accessible through this hyperlink.

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 stock was sold at an average price of $83.55, for a total transaction of $10,799,923.65.
• On Friday, February 14th, George Oliver sold 162,894 shares of Johnson Controls International stock. The stock was sold at an average price of $89.28, for a total transaction of $14,543,176.32.
• On Monday, February 10th, George Oliver sold 205,168 shares of Johnson Controls International stock. The stock was 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 stock was sold at an average price of $88.03, for a total value of $18,060,939.04.

Johnson Controls International Price Performance

Johnson Controls International stock opened at $79.78 on Friday. The stock has a market cap of $52.67 billion, a P/E ratio of 30.45, a P/E/G ratio of 1.96 and a beta of 1.32. 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’s 50 day moving average price is $82.41 and its two-hundred day moving average price is $79.73. Johnson Controls International plc has a 52 week low of $59.83 and a 52 week high of $91.14.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data 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 analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 24th will be issued a dividend of $0.37 per share. The ex-dividend date is Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a yield of 1.86%. Johnson Controls International’s dividend payout ratio (DPR) is presently 56.49%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in JCI. Raymond James Financial Inc. bought a new stake in shares of Johnson Controls International in the 4th quarter worth approximately $568,309,000. Norges Bank bought a new stake in shares of Johnson Controls International in the fourth quarter valued at $560,549,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of 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 valued at $418,439,000 after buying an additional 4,514,792 shares during the last quarter. Invesco Ltd. grew its stake in shares of Johnson Controls International by 13.2% during the 4th quarter. Invesco Ltd. now owns 18,407,597 shares of the company’s stock worth $1,452,912,000 after acquiring an additional 2,150,573 shares during the period. Finally, Amundi increased its holdings in Johnson Controls International by 76.7% in the 4th quarter. Amundi now owns 3,870,478 shares of the company’s stock worth $309,422,000 after acquiring an additional 1,680,431 shares during the last quarter. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on JCI shares. StockNews.com cut Johnson Controls International from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Melius Research restated a “hold” rating and issued a $95.00 price target on shares of Johnson Controls International in a report on Tuesday, January 28th. Argus upgraded 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 report on Friday, December 20th. Wells Fargo & Company raised their target price on Johnson Controls International from $92.00 to $98.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Finally, Morgan Stanley upped their price target on Johnson Controls International from $95.00 to $105.00 and gave the stock an “overweight” 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. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $91.27.

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.