Johnson Controls International plc (NYSE:JCI) CEO George Oliver Sells 224,152 Shares of Stock

Johnson Controls International plc (NYSE:JCI) CEO George Oliver sold 224,152 shares of the stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $82.72, for a total transaction of $18,541,853.44. Following the transaction, the chief executive officer now owns 1,166,992 shares of the company’s stock, valued at $96,533,578.24. This represents a 16.11 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

George Oliver also recently made the following trade(s):

• On Friday, November 15th, George Oliver sold 110,616 shares of Johnson Controls International stock. The shares were sold at an average price of $84.60, for a total value of $9,358,113.60.
• On Tuesday, October 15th, George Oliver sold 110,615 shares of Johnson Controls International stock. The stock was sold at an average price of $76.79, for a total value of $8,494,125.85.
• On Monday, September 16th, George Oliver sold 110,615 shares of Johnson Controls International stock. The stock was sold at an average price of $72.67, for a total transaction of $8,038,392.05.

Johnson Controls International Stock Performance

NYSE:JCI traded up $0.08 during midday trading on Friday, reaching $84.07. The stock had a trading volume of 524,463 shares, compared to its average volume of 4,878,011. The firm has a fifty day simple moving average of $77.91 and a two-hundred day simple moving average of $72.24. 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 stock has a market cap of $56.16 billion, a P/E ratio of 33.16, a P/E/G ratio of 2.33 and a beta of 1.29. Johnson Controls International plc has a 12-month low of $51.70 and a 12-month high of $87.16.

Johnson Controls International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Wednesday, September 25th were issued a $0.37 dividend. The ex-dividend date was Wednesday, September 25th. This represents a $1.48 dividend on an annualized basis and a yield of 1.76%. Johnson Controls International’s dividend payout ratio (DPR) is presently 58.27%.

Institutional Trading of Johnson Controls International

Large investors have recently bought and sold shares of the company. Fortitude Family Office LLC grew its holdings in shares of Johnson Controls International by 195.8% during the third quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock worth $33,000 after buying an additional 278 shares in the last quarter. Continuum Advisory LLC boosted its holdings in shares of Johnson Controls International by 65.2% during the second quarter. Continuum Advisory LLC now owns 527 shares of the company’s stock worth $35,000 after purchasing an additional 208 shares during the last quarter. Wolff Wiese Magana LLC grew its position in shares of Johnson Controls International by 977.3% in the third quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock valued at $37,000 after purchasing an additional 430 shares during the period. Western Pacific Wealth Management LP acquired a new position in Johnson Controls International in the third quarter valued at $44,000. Finally, Hexagon Capital Partners LLC lifted its position in Johnson Controls International by 39.7% during the second quarter. Hexagon Capital Partners LLC now owns 711 shares of the company’s stock worth $47,000 after buying an additional 202 shares during the period. Institutional investors and hedge funds own 90.05% of the company’s stock.

Analysts Set New Price Targets

JCI has been the subject of several recent analyst reports. Barclays boosted their price target on Johnson Controls International from $62.00 to $64.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 2nd. Wells Fargo & Company raised their price target on Johnson Controls International from $84.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. StockNews.com downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Wednesday. The Goldman Sachs Group boosted their price target on shares of Johnson Controls International from $73.00 to $81.00 and gave the stock a “buy” rating in a research note on Friday, August 2nd. Finally, UBS Group assumed coverage on Johnson Controls International in a research report on Wednesday, November 13th. They set a “neutral” rating and a $90.00 target price on the stock. Twelve equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $77.21.

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.