Johnson Controls International plc (NYSE:JCI) CEO George Oliver Sells 10,304 Shares

Johnson Controls International plc (NYSE:JCI) CEO George Oliver sold 10,304 shares of the company’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $84.14, for a total value of $866,978.56. Following the sale, the chief executive officer now owns 1,166,992 shares of the company’s stock, valued at approximately $98,190,706.88. The trade was a 0.88 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Friday, November 22nd, George Oliver sold 170,430 shares of Johnson Controls International stock. The stock was sold at an average price of $83.70, for a total transaction of $14,264,991.00.
• On Wednesday, November 20th, George Oliver sold 224,152 shares of Johnson Controls International stock. The stock was 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 shares were sold at an average price of $84.60, for a total transaction of $9,358,113.60.
• On Tuesday, October 15th, George Oliver sold 110,615 shares of Johnson Controls International stock. The shares were 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 value of $8,038,392.05.

Johnson Controls International Trading Down 0.1 %

Shares of Johnson Controls International stock traded down $0.12 on Monday, reaching $83.33. 4,764,304 shares of the company were exchanged, compared to its average volume of 4,894,338. Johnson Controls International plc has a fifty-two week low of $51.70 and a fifty-two week high of $87.16. The firm has a market capitalization of $55.18 billion, a price-to-earnings ratio of 32.81, a price-to-earnings-growth ratio of 2.33 and a beta of 1.29. The company has a current ratio of 0.94, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46. The stock has a fifty day moving average price of $78.13 and a 200-day moving average price of $72.49.

Johnson Controls International Announces Dividend

The company 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. This represents a $1.48 annualized dividend and a dividend yield of 1.78%. The ex-dividend date of this dividend was Wednesday, September 25th. Johnson Controls International’s payout ratio is 58.27%.

Analyst Ratings Changes

A number of equities analysts have commented on JCI shares. UBS Group assumed coverage on shares of Johnson Controls International in a report on Wednesday, November 13th. They issued a “neutral” rating and a $90.00 price objective on the stock. 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. Morgan Stanley began coverage on Johnson Controls International in a report on Friday, September 6th. They set an “overweight” rating and a $85.00 price objective on the stock. Wells Fargo & Company upped their target price on Johnson Controls International from $84.00 to $90.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. Finally, Mizuho raised 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. Twelve research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $77.21.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in JCI. 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 valued at $33,000 after buying an additional 278 shares in the last quarter. Continuum Advisory LLC boosted its position in Johnson Controls International by 65.2% during the 2nd quarter. Continuum Advisory LLC now owns 527 shares of the company’s stock worth $35,000 after acquiring an additional 208 shares during the period. Wolff Wiese Magana LLC grew its stake in Johnson Controls International by 977.3% during the 3rd quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock valued at $37,000 after acquiring an additional 430 shares in the last quarter. Western Pacific Wealth Management LP purchased a new position in Johnson Controls International during the 3rd quarter valued at about $44,000. Finally, Hexagon Capital Partners LLC lifted its position in shares of Johnson Controls International by 39.7% in the second quarter. Hexagon Capital Partners LLC now owns 711 shares of the company’s stock worth $47,000 after purchasing an additional 202 shares in the last quarter. 90.05% of the stock is owned by hedge funds and other institutional investors.

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.