Johnson Controls International PLC (NYSE:JCI) CEO Sells $473,142.96 in Stock

Johnson Controls International PLC (NYSE:JCI) CEO George Oliver sold 11,196 shares of the stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $42.26, for a total value of $473,142.96. Following the transaction, the chief executive officer now owns 881,753 shares of the company’s stock, valued at $37,262,881.78. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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

  • On Monday, July 1st, George Oliver sold 11,238 shares of Johnson Controls International stock. The stock was sold at an average price of $41.67, for a total value of $468,287.46.
  • On Monday, June 3rd, George Oliver sold 11,481 shares of Johnson Controls International stock. The stock was sold at an average price of $38.90, for a total value of $446,610.90.

Shares of NYSE:JCI opened at $41.93 on Monday. Johnson Controls International PLC has a twelve month low of $28.30 and a twelve month high of $42.85. The firm has a market capitalization of $37.73 billion, a price-to-earnings ratio of 14.82, a PEG ratio of 2.25 and a beta of 0.94. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.80 and a current ratio of 1.41. The firm has a fifty day simple moving average of $41.07.

Johnson Controls International (NYSE:JCI) last announced its earnings results on Wednesday, July 31st. The company reported $0.65 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.63 by $0.02. Johnson Controls International had a return on equity of 9.02% and a net margin of 22.38%. The company had revenue of $6.45 billion during the quarter, compared to analyst estimates of $6.33 billion. During the same period last year, the company posted $0.81 earnings per share. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. On average, analysts predict that Johnson Controls International PLC will post 1.94 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, July 12th. Stockholders of record on Monday, June 24th were paid a $0.26 dividend. The ex-dividend date was Friday, June 21st. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.48%. Johnson Controls International’s dividend payout ratio (DPR) is presently 36.75%.

JCI has been the subject of several recent analyst reports. Credit Suisse Group initiated coverage on Johnson Controls International in a research note on Monday, May 13th. They set a “neutral” rating and a $42.00 price objective for the company. Citigroup initiated coverage on Johnson Controls International in a research note on Wednesday, June 5th. They set a “buy” rating and a $45.00 price objective for the company. Zacks Investment Research upgraded Johnson Controls International from a “hold” rating to a “buy” rating and set a $44.00 price objective for the company in a research note on Monday, July 1st. Barclays initiated coverage on Johnson Controls International in a research note on Wednesday, June 12th. They set an “equal weight” rating and a $39.00 price objective for the company. Finally, TheStreet upgraded Johnson Controls International from a “c+” rating to a “b-” rating in a research note on Thursday, May 9th. Seven research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $39.30.

Several large investors have recently made changes to their positions in the company. Clearbridge Investments LLC increased its stake in shares of Johnson Controls International by 3.1% in the first quarter. Clearbridge Investments LLC now owns 20,573,292 shares of the company’s stock valued at $759,977,000 after buying an additional 624,079 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Johnson Controls International by 8.0% in the fourth quarter. Geode Capital Management LLC now owns 11,409,138 shares of the company’s stock valued at $337,655,000 after acquiring an additional 843,858 shares during the last quarter. Northern Trust Corp boosted its holdings in Johnson Controls International by 0.5% in the first quarter. Northern Trust Corp now owns 10,083,588 shares of the company’s stock valued at $372,488,000 after acquiring an additional 55,031 shares during the last quarter. American Century Companies Inc. boosted its holdings in Johnson Controls International by 12.5% in the first quarter. American Century Companies Inc. now owns 9,214,815 shares of the company’s stock valued at $340,395,000 after acquiring an additional 1,024,248 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Johnson Controls International by 12.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 6,279,025 shares of the company’s stock valued at $186,188,000 after acquiring an additional 678,935 shares during the last quarter. Institutional investors own 90.81% of the company’s stock.

Johnson Controls International Company Profile

Johnson Controls International plc operates as a diversified technology and multi industrial company worldwide. The company operates through Building Technologies & Solutions and Power Solutions segments. The company designs, sells, installs, and services heating, ventilating, and air conditioning systems, controls systems, integrated electronic security systems, and integrated fire detection and suppression systems for commercial, industrial, retail, small business, institutional, and governmental customers; and energy efficiency solutions and technical services, including inspection, scheduled maintenance, and repair and replacement of mechanical and control systems, to non-residential building and industrial applications.

Read More: Investing in Dividend Stocks

Insider Buying and Selling by Quarter for Johnson Controls International (NYSE:JCI)

Receive News & Ratings for Johnson Controls International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Controls International and related companies with MarketBeat.com's FREE daily email newsletter.