Insider Selling: Johnson Controls International plc (NYSE:JCI) Director Sells 184,331 Shares of Stock

Johnson Controls International plc (NYSE:JCI - Get Free Report) Director George Oliver sold 184,331 shares of the firm's stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $79.49, for a total transaction of $14,652,471.19. Following the completion of the sale, the director now owns 1,019,562 shares in the company, valued at $81,044,983.38. This represents a 15.31 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

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

• On Friday, March 14th, George Oliver sold 15,669 shares of Johnson Controls International stock. The stock was sold at an average price of $77.49, for a total transaction of $1,214,190.81.
• 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 shares were 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 transaction 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 transaction of $18,060,939.04.

Johnson Controls International Trading Down 0.4 %

JCI stock traded down $0.31 during midday trading on Tuesday, reaching $81.21. 1,247,760 shares of the company's stock traded hands, compared to its average volume of 4,156,826. The business has a 50-day moving average price of $82.45 and a two-hundred day moving average price of $79.87. Johnson Controls International plc has a fifty-two week low of $59.83 and a fifty-two week high of $91.14. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. The company has a market capitalization of $53.61 billion, a P/E ratio of 31.00, a PEG ratio of 1.96 and a beta of 1.32.

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Johnson Controls International (NYSE:JCI - Get Free Report) last posted its earnings results on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, topping analysts' consensus estimates of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. Equities research analysts forecast that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 24th will be paid a dividend of $0.37 per share. The ex-dividend date of this dividend is Monday, March 24th. This represents a $1.48 annualized dividend and a yield of 1.82%. Johnson Controls International's payout ratio is 56.49%.

Analysts Set New Price Targets

A number of research firms have issued reports on JCI. StockNews.com cut shares of Johnson Controls International from a "buy" rating to a "hold" rating in a report on Wednesday, November 20th. 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 research note on Friday, December 20th. Melius lowered shares of Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price objective on the stock. in a research note on Tuesday, January 28th. Citigroup cut their price objective on shares of Johnson Controls International from $85.00 to $84.00 and set a "neutral" rating on the stock in a research note on Monday, January 13th. Finally, Morgan Stanley lifted their target price on shares of Johnson Controls International from $95.00 to $105.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $91.27.

Institutional Trading of Johnson Controls International

Several institutional investors have recently added to or reduced their stakes in the business. Assetmark Inc. grew its position in shares of Johnson Controls International by 1.2% during the third quarter. Assetmark Inc. now owns 32,913 shares of the company's stock worth $2,554,000 after acquiring an additional 400 shares during the last quarter. Ashton Thomas Securities LLC acquired a new stake in Johnson Controls International in the third quarter worth about $61,000. Nations Financial Group Inc. IA ADV acquired a new stake in Johnson Controls International in the third quarter worth about $324,000. Apollon Wealth Management LLC lifted its holdings in Johnson Controls International by 21.6% in the third quarter. Apollon Wealth Management LLC now owns 19,977 shares of the company's stock worth $1,550,000 after purchasing an additional 3,554 shares during the period. Finally, Harbour Investments Inc. lifted its holdings in Johnson Controls International by 12.7% in the third quarter. Harbour Investments Inc. now owns 2,866 shares of the company's stock worth $222,000 after purchasing an additional 322 shares during the period. 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.