George Oliver Sells 162,894 Shares of Johnson Controls International plc (NYSE:JCI) Stock

Johnson Controls International plc (NYSE:JCI - Get Free Report) CEO George Oliver sold 162,894 shares of the firm's stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $89.28, for a total value of $14,543,176.32. Following the completion of the sale, the chief executive officer now directly owns 1,203,893 shares in the company, valued at $107,483,567.04. The trade was a 11.92 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• 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.
• On Tuesday, December 10th, George Oliver sold 124,497 shares of Johnson Controls International stock. The stock was sold at an average price of $82.67, for a total value of $10,292,166.99.
• 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 value of $14,264,991.00.
• On Monday, November 25th, George Oliver sold 10,304 shares of Johnson Controls International stock. The shares were sold at an average price of $84.14, for a total value of $866,978.56.
• On Wednesday, November 20th, George Oliver sold 224,152 shares of Johnson Controls International stock. The shares were sold at an average price of $82.72, for a total value of $18,541,853.44.

Johnson Controls International Stock Performance

Shares of JCI stock traded up $1.02 during mid-day trading on Tuesday, reaching $90.79. 1,157,987 shares of the company's stock traded hands, compared to its average volume of 4,527,872. Johnson Controls International plc has a 12 month low of $56.28 and a 12 month high of $91.09. The firm has a 50 day moving average price of $81.62 and a two-hundred day moving average price of $77.93. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.79 and a current ratio of 1.02. The firm has a market capitalization of $59.93 billion, a PE ratio of 34.63, a price-to-earnings-growth ratio of 2.48 and a beta of 1.32.

Johnson Controls International (NYSE:JCI - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, beating 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%. On average, research analysts forecast that Johnson Controls International plc will post 3.52 EPS for the current year.

Johnson Controls International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were issued a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.63%. The ex-dividend date of this dividend was Monday, December 23rd. Johnson Controls International's dividend payout ratio is currently 56.49%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of JCI. Compass Financial Services Inc bought a new position in shares of Johnson Controls International during the 4th quarter valued at about $26,000. SBI Securities Co. Ltd. bought a new position in shares of Johnson Controls International during the 4th quarter valued at about $29,000. Fortitude Family Office LLC boosted its holdings in shares of Johnson Controls International by 195.8% during the 3rd quarter. Fortitude Family Office LLC now owns 420 shares of the company's stock valued at $33,000 after purchasing an additional 278 shares during the last quarter. Wolff Wiese Magana LLC boosted its holdings in shares of 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 purchasing an additional 430 shares during the last quarter. Finally, Crowley Wealth Management Inc. bought a new position in shares of Johnson Controls International during the 4th quarter valued at about $42,000. Institutional investors own 90.05% of the company's stock.

Wall Street Analyst Weigh In

JCI has been the topic of several research reports. Argus raised Johnson Controls International from a "hold" rating to a "buy" rating and set a $88.00 price objective on the stock in a research report on Friday, December 20th. Melius cut Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price objective on the stock. in a research report on Tuesday, January 28th. UBS Group raised Johnson Controls International from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $90.00 to $103.00 in a research report on Monday, February 10th. Morgan Stanley lifted their price objective on Johnson Controls International from $95.00 to $105.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Finally, Citigroup lowered their target price on shares of Johnson Controls International from $85.00 to $84.00 and set a "neutral" rating for the company in a report on Monday, January 13th. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat, Johnson Controls International has a consensus rating of "Moderate Buy" and an average price target of $91.13.

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.