Insider Selling: Johnson Controls International plc (NYSE:JCI) CFO Sells 186 Shares of Stock

Johnson Controls International plc (NYSE:JCI - Get Free Report) CFO Marc Vandiepenbeeck sold 186 shares of the stock in a transaction on Wednesday, July 3rd. The stock was sold at an average price of $66.15, for a total transaction of $12,303.90. Following the completion of the transaction, the chief financial officer now directly owns 43,625 shares in the company, valued at approximately $2,885,793.75. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Marc Vandiepenbeeck also recently made the following trade(s):

• On Friday, May 3rd, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The shares were sold at an average price of $61.25, for a total transaction of $11,392.50.
• On Monday, April 22nd, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The shares were sold at an average price of $63.70, for a total transaction of $11,848.20.

Johnson Controls International Stock Performance

Shares of JCI traded up $0.53 on Wednesday, reaching $66.85. The company's stock had a trading volume of 1,934,276 shares, compared to its average volume of 5,484,121. The stock's 50 day simple moving average is $68.28 and its two-hundred day simple moving average is $62.45. Johnson Controls International plc has a 12-month low of $47.90 and a 12-month high of $74.23. The stock has a market capitalization of $45.04 billion, a P/E ratio of 27.09, a PEG ratio of 1.73 and a beta of 1.28. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.87 and a quick ratio of 0.65.

Johnson Controls International (NYSE:JCI - Get Free Report) last posted its quarterly earnings data on Wednesday, May 1st. The company reported $0.78 earnings per share for the quarter, beating analysts' consensus estimates of $0.75 by $0.03. The business had revenue of $6.70 billion for the quarter, compared to analysts' expectations of $7.51 billion. Johnson Controls International had a net margin of 6.32% and a return on equity of 13.21%. The business's revenue was down 6.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.75 earnings per share. Research analysts forecast that Johnson Controls International plc will post 3.59 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 19th. Investors of record on Monday, June 24th will be paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 2.21%. The ex-dividend date is Monday, June 24th. Johnson Controls International's dividend payout ratio (DPR) is presently 59.92%.

Institutional Trading of Johnson Controls International

A number of hedge funds have recently added to or reduced their stakes in the business. Turtle Creek Wealth Advisors LLC acquired a new position in Johnson Controls International in the 4th quarter worth approximately $25,000. Rise Advisors LLC acquired a new position in Johnson Controls International in the 1st quarter worth approximately $25,000. EdgeRock Capital LLC acquired a new position in Johnson Controls International in the 4th quarter worth approximately $27,000. Hexagon Capital Partners LLC increased its holdings in Johnson Controls International by 114.0% in the 4th quarter. Hexagon Capital Partners LLC now owns 503 shares of the company's stock worth $29,000 after buying an additional 268 shares during the period. Finally, Headinvest LLC acquired a new position in Johnson Controls International in the 3rd quarter worth approximately $30,000. 90.05% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

JCI has been the subject of several analyst reports. Citigroup increased their price target on shares of Johnson Controls International from $59.00 to $68.00 and gave the company a "neutral" rating in a research report on Monday, April 8th. Wells Fargo & Company raised their target price on shares of Johnson Controls International from $64.00 to $73.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 2nd. UBS Group cut shares of Johnson Controls International from a "buy" rating to a "neutral" rating and dropped their target price for the stock from $74.00 to $68.00 in a research report on Monday, May 6th. Barclays raised their target price on shares of Johnson Controls International from $59.00 to $62.00 and gave the stock an "equal weight" rating in a research report on Friday, June 21st. Finally, Oppenheimer raised their target price on shares of Johnson Controls International from $70.00 to $76.00 and gave the stock an "outperform" rating in a research report on Thursday, June 27th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company's stock. According to MarketBeat.com, Johnson Controls International has an average rating of "Hold" and an average target price of $63.82.

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.