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

Johnson Controls International plc (NYSE:JCI) CFO Marc Vandiepenbeeck sold 186 shares of the stock in a transaction on Thursday, October 3rd. The shares were sold at an average price of $76.30, for a total value of $14,191.80. Following the completion of the transaction, the chief financial officer now owns 83,516 shares of the company’s stock, valued at $6,372,270.80. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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

• On Friday, September 20th, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The stock was sold at an average price of $73.81, for a total value of $13,728.66.
• On Tuesday, September 3rd, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The shares were sold at an average price of $72.75, for a total value of $13,531.50.
• On Monday, August 5th, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The stock was sold at an average price of $65.60, for a total value of $12,201.60.
• On Monday, July 22nd, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The stock was sold at an average price of $69.64, for a total transaction of $12,953.04.

Johnson Controls International Trading Up 0.3 %

NYSE JCI opened at $75.68 on Friday. The company has a current ratio of 0.96, a quick ratio of 0.73 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $50.55 billion, a P/E ratio of 30.64, a PEG ratio of 1.87 and a beta of 1.29. The business has a fifty day simple moving average of $71.35 and a 200 day simple moving average of $68.74. Johnson Controls International plc has a 12 month low of $47.90 and a 12 month high of $78.23.

Johnson Controls International (NYSE:JCI) last announced its earnings results on Wednesday, July 31st. The company reported $1.14 EPS for the quarter, beating the consensus estimate of $1.08 by $0.06. Johnson Controls International had a net margin of 6.02% and a return on equity of 13.64%. The company had revenue of $7.23 billion during the quarter, compared to the consensus estimate of $7.53 billion. During the same quarter in the prior year, the company posted $1.03 earnings per share. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis. On average, analysts predict that Johnson Controls International plc will post 3.68 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 18th. Investors of record on Wednesday, September 25th will be given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date of this dividend is Wednesday, September 25th. Johnson Controls International’s payout ratio is 59.92%.

Analysts Set New Price Targets

A number of analysts have commented on JCI shares. Morgan Stanley initiated coverage on Johnson Controls International in a report on Friday, September 6th. They set an “overweight” rating and a $85.00 price target for the company. Barclays raised their target price on Johnson Controls International from $62.00 to $64.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Robert W. Baird boosted their price target on Johnson Controls International from $72.00 to $78.00 and gave the company a “neutral” rating in a research note on Thursday, August 1st. StockNews.com upgraded Johnson Controls International from a “hold” rating to a “buy” rating in a report on Friday, August 2nd. Finally, The Goldman Sachs Group lifted their price objective on shares of Johnson Controls International from $73.00 to $81.00 and gave the company a “buy” rating in a research note on Friday, August 2nd. Eleven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $72.21.

Institutional Trading of Johnson Controls International

A number of hedge funds have recently bought and sold shares of JCI. Czech National Bank increased its position in shares of Johnson Controls International by 6.0% during the 3rd quarter. Czech National Bank now owns 136,081 shares of the company’s stock valued at $10,561,000 after purchasing an additional 7,723 shares during the last quarter. Central Pacific Bank Trust Division increased its holdings in Johnson Controls International by 0.6% during the third quarter. Central Pacific Bank Trust Division now owns 32,034 shares of the company’s stock worth $2,486,000 after buying an additional 200 shares during the last quarter. Massmutual Trust Co. FSB ADV boosted its stake in Johnson Controls International by 41.6% in the third quarter. Massmutual Trust Co. FSB ADV now owns 2,640 shares of the company’s stock valued at $205,000 after acquiring an additional 776 shares during the last quarter. Greater Midwest Financial Group LLC bought a new position in shares of Johnson Controls International during the 2nd quarter valued at approximately $1,237,000. Finally, Heritage Wealth Management Inc. purchased a new stake in shares of Johnson Controls International during the 2nd quarter worth approximately $710,000. 90.05% of the stock is currently owned by 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.