Insider Selling: Johnson Controls International plc (NYSE:JCI) CEO Sells 162,894 Shares of Stock

Johnson Controls International plc (NYSE:JCI) CEO George Oliver sold 162,894 shares of Johnson Controls International stock in a transaction on Friday, February 14th. The shares were sold at an average price of $89.28, for a total transaction of $14,543,176.32. Following the completion of the sale, the chief executive officer now directly owns 1,203,893 shares of the company’s stock, valued at approximately $107,483,567.04. The trade was a 11.92 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, 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 shares were 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 shares were sold at an average price of $88.03, for a total transaction of $18,060,939.04.
• On Tuesday, December 10th, George Oliver sold 124,497 shares of Johnson Controls International stock. The shares were sold at an average price of $82.67, for a total transaction 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 transaction of $14,264,991.00.
• On Monday, November 25th, George Oliver sold 10,304 shares of Johnson Controls International stock. The stock was sold at an average price of $84.14, for a total transaction of $866,978.56.
• On Wednesday, November 20th, George Oliver sold 224,152 shares of Johnson Controls International stock. The stock was sold at an average price of $82.72, for a total transaction of $18,541,853.44.

Johnson Controls International Stock Performance

NYSE JCI opened at $89.83 on Friday. The stock has a market cap of $59.30 billion, a P/E ratio of 34.28, a PEG ratio of 2.48 and a beta of 1.32. The company’s 50-day simple moving average is $81.39 and its 200 day simple moving average is $77.54. Johnson Controls International plc has a twelve month low of $56.28 and a twelve month high of $89.95. The company has a quick ratio of 0.79, a current ratio of 1.02 and a debt-to-equity ratio of 0.50.

Johnson Controls International (NYSE:JCI) last posted its earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share 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%. As a group, research analysts forecast that Johnson Controls International plc will post 3.52 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were given a $0.37 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a yield of 1.65%. Johnson Controls International’s dividend payout ratio (DPR) is presently 56.49%.

Hedge Funds Weigh In On Johnson Controls International

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Compass Financial Services Inc acquired a new position in Johnson Controls International in the fourth quarter valued at about $26,000. SBI Securities Co. Ltd. acquired a new position in Johnson Controls International in the fourth quarter valued at about $29,000. Fortitude Family Office LLC boosted its position in Johnson Controls International by 195.8% in the third quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock valued at $33,000 after buying an additional 278 shares in the last quarter. Wolff Wiese Magana LLC lifted its position in shares of Johnson Controls International by 977.3% during the third quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock worth $37,000 after purchasing an additional 430 shares in the last quarter. Finally, Crowley Wealth Management Inc. acquired a new position in shares of Johnson Controls International during the fourth quarter worth approximately $42,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently commented on JCI shares. StockNews.com downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Wells Fargo & Company lifted their target price on shares of Johnson Controls International from $92.00 to $98.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Citigroup dropped their target price on shares of Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating on the stock in a report on Monday, January 13th. Morgan Stanley boosted their price objective on shares of Johnson Controls International from $95.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Finally, Royal Bank of Canada boosted their price objective on shares of Johnson Controls International from $86.00 to $93.00 and gave the stock a “sector perform” rating in a report on Thursday, February 6th. Eight analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, Johnson Controls International presently has a consensus rating of “Moderate Buy” and a consensus target price of $91.13.

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.