George Oliver Sells 100,000 Shares of Johnson Controls International plc (NYSE:JCI) Stock

Johnson Controls International plc (NYSE:JCI - Get Free Report) Director George Oliver sold 100,000 shares of the stock in a transaction that occurred on Friday, May 9th. The stock was sold at an average price of $91.70, for a total transaction of $9,170,000.00. Following the completion of the sale, the director now owns 904,305 shares in the company, valued at $82,924,768.50. This represents a 9.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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 value of $1,214,190.81.
• On Wednesday, March 12th, George Oliver sold 184,331 shares of Johnson Controls International stock. The shares were sold at an average price of $79.49, for a total value of $14,652,471.19.
• On Tuesday, February 25th, George Oliver sold 129,263 shares of Johnson Controls International stock. The shares were 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 value of $14,543,176.32.

Johnson Controls International Stock Up 0.3%

Shares of NYSE:JCI traded up $0.30 during trading on Thursday, reaching $96.65. 2,544,750 shares of the stock traded hands, compared to its average volume of 4,387,616. Johnson Controls International plc has a 52-week low of $64.31 and a 52-week high of $97.11. The stock has a market cap of $63.60 billion, a P/E ratio of 36.89, a price-to-earnings-growth ratio of 1.96 and a beta of 1.28. The stock has a 50-day moving average of $81.52 and a two-hundred day moving average of $81.96. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.86 and a current ratio of 1.02.

Johnson Controls International (NYSE:JCI - Get Free Report) last posted its earnings results on Wednesday, May 7th. The company reported $0.82 EPS for the quarter, topping analysts' consensus estimates of $0.77 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. The business had revenue of $5.68 billion during the quarter, compared to analyst estimates of $5.64 billion. During the same quarter last year, the company earned $0.78 EPS. The company's quarterly revenue was up 1.4% compared to the same quarter last year. As a group, sell-side analysts expect that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 24th were paid a $0.37 dividend. The ex-dividend date of this dividend was Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.53%. Johnson Controls International's dividend payout ratio is presently 39.47%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in JCI. Barclays PLC lifted its holdings in Johnson Controls International by 6.7% in the third quarter. Barclays PLC now owns 1,685,322 shares of the company's stock valued at $130,797,000 after acquiring an additional 105,194 shares during the period. Diversified Trust Co bought a new position in shares of Johnson Controls International in the 4th quarter worth approximately $215,000. ST Germain D J Co. Inc. boosted its holdings in shares of Johnson Controls International by 32.8% in the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company's stock worth $43,000 after buying an additional 134 shares during the last quarter. Graypoint LLC grew its position in Johnson Controls International by 4.1% during the fourth quarter. Graypoint LLC now owns 3,277 shares of the company's stock valued at $259,000 after buying an additional 130 shares during the period. Finally, Czech National Bank grew its position in Johnson Controls International by 6.4% during the fourth quarter. Czech National Bank now owns 144,839 shares of the company's stock valued at $11,432,000 after buying an additional 8,758 shares during the period. 90.05% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

JCI has been the topic of several recent research reports. Morgan Stanley raised their price target on Johnson Controls International from $105.00 to $115.00 and gave the stock an "overweight" rating in a research report on Friday, May 9th. Melius Research restated a "hold" rating and issued a $95.00 target price on shares of Johnson Controls International in a report on Tuesday, January 28th. Deutsche Bank Aktiengesellschaft upgraded shares of Johnson Controls International from a "hold" rating to a "buy" rating and upped their price target for the company from $101.00 to $112.00 in a report on Monday. Barclays raised their price target on shares of Johnson Controls International from $85.00 to $90.00 and gave the stock an "equal weight" rating in a report on Wednesday. Finally, Citigroup lowered their price objective on shares of Johnson Controls International from $95.00 to $85.00 and set a "neutral" rating for the company in a research note on Monday, April 14th. Eight investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $94.35.

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.