Johnson Controls International plc (NYSE:JCI) VP Nathan D. Manning Sells 1,422 Shares

Johnson Controls International plc (NYSE:JCI - Get Free Report) VP Nathan D. Manning sold 1,422 shares of the stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $100.90, for a total transaction of $143,479.80. Following the transaction, the vice president now owns 143,282 shares in the company, valued at approximately $14,457,153.80. This trade represents a 0.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Johnson Controls International Price Performance

Shares of NYSE:JCI traded up $1.49 on Friday, reaching $103.81. The company's stock had a trading volume of 3,687,432 shares, compared to its average volume of 4,281,912. Johnson Controls International plc has a 52-week low of $64.31 and a 52-week high of $104.85. The company has a market cap of $68.31 billion, a P/E ratio of 39.62, a PEG ratio of 1.96 and a beta of 1.33. The company has a 50-day simple moving average of $87.45 and a 200 day simple moving average of $84.06. 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 issued its quarterly earnings data 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 net margin of 6.83% and a return on equity of 15.11%. The business had revenue of $5.68 billion during the quarter, compared to analysts' expectations of $5.64 billion. During the same period last year, the company posted $0.78 EPS. The business's revenue was up 1.4% on a year-over-year basis. As a group, equities research analysts anticipate that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 24th were paid a $0.37 dividend. The ex-dividend date was Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.43%. Johnson Controls International's payout ratio is currently 39.47%.

Hedge Funds Weigh In On Johnson Controls International

Institutional investors and hedge funds have recently made changes to their positions in the business. Certuity LLC purchased a new position in shares of Johnson Controls International in the 4th quarter worth $243,000. Greenleaf Trust boosted its stake in shares of Johnson Controls International by 17.7% during the 4th quarter. Greenleaf Trust now owns 27,467 shares of the company's stock worth $2,168,000 after purchasing an additional 4,137 shares during the period. Vivid Wealth Management LLC purchased a new position in shares of Johnson Controls International during the 4th quarter worth about $2,290,000. Stratos Wealth Partners LTD. boosted its stake in shares of Johnson Controls International by 6.5% during the 4th quarter. Stratos Wealth Partners LTD. now owns 7,139 shares of the company's stock worth $564,000 after purchasing an additional 433 shares during the period. Finally, SBI Securities Co. Ltd. purchased a new position in shares of Johnson Controls International during the 4th quarter worth about $29,000. 90.05% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on JCI shares. Citigroup decreased their price target on shares of Johnson Controls International from $95.00 to $85.00 and set a "neutral" rating on the stock in a research report on Monday, April 14th. Deutsche Bank Aktiengesellschaft upgraded shares of Johnson Controls International from a "hold" rating to a "buy" rating and increased their price target for the stock from $101.00 to $112.00 in a research report on Monday, May 12th. Robert W. Baird increased their price objective on shares of Johnson Controls International from $84.00 to $90.00 and gave the stock a "neutral" rating in a research note on Thursday, May 8th. Vertical Research raised shares of Johnson Controls International from a "hold" rating to a "buy" rating and set a $105.00 price objective for the company in a research note on Thursday, May 8th. Finally, Oppenheimer increased their price objective on shares of Johnson Controls International from $90.00 to $96.00 and gave the stock an "outperform" rating in a research note on Thursday, May 8th. Eight investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $97.88.

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.