Anuruddha Rathninde Sells 15,000 Shares of Johnson Controls International plc (NYSE:JCI) Stock

Johnson Controls International plc (NYSE:JCI - Get Free Report) VP Anuruddha Rathninde sold 15,000 shares of the stock in a transaction on Friday, June 6th. The stock was sold at an average price of $103.13, for a total transaction of $1,546,950.00. Following the completion of the sale, the vice president now owns 42,574 shares in the company, valued at $4,390,656.62. The trade was a 26.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Johnson Controls International Stock Down 0.3%

JCI traded down $0.27 during trading hours on Monday, reaching $103.52. 3,063,371 shares of the stock traded hands, compared to its average volume of 4,278,263. The company has a market cap of $68.12 billion, a price-to-earnings ratio of 39.51, a PEG ratio of 1.96 and a beta of 1.33. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. Johnson Controls International plc has a fifty-two week low of $64.31 and a fifty-two week high of $104.00. The firm's fifty day simple moving average is $88.31 and its two-hundred day simple moving average is $84.34.

Johnson Controls International (NYSE:JCI - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $0.82 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $5.68 billion during the quarter, compared to analyst estimates of $5.64 billion. During the same period last year, the business earned $0.78 EPS. The firm's revenue for the quarter was up 1.4% compared to the same quarter last year. As a group, analysts forecast that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

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. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date was Monday, March 24th. Johnson Controls International's dividend payout ratio is currently 39.47%.

Institutional Trading of Johnson Controls International

A number of institutional investors have recently made changes to their positions in the stock. Brighton Jones LLC acquired a new stake in shares of Johnson Controls International during the fourth quarter valued at approximately $222,000. Chicago Partners Investment Group LLC bought a new stake in Johnson Controls International in the 4th quarter valued at $233,000. U.S. Capital Wealth Advisors LLC lifted its stake in shares of Johnson Controls International by 7.7% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 5,696 shares of the company's stock valued at $450,000 after buying an additional 409 shares during the period. Mather Group LLC. lifted its stake in shares of Johnson Controls International by 17.4% in the fourth quarter. Mather Group LLC. now owns 2,631 shares of the company's stock valued at $208,000 after buying an additional 390 shares during the period. Finally, Stratos Wealth Partners LTD. raised its position in Johnson Controls International by 6.5% in the fourth quarter. Stratos Wealth Partners LTD. now owns 7,139 shares of the company's stock worth $564,000 after purchasing an additional 433 shares in the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently issued reports on JCI. JPMorgan Chase & Co. raised their price objective on shares of Johnson Controls International from $81.00 to $98.00 and gave the stock an "overweight" rating in a research report on Friday, May 16th. Wells Fargo & Company boosted their price objective on shares of Johnson Controls International from $100.00 to $130.00 and gave the stock an "overweight" rating in a research report on Wednesday, June 4th. 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 research report on Monday, May 12th. Citigroup dropped their price objective on shares of Johnson Controls International from $95.00 to $85.00 and set a "neutral" rating on the stock in a research note on Monday, April 14th. Finally, Robert W. Baird upped their target price on shares of Johnson Controls International from $84.00 to $90.00 and gave the stock a "neutral" rating in a research report on Thursday, May 8th. Eight equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, Johnson Controls International presently has an average rating of "Moderate Buy" and an average target price of $97.88.

About Johnson Controls International

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.