Johnson Controls International plc (NYSE:JCI) CFO Sells $15,551.46 in Stock

Johnson Controls International plc (NYSE:JCI) CFO Marc Vandiepenbeeck sold 186 shares of the stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $83.61, for a total value of $15,551.46. Following the completion of the sale, the chief financial officer now directly owns 83,353 shares of the company’s stock, valued at approximately $6,969,144.33. The trade was a 0.22 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

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

• On Monday, October 21st, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The stock was sold at an average price of $77.47, for a total value of $14,409.42.
• On Thursday, October 3rd, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The stock was sold at an average price of $76.30, for a total transaction of $14,191.80.
• On Friday, September 20th, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The shares were sold at an average price of $73.81, for a total transaction of $13,728.66.
• On Tuesday, September 3rd, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The stock was sold at an average price of $72.75, for a total value of $13,531.50.

Johnson Controls International Price Performance

Shares of NYSE:JCI opened at $83.45 on Friday. The firm has a market capitalization of $55.26 billion, a PE ratio of 32.85, a P/E/G ratio of 2.34 and a beta of 1.29. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.46. The company has a 50-day moving average price of $78.13 and a two-hundred day moving average price of $72.38. Johnson Controls International plc has a twelve month low of $51.70 and a twelve month high of $87.16.

Johnson Controls International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Wednesday, September 25th were given a dividend of $0.37 per share. The ex-dividend date was Wednesday, September 25th. This represents a $1.48 annualized dividend and a dividend yield of 1.77%. Johnson Controls International’s dividend payout ratio is currently 58.27%.

Institutional Trading of Johnson Controls International

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. O Shaughnessy Asset Management LLC raised its stake in Johnson Controls International by 29.1% in the first quarter. O Shaughnessy Asset Management LLC now owns 39,436 shares of the company’s stock valued at $2,576,000 after purchasing an additional 8,897 shares in the last quarter. Bessemer Group Inc. lifted its holdings in shares of Johnson Controls International by 10.8% during the 1st quarter. Bessemer Group Inc. now owns 10,146 shares of the company’s stock worth $663,000 after acquiring an additional 989 shares during the last quarter. Lake Street Advisors Group LLC grew its position in Johnson Controls International by 21.1% in the first quarter. Lake Street Advisors Group LLC now owns 5,151 shares of the company’s stock worth $338,000 after acquiring an additional 899 shares in the last quarter. Delap Wealth Advisory LLC bought a new position in Johnson Controls International in the first quarter valued at $306,000. Finally, Axxcess Wealth Management LLC raised its position in Johnson Controls International by 23.5% during the first quarter. Axxcess Wealth Management LLC now owns 12,209 shares of the company’s stock valued at $798,000 after purchasing an additional 2,327 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on JCI shares. Mizuho increased their target price on Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a report on Thursday, October 17th. Bank of America lifted their price objective on shares of Johnson Controls International from $80.00 to $95.00 and gave the company a “buy” rating in a report on Friday, September 27th. Robert W. Baird raised their price target on shares of Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. Barclays boosted their price objective on Johnson Controls International from $62.00 to $64.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 2nd. Finally, Oppenheimer raised their target price on Johnson Controls International from $86.00 to $87.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Twelve research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, Johnson Controls International currently has an average rating of “Hold” and a consensus price target of $77.21.

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.