Johnson Controls International plc (NYSE:JCI) VP Sells $113,361.84 in Stock

Johnson Controls International plc (NYSE:JCI) VP Nathan D. Manning sold 1,422 shares of the company’s stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $79.72, for a total transaction of $113,361.84. Following the completion of the transaction, the vice president now owns 145,502 shares in the company, valued at $11,599,419.44. This represents a 0.97 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Johnson Controls International Price Performance

NYSE JCI opened at $81.34 on Wednesday. The firm’s fifty day simple moving average is $82.91 and its two-hundred day simple moving average is $80.77. The firm has a market capitalization of $53.69 billion, a P/E ratio of 31.04, a P/E/G ratio of 1.96 and a beta of 1.32. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50. Johnson Controls International plc has a 12-month low of $59.83 and a 12-month high of $91.14.

Johnson Controls International (NYSE:JCI) last announced its earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. Analysts forecast that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 24th will be issued a dividend of $0.37 per share. The ex-dividend date of this dividend is Monday, March 24th. This represents a $1.48 annualized dividend and a dividend yield of 1.82%. Johnson Controls International’s dividend payout ratio (DPR) is currently 56.49%.

Institutional Trading of Johnson Controls International

A number of institutional investors have recently bought and sold shares of JCI. Townsquare Capital LLC raised its holdings in shares of Johnson Controls International by 29.9% in the third quarter. Townsquare Capital LLC now owns 14,101 shares of the company’s stock worth $1,094,000 after buying an additional 3,247 shares during the last quarter. CreativeOne Wealth LLC purchased a new position in Johnson Controls International in the 3rd quarter worth $328,000. Public Sector Pension Investment Board raised its stake in Johnson Controls International by 14.1% in the 3rd quarter. Public Sector Pension Investment Board now owns 28,321 shares of the company’s stock worth $2,198,000 after acquiring an additional 3,500 shares during the last quarter. Edgestream Partners L.P. acquired a new stake in Johnson Controls International during the 3rd quarter worth about $3,641,000. Finally, Kestra Investment Management LLC acquired a new position in shares of Johnson Controls International in the third quarter valued at about $488,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Melius cut Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price objective on the stock. in a research note on Tuesday, January 28th. JPMorgan Chase & Co. increased their price target on Johnson Controls International from $87.00 to $100.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Citigroup decreased their price objective on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a report on Monday, January 13th. Wells Fargo & Company increased 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. Finally, Argus upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price target for the company in a report on Friday, December 20th. Eight analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $91.27.

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.