Johnson Controls International plc (NYSE:JCI) CEO Sells $18,541,853.44 in Stock

Johnson Controls International plc (NYSE:JCI) CEO George Oliver sold 224,152 shares of the business’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $82.72, for a total value of $18,541,853.44. Following the sale, the chief executive officer now owns 1,166,992 shares in the company, valued at approximately $96,533,578.24. This trade represents a 16.11 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

George Oliver also recently made the following trade(s):

• On Friday, November 15th, George Oliver sold 110,616 shares of Johnson Controls International stock. The stock was sold at an average price of $84.60, for a total transaction of $9,358,113.60.
• On Tuesday, October 15th, George Oliver sold 110,615 shares of Johnson Controls International stock. The shares were sold at an average price of $76.79, for a total transaction of $8,494,125.85.
• On Monday, September 16th, George Oliver sold 110,615 shares of Johnson Controls International stock. The stock was sold at an average price of $72.67, for a total transaction of $8,038,392.05.

Johnson Controls International Stock Down 0.6 %

JCI stock opened at $83.45 on Friday. The stock’s 50 day simple moving average is $78.13 and its 200 day simple moving average is $72.38. The company has a market cap of $55.75 billion, a P/E ratio of 32.85, a price-to-earnings-growth ratio of 2.33 and a beta of 1.29. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 0.94. Johnson Controls International plc has a fifty-two week low of $51.70 and a fifty-two week high of $87.16.

Johnson Controls International Dividend Announcement

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

Institutional Trading of Johnson Controls International

Hedge funds have recently bought and sold shares of the business. State Street Corp lifted its stake in shares of Johnson Controls International by 1.1% in the third quarter. State Street Corp now owns 27,939,766 shares of the company’s stock valued at $2,178,595,000 after buying an additional 300,712 shares in the last quarter. Fisher Asset Management LLC lifted its position in Johnson Controls International by 3.4% in the 3rd quarter. Fisher Asset Management LLC now owns 15,295,506 shares of the company’s stock valued at $1,187,084,000 after acquiring an additional 509,293 shares in the last quarter. Capital World Investors boosted its stake in Johnson Controls International by 85.5% during the 1st quarter. Capital World Investors now owns 14,142,736 shares of the company’s stock valued at $923,804,000 after purchasing an additional 6,520,580 shares during the last quarter. Geode Capital Management LLC increased its holdings in Johnson Controls International by 0.5% during the 3rd quarter. Geode Capital Management LLC now owns 13,475,260 shares of the company’s stock worth $1,041,822,000 after purchasing an additional 71,493 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of Johnson Controls International by 8.9% in the second quarter. Dimensional Fund Advisors LP now owns 5,855,075 shares of the company’s stock worth $389,214,000 after purchasing an additional 479,548 shares during the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Analyst Upgrades and Downgrades

JCI has been the topic of several recent research reports. UBS Group started coverage on Johnson Controls International in a report on Wednesday, November 13th. They set a “neutral” rating and a $90.00 target price on the stock. Robert W. Baird lifted their price objective on Johnson Controls International from $80.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Wells Fargo & Company upped their target price on Johnson Controls International from $84.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Barclays boosted their price target on shares of Johnson Controls International from $62.00 to $64.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 2nd. Finally, Oppenheimer increased their price objective on shares of Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. Twelve investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, Johnson Controls International presently has a consensus rating of “Hold” and a consensus price target of $77.21.

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.