Johnson Controls International plc (NYSE:JCI) CEO Sells $866,978.56 in Stock

Johnson Controls International plc (NYSE:JCI) CEO George Oliver sold 10,304 shares of Johnson Controls International stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $84.14, for a total value of $866,978.56. Following the transaction, the chief executive officer now owns 1,166,992 shares in the company, valued at approximately $98,190,706.88. This represents a 0.88 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

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

• On Friday, November 22nd, George Oliver sold 170,430 shares of Johnson Controls International stock. The stock was sold at an average price of $83.70, for a total value of $14,264,991.00.
• On Wednesday, November 20th, George Oliver sold 224,152 shares of Johnson Controls International stock. The stock was sold at an average price of $82.72, for a total value of $18,541,853.44.
• On Friday, November 15th, George Oliver sold 110,616 shares of Johnson Controls International stock. The shares were 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 stock was 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 shares were sold at an average price of $72.67, for a total transaction of $8,038,392.05.

Johnson Controls International Trading Down 0.1 %

Johnson Controls International stock opened at $83.33 on Tuesday. The stock has a 50-day simple moving average of $78.35 and a 200 day simple moving average of $72.61. The stock has a market capitalization of $55.18 billion, a P/E ratio of 32.81, a PEG 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 52 week low of $51.70 and a 52 week high of $87.16.

Johnson Controls International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th were paid 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 1.78%. Johnson Controls International’s dividend payout ratio is currently 58.27%.

Analyst Ratings Changes

Several analysts have issued reports on JCI shares. Mizuho lifted their price target on Johnson Controls International from $62.00 to $75.00 and gave the company a “neutral” rating in a research note on Thursday, October 17th. Bank of America lifted their target price on Johnson Controls International from $80.00 to $95.00 and gave the company a “buy” rating in a research report on Friday, September 27th. Royal Bank of Canada upped their price target on Johnson Controls International from $81.00 to $86.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 7th. Barclays lifted their price objective on shares of Johnson Controls International from $62.00 to $64.00 and gave the company an “equal weight” rating in a report on Wednesday, October 2nd. Finally, StockNews.com cut shares of Johnson Controls International from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Twelve analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, Johnson Controls International currently has a consensus rating of “Hold” and a consensus price target of $77.21.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. State Street Corp boosted its position in Johnson Controls International by 1.1% during the third quarter. State Street Corp now owns 27,939,766 shares of the company’s stock worth $2,178,595,000 after purchasing an additional 300,712 shares during the period. Fisher Asset Management LLC lifted its stake in shares of Johnson Controls International by 3.4% during the 3rd quarter. Fisher Asset Management LLC now owns 15,295,506 shares of the company’s stock worth $1,187,084,000 after buying an additional 509,293 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of 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 buying an additional 71,493 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Johnson Controls International by 8.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,855,075 shares of the company’s stock worth $389,214,000 after buying an additional 479,548 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Johnson Controls International by 514.9% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company’s stock valued at $418,439,000 after buying an additional 4,514,792 shares during the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

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.