George Oliver Sells 224,152 Shares of Johnson Controls International plc (NYSE:JCI) Stock

Johnson Controls International plc (NYSE:JCI) CEO George Oliver sold 224,152 shares of the business’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $82.72, for a total transaction of $18,541,853.44. Following the sale, the chief executive officer now owns 1,166,992 shares of the company’s stock, valued at approximately $96,533,578.24. This represents a 16.11 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at 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 value 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 value 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 0.6 %

Shares of Johnson Controls International stock opened at $83.45 on Friday. 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 firm has a market cap of $55.26 billion, a price-to-earnings ratio of 32.85, a PEG ratio of 2.34 and a beta of 1.29. Johnson Controls International plc has a twelve month low of $51.70 and a twelve month high of $87.16. The business has a 50-day moving average price of $78.13 and a 200-day moving average price of $72.44.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th were issued 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 (DPR) is 58.27%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Cetera Investment Advisers lifted its position in Johnson Controls International by 470.9% during the first quarter. Cetera Investment Advisers now owns 157,980 shares of the company’s stock valued at $10,319,000 after purchasing an additional 130,308 shares during the last quarter. Epoch Investment Partners Inc. lifted its holdings in shares of Johnson Controls International by 0.9% in the 1st quarter. Epoch Investment Partners Inc. now owns 1,129,418 shares of the company’s stock valued at $73,774,000 after acquiring an additional 10,146 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of Johnson Controls International in the 3rd quarter valued at about $7,692,000. CIBC Asset Management Inc grew its position in Johnson Controls International by 6.8% in the third quarter. CIBC Asset Management Inc now owns 117,328 shares of the company’s stock worth $9,106,000 after acquiring an additional 7,433 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC raised its position in Johnson Controls International by 29.1% during 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 during the period. 90.05% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on JCI shares. Oppenheimer boosted their target price on shares of Johnson Controls International from $86.00 to $87.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. StockNews.com lowered Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Wednesday. Robert W. Baird lifted their target price on Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. Bank of America upped their price target on Johnson Controls International from $80.00 to $95.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. Finally, Barclays lifted their price objective on Johnson Controls International from $62.00 to $64.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 2nd. Twelve investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price 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.