Traders Buy Large Volume of Johnson Controls International Call Options (NYSE:JCI)

Johnson Controls International plc (NYSE:JCIGet Rating) was the recipient of unusually large options trading activity on Wednesday. Stock traders purchased 19,207 call options on the stock. This is an increase of approximately 1,963% compared to the average volume of 931 call options.

In related news, VP Robert M. Vanhimbergen sold 5,683 shares of Johnson Controls International stock in a transaction on Friday, February 25th. The shares were sold at an average price of $64.44, for a total transaction of $366,212.52. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.61% of the company’s stock.

Large investors have recently modified their holdings of the company. Northwest Investment Counselors LLC acquired a new stake in shares of Johnson Controls International in the 4th quarter worth approximately $25,000. Blue Bell Private Wealth Management LLC acquired a new stake in shares of Johnson Controls International in the 4th quarter worth approximately $26,000. Addison Advisors LLC acquired a new stake in shares of Johnson Controls International in the 4th quarter worth approximately $28,000. Elmwood Wealth Management Inc. acquired a new stake in shares of Johnson Controls International in the 4th quarter worth approximately $32,000. Finally, Bell Investment Advisors Inc acquired a new stake in shares of Johnson Controls International in the 3rd quarter worth approximately $30,000. 88.54% of the stock is owned by institutional investors.

Several equities research analysts have recently weighed in on the stock. Oppenheimer dropped their target price on shares of Johnson Controls International from $85.00 to $70.00 in a research report on Thursday, May 5th. Barclays dropped their target price on shares of Johnson Controls International from $80.00 to $68.00 in a research report on Thursday, May 5th. Mizuho dropped their target price on shares of Johnson Controls International from $88.00 to $68.00 in a research report on Thursday, May 5th. William Blair reissued a “market perform” rating on shares of Johnson Controls International in a research report on Thursday, May 5th. Finally, Morgan Stanley dropped their target price on shares of Johnson Controls International from $84.00 to $82.00 and set an “overweight” rating for the company in a research report on Thursday, April 7th. Four investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, Johnson Controls International currently has an average rating of “Buy” and a consensus target price of $74.73.

Johnson Controls International stock opened at $51.42 on Thursday. The company has a quick ratio of 0.78, a current ratio of 1.00 and a debt-to-equity ratio of 0.42. The firm has a 50-day moving average price of $61.35 and a two-hundred day moving average price of $69.50. The firm has a market capitalization of $35.77 billion, a price-to-earnings ratio of 29.55, a PEG ratio of 1.14 and a beta of 1.14. Johnson Controls International has a 52-week low of $49.42 and a 52-week high of $81.77.

Johnson Controls International (NYSE:JCIGet Rating) last posted its earnings results on Wednesday, May 4th. The company reported $0.63 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.63. The firm had revenue of $6.10 billion during the quarter, compared to analyst estimates of $6.16 billion. Johnson Controls International had a net margin of 5.00% and a return on equity of 11.10%. Johnson Controls International’s revenue was up 9.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.52 EPS. Research analysts expect that Johnson Controls International will post 3 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, April 14th. Stockholders of record on Monday, March 21st were paid a $0.35 dividend. This is a positive change from Johnson Controls International’s previous quarterly dividend of $0.34. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.72%. The ex-dividend date of this dividend was Friday, March 18th. Johnson Controls International’s dividend payout ratio is currently 80.46%.

Johnson Controls International Company Profile (Get Rating)

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.

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