George Oliver Sells 103,332 Shares of Johnson Controls International plc (NYSE:JCI) Stock

Johnson Controls International plc (NYSE:JCI) CEO George Oliver sold 103,332 shares of the business’s stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $52.30, for a total transaction of $5,404,263.60. Following the completion of the sale, the chief executive officer now directly owns 980,403 shares in the company, valued at approximately $51,275,076.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Monday, October 16th, George Oliver sold 103,332 shares of Johnson Controls International stock. The stock was sold at an average price of $52.37, for a total transaction of $5,411,496.84.
• On Wednesday, August 23rd, George Oliver sold 103,332 shares of Johnson Controls International stock. The stock was sold at an average price of $59.23, for a total transaction of $6,120,354.36.

Johnson Controls International Trading Up 0.6 %

JCI stock opened at $52.24 on Friday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.80 and a current ratio of 1.08. The company’s 50-day simple moving average is $52.40 and its 200 day simple moving average is $59.56. Johnson Controls International plc has a 52 week low of $47.90 and a 52 week high of $70.43. The company has a market capitalization of $35.54 billion, a PE ratio of 17.47, a price-to-earnings-growth ratio of 0.97 and a beta of 1.27.

Johnson Controls International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 20th. Investors of record on Monday, September 25th were paid a $0.37 dividend. The ex-dividend date was Friday, September 22nd. This represents a $1.48 annualized dividend and a dividend yield of 2.83%. Johnson Controls International’s dividend payout ratio (DPR) is presently 49.50%.

Institutional Investors Weigh In On Johnson Controls International

A number of large investors have recently bought and sold shares of JCI. Norges Bank acquired a new stake in shares of Johnson Controls International in the 4th quarter valued at approximately $419,897,000. Fisher Asset Management LLC boosted its stake in shares of Johnson Controls International by 107.3% in the 1st quarter. Fisher Asset Management LLC now owns 11,334,597 shares of the company’s stock valued at $682,569,000 after purchasing an additional 5,865,996 shares in the last quarter. Cullen Capital Management LLC acquired a new stake in shares of Johnson Controls International in the 1st quarter valued at approximately $204,537,000. Morgan Stanley boosted its stake in shares of Johnson Controls International by 40.7% in the 4th quarter. Morgan Stanley now owns 9,990,590 shares of the company’s stock valued at $639,398,000 after purchasing an additional 2,890,395 shares in the last quarter. Finally, Raymond James & Associates boosted its stake in shares of Johnson Controls International by 405.1% in the 2nd quarter. Raymond James & Associates now owns 3,232,338 shares of the company’s stock valued at $220,251,000 after purchasing an additional 2,592,448 shares in the last quarter. 88.64% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have issued reports on the stock. The Goldman Sachs Group lowered shares of Johnson Controls International from a “conviction-buy” rating to a “buy” rating in a research report on Monday, October 2nd. UBS Group dropped their price target on shares of Johnson Controls International from $80.00 to $74.00 and set a “buy” rating on the stock in a research report on Tuesday, October 10th. HSBC raised shares of Johnson Controls International from a “hold” rating to a “buy” rating and upped their price target for the stock from $58.00 to $69.00 in a research report on Wednesday, September 27th. Wells Fargo & Company dropped their price target on shares of Johnson Controls International from $67.00 to $62.00 in a research report on Monday, October 9th. Finally, StockNews.com initiated coverage on shares of Johnson Controls International in a research report on Thursday, October 5th. They set a “buy” rating on the stock. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, Johnson Controls International currently has an average rating of “Moderate Buy” and an average target price of $68.08.

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.