Johnson Controls International plc (NYSE:JCI) CFO Marc Vandiepenbeeck Sells 186 Shares of Stock

Johnson Controls International plc (NYSE:JCI) CFO Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock in a transaction on Monday, April 22nd. The shares were sold at an average price of $63.70, for a total value of $11,848.20. Following the sale, the chief financial officer now directly owns 44,315 shares of the company’s stock, valued at approximately $2,822,865.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Marc Vandiepenbeeck also recently made the following trade(s):

• On Wednesday, April 3rd, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The shares were sold at an average price of $65.50, for a total value of $12,183.00.
• On Wednesday, March 20th, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The shares were sold at an average price of $63.87, for a total value of $11,879.82.
• On Monday, March 4th, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The shares were sold at an average price of $60.24, for a total transaction of $11,204.64.

Johnson Controls International Trading Up 1.5 %

Shares of Johnson Controls International stock opened at $64.64 on Tuesday. The company has a market cap of $44.05 billion, a price-to-earnings ratio of 21.06, a PEG ratio of 1.60 and a beta of 1.24. Johnson Controls International plc has a 1 year low of $47.90 and a 1 year high of $70.43. The company’s fifty day simple moving average is $62.13 and its 200-day simple moving average is $56.58. The company has a current ratio of 0.97, a quick ratio of 0.73 and a debt-to-equity ratio of 0.45.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Tuesday, January 30th. The company reported $0.51 EPS for the quarter, meeting analysts’ consensus estimates of $0.51. Johnson Controls International had a net margin of 7.85% and a return on equity of 13.08%. The business had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.94 billion. During the same quarter in the prior year, the business earned $0.67 earnings per share. The firm’s revenue for the quarter was up .4% on a year-over-year basis. As a group, sell-side analysts expect that Johnson Controls International plc will post 3.61 EPS for the current year.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 19th. Stockholders of record on Monday, March 25th were issued a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 2.29%. The ex-dividend date of this dividend was Friday, March 22nd. Johnson Controls International’s payout ratio is presently 48.21%.

Institutional Trading of Johnson Controls International

Institutional investors and hedge funds have recently modified their holdings of the company. Rise Advisors LLC bought a new position in shares of Johnson Controls International during the 1st quarter worth about $25,000. Turtle Creek Wealth Advisors LLC bought a new position in shares of Johnson Controls International in the fourth quarter valued at approximately $25,000. EdgeRock Capital LLC acquired a new position in shares of Johnson Controls International in the 4th quarter worth approximately $27,000. NBC Securities Inc. bought a new stake in Johnson Controls International during the 3rd quarter worth approximately $26,000. Finally, Hexagon Capital Partners LLC increased its holdings in Johnson Controls International by 114.0% during the 4th quarter. Hexagon Capital Partners LLC now owns 503 shares of the company’s stock valued at $29,000 after purchasing an additional 268 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. Mizuho lowered shares of Johnson Controls International from a “buy” rating to a “neutral” rating and set a $62.00 price target on the stock. in a research note on Friday, February 23rd. Barclays raised their target price on Johnson Controls International from $59.00 to $61.00 and gave the company an “equal weight” rating in a report on Tuesday, April 2nd. Royal Bank of Canada reduced their price target on Johnson Controls International from $50.00 to $48.00 and set an “underperform” rating for the company in a research report on Wednesday, January 31st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $60.00 price objective (down previously from $65.00) on shares of Johnson Controls International in a report on Wednesday, January 31st. Finally, Wells Fargo & Company boosted their target price on Johnson Controls International from $64.00 to $73.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, Johnson Controls International has an average rating of “Hold” and a consensus price target of $64.50.

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.