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

Johnson Controls International plc (NYSE:JCI) CFO Marc Vandiepenbeeck sold 186 shares of the company’s stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $61.25, for a total transaction of $11,392.50. Following the completion of the transaction, the chief financial officer now owns 44,369 shares of the company’s stock, valued at approximately $2,717,601.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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

• On Monday, April 22nd, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The shares were sold at an average price of $63.70, for a total transaction of $11,848.20.
• 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 transaction 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 transaction 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 Stock Up 2.7 %

JCI stock opened at $62.38 on Friday. The stock has a market capitalization of $42.02 billion, a P/E ratio of 25.26, a PEG ratio of 1.59 and a beta of 1.23. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.73 and a current ratio of 0.87. Johnson Controls International plc has a one year low of $47.90 and a one year high of $70.43. The company has a 50 day moving average price of $63.31 and a two-hundred day moving average price of $57.22.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Wednesday, May 1st. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.03. Johnson Controls International had a net margin of 6.32% and a return on equity of 13.21%. The company had revenue of $6.70 billion during the quarter, compared to analysts’ expectations of $7.51 billion. During the same period in the previous year, the company earned $0.75 EPS. The business’s quarterly revenue was down 6.1% compared to the same quarter last year. As a group, sell-side analysts expect that Johnson Controls International plc will post 3.61 EPS for the current year.

Johnson Controls International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 19th. Stockholders of record on Monday, March 25th were paid a dividend of $0.37 per share. The ex-dividend date was Friday, March 22nd. This represents a $1.48 annualized dividend and a dividend yield of 2.37%. Johnson Controls International’s dividend payout ratio is presently 59.92%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Mizuho cut shares of Johnson Controls International from a “buy” rating to a “neutral” rating and set a $62.00 target price for the company. in a report on Friday, February 23rd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $60.00 target price (down from $65.00) on shares of Johnson Controls International in a report on Wednesday, January 31st. Barclays cut their price target on shares of Johnson Controls International from $61.00 to $59.00 and set an “equal weight” rating for the company in a report on Thursday. Argus cut shares of Johnson Controls International from a “buy” rating to a “hold” rating in a report on Tuesday, February 20th. Finally, HSBC cut shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $60.00 price target for the company. in a report on Wednesday, January 31st. One analyst has rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $64.25.

Institutional Trading of Johnson Controls International

Several institutional investors have recently made changes to their positions in the stock. SPC Financial Inc. purchased a new stake in shares of Johnson Controls International during the 1st quarter valued at $428,000. Geneos Wealth Management Inc. lifted its holdings in shares of Johnson Controls International by 4,672.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 84,848 shares of the company’s stock valued at $5,542,000 after acquiring an additional 83,070 shares in the last quarter. DAVENPORT & Co LLC lifted its holdings in shares of Johnson Controls International by 4,782.9% during the 1st quarter. DAVENPORT & Co LLC now owns 1,254,613 shares of the company’s stock valued at $81,798,000 after acquiring an additional 1,228,919 shares in the last quarter. Rehmann Capital Advisory Group lifted its holdings in shares of Johnson Controls International by 5.7% during the 1st quarter. Rehmann Capital Advisory Group now owns 4,904 shares of the company’s stock valued at $320,000 after acquiring an additional 263 shares in the last quarter. Finally, Comprehensive Financial Consultants Institutional Inc. lifted its holdings in shares of Johnson Controls International by 6.9% during the 1st quarter. Comprehensive Financial Consultants Institutional Inc. now owns 52,256 shares of the company’s stock valued at $3,413,000 after acquiring an additional 3,362 shares in the last quarter. 90.05% of the stock is owned by hedge funds and other institutional investors.

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.