George Oliver Sells 110,616 Shares of Johnson Controls International plc (NYSE:JCI) Stock

Johnson Controls International plc (NYSE:JCI) CEO George Oliver sold 110,616 shares of the stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $84.60, for a total transaction of $9,358,113.60. Following the transaction, the chief executive officer now owns 1,244,617 shares in the company, valued at approximately $105,294,598.20. This represents a 8.16 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

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

• 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 transaction 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 0.2 %

NYSE JCI opened at $83.51 on Wednesday. The company has a current ratio of 0.94, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46. The company has a fifty day simple moving average of $77.41 and a two-hundred day simple moving average of $72.08. Johnson Controls International plc has a 12-month low of $51.60 and a 12-month high of $87.16. The stock has a market cap of $55.79 billion, a P/E ratio of 32.88, a P/E/G ratio of 2.36 and a beta of 1.29.

Johnson Controls International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 18th. Investors 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 presently 58.27%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Barclays raised their target price on shares of Johnson Controls International from $62.00 to $64.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 2nd. Bank of America raised their target price on shares of Johnson Controls International from $80.00 to $95.00 and gave the company a “buy” rating in a research note on Friday, September 27th. The Goldman Sachs Group raised their target price on shares of Johnson Controls International from $73.00 to $81.00 and gave the company a “buy” rating in a research note on Friday, August 2nd. Robert W. Baird raised their target price on shares of Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Finally, Morgan Stanley assumed coverage on shares of Johnson Controls International in a research note on Friday, September 6th. They issued an “overweight” rating and a $85.00 target price for the company. Twelve investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, Johnson Controls International presently has an average rating of “Hold” and a consensus target price of $77.21.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Metis Global Partners LLC raised its holdings in shares of Johnson Controls International by 0.4% during the third quarter. Metis Global Partners LLC now owns 28,446 shares of the company’s stock worth $2,208,000 after purchasing an additional 127 shares during the last quarter. Brooklyn Investment Group raised its holdings in shares of Johnson Controls International by 3.5% during the third quarter. Brooklyn Investment Group now owns 4,309 shares of the company’s stock worth $334,000 after purchasing an additional 144 shares during the last quarter. Summit Trail Advisors LLC raised its holdings in shares of Johnson Controls International by 4.6% during the second quarter. Summit Trail Advisors LLC now owns 3,715 shares of the company’s stock worth $248,000 after purchasing an additional 163 shares during the last quarter. Miracle Mile Advisors LLC grew its position in Johnson Controls International by 1.0% during the third quarter. Miracle Mile Advisors LLC now owns 17,011 shares of the company’s stock valued at $1,320,000 after buying an additional 163 shares during the period. Finally, Berry Wealth Group LP grew its position in Johnson Controls International by 0.7% during the third quarter. Berry Wealth Group LP now owns 25,978 shares of the company’s stock valued at $2,016,000 after buying an additional 177 shares during the period. Hedge funds and other institutional investors own 90.05% of the company’s stock.

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.