Johnson Controls International PLC (NYSE:JCI) VP Jeffrey M. Williams sold 1,870 shares of the company’s stock in a transaction that occurred on Wednesday, October 9th. The stock was sold at an average price of $41.76, for a total value of $78,091.20. Following the transaction, the vice president now directly owns 91,215 shares of the company’s stock, valued at approximately $3,809,138.40. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
NYSE JCI opened at $42.72 on Friday. The company has a market cap of $32.87 billion, a PE ratio of 15.10, a PEG ratio of 1.65 and a beta of 0.94. The company has a current ratio of 1.41, a quick ratio of 1.19 and a debt-to-equity ratio of 0.32. Johnson Controls International PLC has a 12 month low of $28.30 and a 12 month high of $44.65. The stock has a 50 day moving average of $42.92 and a 200-day moving average of $40.36.
Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Wednesday, July 31st. The company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.63 by $0.02. The company had revenue of $6.45 billion during the quarter, compared to the consensus estimate of $6.33 billion. Johnson Controls International had a return on equity of 9.02% and a net margin of 22.38%. The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.81 EPS. As a group, sell-side analysts predict that Johnson Controls International PLC will post 1.95 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, October 4th. Stockholders of record on Monday, September 16th were issued a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 2.43%. The ex-dividend date was Friday, September 13th. Johnson Controls International’s payout ratio is presently 36.75%.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in JCI. Stonebridge Capital Advisors LLC acquired a new stake in shares of Johnson Controls International in the 2nd quarter valued at approximately $30,000. Kavar Capital Partners LLC acquired a new stake in Johnson Controls International during the 2nd quarter valued at $32,000. Hudock Capital Group LLC lifted its holdings in Johnson Controls International by 2,231.4% during the 2nd quarter. Hudock Capital Group LLC now owns 816 shares of the company’s stock valued at $33,000 after purchasing an additional 781 shares during the last quarter. Trustcore Financial Services LLC lifted its holdings in Johnson Controls International by 227.3% during the 2nd quarter. Trustcore Financial Services LLC now owns 946 shares of the company’s stock valued at $39,000 after purchasing an additional 657 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd acquired a new stake in Johnson Controls International during the 2nd quarter valued at $39,000. 91.82% of the stock is owned by institutional investors.
A number of research firms have weighed in on JCI. Zacks Investment Research raised Johnson Controls International from a “hold” rating to a “buy” rating and set a $44.00 price target for the company in a research report on Monday, July 1st. JPMorgan Chase & Co. upped their price target on Johnson Controls International from $37.00 to $41.00 and gave the stock a “neutral” rating in a research report on Thursday. Finally, ValuEngine downgraded Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Six investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $39.89.
About Johnson Controls International
Johnson Controls International plc operates as a diversified technology and multi industrial company worldwide. The company operates through Building Technologies & Solutions and Power Solutions segments. The company designs, sells, installs, and services heating, ventilating, and air conditioning systems, controls systems, integrated electronic security systems, and integrated fire detection and suppression systems for commercial, industrial, retail, small business, institutional, and governmental customers; and energy efficiency solutions and technical services, including inspection, scheduled maintenance, and repair and replacement of mechanical and control systems, to non-residential building and industrial applications.
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