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

Johnson Controls International plc (NYSE:JCI) CFO Marc Vandiepenbeeck sold 186 shares of the firm’s stock in a transaction on Friday, September 20th. The stock was sold at an average price of $73.81, for a total value of $13,728.66. Following the transaction, the chief financial officer now owns 83,702 shares in the company, valued at approximately $6,178,044.62. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

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

• On Tuesday, September 3rd, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The stock was sold at an average price of $72.75, for a total transaction of $13,531.50.
• On Monday, August 5th, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The stock was sold at an average price of $65.60, for a total transaction of $12,201.60.
• On Monday, July 22nd, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The shares were sold at an average price of $69.64, for a total transaction of $12,953.04.
• On Wednesday, July 3rd, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The stock was sold at an average price of $66.15, for a total value of $12,303.90.

Johnson Controls International Price Performance

Shares of JCI traded down $0.11 during trading hours on Friday, reaching $74.12. 1,268,412 shares of the company’s stock traded hands, compared to its average volume of 5,162,156. The company has a current ratio of 0.96, a quick ratio of 0.73 and a debt-to-equity ratio of 0.46. The firm’s 50 day simple moving average is $69.87 and its 200-day simple moving average is $67.64. The stock has a market cap of $49.51 billion, a PE ratio of 29.82, a price-to-earnings-growth ratio of 1.91 and a beta of 1.29. Johnson Controls International plc has a 12 month low of $47.90 and a 12 month high of $75.36.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results on Wednesday, July 31st. The company reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.06. The firm had revenue of $7.23 billion during the quarter, compared to analyst estimates of $7.53 billion. Johnson Controls International had a return on equity of 13.64% and a net margin of 6.02%. The company’s revenue was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.03 earnings per share. Equities analysts expect that Johnson Controls International plc will post 3.67 EPS for the current year.

Johnson Controls International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 18th. Shareholders of record on Wednesday, September 25th will be paid a $0.37 dividend. The ex-dividend date is Wednesday, September 25th. This represents a $1.48 dividend on an annualized basis and a yield of 2.00%. Johnson Controls International’s dividend payout ratio (DPR) is currently 59.92%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Rise Advisors LLC purchased a new position in shares of Johnson Controls International during the first quarter valued at approximately $25,000. Continuum Advisory LLC grew its position in shares of Johnson Controls International by 65.2% in the 2nd quarter. Continuum Advisory LLC now owns 527 shares of the company’s stock worth $35,000 after buying an additional 208 shares during the period. Friedenthal Financial bought a new position in shares of Johnson Controls International in the 2nd quarter worth about $47,000. Hexagon Capital Partners LLC lifted its position in Johnson Controls International by 39.7% during the 2nd quarter. Hexagon Capital Partners LLC now owns 711 shares of the company’s stock valued at $47,000 after acquiring an additional 202 shares during the period. Finally, Family Firm Inc. purchased a new stake in Johnson Controls International in the second quarter worth about $48,000. Institutional investors own 90.05% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. The Goldman Sachs Group lifted their price target on shares of Johnson Controls International from $73.00 to $81.00 and gave the company a “buy” rating in a report on Friday, August 2nd. Morgan Stanley began coverage on shares of Johnson Controls International in a report on Friday, September 6th. They set an “overweight” rating and a $85.00 price target for the company. Royal Bank of Canada raised Johnson Controls International from an “underperform” rating to a “sector perform” rating and raised their price objective for the company from $61.00 to $69.00 in a report on Wednesday, August 14th. Barclays dropped their target price on Johnson Controls International from $62.00 to $61.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 10th. Finally, Bank of America raised Johnson Controls International from a “neutral” rating to a “buy” rating and upped their price objective for the company from $76.00 to $80.00 in a research note on Tuesday, September 10th. Eleven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, Johnson Controls International presently has a consensus rating of “Hold” and an average target price of $70.21.

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.