Insider Sale: Johnson Controls International plc (NYSE: JCI) VP sells 25,076 shares
Johnson Controls International plc (NYSE: JCI) vice president Jeffrey M. Williams sold 25,076 shares in a trade on Friday, December 10. The shares were sold for an average price of $ 78.96, for a total value of $ 1,980,000.96. The transaction was disclosed in a legal file with the SEC, accessible through this hyperlink.
JCI traded up $ 0.34 on Friday, reaching $ 79.32. 2,350,369 shares of the company were traded for an average volume of 4,037,037. The company’s 50-day simple moving average is $ 74.94 and its 200-day simple moving average is $ 72.10. The company has a market cap of $ 55.87 billion, a price / earnings ratio of 34.79, a P / E / G ratio of 2.91 and a beta of 1.08. Johnson Controls International plc has a one-year low of $ 44.91 and a one-year high of $ 81.15. The company has a current ratio of 1.10, a quick ratio of 0.87, and a debt ratio of 0.40.
Johnson Controls International (NYSE: JCI) last released its results on Friday, November 5. The company reported earnings per share (EPS) of $ 0.88 for the quarter, beating the consensus estimate of $ 0.87 by $ 0.01. The company posted revenue of $ 6.42 billion for the quarter, compared to a consensus estimate of $ 6.42 billion. Johnson Controls International reported a return on equity of 10.16% and a net margin of 6.92%. The company’s quarterly revenue grew 7.4% year-over-year. In the same quarter of last year, the company achieved EPS of $ 0.76. As a group, equity analysts expect Johnson Controls International plc to post EPS of 3.3 for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, January 14. Investors of record on Monday, December 20 will receive a dividend of $ 0.34 per share. This represents an annualized dividend of $ 1.36 and a return of 1.71%. The ex-dividend date is Friday December 17th. This is an increase from Johnson Controls International’s previous quarterly dividend of $ 0.27. Johnson Controls International’s dividend payout ratio (DPR) is 47.37%.
Institutional investors and hedge funds have recently changed their holdings of equities. Eagle Bay Advisors LLC increased its stake in Johnson Controls International by 18.7% in the 3rd quarter. Eagle Bay Advisors LLC now owns 941 shares of the company valued at $ 64,000 after acquiring 148 additional shares in the last quarter. Legacy Bridge LLC increased its stake in Johnson Controls International by 0.6% in the 2nd quarter. Legacy Bridge LLC now owns 27,155 shares of the company valued at $ 1,864,000 after acquiring an additional 150 shares during the last quarter. Oarsman Capital Inc. increased its stake in Johnson Controls International by 1.0% in the second quarter. Oarsman Capital Inc. now owns 18,462 shares of the company valued at $ 1,267,000 after acquiring 175 additional shares during the last quarter. TCI Wealth Advisors Inc. increased its stake in Johnson Controls International by 27.8% in the 3rd quarter. TCI Wealth Advisors Inc. now owns 822 shares of the company valued at $ 56,000 after acquiring 179 additional shares in the last quarter. Finally, Cornerstone Wealth Management LLC increased its stake in Johnson Controls International by 6.1% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 3,269 shares of the company valued at $ 223,000 after acquiring 187 additional shares in the last quarter. 88.74% of the shares are currently held by institutional investors.
Several research analysts have published reports on the company. Deutsche Bank Aktiengesellschaft raised its price target on Johnson Controls International from $ 84.00 to $ 85 and gave the stock a “conservation” rating in a research report released on Friday. Royal Bank of Canada lowered its price target on Johnson Controls International from $ 76.00 to $ 75 and established a “sector performance” rating for the stock in a research report released on Monday, November 8. Barclays raised its price target on Johnson Controls International from $ 82.00 to $ 85 and rated the stock “overweight” in a research report published on Monday, November 8. Wells Fargo & Company raised its price target on Johnson Controls International from $ 82.00 to $ 83.00 and rated the stock “overweight” in a research report published on Monday, November 8. Finally, Morgan Stanley raised its price target on Johnson Controls International from $ 85.00 to $ 87.00 and assigned the stock an “overweight” rating in a research note on Thursday, September 9. Six analysts rated the stock with a conservation rating and ten gave the company’s stock a buy rating. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $ 75.47.
About Johnson Controls International
Johnson Controls International Plc is committed to providing next generation construction products, energy solutions, integrated infrastructure and transportation systems. Its technology and service capabilities include fire, security, HVAC, power solutions and energy storage to serve various end markets including large institutions, commercial buildings, retail, industry. , small businesses and residential.
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