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 stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $61.25, for a total value of $11,392.50. Following the completion of the transaction, the chief financial officer now directly owns 44,369 shares in the company, valued at approximately $2,717,601.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 stock was sold at an average price of $63.70, for a total value of $11,848.20.
• On Wednesday, April 3rd, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The stock was sold at an average price of $65.50, for a total value of $12,183.00.
• On Wednesday, March 20th, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The stock was sold at an average price of $63.87, for a total value of $11,879.82.
• On Monday, March 4th, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The stock was sold at an average price of $60.24, for a total value of $11,204.64.

Johnson Controls International Stock Performance

NYSE JCI opened at $62.38 on Friday. The stock has a 50-day simple moving average of $63.31 and a two-hundred day simple moving average of $57.22. The firm 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. Johnson Controls International plc has a fifty-two week low of $47.90 and a fifty-two week high of $70.43. 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 (NYSE:JCI) last released its quarterly earnings data on Wednesday, May 1st. The company reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.03. Johnson Controls International had a return on equity of 13.21% and a net margin of 6.32%. The business had revenue of $6.70 billion during the quarter, compared to analyst estimates of $7.51 billion. During the same quarter last year, the business posted $0.75 EPS. The company’s revenue was down 6.1% on a year-over-year basis. On average, equities analysts forecast that Johnson Controls International plc will post 3.61 earnings per share for the current year.

Johnson Controls International Dividend Announcement

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

Institutional Investors Weigh In On Johnson Controls International

A number of institutional investors have recently modified their holdings of JCI. Commonwealth Equity Services LLC grew its position in shares of Johnson Controls International by 7.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 87,502 shares of the company’s stock valued at $4,656,000 after acquiring an additional 5,698 shares during the period. Cambridge Investment Research Advisors Inc. grew its position in shares of Johnson Controls International by 103.5% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 62,577 shares of the company’s stock valued at $3,330,000 after acquiring an additional 31,826 shares during the period. Kingswood Wealth Advisors LLC acquired a new stake in shares of Johnson Controls International during the 3rd quarter valued at about $249,000. Dakota Wealth Management grew its position in shares of Johnson Controls International by 13.4% during the 3rd quarter. Dakota Wealth Management now owns 9,029 shares of the company’s stock valued at $480,000 after acquiring an additional 1,068 shares during the period. Finally, FinTrust Capital Advisors LLC grew its position in shares of Johnson Controls International by 358.6% during the 3rd quarter. FinTrust Capital Advisors LLC now owns 853 shares of the company’s stock valued at $45,000 after acquiring an additional 667 shares during the period. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently issued reports on JCI shares. Oppenheimer dropped their price objective on Johnson Controls International from $71.00 to $70.00 and set an “outperform” rating on the stock in a research note on Thursday. Argus cut Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Tuesday, February 20th. Royal Bank of Canada dropped their target price on Johnson Controls International from $50.00 to $48.00 and set an “underperform” rating on the stock in a research report on Wednesday, January 31st. Melius Research reaffirmed a “hold” rating on shares of Johnson Controls International in a research report on Tuesday, January 30th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $60.00 target price (down previously from $65.00) on shares of Johnson Controls International in a research note on Wednesday, January 31st. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $64.25.

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.