Johnson Controls International plc (NYSE:JCI - Get Free Report) COO Nathan D. Manning sold 3,000 shares of the business's stock in a transaction on Monday, May 6th. The shares were sold at an average price of $62.86, for a total transaction of $188,580.00. Following the sale, the chief operating officer now directly owns 106,891 shares in the company, valued at $6,719,168.26. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Johnson Controls International Stock Up 1.7 %
JCI stock opened at $64.46 on Wednesday. The company has a current ratio of 0.87, a quick ratio of 0.65 and a debt-to-equity ratio of 0.44. The firm has a market cap of $43.43 billion, a PE ratio of 26.10, a PEG ratio of 1.59 and a beta of 1.23. Johnson Controls International plc has a 1 year low of $47.90 and a 1 year high of $70.43. The company has a fifty day simple moving average of $63.51 and a 200 day simple moving average of $57.51.
Johnson Controls International (NYSE:JCI - Get Free Report) last released its quarterly earnings results on Wednesday, May 1st. The company reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $7.51 billion. During the same quarter in the prior year, the company posted $0.75 EPS. The firm's revenue was down 6.1% on a year-over-year basis. Sell-side analysts anticipate that Johnson Controls International plc will post 3.61 EPS for the current fiscal year.
Johnson Controls International Dividend Announcement
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The company also recently declared a quarterly dividend, which was paid on Friday, April 19th. Stockholders of record on Monday, March 25th were given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.30%. The ex-dividend date of this dividend was Friday, March 22nd. Johnson Controls International's dividend payout ratio is 59.92%.
Analyst Upgrades and Downgrades
Several research analysts recently weighed in on JCI shares. Mizuho lowered Johnson Controls International from a "buy" rating to a "neutral" rating and set a $62.00 price target on the stock. in a research report on Friday, February 23rd. Oppenheimer dropped their target price on Johnson Controls International from $71.00 to $70.00 and set an "outperform" rating on the stock in a report on Thursday, May 2nd. Royal Bank of Canada decreased their price target on shares of Johnson Controls International from $50.00 to $48.00 and set an "underperform" rating for the company in a report on Wednesday, January 31st. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $60.00 price objective (down from $65.00) on shares of Johnson Controls International in a research report on Wednesday, January 31st. Finally, StockNews.com downgraded shares of Johnson Controls International from a "buy" rating to a "hold" rating in a research report on Thursday, January 25th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Johnson Controls International currently has a consensus rating of "Hold" and a consensus target price of $63.75.
View Our Latest Report on JCI
Institutional Trading of Johnson Controls International
Institutional investors and hedge funds have recently modified their holdings of the company. QRG Capital Management Inc. grew its stake in Johnson Controls International by 4.7% in the 1st quarter. QRG Capital Management Inc. now owns 150,463 shares of the company's stock valued at $9,828,000 after buying an additional 6,751 shares during the last quarter. Sei Investments Co. grew its position in shares of Johnson Controls International by 11.3% in the first quarter. Sei Investments Co. now owns 683,742 shares of the company's stock valued at $44,661,000 after purchasing an additional 69,405 shares during the last quarter. Stonebrook Private Inc. increased its stake in shares of Johnson Controls International by 7.2% in the first quarter. Stonebrook Private Inc. now owns 24,505 shares of the company's stock worth $1,601,000 after purchasing an additional 1,653 shares during the period. Atomi Financial Group Inc. acquired a new position in shares of Johnson Controls International during the 1st quarter worth about $244,000. Finally, Smithfield Trust Co boosted its stake in Johnson Controls International by 47.1% during the 1st quarter. Smithfield Trust Co now owns 9,714 shares of the company's stock valued at $636,000 after purchasing an additional 3,112 shares during the period. 90.05% of the stock is currently owned by institutional investors and hedge funds.
Johnson Controls International Company Profile
(
Get Free Report)
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.
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