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 on Wednesday, July 3rd. The stock was sold at an average price of $66.15, for a total value of $12,303.90. Following the transaction, the chief financial officer now directly owns 43,625 shares in the company, valued at approximately $2,885,793.75. The transaction was disclosed in a filing with the SEC, which is available at this link.

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

• On Friday, May 3rd, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The stock was sold at an average price of $61.25, for a total transaction of $11,392.50.
• On Monday, April 22nd, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The shares were sold at an average price of $63.70, for a total transaction of $11,848.20.

Johnson Controls International Stock Performance

JCI opened at $66.86 on Friday. The company has a market cap of $45.04 billion, a P/E ratio of 27.07, a price-to-earnings-growth ratio of 1.74 and a beta of 1.28. The company has a quick ratio of 0.65, a current ratio of 0.87 and a debt-to-equity ratio of 0.44. The firm’s 50-day moving average price is $68.38 and its 200-day moving average price is $62.51. Johnson Controls International plc has a 52-week low of $47.90 and a 52-week high of $74.23.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results on Wednesday, May 1st. The company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.03. Johnson Controls International had a net margin of 6.32% and a return on equity of 13.21%. The business had revenue of $6.70 billion for the quarter, compared to analyst estimates of $7.51 billion. During the same quarter in the prior year, the business posted $0.75 EPS. Johnson Controls International’s revenue for the quarter was down 6.1% compared to the same quarter last year. As a group, equities analysts anticipate that Johnson Controls International plc will post 3.59 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 19th. Shareholders of record on Monday, June 24th will be given a dividend of $0.37 per share. The ex-dividend date is Monday, June 24th. This represents a $1.48 dividend on an annualized basis and a yield of 2.21%. Johnson Controls International’s dividend payout ratio is currently 59.92%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on JCI shares. Oppenheimer upped their price target on shares of Johnson Controls International from $70.00 to $76.00 and gave the stock an “outperform” rating in a research report on Thursday, June 27th. UBS Group lowered Johnson Controls International from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $74.00 to $68.00 in a report on Monday, May 6th. Barclays lifted their price target on Johnson Controls International from $59.00 to $62.00 and gave the company an “equal weight” rating in a report on Friday, June 21st. Wells Fargo & Company upped their price objective on Johnson Controls International from $64.00 to $73.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 2nd. Finally, Citigroup raised their price objective on Johnson Controls International from $59.00 to $68.00 and gave the company a “neutral” rating in a research report on Monday, April 8th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $63.82.

Institutional Trading of Johnson Controls International

Large investors have recently added to or reduced their stakes in the company. Rise Advisors LLC acquired a new stake in shares of Johnson Controls International during the first quarter worth about $25,000. Turtle Creek Wealth Advisors LLC purchased a new position in Johnson Controls International during the 4th quarter worth approximately $25,000. EdgeRock Capital LLC acquired a new stake in Johnson Controls International during the 4th quarter valued at approximately $27,000. Hexagon Capital Partners LLC boosted its holdings in shares of Johnson Controls International by 114.0% in the 4th quarter. Hexagon Capital Partners LLC now owns 503 shares of the company’s stock valued at $29,000 after acquiring an additional 268 shares during the last quarter. Finally, Headinvest LLC acquired a new stake in shares of Johnson Controls International in the third quarter worth $30,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.

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.