Johnson Controls International plc (NYSE:JCI – Get Free Report) VP Todd Grabowski sold 1,800 shares of the stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $146.20, for a total transaction of $263,160.00. Following the sale, the vice president directly owned 26,215 shares in the company, valued at $3,832,633. This trade represents a 6.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Johnson Controls International Trading Up 2.5%
JCI stock traded up $3.57 during midday trading on Tuesday, reaching $147.62. The company’s stock had a trading volume of 5,464,796 shares, compared to its average volume of 4,476,624. The stock has a market cap of $90.07 billion, a PE ratio of 26.41, a price-to-earnings-growth ratio of 1.55 and a beta of 1.33. Johnson Controls International plc has a 52 week low of $100.86 and a 52 week high of $148.70. The business’s 50-day simple moving average is $139.36 and its 200-day simple moving average is $129.99. The company has a quick ratio of 0.85, a current ratio of 1.04 and a debt-to-equity ratio of 0.64.
Johnson Controls International (NYSE:JCI – Get Free Report) last announced its quarterly earnings results on Tuesday, March 31st. The company reported $1.19 earnings per share for the quarter. Johnson Controls International had a net margin of 14.45% and a return on equity of 19.50%. The business had revenue of $6.14 billion for the quarter. As a group, sell-side analysts expect that Johnson Controls International plc will post 4.86 EPS for the current year.
Johnson Controls International Announces Dividend
Wall Street Analyst Weigh In
A number of analysts recently commented on JCI shares. Robert W. Baird upped their price objective on shares of Johnson Controls International from $132.00 to $148.00 and gave the company a “neutral” rating in a research report on Monday, April 27th. Evercore initiated coverage on Johnson Controls International in a research note on Monday, April 13th. They issued a “hold” rating and a $155.00 target price for the company. Rothschild & Co Redburn raised their price target on Johnson Controls International from $137.00 to $150.00 and gave the stock a “buy” rating in a research report on Monday, February 9th. The Goldman Sachs Group lifted their price objective on Johnson Controls International from $169.00 to $178.00 and gave the company a “buy” rating in a report on Tuesday, June 2nd. Finally, Wells Fargo & Company lifted their price objective on Johnson Controls International from $145.00 to $160.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Twelve equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Johnson Controls International has a consensus rating of “Hold” and a consensus price target of $152.85.
View Our Latest Research Report on JCI
Institutional Investors Weigh In On Johnson Controls International
A number of hedge funds and other institutional investors have recently made changes to their positions in JCI. Regents Gate Capital LLP increased its holdings in Johnson Controls International by 17.4% during the third quarter. Regents Gate Capital LLP now owns 86,144 shares of the company’s stock worth $9,472,000 after buying an additional 12,774 shares during the last quarter. Bright Futures Wealth Management LLC. acquired a new stake in Johnson Controls International in the third quarter valued at $583,000. Elo Mutual Pension Insurance Co grew its position in shares of Johnson Controls International by 23.7% in the 3rd quarter. Elo Mutual Pension Insurance Co now owns 75,021 shares of the company’s stock valued at $8,249,000 after acquiring an additional 14,354 shares during the period. Nordea Investment Management AB increased its stake in shares of Johnson Controls International by 6.7% during the 4th quarter. Nordea Investment Management AB now owns 2,276,753 shares of the company’s stock worth $274,235,000 after purchasing an additional 142,429 shares during the last quarter. Finally, Kepler Cheuvreux Suisse SA acquired a new position in shares of Johnson Controls International during the 3rd quarter worth about $2,345,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.
About Johnson Controls International
Johnson Controls International plc is a global diversified technology and multi‑industrial company that develops products, services and solutions for buildings and energy storage. The company’s core focus is on improving building efficiency, safety and sustainability through a combination of HVAC equipment, building controls and automation, fire and security systems, and related services. Johnson Controls traces its roots to 1885, when inventor Warren S. Johnson developed an electric room thermostat; over its long history the company has expanded from controls into a broad set of building‑related technologies and, through corporate transactions, into a global provider of integrated building solutions.
Johnson Controls’ product and service portfolio includes heating, ventilation and air‑conditioning equipment, chillers, air handlers and related mechanical systems, together with building automation and control platforms that monitor and manage energy use, indoor environmental quality and security.
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