Johnson Controls International PLC (JCI) VP Jeffrey M. Williams Sells 1,955 Shares of Stock

Johnson Controls International PLC (NYSE:JCI) VP Jeffrey M. Williams sold 1,955 shares of Johnson Controls International PLC stock in a transaction on Wednesday, October 11th. The shares were sold at an average price of $41.43, for a total transaction of $80,995.65. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Johnson Controls International PLC (NYSE:JCI) last released its quarterly earnings data on Thursday, July 27th. The auto parts company reported $0.71 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.71. Johnson Controls International PLC had a positive return on equity of 11.74% and a negative net margin of 0.43%. The business had revenue of $7.67 billion during the quarter, compared to analyst estimates of $7.72 billion. During the same quarter in the previous year, the firm posted $1.07 EPS. The business’s revenue for the quarter was up 48.8% compared to the same quarter last year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Monday, September 25th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, September 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 2.42%. Johnson Controls International PLC’s dividend payout ratio is currently -196.08%.

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Large investors have recently added to or reduced their stakes in the stock. FNY Managed Accounts LLC acquired a new position in Johnson Controls International PLC during the 1st quarter valued at approximately $100,000. Bessemer Group Inc. boosted its position in Johnson Controls International PLC by 5.5% during the 2nd quarter. Bessemer Group Inc. now owns 2,550 shares of the auto parts company’s stock worth $110,000 after acquiring an additional 133 shares during the period. Harfst & Associates Inc. boosted its position in Johnson Controls International PLC by 16.9% during the 2nd quarter. Harfst & Associates Inc. now owns 2,691 shares of the auto parts company’s stock worth $116,000 after acquiring an additional 389 shares during the period. Perigon Wealth Management LLC boosted its position in Johnson Controls International PLC by 171.7% during the 2nd quarter. Perigon Wealth Management LLC now owns 2,663 shares of the auto parts company’s stock worth $116,000 after acquiring an additional 1,683 shares during the period. Finally, Grove Bank & Trust boosted its position in Johnson Controls International PLC by 57.7% during the 2nd quarter. Grove Bank & Trust now owns 2,693 shares of the auto parts company’s stock worth $117,000 after acquiring an additional 985 shares during the period. Institutional investors and hedge funds own 86.09% of the company’s stock.

JCI has been the topic of a number of research analyst reports. Wolfe Research initiated coverage on shares of Johnson Controls International PLC in a research note on Tuesday, July 11th. They issued a “market perform” rating on the stock. Morgan Stanley dropped their price target on shares of Johnson Controls International PLC from $51.00 to $46.00 and set an “overweight” rating on the stock in a research note on Monday, August 7th. BidaskClub cut shares of Johnson Controls International PLC from a “sell” rating to a “strong sell” rating in a research note on Friday, August 18th. Zacks Investment Research raised shares of Johnson Controls International PLC from a “sell” rating to a “hold” rating in a research note on Monday, September 11th. Finally, JMP Securities initiated coverage on shares of Johnson Controls International PLC in a research note on Monday, June 19th. They issued an “outperform” rating and a $54.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and eleven have issued a buy rating to the stock. Johnson Controls International PLC presently has an average rating of “Hold” and a consensus price target of $48.71.

About Johnson Controls International PLC

Johnson Controls, Inc is a technology company. The Company provides products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles, and seating and interior systems for automobiles. The Company operates in two segments: Building Efficiency and Power Solutions.

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