Johnson Controls International (NYSE:JCI) VP Lei Zhang Schlitz Sells 23,417 Shares

Johnson Controls International plc (NYSE:JCI) VP Lei Zhang Schlitz sold 23,417 shares of the firm’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $153.07, for a total transaction of $3,584,440.19. Following the transaction, the vice president directly owned 15,017 shares of the company’s stock, valued at $2,298,652.19. The trade was a 60.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Lei Zhang Schlitz also recently made the following trade(s):

• On Friday, May 8th, Lei Zhang Schlitz sold 88,809 shares of Johnson Controls International stock. The stock was sold at an average price of $140.99, for a total transaction of $12,521,180.91.

Johnson Controls International Stock Performance

NYSE JCI opened at $153.83 on Thursday. The company has a market capitalization of $93.18 billion, a price-to-earnings ratio of 26.75, a PEG ratio of 1.48 and a beta of 1.31. The company has a quick ratio of 0.83, a current ratio of 1.00 and a debt-to-equity ratio of 0.61. Johnson Controls International plc has a twelve month low of $103.07 and a twelve month high of $157.06. The stock has a fifty day simple moving average of $143.20 and a 200 day simple moving average of $138.04.

Johnson Controls International (NYSE:JCI) last announced its earnings results on Thursday, July 30th. The company reported $1.42 EPS for the quarter, topping the consensus estimate of $1.30 by $0.12. The firm had revenue of $6.61 billion for the quarter, compared to the consensus estimate of $6.46 billion. Johnson Controls International had a return on equity of 22.11% and a net margin of 14.32%.The business’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.05 EPS. Sell-side analysts expect that Johnson Controls International plc will post 5.08 EPS for the current year.

Johnson Controls International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Monday, June 15th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Monday, June 15th. Johnson Controls International’s payout ratio is currently 27.83%.

Institutional Investors Weigh In On Johnson Controls International

A number of hedge funds have recently added to or reduced their stakes in JCI. Maseco LLP lifted its stake in Johnson Controls International by 102.9% in the fourth quarter. Maseco LLP now owns 211 shares of the company’s stock valued at $25,000 after buying an additional 107 shares during the period. Mcguire Capital Advisors Inc. acquired a new stake in shares of Johnson Controls International during the 4th quarter worth approximately $27,000. Twin Tree Management LP grew its position in shares of Johnson Controls International by 140.9% during the 4th quarter. Twin Tree Management LP now owns 260 shares of the company’s stock worth $31,000 after buying an additional 895 shares during the period. Fourth Dimension Wealth LLC increased its stake in shares of Johnson Controls International by 51.3% in the 2nd quarter. Fourth Dimension Wealth LLC now owns 230 shares of the company’s stock valued at $34,000 after acquiring an additional 78 shares in the last quarter. Finally, Flagship Harbor Advisors LLC bought a new stake in shares of Johnson Controls International in the 4th quarter valued at $38,000. 90.05% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on JCI. Royal Bank Of Canada raised their price target on shares of Johnson Controls International from $154.00 to $161.00 and gave the stock a “sector perform” rating in a report on Thursday, July 30th. Wall Street Zen lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Evercore initiated coverage on shares of Johnson Controls International in a research report on Monday, April 13th. They set a “hold” rating and a $155.00 price objective for the company. BNP Paribas Exane initiated coverage on shares of Johnson Controls International in a research note on Tuesday, April 14th. They set an “underperform” rating and a $120.00 target price for the company. Finally, JPMorgan Chase & Co. boosted their target price on shares of Johnson Controls International from $158.00 to $162.00 in a report on Thursday, May 7th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $153.30.

Johnson Controls International Company Profile

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.