1 day Ago By ABMN Staff
Johnson Controls International plc ( NYSE:JCI – Get Free Report ) was the target of unusually large options trading on Wednesday. Investors acquired 19,207 call options on the company. This represents an increase of 1,963% compared to the typical daily volume of 931 call options.
Wall Street Analyst Weigh In Several equities analysts have recently commented on the company. Morgan Stanley assumed coverage on Johnson Controls International in a research report on Friday, September 6th. They set an “overweight” rating and a $85.
00 price objective on the stock. StockNews.com upgraded Johnson Controls International from a “hold” rating to a “buy” rating in a report on Friday, August 2nd.
Oppenheimer increased their target price on Johnson Controls International from $70.00 to $76.00 and gave the company an “outperform” rating in a report on Thursday, June 27th.
Bank of America upgraded Johnson Controls International from a “neutral” rating to a “buy” rating and increased their target price for the company from $76.00 to $80.00 in a report on Tuesday, September 10th.
Finally, Wells Fargo & Company increased their target price on Johnson Controls International from $75.00 to $80.00 and gave the company an “overweight” rating in a report on Thursday, August 1st.
Eleven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, Johnson Controls International currently has an average rating of “Hold” and an average target price of $70.
21. Get Our Latest Stock Report on JCI Johnson Controls International Stock Down 0.1 % Johnson Controls International ( NYSE:JCI – Get Free Report ) last announced its earnings results on Wednesday, July 31st.
The company reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.
06. Johnson Controls International had a return on equity of 13.64% and a net margin of 6.
02%. The firm had revenue of $7.23 billion during the quarter, compared to analyst estimates of $7.
53 billion. During the same quarter in the prior year, the company earned $1.03 EPS.
The business’s revenue was up 1.4% compared to the same quarter last year. As a group, equities research analysts anticipate that Johnson Controls International will post 3.
67 EPS for the current fiscal year. Johnson Controls International Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th will be given a $0.
37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 2.
03%. The ex-dividend date is Wednesday, September 25th. Johnson Controls International’s dividend payout ratio is currently 59.
92%. Insiders Place Their Bets In other Johnson Controls International news, COO Nathan D. Manning sold 1,167 shares of the company’s stock in a transaction dated Monday, July 1st.
The stock was sold at an average price of $66.01, for a total value of $77,033.67.
Following the transaction, the chief operating officer now directly owns 104,556 shares in the company, valued at approximately $6,901,741.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink .
In other news, CEO George Oliver sold 110,615 shares of the stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $72.67, for a total transaction of $8,038,392.
05. Following the transaction, the chief executive officer now directly owns 1,243,751 shares in the company, valued at approximately $90,383,385.17.
The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website . Also, COO Nathan D. Manning sold 1,167 shares of the stock in a transaction dated Monday, July 1st.
The shares were sold at an average price of $66.01, for a total value of $77,033.67.
Following the transaction, the chief operating officer now owns 104,556 shares in the company, valued at $6,901,741.56. The disclosure for this sale can be found here .
Insiders have sold 114,860 shares of company stock worth $8,333,834 in the last ninety days. 0.69% of the stock is currently owned by insiders.
Institutional Inflows and Outflows Institutional investors have recently made changes to their positions in the company. Heritage Wealth Management Inc. bought a new position in Johnson Controls International during the 2nd quarter valued at approximately $710,000.
Sanctuary Advisors LLC bought a new position in Johnson Controls International during the 2nd quarter valued at approximately $6,754,000. New Century Financial Group LLC bought a new position in Johnson Controls International during the 2nd quarter valued at approximately $229,000. Cetera Investment Advisers increased its position in Johnson Controls International by 11.
5% during the 2nd quarter. Cetera Investment Advisers now owns 176,069 shares of the company’s stock valued at $11,703,000 after buying an additional 18,089 shares in the last quarter. Finally, SPC Financial Inc.
increased its position in Johnson Controls International by 19.7% during the 2nd quarter. SPC Financial Inc.
now owns 7,838 shares of the company’s stock valued at $521,000 after buying an additional 1,289 shares in the last quarter. Institutional investors own 90.05% of the company’s stock.
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. Read More Receive News & Ratings for Johnson Controls International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Controls International and related companies with MarketBeat.
com's FREE daily email newsletter ..
