Johnson Controls International plc (NYSE:JCI – Get Free Report) declared a quarterly dividend on Wednesday, March 4th. Shareholders of record on Monday, March 16th will be paid a dividend of 0.40 per share on Friday, April 10th. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Monday, March 16th.
Johnson Controls International has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 4 consecutive years. Johnson Controls International has a dividend payout ratio of 37.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Johnson Controls International to earn $4.26 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 37.6%.
Johnson Controls International Trading Up 0.3%
Shares of NYSE JCI traded up $0.48 during midday trading on Wednesday, hitting $140.06. 3,194,891 shares of the company traded hands, compared to its average volume of 5,757,370. Johnson Controls International has a 12-month low of $68.03 and a 12-month high of $146.49. The firm has a market cap of $85.73 billion, a P/E ratio of 26.38, a P/E/G ratio of 1.64 and a beta of 1.38. The stock has a 50-day moving average price of $126.36 and a 200 day moving average price of $116.93. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.81 and a current ratio of 0.99.
Insider Transactions at Johnson Controls International
In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 3,600 shares of the company’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $142.56, for a total value of $513,216.00. Following the completion of the sale, the vice president owned 24,273 shares in the company, valued at $3,460,358.88. This represents a 12.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Todd M. Grabowski sold 6,050 shares of the firm’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $134.90, for a total value of $816,145.00. Following the completion of the transaction, the vice president directly owned 34,836 shares in the company, valued at $4,699,376.40. This trade represents a 14.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.29% of the stock is currently owned by company insiders.
Institutional Trading of Johnson Controls International
Several institutional investors have recently made changes to their positions in JCI. Maseco LLP grew its holdings in Johnson Controls International by 102.9% during the 4th quarter. Maseco LLP now owns 211 shares of the company’s stock valued at $25,000 after buying an additional 107 shares in the last quarter. Mcguire Capital Advisors Inc. bought a new position in shares of Johnson Controls International during the fourth quarter worth $27,000. Roxbury Financial LLC grew its stake in Johnson Controls International by 71.9% during the fourth quarter. Roxbury Financial LLC now owns 239 shares of the company’s stock valued at $29,000 after acquiring an additional 100 shares in the last quarter. Twin Tree Management LP increased its holdings in Johnson Controls International by 140.9% in the 4th quarter. Twin Tree Management LP now owns 260 shares of the company’s stock valued at $31,000 after acquiring an additional 895 shares during the last quarter. Finally, MTM Investment Management LLC bought a new stake in Johnson Controls International in the 2nd quarter valued at $32,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.
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.
Featured Stories
- Five stocks we like better than Johnson Controls International
- CSE: ALEN.U is targeting a fast-growing digital wellness market
- New Copper-Rich “Kraken” Zone Discovered
- 1,500 Banks Just Handed the Fed Your Bank Account
- Your name isn’t on our protected list yet
- Silver paying 20% dividend. Plus 68% share gains
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.
