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Johnson Controls International plc (JCI) Volatility At 1.71%, Should You Add A Position?

Johnson Controls International plc (NYSE: JCI) is 21.03% higher on its value in year-to-date trading and has touched a low of $47.90 and a high of $75.36 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The JCI stock was last observed hovering at around $68.50 in the last trading session, with the day’s gains setting it 1.26%.

Currently trading at $69.76, the stock is 2.22% and 1.69% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.09 million and changing 1.84% at the moment leaves the stock 13.30% off its SMA200. JCI registered 17.98% gain for a year compared to 6-month gain of 22.24%.

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The stock witnessed a -0.13% loss in the last 1 month and extending the period to 3 months gives it a 2.32%, and is 2.94% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.71% over the week and 2.65% over the month.

Johnson Controls International plc (JCI) has around 100000 employees, a market worth around $46.60B and $26.93B in sales. Current P/E ratio is 29.16 and Fwd P/E is 17.72. Profit margin for the company is 6.02%. Distance from 52-week low is 45.64% and -7.43% from its 52-week high. The company has generated returns on investments over the last 12 months (6.54%).

Johnson Controls International plc quarterly earnings per share for the current quarter are estimated at 1.24 with sales reaching $7.24B over the same period.The EPS is expected to grow by 4.93% this year, but quarterly earnings will post 1.70% year-over-year. Quarterly sales are estimated to grow 4.90% in year-over-year returns.

1509.0 institutions hold shares in Johnson Controls International plc (JCI), with institutional investors hold 94.89% of the company’s shares. The shares outstanding are 680.37M, and float is at 665.50M with Short Float at 1.27%. Institutions hold 94.60% of the Float.

The top institutional shareholder in the company is DODGE & COX with over 79.94 million shares valued at $$5.22 billion. The investor’s holdings represent 11.7729 of the JCI Shares outstanding. As of 2024-03-31, the second largest holder is VANGUARD GROUP INC with 70.7 million shares valued at $$4.62 billion to account for 10.4125 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 51.9 million shares representing 7.644 and valued at over $$3.39 billion, while WELLINGTON MANAGEMENT GROUP LLP holds 4.579 of the shares totaling 31.09 million with a market value of $$2.03 billion.

Johnson Controls International plc (JCI) Insider Activity

The most recent transaction is an insider sale by Vandiepenbeeck Marc, the company’s EVP and CFO. SEC filings show that Vandiepenbeeck Marc sold 186 shares of the company’s common stock on Aug 05 ’24 at a price of $65.60 per share for a total of $12202.0. Following the sale, the insider now owns 84260.0 shares.

Johnson Controls International plc disclosed in a document filed with the SEC on Aug 01 ’24 that MANNING NATHAN D (COO, Global Field Ops) sold a total of 1,167 shares of the company’s common stock. The trade occurred on Aug 01 ’24 and was made at $70.71 per share for $82519.0. Following the transaction, the insider now directly holds 0.1 million shares of the JCI stock.

Still, SEC filings show that on Jul 22 ’24, Vandiepenbeeck Marc (EVP and CFO) disposed off 186 shares at an average price of $69.64 for $12953.0. The insider now directly holds 43,439 shares of Johnson Controls International plc (JCI).

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