Tyco International Ltd. (NYSE:TYC) was down 2.5% during trading on Wednesday . The company traded as low as $43.85 and last traded at $43.97, with a volume of 2,784,648 shares traded. The stock had previously closed at $45.12.

A number of equities research analysts have recently commented on TYC shares. Zacks Investment Research raised shares of Tyco International from a “sell” rating to a “hold” rating in a research note on Friday, June 10th. Royal Bank Of Canada cut shares of Tyco International from an “outperform” rating to a “sector perform” rating and dropped their price objective for the stock from $41.00 to $34.00 in a research note on Wednesday, June 1st. Buckingham Research lifted their price target on shares of Tyco International from $38.00 to $42.00 and gave the company a “neutral” rating in a research note on Monday, May 2nd. Credit Suisse Group AG reissued a “hold” rating on shares of Tyco International in a research note on Saturday, July 9th. Finally, Atlantic Securities raised shares of Tyco International from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $40.00 to $52.00 in a research note on Thursday, May 26th. Nine research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $40.23.

The company has a market cap of $18.83 billion and a price-to-earnings ratio of 35.91. The company has a 50-day moving average of $44.20 and a 200-day moving average of $39.90.

Tyco International (NYSE:TYC) last released its earnings results on Friday, July 29th. The company reported $0.54 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.53 by $0.01. During the same quarter last year, the company posted $0.59 earnings per share. The business had revenue of $2.45 billion for the quarter, compared to analysts’ expectations of $2.44 billion. The business’s quarterly revenue was down 1.6% compared to the same quarter last year. Equities research analysts expect that Tyco International Ltd. will post $2.05 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 26th. Stockholders of record on Friday, August 5th will be issued a $0.23 dividend. The ex-dividend date of this dividend is Wednesday, August 3rd. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.08%. This is a positive change from Tyco International’s previous quarterly dividend of $0.21.

In other news, Director Edward D. Breen sold 353,944 shares of the firm’s stock in a transaction dated Thursday, August 11th. The stock was sold at an average price of $44.40, for a total value of $15,715,113.60. Following the transaction, the director now directly owns 1,835,739 shares in the company, valued at approximately $81,506,811.60. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

An institutional investor recently raised its position in Tyco International stock. Connor Clark & Lunn Investment Management Ltd. boosted its position in Tyco International Ltd. (NYSE:TYC) by 26.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 104,900 shares of the company’s stock after buying an additional 22,200 shares during the period. Connor Clark & Lunn Investment Management Ltd.’s holdings in Tyco International were worth $3,345,000 as of its most recent filing with the SEC.

Tyco International Ltd. (Tyco) is a diversified company, which provides security products and services, fire protection and detection products and services, valves and controls, and other industrial products. It operates in five segments: ADT Worldwide, Flow Control, Fire Protection Services, Electrical and Metal Products, and Safety Products.

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