Shares of Johnson Controls International plc (NYSE:JCI – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the twenty-four research firms that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $163.05.
JCI has been the subject of a number of recent analyst reports. UBS Group reaffirmed a “buy” rating on shares of Johnson Controls International in a research report on Wednesday, September 16th. Sanford C. Bernstein reissued an “outperform” rating on shares of Johnson Controls International in a research report on Wednesday, October 7th. Mizuho lifted their target price on shares of Johnson Controls International from $150.00 to $165.00 and gave the stock a “neutral” rating in a research report on Thursday. The Goldman Sachs Group boosted their target price on Johnson Controls International from $186.00 to $191.00 and gave the stock a “buy” rating in a research note on Wednesday, September 30th. Finally, Morgan Stanley boosted their target price on Johnson Controls International from $175.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 2nd.
Check Out Our Latest Stock Report on JCI
Johnson Controls International Stock Performance
NYSE JCI opened at $147.46 on Tuesday. Johnson Controls International has a 1 year low of $107.77 and a 1 year high of $160.41. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.00 and a quick ratio of 0.83. The firm has a market cap of $89.32 billion, a price-to-earnings ratio of 25.65, a PEG ratio of 1.14 and a beta of 1.27. The company has a fifty day moving average price of $147.50 and a 200-day moving average price of $143.64.
Johnson Controls International (NYSE:JCI – Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported $1.42 EPS for the quarter, beating the consensus estimate of $1.30 by $0.12. Johnson Controls International had a net margin of 14.32% and a return on equity of 22.11%. The company had revenue of $6.61 billion during the quarter, compared to the consensus estimate of $6.46 billion. During the same quarter in the prior year, the company posted $1.05 earnings per share. The firm’s revenue for the quarter was up 9.3% on a year-over-year basis. As a group, equities research analysts predict that Johnson Controls International will post 5.08 EPS for the current fiscal year.
Johnson Controls International Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Monday, September 21st will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Monday, September 21st. Johnson Controls International’s dividend payout ratio (DPR) is presently 27.83%.
Insider Buying and Selling
In other Johnson Controls International news, VP Lei Schlitz sold 23,417 shares of the business’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $153.07, for a total value of $3,584,440.19. Following the transaction, the vice president owned 15,017 shares of the company’s stock, valued at approximately $2,298,652.19. The trade was a 60.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.29% of the company’s stock.
Institutional Investors Weigh In On Johnson Controls International
Several large investors have recently made changes to their positions in the business. V Square Quantitative Management LLC grew its position in Johnson Controls International by 3.5% during the third quarter. V Square Quantitative Management LLC now owns 15,997 shares of the company’s stock valued at $2,378,000 after buying an additional 544 shares during the period. AdvisorNet Financial Inc increased its holdings in Johnson Controls International by 1.6% during the third quarter. AdvisorNet Financial Inc now owns 31,499 shares of the company’s stock worth $4,802,000 after buying an additional 483 shares during the last quarter. Harrell Investment Partners LLC increased its holdings in Johnson Controls International by 0.7% during the third quarter. Harrell Investment Partners LLC now owns 44,908 shares of the company’s stock worth $6,676,000 after buying an additional 309 shares during the last quarter. Community Financial Services Group LLC raised its position in Johnson Controls International by 18.3% in the third quarter. Community Financial Services Group LLC now owns 581 shares of the company’s stock worth $88,000 after acquiring an additional 90 shares during the period. Finally, HBW Advisory Services LLC raised its position in Johnson Controls International by 3.8% in the third quarter. HBW Advisory Services LLC now owns 2,483 shares of the company’s stock worth $369,000 after acquiring an additional 91 shares during the period. 90.05% of the stock is owned by hedge funds and other institutional investors.
Johnson Controls International Company Profile
Johnson Controls International plc (NYSE: JCI) is a global provider of building technology, products and services. The company helps commercial, institutional and industrial customers improve building performance, energy efficiency, safety and occupant comfort through integrated solutions.
Its offerings include heating, ventilation and air-conditioning systems; building automation and controls; fire detection and suppression equipment; security systems; energy management technologies; and related service, maintenance and digital solutions.
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