Johnson Controls International plc (NYSE:JCI) Receives Average Rating of “Hold” from Analysts

Shares of Johnson Controls International plc (NYSE:JCI) have earned a consensus recommendation of “Hold” from the twenty-two ratings firms that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and eleven have issued a buy rating on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $147.6316.

Several research analysts have issued reports on JCI shares. Barclays upped their price objective on Johnson Controls International from $136.00 to $144.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. The Goldman Sachs Group upped their price objective on Johnson Controls International from $154.00 to $158.00 and gave the stock a “buy” rating in a report on Tuesday, April 7th. Citigroup upped their price objective on Johnson Controls International from $150.00 to $155.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Rothschild & Co Redburn upped their price objective on Johnson Controls International from $137.00 to $150.00 and gave the stock a “buy” rating in a report on Monday, February 9th. Finally, Robert W. Baird upped their price objective on Johnson Controls International from $132.00 to $148.00 and gave the stock a “neutral” rating in a report on Monday, April 27th.

Johnson Controls International Stock Performance

NYSE:JCI opened at $137.62 on Friday. Johnson Controls International has a 1 year low of $96.01 and a 1 year high of $147.32. The firm has a 50 day moving average of $137.55 and a 200-day moving average of $128.03. The company has a current ratio of 1.04, a quick ratio of 0.85 and a debt-to-equity ratio of 0.64. The stock has a market capitalization of $83.96 billion, a P/E ratio of 24.62, a price-to-earnings-growth ratio of 1.49 and a beta of 1.37.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Tuesday, March 31st. The company reported $1.19 earnings per share (EPS) for the quarter. Johnson Controls International had a return on equity of 19.50% and a net margin of 14.45%.The firm had revenue of $6.14 billion for the quarter. As a group, sell-side analysts anticipate that Johnson Controls International will post 4.87 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Monday, March 16th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, March 16th. This represents a $1.60 annualized dividend and a yield of 1.2%. Johnson Controls International’s dividend payout ratio is currently 28.62%.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, VP Lei Zhang Schlitz sold 88,809 shares of the company’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $140.99, for a total transaction of $12,521,180.91. Following the completion of the sale, the vice president owned 57,059 shares in the company, valued at approximately $8,044,748.41. The trade was a 60.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Daniel C. Mcconeghy sold 3,600 shares of the company’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $142.56, for a total transaction of $513,216.00. Following the sale, the vice president owned 24,273 shares of the company’s stock, valued at $3,460,358.88. The trade was a 12.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.29% of the company’s stock.

Institutional Trading of Johnson Controls International

Institutional investors and hedge funds have recently made changes to their positions in the business. Regents Gate Capital LLP boosted its stake in Johnson Controls International by 17.4% in the 3rd quarter. Regents Gate Capital LLP now owns 86,144 shares of the company’s stock worth $9,472,000 after purchasing an additional 12,774 shares during the period. Bright Futures Wealth Management LLC. acquired a new position in Johnson Controls International in the 3rd quarter worth $583,000. Elo Mutual Pension Insurance Co boosted its stake in Johnson Controls International by 23.7% in the 3rd quarter. Elo Mutual Pension Insurance Co now owns 75,021 shares of the company’s stock worth $8,249,000 after purchasing an additional 14,354 shares during the period. Nordea Investment Management AB boosted its stake in Johnson Controls International by 6.7% in the 4th quarter. Nordea Investment Management AB now owns 2,276,753 shares of the company’s stock worth $274,235,000 after purchasing an additional 142,429 shares during the period. Finally, Caprock Group LLC acquired a new position in Johnson Controls International in the 3rd quarter worth $3,828,000. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Company Profile

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.