Johnson Controls International (NYSE:JCI) Now Covered by Analysts at UBS Group

Analysts at UBS Group started coverage on shares of Johnson Controls International (NYSE:JCI - Get Free Report) in a note issued to investors on Wednesday, MarketBeat Ratings reports. The firm set a "neutral" rating and a $90.00 price target on the stock. UBS Group's target price indicates a potential upside of 5.01% from the company's previous close.

A number of other analysts have also recently commented on the stock. Mizuho upped their price target on shares of Johnson Controls International from $62.00 to $75.00 and gave the company a "neutral" rating in a research note on Thursday, October 17th. Morgan Stanley initiated coverage on shares of Johnson Controls International in a research note on Friday, September 6th. They set an "overweight" rating and a $85.00 price target on the stock. StockNews.com cut shares of Johnson Controls International from a "buy" rating to a "hold" rating in a research note on Tuesday. Barclays upped their price target on shares of Johnson Controls International from $62.00 to $64.00 and gave the company an "equal weight" rating in a research note on Wednesday, October 2nd. Finally, Bank of America upped their price target on shares of Johnson Controls International from $80.00 to $95.00 and gave the company a "buy" rating in a research note on Friday, September 27th. Twelve research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, Johnson Controls International has a consensus rating of "Hold" and a consensus target price of $77.21.

Johnson Controls International Stock Performance

Shares of Johnson Controls International stock traded up $0.55 on Wednesday, reaching $85.71. 3,444,415 shares of the company traded hands, compared to its average volume of 4,938,930. Johnson Controls International has a 52 week low of $51.33 and a 52 week high of $87.16. The company has a 50 day moving average of $75.88 and a 200 day moving average of $71.32. The firm has a market capitalization of $57.26 billion, a PE ratio of 33.86, a PEG ratio of 2.38 and a beta of 1.29. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.79.

Insider Activity at Johnson Controls International

In related news, COO Nathan D. Manning sold 3,000 shares of the stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $77.08, for a total transaction of $231,240.00. Following the transaction, the chief operating officer now owns 140,488 shares of the company's stock, valued at approximately $10,828,815.04. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, COO Nathan D. Manning sold 1,167 shares of the business's stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $72.75, for a total transaction of $84,899.25. Following the transaction, the chief operating officer now directly owns 143,488 shares of the company's stock, valued at approximately $10,438,752. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Nathan D. Manning sold 3,000 shares of the business's stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $77.08, for a total value of $231,240.00. Following the transaction, the chief operating officer now directly owns 140,488 shares in the company, valued at $10,828,815.04. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 226,141 shares of company stock valued at $16,904,519. Insiders own 0.69% of the company's stock.

Institutional Investors Weigh In On Johnson Controls International

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Fortitude Family Office LLC boosted its holdings in Johnson Controls International by 195.8% in the third quarter. Fortitude Family Office LLC now owns 420 shares of the company's stock worth $33,000 after acquiring an additional 278 shares in the last quarter. Continuum Advisory LLC boosted its holdings in Johnson Controls International by 65.2% in the second quarter. Continuum Advisory LLC now owns 527 shares of the company's stock worth $35,000 after acquiring an additional 208 shares in the last quarter. Wolff Wiese Magana LLC boosted its holdings in Johnson Controls International by 977.3% in the third quarter. Wolff Wiese Magana LLC now owns 474 shares of the company's stock worth $37,000 after acquiring an additional 430 shares in the last quarter. Western Pacific Wealth Management LP bought a new stake in Johnson Controls International in the third quarter worth $44,000. Finally, Hexagon Capital Partners LLC boosted its holdings in Johnson Controls International by 39.7% in the second quarter. Hexagon Capital Partners LLC now owns 711 shares of the company's stock worth $47,000 after acquiring an additional 202 shares in the last quarter. 90.05% of the stock is owned by hedge funds and other institutional investors.

Johnson Controls International Company Profile

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.