Johnson Controls International (NYSE:JCI) Reaches New 1-Year High - Still a Buy?

Shares of Johnson Controls International plc (NYSE:JCI - Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as $89.95 and last traded at $89.47, with a volume of 5918901 shares changing hands. The stock had previously closed at $87.65.

Analyst Ratings Changes

JCI has been the subject of several research reports. Morgan Stanley upped their price target on shares of Johnson Controls International from $95.00 to $105.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Argus upgraded shares of Johnson Controls International from a "hold" rating to a "buy" rating and set a $88.00 price target for the company in a research report on Friday, December 20th. Melius Research reiterated a "hold" rating and issued a $95.00 price target on shares of Johnson Controls International in a research report on Tuesday, January 28th. Robert W. Baird boosted their price objective on shares of Johnson Controls International from $80.00 to $85.00 and gave the company a "neutral" rating in a research note on Thursday, November 7th. Finally, Wells Fargo & Company boosted their price objective on shares of Johnson Controls International from $92.00 to $98.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $91.13.

Johnson Controls International Stock Performance

The stock has a market capitalization of $59.30 billion, a price-to-earnings ratio of 34.28, a PEG ratio of 2.48 and a beta of 1.32. The stock's 50 day moving average is $81.39 and its 200 day moving average is $77.54. The company has a current ratio of 1.02, a quick ratio of 0.79 and a debt-to-equity ratio of 0.50.

Johnson Controls International (NYSE:JCI - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, beating analysts' consensus estimates of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. On average, analysts predict that Johnson Controls International plc will post 3.52 earnings per share for the current year.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were issued a $0.37 dividend. The ex-dividend date was Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a yield of 1.65%. Johnson Controls International's dividend payout ratio (DPR) is 56.49%.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, CEO George Oliver sold 162,894 shares of the company's stock in a transaction dated Friday, February 14th. The shares were sold at an average price of $89.28, for a total value of $14,543,176.32. Following the transaction, the chief executive officer now directly owns 1,203,893 shares in the company, valued at approximately $107,483,567.04. This represents a 11.92 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Daniel C. Mcconeghy sold 1,950 shares of the company's stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $87.73, for a total transaction of $171,073.50. Following the completion of the transaction, the vice president now owns 24,803 shares in the company, valued at approximately $2,175,967.19. This trade represents a 7.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,113,772 shares of company stock worth $95,772,462. Corporate insiders own 0.54% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Metis Global Partners LLC lifted its holdings in shares of Johnson Controls International by 0.4% during the 3rd quarter. Metis Global Partners LLC now owns 28,446 shares of the company's stock worth $2,208,000 after acquiring an additional 127 shares during the period. Gilbert & Cook Inc. lifted its holdings in shares of Johnson Controls International by 2.0% during the 4th quarter. Gilbert & Cook Inc. now owns 6,458 shares of the company's stock worth $510,000 after acquiring an additional 127 shares during the period. Jackson Hole Capital Partners LLC lifted its holdings in shares of Johnson Controls International by 0.7% during the 4th quarter. Jackson Hole Capital Partners LLC now owns 18,621 shares of the company's stock worth $1,470,000 after acquiring an additional 127 shares during the period. Graypoint LLC lifted its holdings in shares of Johnson Controls International by 4.1% during the 4th quarter. Graypoint LLC now owns 3,277 shares of the company's stock worth $259,000 after acquiring an additional 130 shares during the period. Finally, ST Germain D J Co. Inc. lifted its holdings in shares of Johnson Controls International by 32.8% during the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company's stock worth $43,000 after acquiring an additional 134 shares during the period. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

About Johnson Controls International

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.