Johnson Controls International plc (NYSE:JCI) Receives Consensus Rating of "Moderate Buy" from Analysts

Johnson Controls International plc (NYSE:JCI - Get Free Report) has received an average recommendation of "Moderate Buy" from the fifteen research firms that are currently covering the stock, MarketBeat reports. Seven investment analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $91.13.

JCI has been the topic of a number of research analyst reports. Morgan Stanley raised their price target on Johnson Controls International from $95.00 to $105.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Wells Fargo & Company lifted their price objective on Johnson Controls International from $92.00 to $98.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. Melius cut Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price target on the stock. in a research note on Tuesday, January 28th. Robert W. Baird upped their price target on shares of Johnson Controls International from $80.00 to $85.00 and gave the company a "neutral" rating in a report on Thursday, November 7th. Finally, Barclays raised their price target on shares of Johnson Controls International from $75.00 to $83.00 and gave the stock an "equal weight" rating in a report on Thursday, December 5th.

Insider Transactions at Johnson Controls International

In related news, CEO George Oliver sold 162,894 shares of the firm's stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $89.28, for a total transaction of $14,543,176.32. Following the completion of the sale, the chief executive officer now owns 1,203,893 shares of the company's stock, valued at $107,483,567.04. This trade represents a 11.92 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Daniel C. Mcconeghy sold 1,950 shares of the company's stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $87.73, for a total value of $171,073.50. Following the completion of the transaction, the vice president now directly owns 24,803 shares in the company, valued at $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. Insiders sold a total of 719,004 shares of company stock valued at $62,950,067 in the last quarter. 0.54% of the stock is owned by insiders.

Institutional Trading of Johnson Controls International

A number of hedge funds and other institutional investors have recently bought and sold shares of JCI. Compass Financial Services Inc purchased a new position in shares of Johnson Controls International during the 4th quarter valued at $26,000. SBI Securities Co. Ltd. purchased a new position in shares of Johnson Controls International in the fourth quarter valued at about $29,000. Fortitude Family Office LLC boosted its stake in shares of 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 during the period. Synergy Asset Management LLC bought a new stake in Johnson Controls International during the 4th quarter valued at approximately $42,000. Finally, Crowley Wealth Management Inc. purchased a new position in Johnson Controls International in the 4th quarter worth approximately $42,000. Hedge funds and other institutional investors own 90.05% of the company's stock.

Johnson Controls International Stock Performance

Shares of NYSE JCI traded down $3.60 during midday trading on Thursday, hitting $85.23. The company's stock had a trading volume of 4,748,476 shares, compared to its average volume of 5,287,466. The stock has a fifty day moving average price of $82.06 and a 200 day moving average price of $78.38. The firm has a market capitalization of $56.26 billion, a price-to-earnings ratio of 32.53, a P/E/G ratio of 1.96 and a beta of 1.32. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50. Johnson Controls International has a one year low of $57.78 and a one year high of $91.14.

Johnson Controls International (NYSE:JCI - Get Free Report) last announced its earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, topping analysts' consensus estimates of $0.59 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. On average, research analysts forecast that Johnson Controls International will post 3.64 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were paid a $0.37 dividend. The ex-dividend date was Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.74%. Johnson Controls International's dividend payout ratio is currently 56.49%.

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.