Johnson Controls International plc (NYSE:JCI) Receives $90.00 Consensus Price Target 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 price target among analysts that have covered the stock in the last year is $90.07.

JCI has been the subject of a number of research reports. Royal Bank of Canada upped their price target on shares of Johnson Controls International from $86.00 to $93.00 and gave the stock a "sector perform" rating in a research report on Thursday, February 6th. Barclays lowered their price target on shares of Johnson Controls International from $88.00 to $85.00 and set an "equal weight" rating for the company in a report on Monday, March 10th. Morgan Stanley boosted their price objective on shares of Johnson Controls International from $95.00 to $105.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. JPMorgan Chase & Co. lowered their target price on Johnson Controls International from $100.00 to $81.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Finally, Argus upgraded Johnson Controls International from a "hold" rating to a "buy" rating and set a $88.00 price target on the stock in a research note on Friday, December 20th.

Johnson Controls International Trading Down 1.6 %

Shares of NYSE:JCI traded down $1.28 during midday trading on Friday, reaching $77.31. The company's stock had a trading volume of 126,740 shares, compared to its average volume of 4,447,935. The firm has a market cap of $51.04 billion, a price-to-earnings ratio of 29.61, a price-to-earnings-growth ratio of 1.96 and a beta of 1.22. The business has a 50 day moving average price of $82.00 and a 200 day moving average price of $80.81. Johnson Controls International has a 1 year low of $59.83 and a 1 year high of $91.14. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50.

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

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 24th will be paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.91%. The ex-dividend date of this dividend is Monday, March 24th. Johnson Controls International's payout ratio is 56.49%.

Insider Buying and Selling at Johnson Controls International

In other news, VP Daniel C. Mcconeghy sold 1,950 shares of the firm's stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $87.73, for a total transaction of $171,073.50. Following the transaction, the vice president now directly owns 24,803 shares of the company's stock, valued at approximately $2,175,967.19. This trade represents a 7.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Nathan D. Manning sold 1,421 shares of the company's stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $76.44, for a total transaction of $108,621.24. Following the completion of the sale, the vice president now directly owns 148,346 shares of the company's stock, valued at $11,339,568.24. The trade was a 0.95 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 907,286 shares of company stock worth $77,938,071. 0.54% of the stock is owned by company insiders.

Institutional Investors Weigh In On Johnson Controls International

Institutional investors have recently added to or reduced their stakes in the company. Compass Financial Services Inc bought a new stake in Johnson Controls International in the fourth quarter worth about $26,000. SBI Securities Co. Ltd. bought a new stake in shares of Johnson Controls International in the 4th quarter worth approximately $29,000. Crowley Wealth Management Inc. acquired a new stake in Johnson Controls International during the fourth quarter valued at approximately $42,000. Synergy Asset Management LLC acquired a new position in Johnson Controls International in the fourth quarter worth approximately $42,000. Finally, ST Germain D J Co. Inc. lifted its position 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 valued at $43,000 after acquiring an additional 134 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

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.