Brokerages Set Johnson Controls International plc (NYSE:JCI) Price Target at $75.64

Shares of Johnson Controls International plc (NYSE:JCI - Get Free Report) have been assigned a consensus recommendation of "Hold" from the sixteen analysts that are presently covering the company, MarketBeat Ratings reports. Eleven research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $75.64.

A number of research analysts recently issued reports on the company. StockNews.com downgraded Johnson Controls International from a "buy" rating to a "hold" rating in a report on Tuesday. Mizuho lifted 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. Robert W. Baird raised their price objective on Johnson Controls International from $80.00 to $85.00 and gave the company a "neutral" rating in a report on Thursday, November 7th. The Goldman Sachs Group increased their price target on Johnson Controls International from $73.00 to $81.00 and gave the company a "buy" rating in a research report on Friday, August 2nd. Finally, Oppenheimer boosted their price target on Johnson Controls International from $86.00 to $87.00 and gave the stock an "outperform" rating in a research report on Thursday, November 7th.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, COO Nathan D. Manning sold 1,167 shares of the stock in a transaction 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 owns 143,488 shares in the company, valued at $10,438,752. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, COO Nathan D. Manning sold 1,167 shares of Johnson Controls International stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $72.75, for a total value of $84,899.25. Following the completion of the sale, the chief operating officer now directly owns 143,488 shares in the company, 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 link. Also, CEO George Oliver sold 110,615 shares of the firm's stock in a transaction on Monday, September 16th. The stock was sold at an average price of $72.67, for a total value of $8,038,392.05. Following the completion of the transaction, the chief executive officer now owns 1,243,751 shares in the company, valued at $90,383,385.17. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 226,141 shares of company stock worth $16,904,519 in the last ninety days. 0.69% of the stock is owned by company insiders.

Institutional Trading of Johnson Controls International

Several large investors have recently made changes to their positions in JCI. Fortitude Family Office LLC boosted its holdings in shares of Johnson Controls International by 195.8% in the 3rd quarter. Fortitude Family Office LLC now owns 420 shares of the company's stock valued at $33,000 after purchasing an additional 278 shares in the last quarter. Continuum Advisory LLC boosted its stake in Johnson Controls International by 65.2% in the second quarter. Continuum Advisory LLC now owns 527 shares of the company's stock valued at $35,000 after buying an additional 208 shares in the last quarter. Wolff Wiese Magana LLC grew its position in Johnson Controls International by 977.3% in the third quarter. Wolff Wiese Magana LLC now owns 474 shares of the company's stock valued at $37,000 after acquiring an additional 430 shares during the last quarter. Western Pacific Wealth Management LP acquired a new position in Johnson Controls International during the third quarter worth about $44,000. Finally, Hexagon Capital Partners LLC lifted its holdings in shares of 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 during the last quarter. Institutional investors and hedge funds own 90.05% of the company's stock.

Johnson Controls International Stock Down 1.7 %

JCI traded down $1.44 during trading on Tuesday, hitting $85.16. The company had a trading volume of 3,420,012 shares, compared to its average volume of 4,945,722. The firm's 50-day moving average price is $75.60 and its 200 day moving average price is $71.18. The company has a market capitalization of $56.89 billion, a PE ratio of 34.09, a PEG ratio of 2.46 and a beta of 1.29. The company has a quick ratio of 0.73, a current ratio of 0.94 and a debt-to-equity ratio of 0.46. Johnson Controls International has a one year low of $50.60 and a one year high of $87.16.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th were paid a dividend of $0.37 per share. The ex-dividend date was Wednesday, September 25th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.74%. Johnson Controls International's dividend payout ratio (DPR) is currently 58.27%.

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.