Deutsche Bank Aktiengesellschaft Issues Positive Forecast for Johnson Controls International (NYSE:JCI) Stock Price

Key Points

• Deutsche Bank Aktiengesellschaft raised its target price for Johnson Controls International stock from $124.00 to $125.00, maintaining a "buy" rating with a potential upside of 15.00% from the previous close.
• The company reported earnings per share of $1.05 for the last quarter, beating expectations, alongside revenue of $6.05 billion, exceeding analyst predictions.
• Johnson Controls International has authorized a $9.00 billion share repurchase program, indicating management's belief that its shares are undervalued.

Johnson Controls International (NYSE:JCI - Get Free Report) had its target price increased by equities researchers at Deutsche Bank Aktiengesellschaft from $124.00 to $125.00 in a research report issued to clients and investors on Thursday,MarketScreener reports. The firm currently has a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft's price objective indicates a potential upside of 15.00% from the company's previous close.

JCI has been the subject of a number of other research reports. The Goldman Sachs Group upped their target price on shares of Johnson Controls International from $119.00 to $124.00 and gave the stock a "buy" rating in a report on Monday, September 15th. Citigroup lifted their price target on shares of Johnson Controls International from $110.00 to $112.00 and gave the company a "neutral" rating in a research report on Wednesday, July 30th. Wells Fargo & Company lifted their target price on shares of Johnson Controls International from $100.00 to $130.00 and gave the company an "overweight" rating in a report on Wednesday, June 4th. Barclays upped their price target on Johnson Controls International from $100.00 to $101.00 and gave the stock an "equal weight" rating in a research note on Wednesday, July 30th. Finally, Royal Bank Of Canada lifted their price objective on Johnson Controls International from $112.00 to $114.00 and gave the company a "sector perform" rating in a research note on Wednesday, July 30th. Ten investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $109.00.

Johnson Controls International Stock Up 0.0%

Shares of JCI opened at $108.70 on Thursday. The firm has a market cap of $71.13 billion, a P/E ratio of 32.25, a PEG ratio of 1.63 and a beta of 1.33. Johnson Controls International has a 12 month low of $68.03 and a 12 month high of $112.63. The stock's 50 day moving average is $106.78 and its two-hundred day moving average is $98.31. The company has a current ratio of 0.96, a quick ratio of 0.81 and a debt-to-equity ratio of 0.50.

Johnson Controls International (NYSE:JCI - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The company reported $1.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.99 by $0.06. The firm had revenue of $6.05 billion for the quarter, compared to analysts' expectations of $5.99 billion. Johnson Controls International had a net margin of 9.53% and a return on equity of 14.71%. Johnson Controls International has set its FY 2025 guidance at 3.650-3.680 EPS. Q4 2025 guidance at 1.140-1.170 EPS. Analysts predict that Johnson Controls International will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International announced that its board has authorized a share repurchase program on Friday, June 13th that authorizes the company to buyback $9.00 billion in shares. This buyback authorization authorizes the company to purchase up to 13.4% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's management believes its shares are undervalued.

Insiders Place Their Bets

In other news, VP Daniel C. Mcconeghy sold 5,917 shares of the stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $105.73, for a total value of $625,604.41. Following the completion of the transaction, the vice president owned 25,005 shares in the company, valued at $2,643,778.65. This trade represents a 19.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $105.06, for a total value of $149,395.32. Following the transaction, the vice president owned 139,459 shares of the company's stock, valued at $14,651,562.54. This represents a 1.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 8,761 shares of company stock worth $922,447 in the last ninety days. 0.54% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Johnson Controls International

Several institutional investors have recently bought and sold shares of JCI. Cerity Partners LLC boosted its position in shares of Johnson Controls International by 69.8% in the first quarter. Cerity Partners LLC now owns 113,059 shares of the company's stock worth $9,057,000 after buying an additional 46,459 shares during the period. G&S Capital LLC increased its holdings in Johnson Controls International by 81.4% during the 1st quarter. G&S Capital LLC now owns 30,342 shares of the company's stock worth $2,431,000 after purchasing an additional 13,612 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Johnson Controls International by 27.8% during the 1st quarter. GAMMA Investing LLC now owns 14,720 shares of the company's stock valued at $1,179,000 after buying an additional 3,201 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of Johnson Controls International by 2,213.5% during the first quarter. Allspring Global Investments Holdings LLC now owns 709,431 shares of the company's stock worth $57,748,000 after buying an additional 678,766 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC lifted its position in shares of Johnson Controls International by 22.4% during the first quarter. Dynamic Advisor Solutions LLC now owns 5,987 shares of the company's stock worth $480,000 after purchasing an additional 1,096 shares during the last quarter. 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.

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