Johnson Controls International (NYSE:JCI) Given "Buy" Rating at UBS Group

Johnson Controls International (NYSE:JCI - Get Free Report)'s stock had its "buy" rating restated by investment analysts at UBS Group in a report released on Thursday, MarketBeat.com reports. They presently have a $116.00 price target on the stock, up from their previous price target of $103.00. UBS Group's target price suggests a potential upside of 18.55% from the company's current price.

Several other equities analysts have also issued reports on the company. Morgan Stanley boosted their price objective on Johnson Controls International from $105.00 to $115.00 and gave the company an "overweight" rating in a research report on Friday, May 9th. Barclays raised their price objective on shares of Johnson Controls International from $85.00 to $90.00 and gave the stock an "equal weight" rating in a report on Wednesday, May 14th. Oppenheimer lifted their price target on Johnson Controls International from $90.00 to $96.00 and gave the company an "outperform" rating in a research note on Thursday, May 8th. Citigroup decreased their price objective on Johnson Controls International from $95.00 to $85.00 and set a "neutral" rating for the company in a report on Monday, April 14th. Finally, Melius downgraded Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price target for the company. in a research report on Tuesday, January 28th. Eight equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $96.12.

Johnson Controls International Stock Up 0.7%

Shares of NYSE JCI opened at $97.85 on Thursday. The firm has a 50 day moving average price of $83.77 and a 200 day moving average price of $82.85. The stock has a market cap of $64.39 billion, a P/E ratio of 37.35, a P/E/G ratio of 1.96 and a beta of 1.28. Johnson Controls International has a 52-week low of $64.31 and a 52-week high of $98.53. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.86 and a current ratio of 1.02.

Johnson Controls International (NYSE:JCI - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.77 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. The business had revenue of $5.68 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter last year, the business posted $0.78 EPS. The firm's revenue was up 1.4% compared to the same quarter last year. Analysts expect that Johnson Controls International will post 3.64 EPS for the current year.

Insider Transactions at Johnson Controls International

In other news, VP Nathan D. Manning sold 1,422 shares of the business's stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $86.91, for a total transaction of $123,586.02. Following the completion of the sale, the vice president now owns 144,704 shares in the company, valued at $12,576,224.64. The trade was a 0.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director George Oliver sold 100,000 shares of the business's stock in a transaction that occurred on Friday, May 9th. The stock was sold at an average price of $91.70, for a total value of $9,170,000.00. Following the sale, the director now owns 904,305 shares of the company's stock, valued at approximately $82,924,768.50. This represents a 9.96% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 460,396 shares of company stock worth $38,645,569. 0.54% of the stock is owned by insiders.

Institutional Investors Weigh In On Johnson Controls International

A number of institutional investors have recently made changes to their positions in JCI. Barclays PLC boosted its holdings in shares of Johnson Controls International by 6.7% during the third quarter. Barclays PLC now owns 1,685,322 shares of the company's stock worth $130,797,000 after acquiring an additional 105,194 shares during the period. UMB Bank n.a. boosted its stake in shares of Johnson Controls International by 18.7% in the fourth quarter. UMB Bank n.a. now owns 2,846 shares of the company's stock valued at $225,000 after buying an additional 448 shares during the period. MassMutual Private Wealth & Trust FSB boosted its stake in shares of Johnson Controls International by 82.4% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 4,816 shares of the company's stock valued at $380,000 after buying an additional 2,176 shares during the period. Atomi Financial Group Inc. boosted its stake in shares of Johnson Controls International by 12.8% in the fourth quarter. Atomi Financial Group Inc. now owns 6,970 shares of the company's stock valued at $550,000 after buying an additional 792 shares during the period. Finally, Simon Quick Advisors LLC bought a new stake in shares of Johnson Controls International in the fourth quarter valued at approximately $252,000. Institutional investors own 90.05% of the company's stock.

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.