Johnson Controls International (NYSE:JCI) Price Target Raised to $125.00 at JPMorgan Chase & Co.

Key Points

• JPMorgan Chase & Co. has raised its price target on Johnson Controls International from $105.00 to $125.00, indicating a potential upside of 15.94% from the stock's previous close.
• Johnson Controls reported a Q2 earnings of $1.05 per share, beating estimates by $0.06, with revenues of $6.05 billion surpassing expectations.
• Analysts currently hold a consensus rating of "Moderate Buy" for Johnson Controls International, with 10 buy and 10 hold ratings among investment analysts.

Johnson Controls International (NYSE:JCI - Get Free Report) had its price objective raised by stock analysts at JPMorgan Chase & Co. from $105.00 to $125.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s price target would indicate a potential upside of 15.94% from the company's previous close.

A number of other brokerages have also weighed in on JCI. Morgan Stanley boosted their price objective on shares of Johnson Controls International from $115.00 to $125.00 and gave the stock an "overweight" rating in a report on Thursday, August 21st. Wolfe Research boosted their price target on Johnson Controls International from $132.00 to $133.00 and gave the stock an "outperform" rating in a research note on Friday, September 12th. Barclays increased their price objective on Johnson Controls International from $100.00 to $101.00 and gave the company an "equal weight" rating in a research report on Wednesday, July 30th. Robert W. Baird boosted their target price on Johnson Controls International from $90.00 to $110.00 and gave the stock a "neutral" rating in a research report on Thursday, July 17th. Finally, Oppenheimer downgraded shares of Johnson Controls International from an "outperform" rating to a "market perform" rating in a report on Friday, June 20th. Ten investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company's stock. According to MarketBeat, Johnson Controls International currently has a consensus rating of "Moderate Buy" and an average price target of $110.89.

Johnson Controls International Stock Up 1.4%

Shares of NYSE:JCI opened at $107.82 on Wednesday. The company has a current ratio of 0.96, a quick ratio of 0.81 and a debt-to-equity ratio of 0.50. The stock has a fifty day simple moving average of $107.02 and a two-hundred day simple moving average of $99.62. Johnson Controls International has a 12-month low of $68.03 and a 12-month high of $112.63. The stock has a market capitalization of $70.55 billion, a price-to-earnings ratio of 31.99, a PEG ratio of 1.60 and a beta of 1.33.

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

Insider Buying and Selling at Johnson Controls International

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

Institutional Investors Weigh In On Johnson Controls International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Norges Bank purchased a new position in shares of Johnson Controls International during the 2nd quarter worth about $795,325,000. Nuveen LLC bought a new stake in Johnson Controls International in the first quarter worth about $219,110,000. Ameriprise Financial Inc. lifted its stake in Johnson Controls International by 140.8% in the second quarter. Ameriprise Financial Inc. now owns 4,575,414 shares of the company's stock worth $483,281,000 after purchasing an additional 2,675,157 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of Johnson Controls International by 747.6% during the first quarter. AQR Capital Management LLC now owns 2,034,060 shares of the company's stock valued at $159,186,000 after buying an additional 1,794,089 shares during the period. Finally, Jennison Associates LLC grew its stake in shares of Johnson Controls International by 232.4% during the second quarter. Jennison Associates LLC now owns 2,124,125 shares of the company's stock valued at $224,350,000 after buying an additional 1,485,007 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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