Johnson Controls International plc (NYSE:JCI) Receives $96.12 Consensus PT from Analysts

Shares of Johnson Controls International plc (NYSE:JCI - Get Free Report) have earned an average recommendation of "Moderate Buy" from the seventeen analysts that are presently covering the firm, MarketBeat reports. Seven research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $96.12.

Several research analysts have commented on the company. Morgan Stanley raised their price objective on Johnson Controls International from $105.00 to $115.00 and gave the stock an "overweight" rating in a report on Friday, May 9th. Vertical Research upgraded Johnson Controls International from a "hold" rating to a "buy" rating and set a $105.00 price target on the stock in a research note on Thursday, May 8th. Robert W. Baird lifted their price objective on Johnson Controls International from $84.00 to $90.00 and gave the company a "neutral" rating in a report on Thursday, May 8th. Wells Fargo & Company increased their target price on shares of Johnson Controls International from $82.00 to $100.00 and gave the stock an "overweight" rating in a report on Thursday, May 8th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Johnson Controls International from $81.00 to $98.00 and gave the company an "overweight" rating in a report on Friday, May 16th.

Insider Activity at Johnson Controls International

In other news, CFO Marc Vandiepenbeeck sold 28,289 shares of the business's stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of $90.92, for a total transaction of $2,572,035.88. Following the completion of the transaction, the chief financial officer now directly owns 147,673 shares of the company's stock, valued at approximately $13,426,429.16. The trade was a 16.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $79.72, for a total transaction of $113,361.84. Following the sale, the vice president now directly owns 145,502 shares of the company's stock, valued at approximately $11,599,419.44. This trade represents a 0.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 331,133 shares of company stock valued at $27,845,646. 0.54% of the stock is owned by company insiders.

Institutional Investors Weigh In On Johnson Controls International

A number of institutional investors and hedge funds have recently added to or reduced their stakes in JCI. Certuity LLC purchased a new position in shares of Johnson Controls International in the 4th quarter valued at approximately $243,000. Greenleaf Trust lifted its holdings in shares of Johnson Controls International by 17.7% during the fourth quarter. Greenleaf Trust now owns 27,467 shares of the company's stock worth $2,168,000 after purchasing an additional 4,137 shares during the period. Vivid Wealth Management LLC purchased a new position in Johnson Controls International in the 4th quarter valued at $2,290,000. Stratos Wealth Partners LTD. increased its stake in Johnson Controls International by 6.5% in the 4th quarter. Stratos Wealth Partners LTD. now owns 7,139 shares of the company's stock valued at $564,000 after buying an additional 433 shares during the period. Finally, SBI Securities Co. Ltd. purchased a new position in Johnson Controls International during the 4th quarter worth $29,000. Hedge funds and other institutional investors own 90.05% of the company's stock.

Johnson Controls International Trading Down 0.9%

Shares of NYSE JCI traded down $0.97 during trading hours on Friday, hitting $101.17. 6,829,364 shares of the company traded hands, compared to its average volume of 4,284,767. The company's 50 day moving average price is $85.82 and its 200 day moving average price is $83.58. Johnson Controls International has a 12 month low of $64.31 and a 12 month high of $102.36. The stock has a market capitalization of $66.57 billion, a price-to-earnings ratio of 38.61, a price-to-earnings-growth ratio of 1.96 and a beta of 1.28. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50.

Johnson Controls International (NYSE:JCI - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The company reported $0.82 earnings per share for the quarter, beating analysts' consensus estimates of $0.77 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. The business had revenue of $5.68 billion for the quarter, compared to analysts' expectations of $5.64 billion. During the same quarter in the previous year, the business posted $0.78 earnings per share. The business's revenue was up 1.4% compared to the same quarter last year. On average, equities research analysts anticipate that Johnson Controls International will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 24th were paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend was Monday, March 24th. Johnson Controls International's dividend payout ratio (DPR) is presently 39.47%.

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.