Johnson Controls International's (JCI) "Buy (B)" Rating Reiterated at Weiss Ratings

Johnson Controls International (NYSE:JCI - Get Free Report)'s stock had its "buy (b)" rating reiterated by Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

A number of other research analysts have also issued reports on the stock. Citigroup boosted their target price on shares of Johnson Controls International from $110.00 to $112.00 and gave the company a "neutral" rating in a research note on Wednesday, July 30th. Royal Bank Of Canada lifted their price target on Johnson Controls International from $112.00 to $114.00 and gave the company a "sector perform" rating in a report on Wednesday, July 30th. Jefferies Financial Group restated a "hold" rating and issued a $120.00 target price on shares of Johnson Controls International in a research report on Thursday, July 24th. Morgan Stanley increased their price target on Johnson Controls International from $115.00 to $125.00 and gave the stock an "overweight" rating in a research note on Thursday, August 21st. Finally, Barclays increased 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. Ten investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $109.00.

Johnson Controls International Price Performance

Shares of NYSE JCI opened at $108.43 on Wednesday. Johnson Controls International has a 1-year low of $68.03 and a 1-year high of $112.63. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.96 and a quick ratio of 0.81. The business's fifty day moving average price is $106.92 and its two-hundred day moving average price is $98.84. The firm has a market capitalization of $70.95 billion, a PE ratio of 32.18, a P/E/G ratio of 1.63 and a beta of 1.33.

Johnson Controls International (NYSE:JCI - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The company reported $1.05 EPS for the quarter, topping the consensus estimate of $0.99 by $0.06. The business had revenue of $6.05 billion during the quarter, compared to analyst estimates 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. On average, research analysts expect that Johnson Controls International will post 3.64 EPS for the current year.

Johnson Controls International announced that its Board of Directors has initiated a stock repurchase plan on Friday, June 13th that permits the company to buyback $9.00 billion in outstanding shares. This buyback authorization permits the company to repurchase up to 13.4% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's leadership believes its shares are undervalued.

Insider Buying and Selling at Johnson Controls International

In other news, VP Daniel C. Mcconeghy sold 5,917 shares of Johnson Controls International stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $105.73, for a total transaction of $625,604.41. Following the transaction, the vice president owned 25,005 shares in the company, valued at approximately $2,643,778.65. The trade was a 19.14% 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 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 value of $149,395.32. Following the sale, the vice president owned 139,459 shares of the company's stock, valued at $14,651,562.54. The trade was a 1.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 8,761 shares of company stock worth $922,447. Company insiders own 0.54% of the company's stock.

Institutional Trading of Johnson Controls International

A number of hedge funds have recently made changes to their positions in the stock. Gilbert & Cook Inc. increased its stake in Johnson Controls International by 1.5% in the 2nd quarter. Gilbert & Cook Inc. now owns 6,769 shares of the company's stock valued at $715,000 after buying an additional 97 shares during the period. Nwam LLC grew its holdings in shares of Johnson Controls International by 1.1% during the 2nd quarter. Nwam LLC now owns 9,141 shares of the company's stock valued at $951,000 after acquiring an additional 97 shares in the last quarter. Grove Bank & Trust grew its holdings in shares of Johnson Controls International by 3.5% during the 2nd quarter. Grove Bank & Trust now owns 3,117 shares of the company's stock valued at $329,000 after acquiring an additional 106 shares in the last quarter. Keudell Morrison Wealth Management grew its holdings in shares of Johnson Controls International by 4.1% during the 2nd quarter. Keudell Morrison Wealth Management now owns 2,697 shares of the company's stock valued at $285,000 after acquiring an additional 107 shares in the last quarter. Finally, REAP Financial Group LLC boosted its position in Johnson Controls International by 18.1% during the second quarter. REAP Financial Group LLC now owns 739 shares of the company's stock valued at $78,000 after purchasing an additional 113 shares during the last quarter. 90.05% of the stock is 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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