Vertical Research cut shares of Johnson Controls International PLC (NYSE:JCI) from a buy rating to a hold rating in a research report released on Friday, The Fly reports.

Other equities research analysts also recently issued reports about the stock. TheStreet raised shares of Johnson Controls International PLC from a c rating to a b rating in a research report on Thursday, July 27th. Robert W. Baird reaffirmed a buy rating and issued a $50.00 price objective on shares of Johnson Controls International PLC in a research report on Monday, August 28th. Gabelli raised shares of Johnson Controls International PLC from a hold rating to a buy rating and set a $51.00 price objective for the company in a research report on Friday, July 28th. Cowen and Company reaffirmed a buy rating and issued a $48.00 price objective on shares of Johnson Controls International PLC in a research report on Wednesday, September 27th. Finally, Citigroup Inc. reaffirmed a buy rating and issued a $50.00 price objective (up from $47.00) on shares of Johnson Controls International PLC in a research report on Monday, October 9th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and eleven have given a buy rating to the company’s stock. Johnson Controls International PLC presently has a consensus rating of Hold and a consensus price target of $47.79.

Shares of Johnson Controls International PLC (JCI) traded down $1.58 during mid-day trading on Friday, reaching $36.93. 13,793,600 shares of the company’s stock were exchanged, compared to its average volume of 5,060,376. Johnson Controls International PLC has a twelve month low of $36.48 and a twelve month high of $46.17. The company has a quick ratio of 0.77, a current ratio of 1.04 and a debt-to-equity ratio of 0.56. The company has a market cap of $34,271.04, a P/E ratio of 14.15, a price-to-earnings-growth ratio of 0.98 and a beta of 0.94.

Johnson Controls International PLC (NYSE:JCI) last issued its quarterly earnings data on Thursday, November 9th. The auto parts company reported $0.87 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.87. Johnson Controls International PLC had a net margin of 6.32% and a return on equity of 11.91%. The business had revenue of $8.14 billion during the quarter, compared to the consensus estimate of $8.10 billion. During the same period in the prior year, the firm posted $1.21 EPS. The firm’s quarterly revenue was up 30.1% compared to the same quarter last year. research analysts predict that Johnson Controls International PLC will post 2.84 earnings per share for the current fiscal year.

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In other Johnson Controls International PLC news, VP Jeffrey M. Williams sold 1,955 shares of the stock in a transaction that occurred on Wednesday, October 11th. The shares were sold at an average price of $41.43, for a total value of $80,995.65. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 1.50% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. First Interstate Bank lifted its stake in Johnson Controls International PLC by 0.9% in the 2nd quarter. First Interstate Bank now owns 7,069 shares of the auto parts company’s stock worth $307,000 after purchasing an additional 62 shares in the last quarter. Stanley Laman Group Ltd. lifted its stake in Johnson Controls International PLC by 0.6% in the 2nd quarter. Stanley Laman Group Ltd. now owns 11,410 shares of the auto parts company’s stock worth $495,000 after purchasing an additional 63 shares in the last quarter. River Wealth Advisors LLC lifted its stake in Johnson Controls International PLC by 1.1% in the 2nd quarter. River Wealth Advisors LLC now owns 11,070 shares of the auto parts company’s stock worth $480,000 after purchasing an additional 117 shares in the last quarter. Bessemer Group Inc. lifted its stake in Johnson Controls International PLC by 5.5% in the 2nd quarter. Bessemer Group Inc. now owns 2,550 shares of the auto parts company’s stock worth $110,000 after purchasing an additional 133 shares in the last quarter. Finally, Farmers & Merchants Trust Co of Chambersburg PA increased its holdings in shares of Johnson Controls International PLC by 0.8% in the 2nd quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 18,386 shares of the auto parts company’s stock worth $797,000 after buying an additional 140 shares during the last quarter. Institutional investors and hedge funds own 85.98% of the company’s stock.

About Johnson Controls International PLC

Johnson Controls, Inc is a technology company. The Company provides products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles, and seating and interior systems for automobiles. The Company operates in two segments: Building Efficiency and Power Solutions.

The Fly

Analyst Recommendations for Johnson Controls International PLC (NYSE:JCI)

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