Analysts Set Johnson Controls International plc (NYSE:JCI) PT at $152.85

Shares of Johnson Controls International plc (NYSE:JCI) have received an average recommendation of “Moderate Buy” from the twenty-three ratings firms that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $152.85.

A number of research analysts recently commented on the stock. UBS Group increased their price target on shares of Johnson Controls International from $170.00 to $180.00 and gave the company a “buy” rating in a report on Tuesday, June 2nd. HSBC increased their price target on shares of Johnson Controls International from $127.00 to $136.00 in a report on Thursday, May 7th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $154.00 price target on shares of Johnson Controls International in a report on Tuesday, June 2nd. The Goldman Sachs Group increased their price target on shares of Johnson Controls International from $169.00 to $178.00 and gave the company a “buy” rating in a report on Tuesday, June 2nd. Finally, JPMorgan Chase & Co. increased their price target on shares of Johnson Controls International from $158.00 to $162.00 in a report on Thursday, May 7th.

Johnson Controls International Stock Down 0.1%

JCI opened at $144.83 on Wednesday. The firm has a 50-day simple moving average of $140.40 and a two-hundred day simple moving average of $130.85. Johnson Controls International has a 52 week low of $100.86 and a 52 week high of $149.10. The company has a market capitalization of $88.36 billion, a PE ratio of 25.91, a price-to-earnings-growth ratio of 1.57 and a beta of 1.33. The company has a quick ratio of 0.85, a current ratio of 1.04 and a debt-to-equity ratio of 0.64.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings results on Tuesday, March 31st. The company reported $1.19 EPS for the quarter. Johnson Controls International had a net margin of 14.45% and a return on equity of 19.50%. The firm had revenue of $6.14 billion during the quarter. Analysts forecast that Johnson Controls International will post 4.86 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Monday, June 15th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. Johnson Controls International’s dividend payout ratio (DPR) is presently 28.62%.

Insider Transactions at Johnson Controls International

In related news, VP Todd M. Grabowski sold 1,800 shares of the stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $146.20, for a total value of $263,160.00. Following the sale, the vice president directly owned 26,215 shares of the company’s stock, valued at $3,832,633. This represents a 6.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Lei Zhang Schlitz sold 88,809 shares of the stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $140.99, for a total transaction of $12,521,180.91. Following the completion of the sale, the vice president directly owned 57,059 shares in the company, valued at $8,044,748.41. This trade represents a 60.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.29% of the company’s stock.

Institutional Trading of Johnson Controls International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Maseco LLP increased its position in shares of Johnson Controls International by 102.9% during the fourth quarter. Maseco LLP now owns 211 shares of the company’s stock worth $25,000 after acquiring an additional 107 shares during the period. Mcguire Capital Advisors Inc. purchased a new position in shares of Johnson Controls International during the fourth quarter worth approximately $27,000. Roxbury Financial LLC increased its position in shares of Johnson Controls International by 71.9% during the fourth quarter. Roxbury Financial LLC now owns 239 shares of the company’s stock worth $29,000 after acquiring an additional 100 shares during the period. Twin Tree Management LP increased its position in shares of Johnson Controls International by 140.9% during the fourth quarter. Twin Tree Management LP now owns 260 shares of the company’s stock worth $31,000 after acquiring an additional 895 shares during the period. Finally, YANKCOM Partnership purchased a new position in shares of Johnson Controls International during the fourth quarter worth approximately $34,000. 90.05% of the stock is owned by hedge funds and other institutional investors.

About Johnson Controls International

Johnson Controls International plc is a global diversified technology and multi‑industrial company that develops products, services and solutions for buildings and energy storage. The company’s core focus is on improving building efficiency, safety and sustainability through a combination of HVAC equipment, building controls and automation, fire and security systems, and related services. Johnson Controls traces its roots to 1885, when inventor Warren S. Johnson developed an electric room thermostat; over its long history the company has expanded from controls into a broad set of building‑related technologies and, through corporate transactions, into a global provider of integrated building solutions.

Johnson Controls’ product and service portfolio includes heating, ventilation and air‑conditioning equipment, chillers, air handlers and related mechanical systems, together with building automation and control platforms that monitor and manage energy use, indoor environmental quality and security.