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

Shares of Johnson Controls International plc (NYSE:JCI) have received a consensus rating of “Moderate Buy” from the twenty-three research firms that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, nine have given a hold recommendation, eleven have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year target price among brokerages that have covered the stock in the last year is $153.30.

A number of analysts have commented on the company. JPMorgan Chase & Co. upped their price target on Johnson Controls International from $158.00 to $162.00 in a research report on Thursday, May 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Johnson Controls International in a research report on Tuesday, June 9th. Robert W. Baird boosted their price objective on Johnson Controls International from $132.00 to $148.00 and gave the company a “neutral” rating in a research note on Monday, April 27th. Wells Fargo & Company increased their target price on shares of Johnson Controls International from $145.00 to $160.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Finally, HSBC lifted their price target on shares of Johnson Controls International from $127.00 to $136.00 in a report on Thursday, May 7th.

Johnson Controls International Trading Up 0.1%

NYSE:JCI opened at $153.83 on Thursday. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.00 and a quick ratio of 0.83. The firm has a market capitalization of $93.18 billion, a price-to-earnings ratio of 26.75, a price-to-earnings-growth ratio of 1.48 and a beta of 1.31. Johnson Controls International has a one year low of $103.07 and a one year high of $157.06. The business has a fifty day moving average price of $143.20 and a 200-day moving average price of $138.04.

Johnson Controls International (NYSE:JCI) last announced its earnings results on Thursday, July 30th. The company reported $1.42 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.12. The company had revenue of $6.61 billion for the quarter, compared to analysts’ expectations of $6.46 billion. Johnson Controls International had a return on equity of 22.11% and a net margin of 14.32%.Johnson Controls International’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same period last year, the firm earned $1.05 EPS. Sell-side analysts forecast that Johnson Controls International will post 5.08 EPS for the current year.

Johnson Controls International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Monday, June 15th were paid a dividend of $0.40 per share. The ex-dividend date was Monday, June 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.0%. Johnson Controls International’s payout ratio is 27.83%.

Insiders Place Their Bets

In related news, VP Todd M. Grabowski sold 1,800 shares of the company’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $146.20, for a total value of $263,160.00. Following the completion of the transaction, the vice president owned 26,215 shares of the company’s stock, valued at approximately $3,832,633. This represents a 6.43% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Lei Zhang Schlitz sold 88,809 shares of the stock in a transaction on Friday, May 8th. The stock was sold at an average price of $140.99, for a total value of $12,521,180.91. Following the completion of the sale, the vice president owned 57,059 shares of the company’s stock, valued at $8,044,748.41. The trade was a 60.88% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 114,026 shares of company stock worth $16,368,781. 0.29% of the stock is owned by corporate insiders.

Institutional Trading of Johnson Controls International

Institutional investors have recently made changes to their positions in the business. Maseco LLP boosted its stake in 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 buying an additional 107 shares during the period. Mcguire Capital Advisors Inc. bought a new stake in shares of Johnson Controls International in the 4th quarter worth about $27,000. Twin Tree Management LP lifted its holdings in shares of Johnson Controls International by 140.9% in the 4th 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 last quarter. YANKCOM Partnership bought a new stake in shares of Johnson Controls International in the 4th quarter worth about $34,000. Finally, Fourth Dimension Wealth LLC boosted its stake in shares of Johnson Controls International by 51.3% during the 2nd quarter. Fourth Dimension Wealth LLC now owns 230 shares of the company’s stock worth $34,000 after purchasing an additional 78 shares during the period. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Johnson Controls International Company Profile

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.