Johnson Controls International plc (NYSE:JCI) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Johnson Controls International plc (NYSE:JCI) have been given a consensus recommendation of “Hold” by the fifteen research firms that are presently covering the firm, Marketbeat Ratings reports. Ten analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $80.38.

Several analysts recently commented on JCI shares. Bank of America raised their price objective on Johnson Controls International from $80.00 to $95.00 and gave the stock a “buy” rating in a research note on Friday, September 27th. Royal Bank of Canada lifted their price objective on Johnson Controls International from $81.00 to $86.00 and gave the company a “sector perform” rating in a report on Thursday, November 7th. StockNews.com cut Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Wednesday, November 20th. Robert W. Baird raised their target price on shares of Johnson Controls International from $80.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Finally, Mizuho upped their price target on shares of Johnson Controls International from $62.00 to $75.00 and gave the company a “neutral” rating in a report on Thursday, October 17th.

Johnson Controls International Trading Down 0.8 %

JCI opened at $82.63 on Friday. The firm’s fifty day moving average is $80.60 and its two-hundred day moving average is $73.88. The firm has a market cap of $54.72 billion, a PE ratio of 32.53, a price-to-earnings-growth ratio of 2.35 and a beta of 1.31. Johnson Controls International has a twelve month low of $51.71 and a twelve month high of $87.16. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 0.94.

Johnson Controls International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Monday, December 23rd will be issued a dividend of $0.37 per share. The ex-dividend date of this dividend is Monday, December 23rd. This represents a $1.48 annualized dividend and a yield of 1.79%. Johnson Controls International’s payout ratio is presently 58.27%.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, COO Nathan D. Manning sold 3,000 shares of the stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $77.08, for a total value of $231,240.00. Following the completion of the sale, the chief operating officer now owns 140,488 shares in the company, valued at $10,828,815.04. This trade represents a 2.09 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Marlon Sullivan sold 7,230 shares of the business’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $83.35, for a total transaction of $602,620.50. Following the transaction, the executive vice president now owns 32,246 shares in the company, valued at $2,687,704.10. This represents a 18.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 872,389 shares of company stock worth $70,763,920 over the last ninety days. 0.69% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Johnson Controls International

Hedge funds and other institutional investors have recently bought and sold shares of the business. B. Riley Wealth Advisors Inc. lifted its position in shares of Johnson Controls International by 12.8% in the third quarter. B. Riley Wealth Advisors Inc. now owns 20,857 shares of the company’s stock valued at $1,615,000 after buying an additional 2,366 shares during the last quarter. Inspire Trust Co. N.A. lifted its holdings in Johnson Controls International by 34.8% during the 3rd quarter. Inspire Trust Co. N.A. now owns 62,000 shares of the company’s stock valued at $4,812,000 after purchasing an additional 16,000 shares during the last quarter. Peapack Gladstone Financial Corp lifted its holdings in Johnson Controls International by 8.6% during the 3rd quarter. Peapack Gladstone Financial Corp now owns 9,669 shares of the company’s stock valued at $751,000 after purchasing an additional 763 shares during the last quarter. Wilmington Savings Fund Society FSB boosted its position in Johnson Controls International by 27.6% during the third quarter. Wilmington Savings Fund Society FSB now owns 223,989 shares of the company’s stock worth $17,384,000 after purchasing an additional 48,416 shares during the period. Finally, Sfmg LLC acquired a new position in shares of Johnson Controls International in the third quarter valued at $210,000. Institutional investors own 90.05% of the company’s stock.

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.