Johnson Controls International plc (NYSE:JCI) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Johnson Controls International plc (NYSE:JCI) have been assigned an average recommendation of “Moderate Buy” from the fifteen research firms that are covering the stock, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $91.27.

JCI has been the topic of several research reports. UBS Group raised Johnson Controls International from a “neutral” rating to a “buy” rating and raised their price objective for the company from $90.00 to $103.00 in a research report on Monday, February 10th. Melius downgraded Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 target price for the company. in a research note on Tuesday, January 28th. Citigroup lowered their target price on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a research note on Monday, January 13th. Royal Bank of Canada raised their target price on Johnson Controls International from $86.00 to $93.00 and gave the company a “sector perform” rating in a research note on Thursday, February 6th. Finally, Argus upgraded Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 target price for the company in a research note on Friday, December 20th.

Johnson Controls International Trading Down 0.6 %

NYSE:JCI opened at $82.64 on Monday. The business’s 50-day moving average is $82.70 and its two-hundred day moving average is $80.17. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. Johnson Controls International has a 12 month low of $59.83 and a 12 month high of $91.14. The firm has a market capitalization of $54.55 billion, a PE ratio of 31.54, a price-to-earnings-growth ratio of 1.96 and a beta of 1.32.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.59 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. Research analysts predict that Johnson Controls International will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 24th will be paid a $0.37 dividend. The ex-dividend date of this dividend is Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a yield of 1.79%. Johnson Controls International’s dividend payout ratio (DPR) is 56.49%.

Insider Buying and Selling

In other Johnson Controls International news, Director George Oliver sold 15,669 shares of Johnson Controls International stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $77.49, for a total value of $1,214,190.81. Following the completion of the transaction, the director now directly owns 1,003,893 shares in the company, valued at $77,791,668.57. The trade was a 1.54 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Daniel C. Mcconeghy sold 1,950 shares of Johnson Controls International stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $87.73, for a total value of $171,073.50. Following the completion of the transaction, the vice president now owns 24,803 shares of the company’s stock, valued at approximately $2,175,967.19. The trade was a 7.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 905,864 shares of company stock worth $77,824,710. Corporate insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On Johnson Controls International

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Compass Financial Services Inc acquired a new position in Johnson Controls International in the fourth quarter valued at approximately $26,000. SBI Securities Co. Ltd. acquired a new position in Johnson Controls International in the fourth quarter valued at approximately $29,000. Synergy Asset Management LLC bought a new stake in shares of Johnson Controls International during the fourth quarter valued at approximately $42,000. Crowley Wealth Management Inc. bought a new stake in shares of Johnson Controls International during the fourth quarter valued at approximately $42,000. Finally, ST Germain D J Co. Inc. raised its holdings in shares of Johnson Controls International by 32.8% during the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock valued at $43,000 after buying an additional 134 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

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.