Johnson Controls International (NYSE:JCI) Price Target Raised to $135.00 at Wells Fargo & Company

Johnson Controls International (NYSE:JCI) had its price objective upped by Wells Fargo & Company from $130.00 to $135.00 in a research note published on Thursday morning,Benzinga reports. They currently have an overweight rating on the stock.

Several other research firms have also commented on JCI. Morgan Stanley lifted their price objective on shares of Johnson Controls International from $115.00 to $125.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Zacks Research raised shares of Johnson Controls International to a “hold” rating in a research note on Monday, August 11th. Robert W. Baird upped their price target on shares of Johnson Controls International from $110.00 to $115.00 and gave the company a “neutral” rating in a report on Tuesday, October 14th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Johnson Controls International from $124.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, October 2nd. Finally, Royal Bank Of Canada upped their target price on Johnson Controls International from $114.00 to $116.00 and gave the company a “sector perform” rating in a research note on Thursday, October 16th. Ten analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $117.56.

Johnson Controls International Trading Up 1.2%

JCI stock opened at $122.25 on Thursday. The firm has a fifty day moving average price of $109.32 and a 200 day moving average price of $103.86. Johnson Controls International has a fifty-two week low of $68.03 and a fifty-two week high of $123.37. The firm has a market cap of $80.00 billion, a PE ratio of 36.28, a price-to-earnings-growth ratio of 1.70 and a beta of 1.36. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.81 and a current ratio of 0.96.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $1.26 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.06. The firm had revenue of $6.44 billion during the quarter, compared to the consensus estimate of $6.31 billion. Johnson Controls International had a net margin of 9.53% and a return on equity of 14.71%. The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter last year, the firm earned $1.28 EPS. Johnson Controls International has set its FY 2026 guidance at 4.550-4.55 EPS. Q1 2026 guidance at 0.830-0.83 EPS. Sell-side analysts anticipate that Johnson Controls International will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Monday, September 22nd were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.3%. The ex-dividend date was Monday, September 22nd. This is an increase from Johnson Controls International’s previous quarterly dividend of $0.37. Johnson Controls International’s dividend payout ratio (DPR) is 47.48%.

Insiders Place Their Bets

In related news, VP Daniel C. Mcconeghy sold 5,917 shares of Johnson Controls International stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $105.73, for a total value of $625,604.41. Following the completion of the sale, the vice president directly owned 25,005 shares in the company, valued at $2,643,778.65. The trade was a 19.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Nathan D. Manning sold 1,422 shares of the company’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $105.06, for a total transaction of $149,395.32. Following the completion of the sale, the vice president directly owned 139,459 shares of the company’s stock, valued at approximately $14,651,562.54. This trade represents a 1.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.54% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in JCI. Norges Bank purchased a new position in Johnson Controls International during the second quarter valued at approximately $795,325,000. Nuveen LLC bought a new stake in Johnson Controls International during the 1st quarter valued at $219,110,000. Ameriprise Financial Inc. increased its holdings in shares of Johnson Controls International by 140.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,575,414 shares of the company’s stock valued at $483,281,000 after acquiring an additional 2,675,157 shares during the period. Nordea Investment Management AB increased its holdings in shares of Johnson Controls International by 1,545.8% in the 3rd quarter. Nordea Investment Management AB now owns 2,134,324 shares of the company’s stock valued at $232,705,000 after acquiring an additional 2,004,643 shares during the period. Finally, AQR Capital Management LLC raised its position in shares of Johnson Controls International by 747.6% in the 1st quarter. AQR Capital Management LLC now owns 2,034,060 shares of the company’s stock worth $159,186,000 after acquiring an additional 1,794,089 shares in the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.

About Johnson Controls International

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.