Johnson Controls International (NYSE:JCI – Free Report) had its price objective lifted by Barclays from $101.00 to $119.00 in a research report sent to investors on Thursday morning,Benzinga reports. Barclays currently has an equal weight rating on the stock.
Other research analysts have also recently issued reports about the company. Robert W. Baird raised their price objective on Johnson Controls International from $110.00 to $115.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 14th. Weiss Ratings restated a “buy (b)” rating on shares of Johnson Controls International in a research note on Wednesday, October 8th. The Goldman Sachs Group upped their price objective on shares of Johnson Controls International from $119.00 to $124.00 and gave the stock a “buy” rating in a research report on Monday, September 15th. Mizuho boosted their target price on shares of Johnson Controls International from $105.00 to $120.00 and gave the stock a “neutral” rating in a research note on Thursday. Finally, Citigroup upped their price target on shares of Johnson Controls International from $112.00 to $119.00 and gave the stock a “neutral” rating in a research report on Thursday, October 9th. Ten research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, Johnson Controls International presently has a consensus rating of “Moderate Buy” and a consensus target price of $120.72.
Read Our Latest Stock Analysis on JCI
Johnson Controls International Stock Up 0.1%
Johnson Controls International (NYSE:JCI – Get Free Report) last posted its earnings results on Wednesday, November 5th. The company reported $1.26 earnings per share for the quarter, topping analysts’ consensus estimates of $1.20 by $0.06. Johnson Controls International had a return on equity of 14.71% and a net margin of 9.53%.The company had revenue of $6.44 billion during the quarter, compared to analyst estimates of $6.31 billion. During the same quarter in the prior year, the business earned $1.28 earnings per share. Johnson Controls International’s revenue was up 3.1% on a year-over-year basis. Johnson Controls International has set its FY 2026 guidance at 4.550-4.55 EPS. Q1 2026 guidance at 0.830-0.83 EPS. On average, sell-side analysts anticipate that Johnson Controls International will post 3.64 earnings per share for the current year.
Johnson Controls International Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Monday, September 22nd were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Monday, September 22nd. This is a boost from Johnson Controls International’s previous quarterly dividend of $0.37. Johnson Controls International’s dividend payout ratio is presently 47.48%.
Insider Buying and Selling
In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 5,917 shares of Johnson Controls International stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $105.73, for a total transaction 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. This trade represents a 19.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Lei Zhang Schlitz sold 10,500 shares of the business’s stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $122.03, for a total value of $1,281,315.00. Following the completion of the sale, the vice president directly owned 115,220 shares in the company, valued at approximately $14,060,296.60. The trade was a 8.35% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 17,839 shares of company stock worth $2,056,315. Company insiders own 0.54% of the company’s stock.
Institutional Trading of Johnson Controls International
Hedge funds have recently added to or reduced their stakes in the company. Cerity Partners LLC boosted its holdings in shares of Johnson Controls International by 69.8% in the first quarter. Cerity Partners LLC now owns 113,059 shares of the company’s stock valued at $9,057,000 after acquiring an additional 46,459 shares in the last quarter. Yeomans Consulting Group Inc. purchased a new position in Johnson Controls International during the second quarter worth about $304,000. Ethic Inc. lifted its position in Johnson Controls International by 3.5% in the second quarter. Ethic Inc. now owns 112,959 shares of the company’s stock valued at $11,869,000 after purchasing an additional 3,793 shares during the period. Allegiance Financial Group Advisory Services LLC purchased a new stake in Johnson Controls International in the 2nd quarter valued at approximately $284,000. Finally, Asset Management One Co. Ltd. increased its position in Johnson Controls International by 9.7% during the 2nd quarter. Asset Management One Co. Ltd. now owns 297,679 shares of the company’s stock worth $31,441,000 after purchasing an additional 26,333 shares during the period. Institutional investors and hedge funds 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.
Read More
- Five stocks we like better than Johnson Controls International
- How to Invest in Small Cap Stocks
- OpenAI’s Restructuring Sets up What Could Be the Biggest IPO Ever
- What Are Dividend Achievers? An Introduction
- 2 Rare Earth Stocks the U.S. Government Doesn’t Want to Fail
- What Makes a Stock a Good Dividend Stock?
- CrowdStrike Partners With CoreWeave But Investors Sell the News
Receive News & Ratings for Johnson Controls International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Controls International and related companies with MarketBeat.com's FREE daily email newsletter.
