Johnson Controls International (JCI) – Research Analysts’ Recent Ratings Updates

A number of research firms have changed their ratings and price targets for Johnson Controls International (NYSE: JCI):

• 11/13/2024 – Johnson Controls International is now covered by analysts at UBS Group AG. They set a “neutral” rating and a $90.00 price target on the stock.
• 11/12/2024 – Johnson Controls International was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 11/7/2024 – Johnson Controls International had its price target raised by analysts at Royal Bank of Canada from $81.00 to $86.00. They now have a “sector perform” rating on the stock.
• 11/7/2024 – Johnson Controls International had its price target raised by analysts at Wells Fargo & Company from $84.00 to $90.00. They now have an “overweight” rating on the stock.
• 11/7/2024 – Johnson Controls International had its price target raised by analysts at Oppenheimer Holdings Inc. from $86.00 to $87.00. They now have an “outperform” rating on the stock.
• 11/7/2024 – Johnson Controls International had its price target raised by analysts at Robert W. Baird from $80.00 to $85.00. They now have a “neutral” rating on the stock.
• 11/4/2024 – Johnson Controls International was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 10/26/2024 – Johnson Controls International was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 10/18/2024 – Johnson Controls International was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 10/17/2024 – Johnson Controls International had its price target raised by analysts at Mizuho from $62.00 to $75.00. They now have a “neutral” rating on the stock.
• 10/10/2024 – Johnson Controls International was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 10/7/2024 – Johnson Controls International had its price target raised by analysts at Wells Fargo & Company from $80.00 to $84.00. They now have an “overweight” rating on the stock.
• 10/2/2024 – Johnson Controls International had its price target raised by analysts at Oppenheimer Holdings Inc. from $79.00 to $86.00. They now have an “outperform” rating on the stock.
• 10/2/2024 – Johnson Controls International had its price target raised by analysts at Barclays PLC from $62.00 to $64.00. They now have an “equal weight” rating on the stock.
• 9/27/2024 – Johnson Controls International had its price target raised by analysts at Bank of America Co. from $80.00 to $95.00. They now have a “buy” rating on the stock.

Johnson Controls International Stock Down 0.7 %

JCI stock opened at $85.12 on Friday. The stock’s 50 day simple moving average is $76.20 and its 200 day simple moving average is $71.42. Johnson Controls International plc has a fifty-two week low of $51.40 and a fifty-two week 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. The company has a market cap of $56.86 billion, a P/E ratio of 33.51, a price-to-earnings-growth ratio of 2.38 and a beta of 1.29.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th were given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.74%. The ex-dividend date of this dividend was Wednesday, September 25th. Johnson Controls International’s payout ratio is presently 58.27%.

Insider Buying and Selling

In related news, COO Nathan D. Manning sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $77.08, for a total transaction of $231,240.00. Following the transaction, the chief operating officer now directly owns 140,488 shares of the company’s stock, valued at $10,828,815.04. This trade represents a 2.09 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO George Oliver sold 110,615 shares of the business’s stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $76.79, for a total transaction of $8,494,125.85. Following the transaction, the chief executive officer now owns 1,243,751 shares in the company, valued at approximately $95,507,639.29. This trade represents a 8.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 226,141 shares of company stock worth $16,904,519 in the last quarter. Insiders own 0.69% of the company’s stock.

Institutional Investors Weigh In On Johnson Controls International

Large investors have recently made changes to their positions in the business. M&G Plc bought a new stake in shares of Johnson Controls International in the 1st quarter worth approximately $120,948,000. Cetera Investment Advisers raised its stake in shares of Johnson Controls International by 470.9% in the first quarter. Cetera Investment Advisers now owns 157,980 shares of the company’s stock valued at $10,319,000 after buying an additional 130,308 shares during the period. Epoch Investment Partners Inc. lifted its position in shares of Johnson Controls International by 0.9% during the 1st quarter. Epoch Investment Partners Inc. now owns 1,129,418 shares of the company’s stock valued at $73,774,000 after buying an additional 10,146 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of Johnson Controls International during the 3rd quarter worth $7,692,000. Finally, Orion Portfolio Solutions LLC increased its stake in shares of Johnson Controls International by 15.8% in the first quarter. Orion Portfolio Solutions LLC now owns 27,191 shares of the company’s stock worth $1,776,000 after purchasing an additional 3,717 shares in the last quarter. 90.05% of the stock is owned by hedge funds and other institutional investors.

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.