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

Shares of Johnson Controls International plc (NYSE:JCI) have earned an average rating of “Hold” from the sixteen analysts that are currently covering the company, Marketbeat Ratings reports. Nine investment analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $82.53.

JCI has been the topic of several recent analyst reports. Argus raised shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 target price on the stock in a report on Friday, December 20th. StockNews.com lowered Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th. Wells Fargo & Company lowered their target price on shares of Johnson Controls International from $95.00 to $92.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Oppenheimer raised their price objective on shares of Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. Finally, JPMorgan Chase & Co. reduced their price objective on Johnson Controls International from $88.00 to $87.00 and set an “overweight” rating for the company in a research note on Wednesday, January 15th.

Johnson Controls International Stock Performance

Shares of JCI opened at $81.65 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.79. Johnson Controls International has a one year low of $52.02 and a one year high of $87.16. The firm has a 50-day moving average of $81.62 and a 200-day moving average of $76.22. The company has a market cap of $53.90 billion, a PE ratio of 32.14, a price-to-earnings-growth ratio of 2.35 and a beta of 1.32.

Johnson Controls International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date of this dividend was Monday, December 23rd. Johnson Controls International’s dividend payout ratio (DPR) is 58.27%.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, EVP Marlon Sullivan sold 7,230 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $83.35, for a total value of $602,620.50. Following the sale, the executive vice president now directly owns 32,246 shares of the company’s stock, valued at approximately $2,687,704.10. This trade represents a 18.31 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO George Oliver sold 110,616 shares of the stock in a transaction on Friday, November 15th. The shares were sold at an average price of $84.60, for a total transaction of $9,358,113.60. Following the transaction, the chief executive officer now directly owns 1,244,617 shares in the company, valued at approximately $105,294,598.20. The trade was a 8.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 647,787 shares of company stock valued at $53,972,452 over the last 90 days. Insiders own 0.69% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of JCI. Metis Global Partners LLC lifted its position in shares of Johnson Controls International by 0.4% during the third quarter. Metis Global Partners LLC now owns 28,446 shares of the company’s stock worth $2,208,000 after purchasing an additional 127 shares in the last quarter. Gilbert & Cook Inc. grew its position in shares of Johnson Controls International by 2.0% during the fourth quarter. Gilbert & Cook Inc. now owns 6,458 shares of the company’s stock worth $510,000 after acquiring an additional 127 shares during the last quarter. Graypoint LLC raised its holdings in shares of Johnson Controls International by 4.1% in the fourth quarter. Graypoint LLC now owns 3,277 shares of the company’s stock valued at $259,000 after buying an additional 130 shares during the last quarter. ST Germain D J Co. Inc. grew its stake in shares of Johnson Controls International by 32.8% in the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock valued at $43,000 after purchasing an additional 134 shares during the last quarter. Finally, Brooklyn Investment Group increased its stake in Johnson Controls International by 3.1% in the 4th quarter. Brooklyn Investment Group now owns 4,444 shares of the company’s stock valued at $351,000 after buying an additional 135 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.