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

Shares of Johnson Controls International plc (NYSE:JCI) have been given a consensus rating of “Hold” by the fourteen research firms that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $64.50.

Several equities research analysts have recently weighed in on the company. HSBC cut Johnson Controls International from a “buy” rating to a “hold” rating and set a $60.00 price objective for the company. in a research report on Wednesday, January 31st. StockNews.com lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Thursday, January 25th. Citigroup increased their target price on shares of Johnson Controls International from $59.00 to $68.00 and gave the company a “neutral” rating in a research note on Monday, April 8th. Argus lowered Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Tuesday, February 20th. Finally, Oppenheimer raised their price objective on Johnson Controls International from $66.00 to $71.00 and gave the stock an “outperform” rating in a research report on Thursday, April 18th.

Institutional Trading of Johnson Controls International

Large investors have recently added to or reduced their stakes in the company. M. Kulyk & Associates LLC lifted its position in Johnson Controls International by 2.6% during the 3rd quarter. M. Kulyk & Associates LLC now owns 92,945 shares of the company’s stock worth $4,946,000 after buying an additional 2,336 shares in the last quarter. RPG Investment Advisory LLC raised its position in shares of Johnson Controls International by 19.3% during the fourth quarter. RPG Investment Advisory LLC now owns 196,559 shares of the company’s stock worth $11,330,000 after acquiring an additional 31,759 shares during the last quarter. Quantbot Technologies LP lifted its position in Johnson Controls International by 249.8% during the 3rd quarter. Quantbot Technologies LP now owns 23,934 shares of the company’s stock valued at $1,274,000 after purchasing an additional 17,091 shares during the period. ANTIPODES PARTNERS Ltd boosted its stake in Johnson Controls International by 89.4% in the fourth quarter. ANTIPODES PARTNERS Ltd now owns 253,859 shares of the company’s stock valued at $14,632,000 after acquiring an additional 119,844 shares during the last quarter. Finally, Wealthspire Advisors LLC raised its position in shares of Johnson Controls International by 47.6% during the 3rd quarter. Wealthspire Advisors LLC now owns 4,595 shares of the company’s stock valued at $244,000 after acquiring an additional 1,481 shares during the last quarter. 90.05% of the stock is owned by institutional investors.

Johnson Controls International Stock Down 0.2 %

JCI stock opened at $64.45 on Friday. The stock has a market capitalization of $43.92 billion, a price-to-earnings ratio of 20.99, a price-to-earnings-growth ratio of 1.64 and a beta of 1.24. The company has a 50-day moving average of $62.63 and a two-hundred day moving average of $56.78. Johnson Controls International has a 52-week low of $47.90 and a 52-week high of $70.43. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.97 and a quick ratio of 0.73.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Tuesday, January 30th. The company reported $0.51 earnings per share for the quarter, hitting the consensus estimate of $0.51. The business had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.94 billion. Johnson Controls International had a return on equity of 13.08% and a net margin of 7.85%. The firm’s revenue was up .4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.67 EPS. As a group, equities research analysts anticipate that Johnson Controls International will post 3.61 EPS for the current year.

Johnson Controls International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 19th. Stockholders of record on Monday, March 25th were paid a $0.37 dividend. The ex-dividend date was Friday, March 22nd. This represents a $1.48 annualized dividend and a dividend yield of 2.30%. Johnson Controls International’s dividend payout ratio is presently 48.21%.

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.