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

Johnson Controls International plc (NYSE:JCI) has been given a consensus recommendation of “Hold” by the sixteen brokerages that are currently covering the stock, Marketbeat.com reports. Nine analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $82.53.

Several research analysts recently weighed in on JCI shares. Royal Bank of Canada increased their target price on Johnson Controls International from $81.00 to $86.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 7th. Wells Fargo & Company reduced their price target on Johnson Controls International from $95.00 to $92.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Mizuho upped their target price on shares of Johnson Controls International from $62.00 to $75.00 and gave the company a “neutral” rating in a research note on Thursday, October 17th. Barclays boosted their target price on shares of Johnson Controls International from $75.00 to $83.00 and gave the company an “equal weight” rating in a research note on Thursday, December 5th. Finally, Robert W. Baird raised their price target on Johnson Controls International from $80.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th.

Insider Buying and Selling at Johnson Controls International

In other news, EVP Marlon Sullivan sold 7,230 shares of the business’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 transaction of $602,620.50. Following the completion of the sale, the executive vice president now owns 32,246 shares in the company, valued at $2,687,704.10. The trade was a 18.31 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO George Oliver sold 224,152 shares of the stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $82.72, for a total transaction of $18,541,853.44. Following the transaction, the chief executive officer now owns 1,166,992 shares in the company, valued at approximately $96,533,578.24. The trade was a 16.11 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 647,787 shares of company stock worth $53,972,452 over the last ninety days. 0.69% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in JCI. Metis Global Partners LLC increased its holdings 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 buying an additional 127 shares in the last quarter. Gilbert & Cook Inc. increased 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 buying an additional 127 shares during the period. Graypoint LLC lifted its stake in shares of Johnson Controls International by 4.1% in the 4th quarter. Graypoint LLC now owns 3,277 shares of the company’s stock valued at $259,000 after purchasing an additional 130 shares during the period. ST Germain D J Co. Inc. grew its position in shares of Johnson Controls International by 32.8% during the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock worth $43,000 after buying an additional 134 shares during the period. Finally, Brooklyn Investment Group raised its holdings in shares of Johnson Controls International by 3.1% during the fourth quarter. Brooklyn Investment Group now owns 4,444 shares of the company’s stock valued at $351,000 after purchasing an additional 135 shares during the period. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Trading Down 0.5 %

Johnson Controls International stock opened at $81.65 on Friday. The stock has a 50-day moving average price of $81.62 and a 200 day moving average price of $76.22. The company has a current ratio of 0.94, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46. The stock has a market cap of $53.90 billion, a PE ratio of 32.14, a P/E/G ratio of 2.35 and a beta of 1.32. Johnson Controls International has a 52 week low of $52.02 and a 52 week high of $87.16.

Johnson Controls International Announces Dividend

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

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.