Johnson Controls International (NYSE:JCI – Get Free Report) was upgraded by equities researchers at BNP Paribas Exane to a “strong sell” rating in a research report issued on Tuesday,Zacks.com reports.
Other analysts also recently issued reports about the company. Barclays boosted their target price on Johnson Controls International from $125.00 to $136.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 5th. Robert W. Baird set a $132.00 target price on Johnson Controls International in a research report on Thursday, February 5th. Evercore assumed coverage on Johnson Controls International in a research report on Monday. They set a “hold” rating and a $155.00 target price on the stock. Wolfe Research reduced their price objective on Johnson Controls International from $161.00 to $160.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 8th. Finally, Citigroup upped their price objective on Johnson Controls International from $139.00 to $150.00 and gave the company a “neutral” rating in a research report on Monday. Twelve research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $136.33.
Check Out Our Latest Analysis on Johnson Controls International
Johnson Controls International Stock Down 0.6%
Johnson Controls International (NYSE:JCI – Get Free Report) last posted its earnings results on Wednesday, February 4th. The company reported $0.89 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.05. The company had revenue of $5.80 billion for the quarter, compared to the consensus estimate of $5.64 billion. Johnson Controls International had a return on equity of 17.15% and a net margin of 14.17%.Johnson Controls International’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.64 earnings per share. Johnson Controls International has set its FY 2026 guidance at 4.700-4.700 EPS and its Q2 2026 guidance at 1.110-1.110 EPS. Analysts anticipate that Johnson Controls International will post 3.64 EPS for the current fiscal year.
Insider Buying and Selling
In related news, VP Daniel C. Mcconeghy sold 3,600 shares of the stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $142.56, for a total transaction of $513,216.00. Following the transaction, the vice president directly owned 24,273 shares in the company, valued at approximately $3,460,358.88. This represents a 12.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Mark Vergnano bought 7,665 shares of Johnson Controls International stock in a transaction that occurred on Thursday, February 5th. The shares were acquired at an average price of $131.94 per share, for a total transaction of $1,011,320.10. Following the completion of the transaction, the director directly owned 37,602 shares of the company’s stock, valued at $4,961,207.88. This trade represents a 25.60% increase in their position. The SEC filing for this purchase provides additional information. 0.29% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Johnson Controls International
Large investors have recently modified their holdings of the company. Robeco Institutional Asset Management B.V. raised its holdings in shares of Johnson Controls International by 9.1% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,466,780 shares of the company’s stock worth $161,272,000 after purchasing an additional 122,134 shares during the period. Nordea Investment Management AB raised its holdings in shares of Johnson Controls International by 1,545.8% in the 3rd quarter. Nordea Investment Management AB now owns 2,134,324 shares of the company’s stock worth $232,705,000 after purchasing an additional 2,004,643 shares during the period. Regents Gate Capital LLP raised its holdings in shares of Johnson Controls International by 17.4% in the 3rd quarter. Regents Gate Capital LLP now owns 86,144 shares of the company’s stock worth $9,472,000 after purchasing an additional 12,774 shares during the period. MGO One Seven LLC grew its stake in shares of Johnson Controls International by 573.4% in the third quarter. MGO One Seven LLC now owns 62,624 shares of the company’s stock valued at $6,886,000 after buying an additional 53,325 shares in the last quarter. Finally, Bright Futures Wealth Management LLC. acquired a new stake in shares of Johnson Controls International in the third quarter valued at about $583,000. 90.05% of the stock is currently owned by hedge funds and other institutional investors.
About Johnson Controls International
Johnson Controls International plc is a global diversified technology and multi?industrial company that develops products, services and solutions for buildings and energy storage. The company’s core focus is on improving building efficiency, safety and sustainability through a combination of HVAC equipment, building controls and automation, fire and security systems, and related services. Johnson Controls traces its roots to 1885, when inventor Warren S. Johnson developed an electric room thermostat; over its long history the company has expanded from controls into a broad set of building?related technologies and, through corporate transactions, into a global provider of integrated building solutions.
Johnson Controls’ product and service portfolio includes heating, ventilation and air?conditioning equipment, chillers, air handlers and related mechanical systems, together with building automation and control platforms that monitor and manage energy use, indoor environmental quality and security.
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