Johnson Controls International (NYSE:JCI) Sets New 12-Month High – What’s Next?

Johnson Controls International plc (NYSE:JCI)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $151.18 and last traded at $151.46, with a volume of 753088 shares trading hands. The stock had previously closed at $146.39.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Royal Bank Of Canada lifted their target price on shares of Johnson Controls International from $154.00 to $161.00 and gave the stock a “sector perform” rating in a research report on Thursday, July 30th. Zacks Research upgraded Johnson Controls International from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 25th. Wolfe Research reiterated an “outperform” rating and set a $171.00 price target on shares of Johnson Controls International in a research note on Wednesday, June 3rd. UBS Group reaffirmed a “buy” rating on shares of Johnson Controls International in a report on Thursday. Finally, Evercore initiated coverage on Johnson Controls International in a report on Monday, April 13th. They set a “hold” rating and a $155.00 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Johnson Controls International presently has a consensus rating of “Moderate Buy” and an average target price of $153.30.

Johnson Controls International Stock Performance

The company has a debt-to-equity ratio of 0.61, a current ratio of 1.00 and a quick ratio of 0.83. The stock has a market capitalization of $92.97 billion, a PE ratio of 26.67, a PEG ratio of 1.52 and a beta of 1.31. The business has a 50 day moving average price of $142.61 and a 200 day moving average price of $137.46.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.12. Johnson Controls International had a net margin of 14.32% and a return on equity of 22.11%. The firm had revenue of $6.61 billion for the quarter, compared to the consensus estimate of $6.46 billion. During the same quarter last year, the firm posted $1.05 EPS. The business’s quarterly revenue was up 9.3% compared to the same quarter last year. Johnson Controls International has set its Q4 2026 guidance at 1.550-1.550 EPS and its FY 2026 guidance at 5.050-5.050 EPS. As a group, equities research analysts expect that Johnson Controls International plc will post 5.08 earnings per share for the current year.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Monday, June 15th were given a dividend of $0.40 per share. The ex-dividend date was Monday, June 15th. This represents a $1.60 dividend on an annualized basis and a yield of 1.0%. Johnson Controls International’s payout ratio is 27.83%.

Insider Transactions at Johnson Controls International

In related news, VP Todd M. Grabowski sold 1,800 shares of the business’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $146.20, for a total transaction of $263,160.00. Following the completion of the transaction, the vice president owned 26,215 shares in the company, valued at $3,832,633. The trade was a 6.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Lei Zhang Schlitz sold 88,809 shares of the business’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $140.99, for a total transaction of $12,521,180.91. Following the completion of the sale, the vice president directly owned 57,059 shares of the company’s stock, valued at approximately $8,044,748.41. This trade represents a 60.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.29% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Johnson Controls International

Several institutional investors have recently made changes to their positions in JCI. State Street Corp raised its holdings in shares of Johnson Controls International by 0.6% in the 3rd quarter. State Street Corp now owns 28,684,645 shares of the company’s stock valued at $3,165,286,000 after purchasing an additional 163,167 shares in the last quarter. Franklin Resources Inc. grew its stake in Johnson Controls International by 3.3% during the 4th quarter. Franklin Resources Inc. now owns 22,655,105 shares of the company’s stock worth $2,712,949,000 after buying an additional 718,245 shares during the last quarter. Fisher Asset Management LLC grew its stake in shares of Johnson Controls International by 1.7% during the fourth quarter. Fisher Asset Management LLC now owns 17,239,953 shares of the company’s stock worth $2,064,485,000 after acquiring an additional 280,704 shares during the last quarter. Invesco Ltd. lifted its stake in shares of Johnson Controls International by 13.0% during the fourth quarter. Invesco Ltd. now owns 16,003,486 shares of the company’s stock worth $1,916,417,000 after buying an additional 1,837,220 shares during the period. Finally, Norges Bank purchased a new position in Johnson Controls International in the 4th quarter worth $927,739,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.

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.