Johnson Controls International (NYSE:JCI – Free Report) had its target price raised by JPMorgan Chase & Co. from $158.00 to $162.00 in a research report released on Thursday morning,MarketScreener reports.
Other equities research analysts have also issued research reports about the company. Robert W. Baird upped their target price on Johnson Controls International from $132.00 to $148.00 and gave the company a “neutral” rating in a research report on Monday, April 27th. Mizuho raised their price target on shares of Johnson Controls International from $130.00 to $140.00 and gave the stock a “neutral” rating in a research report on Thursday. Melius Research set a $148.00 price objective on shares of Johnson Controls International in a research note on Wednesday, January 7th. Morgan Stanley upped their price objective on shares of Johnson Controls International from $130.00 to $140.00 and gave the company an “overweight” rating in a report on Wednesday, March 11th. Finally, Rothschild & Co Redburn raised their target price on shares of Johnson Controls International from $137.00 to $150.00 and gave the stock a “buy” rating in a report on Monday, February 9th. Eleven equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $147.63.
Check Out Our Latest Analysis on Johnson Controls International
Johnson Controls International Stock Performance
Johnson Controls International (NYSE:JCI – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $1.19 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.07. The business had revenue of $6.14 billion for the quarter, compared to the consensus estimate of $6.08 billion. Johnson Controls International had a return on equity of 19.50% and a net margin of 14.45%.The company’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.82 EPS. Johnson Controls International has set its Q3 2026 guidance at 1.280-1.280 EPS and its FY 2026 guidance at 4.850-4.850 EPS. As a group, equities research analysts anticipate that Johnson Controls International will post 4.75 EPS for the current year.
Johnson Controls International Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Monday, March 16th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Monday, March 16th. Johnson Controls International’s dividend payout ratio (DPR) is presently 30.13%.
Insider Activity at Johnson Controls International
In other news, VP Daniel C. Mcconeghy sold 3,600 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $142.56, for a total transaction of $513,216.00. Following the completion of the transaction, the vice president directly owned 24,273 shares of the company’s stock, valued at $3,460,358.88. This represents a 12.92% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 0.29% of the stock is owned by company insiders.
Institutional Investors Weigh In On Johnson Controls International
Several institutional investors and hedge funds have recently added to or reduced their stakes in JCI. Oslo Pensjonsforsikring AS acquired a new stake in shares of Johnson Controls International during the 1st quarter worth approximately $299,000. Baader Bank Aktiengesellschaft acquired a new position in Johnson Controls International in the first quarter valued at approximately $397,000. Andra AP fonden grew its position in Johnson Controls International by 192.6% in the first quarter. Andra AP fonden now owns 147,076 shares of the company’s stock worth $19,260,000 after acquiring an additional 96,813 shares during the period. Wilkerson Advisory Group LLC increased its stake in Johnson Controls International by 13.4% during the first quarter. Wilkerson Advisory Group LLC now owns 865 shares of the company’s stock worth $113,000 after acquiring an additional 102 shares during the last quarter. Finally, DUTCH ASSET Corp acquired a new stake in Johnson Controls International during the first quarter worth $219,000. 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.
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