Johnson Controls International plc Ordinary Share (NYSE:JCI) was downgraded by investment analysts at Goldman Sachs Group from a “neutral” rating to a “sell” rating in a research note issued on Thursday, The Fly reports.

A number of other brokerages have also commented on JCI. BidaskClub lowered Johnson Controls International plc Ordinary Share from a “sell” rating to a “strong sell” rating in a report on Friday, August 18th. Zacks Investment Research upgraded Johnson Controls International plc Ordinary Share from a “sell” rating to a “hold” rating in a report on Monday, September 11th. UBS lowered Johnson Controls International plc Ordinary Share from a “positive” rating to a “neutral” rating in a report on Wednesday, November 15th. Oppenheimer reiterated a “buy” rating and set a $50.00 price target (down from $52.00) on shares of Johnson Controls International plc Ordinary Share in a report on Tuesday, October 31st. Finally, Cowen reiterated a “buy” rating and set a $48.00 price target on shares of Johnson Controls International plc Ordinary Share in a report on Wednesday, September 27th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and ten have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $47.79.

Johnson Controls International plc Ordinary Share (NYSE JCI) traded up $0.12 on Thursday, reaching $37.36. The company had a trading volume of 5,506,456 shares, compared to its average volume of 5,186,424. Johnson Controls International plc Ordinary Share has a 12-month low of $34.51 and a 12-month high of $44.70. The company has a current ratio of 1.04, a quick ratio of 0.77 and a debt-to-equity ratio of 0.56. The firm has a market cap of $34,361.40, a price-to-earnings ratio of 14.23, a P/E/G ratio of 1.00 and a beta of 0.90.

Johnson Controls International plc Ordinary Share (NYSE:JCI) last issued its quarterly earnings results on Thursday, November 9th. The auto parts company reported $0.87 EPS for the quarter, hitting analysts’ consensus estimates of $0.87. Johnson Controls International plc Ordinary Share had a return on equity of 11.91% and a net margin of 6.32%. The company had revenue of $8.14 billion during the quarter, compared to analyst estimates of $8.10 billion. During the same period in the previous year, the company earned $1.21 earnings per share. The company’s quarterly revenue was up 30.1% compared to the same quarter last year. research analysts expect that Johnson Controls International plc Ordinary Share will post 2.8 EPS for the current year.

In related news, VP William C. Jackson purchased 20,000 shares of the stock in a transaction on Tuesday, November 21st. The shares were purchased at an average cost of $36.00 per share, for a total transaction of $720,000.00. Following the completion of the transaction, the vice president now directly owns 286,842 shares of the company’s stock, valued at approximately $10,326,312. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO George Oliver purchased 27,300 shares of the stock in a transaction on Friday, November 24th. The stock was bought at an average price of $36.80 per share, for a total transaction of $1,004,640.00. Following the completion of the transaction, the chief executive officer now directly owns 634,732 shares of the company’s stock, valued at $23,358,137.60. The disclosure for this purchase can be found here. Insiders own 0.48% of the company’s stock.

A number of large investors have recently made changes to their positions in the business. FNY Managed Accounts LLC acquired a new position in Johnson Controls International plc Ordinary Share in the first quarter worth $100,000. Oakworth Capital Inc. boosted its stake in Johnson Controls International plc Ordinary Share by 159.6% in the second quarter. Oakworth Capital Inc. now owns 2,440 shares of the auto parts company’s stock worth $108,000 after purchasing an additional 1,500 shares in the last quarter. Bessemer Group Inc. boosted its stake in Johnson Controls International plc Ordinary Share by 5.5% in the second quarter. Bessemer Group Inc. now owns 2,550 shares of the auto parts company’s stock worth $110,000 after purchasing an additional 133 shares in the last quarter. Signaturefd LLC boosted its stake in Johnson Controls International plc Ordinary Share by 13.7% in the second quarter. Signaturefd LLC now owns 2,601 shares of the auto parts company’s stock worth $115,000 after purchasing an additional 313 shares in the last quarter. Finally, Harfst & Associates Inc. boosted its stake in Johnson Controls International plc Ordinary Share by 16.9% in the second quarter. Harfst & Associates Inc. now owns 2,691 shares of the auto parts company’s stock worth $116,000 after purchasing an additional 389 shares in the last quarter. Hedge funds and other institutional investors own 89.92% of the company’s stock.

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About Johnson Controls International plc Ordinary Share

Johnson Controls, Inc is a technology company. The Company provides products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles, and seating and interior systems for automobiles. The Company operates in two segments: Building Efficiency and Power Solutions.

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