Johnson Controls International plc Ordinary Share (NYSE:JCI) has earned an average rating of “Hold” from the twenty-four research firms that are currently covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and ten have issued a buy rating on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $47.77.

JCI has been the subject of a number of research analyst reports. BidaskClub downgraded shares of 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 raised shares of Johnson Controls International plc Ordinary Share from a “sell” rating to a “hold” rating in a report on Monday, September 11th. UBS downgraded shares of Johnson Controls International plc Ordinary Share from a “positive” rating to a “neutral” rating in a report on Wednesday, November 15th. Oppenheimer reissued a “buy” rating and issued 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 reissued a “buy” rating and issued a $48.00 price target on shares of Johnson Controls International plc Ordinary Share in a report on Wednesday, September 27th.

Johnson Controls International plc Ordinary Share (NYSE:JCI) traded down $0.59 during mid-day trading on Thursday, reaching $37.66. 5,143,600 shares of the company traded hands, compared to its average volume of 5,197,560. The firm has a market capitalization of $35,397.89, a P/E ratio of 14.65, a P/E/G ratio of 1.04 and a beta of 0.90. Johnson Controls International plc Ordinary Share has a 1-year low of $34.51 and a 1-year high of $44.70. The company has a quick ratio of 0.77, a current ratio of 1.04 and a debt-to-equity ratio of 0.56.

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 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.87. Johnson Controls International plc Ordinary Share had a net margin of 6.32% and a return on equity of 11.91%. The company had revenue of $8.14 billion during the quarter, compared to the consensus estimate of $8.10 billion. During the same period in the prior year, the company earned $1.21 EPS. Johnson Controls International plc Ordinary Share’s revenue was up 30.1% on a year-over-year basis. sell-side analysts expect that Johnson Controls International plc Ordinary Share will post 2.78 EPS for the current fiscal year.

Johnson Controls International plc Ordinary Share announced that its board has approved a share repurchase plan on Thursday, December 7th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the auto parts company to purchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Monday, December 18th will be paid a dividend of $0.26 per share. The ex-dividend date is Friday, December 15th. This is a positive change from Johnson Controls International plc Ordinary Share’s previous quarterly dividend of $0.25. This represents a $1.04 dividend on an annualized basis and a yield of 2.76%. Johnson Controls International plc Ordinary Share’s dividend payout ratio is currently 49.26%.

In other Johnson Controls International plc Ordinary Share news, CEO George Oliver bought 27,300 shares of the company’s stock in a transaction dated Friday, November 24th. The shares were bought at an average price of $36.80 per share, for a total transaction of $1,004,640.00. Following the acquisition, the chief executive officer now directly owns 634,732 shares of the company’s stock, valued at $23,358,137.60. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Jeffrey M. Williams sold 1,955 shares of the company’s stock in a transaction dated Wednesday, October 11th. The shares were sold at an average price of $41.43, for a total value of $80,995.65. The disclosure for this sale can be found here. 0.48% of the stock is currently owned by corporate insiders.

Institutional investors and hedge funds have recently modified their holdings of the company. Bessemer Group Inc. increased its holdings in shares of Johnson Controls International plc Ordinary Share by 5.5% in the 2nd quarter. Bessemer Group Inc. now owns 2,550 shares of the auto parts company’s stock valued at $110,000 after purchasing an additional 133 shares during the period. Harfst & Associates Inc. increased its holdings in shares of Johnson Controls International plc Ordinary Share by 16.9% in the 2nd quarter. Harfst & Associates Inc. now owns 2,691 shares of the auto parts company’s stock valued at $116,000 after purchasing an additional 389 shares during the period. Perigon Wealth Management LLC increased its holdings in shares of Johnson Controls International plc Ordinary Share by 171.7% in the 2nd quarter. Perigon Wealth Management LLC now owns 2,663 shares of the auto parts company’s stock valued at $116,000 after purchasing an additional 1,683 shares during the period. Archford Capital Strategies LLC increased its holdings in shares of Johnson Controls International plc Ordinary Share by 5,344.7% in the 2nd quarter. Archford Capital Strategies LLC now owns 8,167 shares of the auto parts company’s stock valued at $124,000 after purchasing an additional 8,017 shares during the period. Finally, Balentine LLC increased its holdings in shares of Johnson Controls International plc Ordinary Share by 82.0% in the 3rd quarter. Balentine LLC now owns 3,307 shares of the auto parts company’s stock valued at $133,000 after purchasing an additional 1,490 shares during the period. 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.

Analyst Recommendations for Johnson Controls International plc Ordinary Share (NYSE:JCI)

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