Johnson Controls International (NYSE:JCI) Upgraded to Strong Sell at BNP Paribas Exane

BNP Paribas Exane upgraded shares of Johnson Controls International (NYSE:JCI) to a strong sell rating in a research report sent to investors on Tuesday, MarketBeat Ratings reports. They currently have $120.00 price target on the stock.

Other research analysts also recently issued research reports about the stock. Wolfe Research lowered their price objective on shares of Johnson Controls International from $161.00 to $160.00 and set an “outperform” rating on the stock in a report on Wednesday, April 8th. Rothschild & Co Redburn upped their price objective 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. JPMorgan Chase & Co. upped their price objective on shares of Johnson Controls International from $138.00 to $158.00 and gave the stock an “overweight” rating in a report on Friday, February 6th. Evercore began coverage on shares of Johnson Controls International in a report on Monday. They set a “hold” rating and a $155.00 price objective on the stock. Finally, Morgan Stanley upped their price objective on shares of Johnson Controls International from $130.00 to $140.00 and gave the stock an “overweight” rating in a report on Wednesday, March 11th. Twelve investment 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. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $136.33.

Johnson Controls International Stock Down 0.6%

Johnson Controls International stock opened at $142.00 on Tuesday. The company has a quick ratio of 0.81, a current ratio of 0.99 and a debt-to-equity ratio of 0.66. Johnson Controls International has a 12-month low of $73.55 and a 12-month high of $146.49. The firm’s fifty day moving average is $136.87 and its 200 day moving average is $122.74. The company has a market capitalization of $86.91 billion, a PE ratio of 26.74, a PEG ratio of 1.61 and a beta of 1.39.

Johnson Controls International (NYSE:JCI) last released its earnings results on Wednesday, February 4th. The company reported $0.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.05. Johnson Controls International had a net margin of 14.17% and a return on equity of 17.15%. The company had revenue of $5.80 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter in the previous year, the company earned $0.64 EPS. Johnson Controls International’s quarterly revenue was up 6.8% compared to the same quarter last year. 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. As a group, sell-side analysts predict that Johnson Controls International will post 3.64 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Monday, March 16th were given a dividend of $0.40 per share. The ex-dividend date was Monday, March 16th. This represents a $1.60 annualized dividend and a yield of 1.1%. Johnson Controls International’s dividend payout ratio is presently 30.13%.

Insider Activity at Johnson Controls International

In related news, VP Daniel C. Mcconeghy sold 3,600 shares of the stock in a transaction dated Monday, February 23rd. The shares were 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 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 Securities & Exchange Commission, which can be accessed through this link. Also, VP Todd M. Grabowski sold 6,050 shares of the stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $134.90, for a total transaction of $816,145.00. Following the transaction, the vice president owned 34,836 shares of the company’s stock, valued at approximately $4,699,376.40. The trade was a 14.80% decrease in their position. The SEC filing for this sale provides additional information. 0.29% of the stock is owned by company insiders.

Hedge Funds Weigh In On Johnson Controls International

Several institutional investors have recently added to or reduced their stakes in the stock. State Street Corp lifted its holdings in Johnson Controls International by 0.6% during the third 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 during the last quarter. Franklin Resources Inc. lifted its holdings in Johnson Controls International by 3.3% during the fourth quarter. Franklin Resources Inc. now owns 22,655,105 shares of the company’s stock valued at $2,712,949,000 after purchasing an additional 718,245 shares during the last quarter. Fisher Asset Management LLC lifted its holdings in 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 valued at $2,064,485,000 after purchasing an additional 280,704 shares during the last quarter. Invesco Ltd. lifted its holdings in Johnson Controls International by 13.0% during the fourth quarter. Invesco Ltd. now owns 16,003,486 shares of the company’s stock valued at $1,916,417,000 after purchasing an additional 1,837,220 shares during the last quarter. Finally, Norges Bank purchased a new stake in Johnson Controls International during the fourth quarter valued at about $927,739,000. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Company Profile

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.