Johnson Controls International PLC (NYSE:JCI) shares hit a new 52-week low during mid-day trading on Monday after Robert W. Baird lowered their price target on the stock from $50.00 to $48.00. Robert W. Baird currently has an outperform rating on the stock. Johnson Controls International PLC traded as low as $36.19 and last traded at $36.93, with a volume of 13793600 shares changing hands. The stock had previously closed at $38.51.

Several other analysts have also commented on JCI. Vertical Group reiterated a “hold” rating on shares of Johnson Controls International PLC in a research report on Friday. Cowen and Company reiterated a “buy” rating and issued a $48.00 price target on shares of Johnson Controls International PLC in a research report on Thursday. Morgan Stanley set a $48.00 price target on shares of Johnson Controls International PLC and gave the company an “overweight” rating in a research report on Monday, October 2nd. Atlantic Securities lowered shares of Johnson Controls International PLC from an “overweight” rating to a “neutral” rating in a research report on Friday, July 28th. Finally, TheStreet upgraded shares of Johnson Controls International PLC from a “c” rating to a “b” rating in a research report on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and eleven have assigned a buy rating to the company’s stock. Johnson Controls International PLC has a consensus rating of “Hold” and a consensus target price of $47.79.

In other news, VP Jeffrey M. Williams sold 1,955 shares of the firm’s stock in a transaction on Wednesday, October 11th. The shares were sold at an average price of $41.43, for a total value of $80,995.65. The sale was disclosed in a filing with the SEC, which is accessible through this link. 1.50% of the stock is owned by company insiders.

Several hedge funds have recently modified their holdings of the company. First Interstate Bank raised its stake in shares of Johnson Controls International PLC by 0.9% in the 2nd quarter. First Interstate Bank now owns 7,069 shares of the auto parts company’s stock valued at $307,000 after acquiring an additional 62 shares during the period. Stanley Laman Group Ltd. raised its stake in shares of Johnson Controls International PLC by 0.6% in the 2nd quarter. Stanley Laman Group Ltd. now owns 11,410 shares of the auto parts company’s stock valued at $495,000 after acquiring an additional 63 shares during the period. River Wealth Advisors LLC raised its stake in shares of Johnson Controls International PLC by 1.1% in the 2nd quarter. River Wealth Advisors LLC now owns 11,070 shares of the auto parts company’s stock valued at $480,000 after acquiring an additional 117 shares during the period. Bessemer Group Inc. raised its stake in shares of Johnson Controls International PLC 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 acquiring an additional 133 shares during the period. Finally, Bbva Compass Bancshares Inc. raised its stake in shares of Johnson Controls International PLC by 4.2% in the 2nd quarter. Bbva Compass Bancshares Inc. now owns 3,714 shares of the auto parts company’s stock valued at $161,000 after acquiring an additional 150 shares during the period. 85.98% of the stock is currently owned by institutional investors and hedge funds.

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 company has a market capitalization of $34,270.00, a P/E ratio of 14.15, a P/E/G ratio of 0.98 and a beta of 0.94.

Johnson Controls International PLC (NYSE:JCI) last released its quarterly earnings results on Thursday, November 9th. The auto parts company reported $0.87 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.87. Johnson Controls International PLC had a net margin of 6.32% and a return on equity of 11.91%. The firm had revenue of $8.14 billion for the quarter, compared to the consensus estimate of $8.10 billion. During the same quarter in the previous year, the firm posted $1.21 EPS. The firm’s quarterly revenue was up 30.1% on a year-over-year basis. analysts expect that Johnson Controls International PLC will post 2.84 EPS for the current year.

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About Johnson Controls International PLC

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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