TheStreet upgraded shares of Johnson Controls International PLC (NYSE:JCI) from a c rating to a b rating in a research report report published on Thursday morning.

A number of other equities analysts have also commented on the stock. Oppenheimer Holdings, Inc. restated a buy rating and issued a $45.00 price objective (down from $50.00) on shares of Johnson Controls International PLC in a research report on Friday. Robert W. Baird cut their price objective on shares of Johnson Controls International PLC from $50.00 to $48.00 and set an outperform rating for the company in a research report on Friday. Vertical Group restated a hold rating on shares of Johnson Controls International PLC in a research report on Friday. Vertical Research lowered shares of Johnson Controls International PLC from a buy rating to a hold rating in a research report on Friday. Finally, Cowen and Company restated a buy rating and issued a $48.00 price objective on shares of Johnson Controls International PLC in a research report on Thursday. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and eleven have assigned a buy rating to the stock. Johnson Controls International PLC has an average rating of Hold and a consensus target price of $47.79.

Shares of Johnson Controls International PLC (NYSE JCI) traded down $1.58 during trading hours on Thursday, reaching $36.93. 13,793,600 shares of the company’s stock were exchanged, compared to its average volume of 5,060,376. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.04 and a quick ratio of 0.92. The company has a market capitalization of $35,906.68, a price-to-earnings ratio of 14.76, a PEG ratio of 1.04 and a beta of 0.94. Johnson Controls International PLC has a 12-month low of $36.48 and a 12-month high of $46.17.

Johnson Controls International PLC (NYSE:JCI) last issued its earnings results on Thursday, November 9th. The auto parts company reported $0.87 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.87. The firm had revenue of $8.14 billion during the quarter, compared to analyst estimates of $8.10 billion. Johnson Controls International PLC had a net margin of 6.32% and a return on equity of 11.91%. The company’s quarterly revenue was up 30.1% on a year-over-year basis. During the same quarter last year, the business earned $1.21 earnings per share. sell-side analysts expect that Johnson Controls International PLC will post 2.79 EPS for the current year.

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The firm also recently declared a quarterly dividend, which was paid on Friday, October 13th. Shareholders of record on Monday, September 25th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.71%. The ex-dividend date was Friday, September 22nd. Johnson Controls International PLC’s dividend payout ratio (DPR) is presently 49.26%.

In other Johnson Controls International PLC news, VP Jeffrey M. Williams sold 1,955 shares of Johnson Controls International PLC stock in a transaction that occurred on Wednesday, October 11th. The shares were sold at an average price of $41.43, for a total transaction of $80,995.65. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.48% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of JCI. Dodge & Cox increased its stake in shares of Johnson Controls International PLC by 83.5% in the second quarter. Dodge & Cox now owns 57,851,274 shares of the auto parts company’s stock worth $2,508,431,000 after buying an additional 26,319,624 shares during the period. The Manufacturers Life Insurance Company increased its stake in shares of Johnson Controls International PLC by 144.1% in the second quarter. The Manufacturers Life Insurance Company now owns 4,877,880 shares of the auto parts company’s stock worth $211,505,000 after buying an additional 2,879,948 shares during the period. Capital World Investors increased its stake in shares of Johnson Controls International PLC by 4.7% in the second quarter. Capital World Investors now owns 42,405,917 shares of the auto parts company’s stock worth $1,838,721,000 after buying an additional 1,917,892 shares during the period. Strs Ohio purchased a new position in shares of Johnson Controls International PLC in the second quarter worth $77,094,000. Finally, Bain Capital Public Equity Management LLC purchased a new position in shares of Johnson Controls International PLC in the second quarter worth $76,382,000. 86.04% of the stock is currently owned by institutional investors.

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.

Analyst Recommendations for Johnson Controls International PLC (NYSE:JCI)

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