Johnson Controls International PLC (NYSE:JCI) was downgraded by research analysts at Susquehanna Bancshares Inc from a “positive” rating to a “neutral” rating in a research report issued on Wednesday.

A number of other brokerages have also recently issued reports on JCI. Morgan Stanley reduced their price objective on shares of Johnson Controls International PLC from $51.00 to $46.00 and set an “overweight” rating on the stock in a research note on Monday, August 7th. BidaskClub lowered shares of Johnson Controls International PLC from a “sell” rating to a “strong sell” rating in a report on Friday, August 18th. Zacks Investment Research upgraded shares of Johnson Controls International PLC from a “sell” rating to a “hold” rating in a report on Monday, September 11th. UBS AG lowered shares of Johnson Controls International PLC from a “positive” rating to a “neutral” rating in a report on Wednesday. Finally, Oppenheimer Holdings, Inc. reiterated a “buy” rating and issued a $50.00 target price (down from $52.00) on shares of Johnson Controls International PLC in a report on Tuesday, October 31st. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and ten have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $47.79.

Johnson Controls International PLC (NYSE JCI) traded down $0.11 on Wednesday, hitting $35.89. 12,358,400 shares of the stock traded hands, compared to its average volume of 5,122,389. Johnson Controls International PLC has a twelve month low of $35.62 and a twelve month high of $46.17. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.04 and a quick ratio of 0.77. The company has a market capitalization of $33,408.00, a PE ratio of 13.79, a P/E/G ratio of 0.97 and a beta of 0.94.

Johnson Controls International PLC (NYSE:JCI) last announced its quarterly earnings data on Thursday, November 9th. The auto parts company reported $0.87 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates 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 analysts’ expectations of $8.10 billion. During the same period last year, the firm earned $1.21 earnings per share. The business’s revenue for the quarter was up 30.1% on a year-over-year basis. sell-side analysts anticipate that Johnson Controls International PLC will post 2.8 EPS for the current fiscal year.

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In related news, VP Jeffrey M. Williams sold 1,955 shares of Johnson Controls International PLC stock in a transaction dated Wednesday, October 11th. The shares were sold at an average price of $41.43, for a total transaction of $80,995.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.50% of the company’s stock.

Institutional investors have recently modified their holdings of the business. Honeywell International Inc. raised its stake in Johnson Controls International PLC by 216.7% in the 3rd quarter. Honeywell International Inc. now owns 950,200 shares of the auto parts company’s stock worth $38,284,000 after purchasing an additional 650,200 shares in the last quarter. Federated Investors Inc. PA raised its stake in Johnson Controls International PLC by 368.6% in the 2nd quarter. Federated Investors Inc. PA now owns 73,435 shares of the auto parts company’s stock worth $3,184,000 after purchasing an additional 57,764 shares in the last quarter. Nomura Holdings Inc. acquired a new stake in Johnson Controls International PLC in the 2nd quarter worth about $4,338,000. Oppenheimer & Co. Inc. raised its stake in Johnson Controls International PLC by 13.4% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 194,832 shares of the auto parts company’s stock worth $8,449,000 after purchasing an additional 22,960 shares in the last quarter. Finally, First National Trust Co. raised its stake in Johnson Controls International PLC by 15.3% in the 2nd quarter. First National Trust Co. now owns 26,265 shares of the auto parts company’s stock worth $1,139,000 after purchasing an additional 3,482 shares in the last quarter. Institutional investors and hedge funds own 85.98% of the company’s stock.

Johnson Controls International PLC Company Profile

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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