Johnson Controls International (NYSE:JCI – Get Free Report) updated its first quarter earnings guidance on Wednesday. The company provided EPS guidance of $0.57-$0.60 for the period, compared to the consensus EPS estimate of $0.76. Johnson Controls International also updated its FY 2025 guidance to 3.400-3.500 EPS.
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on JCI. Barclays upped their target price on shares of Johnson Controls International from $62.00 to $64.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 2nd. Wells Fargo & Company upped their target price on shares of Johnson Controls International from $80.00 to $84.00 and gave the company an “overweight” rating in a research report on Monday, October 7th. Bank of America upped their price target on shares of Johnson Controls International from $80.00 to $95.00 and gave the company a “buy” rating in a report on Friday, September 27th. The Goldman Sachs Group upped their price target on shares of Johnson Controls International from $73.00 to $81.00 and gave the company a “buy” rating in a report on Friday, August 2nd. Finally, Oppenheimer upped their price target on shares of Johnson Controls International from $79.00 to $86.00 and gave the company an “outperform” rating in a report on Wednesday, October 2nd. Eleven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, Johnson Controls International currently has a consensus rating of “Hold” and an average price target of $73.43.
Get Our Latest Research Report on JCI
Johnson Controls International Trading Up 0.8 %
Johnson Controls International Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Wednesday, September 25th were issued a $0.37 dividend. The ex-dividend date was Wednesday, September 25th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.98%. Johnson Controls International’s dividend payout ratio is currently 61.92%.
Insider Transactions at Johnson Controls International
In related news, CEO George Oliver sold 110,615 shares of the firm’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $72.67, for a total transaction of $8,038,392.05. Following the sale, the chief executive officer now owns 1,243,751 shares in the company, valued at approximately $90,383,385.17. This trade represents a 0.00 % 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 hyperlink. In other news, COO Nathan D. Manning sold 3,000 shares of Johnson Controls International stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $77.08, for a total value of $231,240.00. Following the sale, the chief operating officer now owns 140,488 shares in the company, valued at $10,828,815.04. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO George Oliver sold 110,615 shares of the firm’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $72.67, for a total transaction of $8,038,392.05. Following the completion of the transaction, the chief executive officer now directly owns 1,243,751 shares in the company, valued at approximately $90,383,385.17. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 226,141 shares of company stock worth $16,904,519 over the last 90 days. 0.69% of the stock is currently owned by company insiders.
Johnson Controls International Company Profile
Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.
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