Barclays Lowers Price Target for Johnson Controls International to $85.00
On March 12, 2025, Barclays updated its price target for Johnson Controls International (NYSE:JCI) from $88.00 to $85.00, as reported by Marketbeat Ratings. The firm has maintained an 'equal weight' rating on the stock, indicating a neutral outlook. Based on this new target, the stock has the potential for an upside of about 10.47% compared to its last closing price.
In addition to Barclays, several other research firms have provided their insights on the stock. For instance, JPMorgan Chase & Co. recently raised its price target from $87.00 to $100.00 and assigned an 'overweight' rating. Likewise, Argus upgraded their assessment from 'hold' to 'buy' with a target set at $88.00. StockNews.com, on the other hand, changed its rating from 'buy' to 'hold'. Melius Research revised its rating from 'buy' to 'hold' and set a price target of $95.00. Royal Bank of Canada also adjusted their estimates, increasing their target from $86.00 to $93.00 while designating a 'sector perform' rating.
Currently, the consensus among eight analysts is a 'Moderate Buy,' with an average target price of $91.27.
Current Stock Performance
As of Monday, JCI shares opened at $76.94. Over the past year, the stock has fluctuated between a low of $59.83 and a high of $91.14. Key financial ratios include a current ratio of 1.02, a quick ratio of 0.86, and a debt-to-equity ratio of 0.50. The 50-day moving average is at $82.45, while the 200-day moving average stands at $79.64. With a market capitalization of approximately $50.79 billion, the stock has a PE ratio of 29.37.
In its latest earnings report released on February 5, the company recorded earnings per share of $0.64 for the quarter, surpassing analysts' expectations of $0.59. Johnson Controls International achieved a return on equity of 15.11% and a net margin of 6.83%. For the current financial year, analysts project earnings per share of $3.64.
Recent Insider Transactions
In other news, CEO George Oliver sold 129,263 shares of the company on February 25 at an average price of $83.55, totaling over $10.79 million. Following this transaction, Oliver now holds about 1.2 million shares valued at roughly $100.59 million. This sale reflects a 9.70% decrease in his ownership. Additionally, Vice President Nathan D. Manning sold 1,421 shares on February 3 for an average of $76.44. After this sale, he owns approximately 148,346 shares valued at around $11.34 million. In the last three months, insiders have sold a total of 706,050 shares worth approximately $62 million, constituting 0.54% of the company's total stock.
Institutional Investor Activity
Recently, several institutional investors have altered their positions in Johnson Controls International. For example, Compass Financial Services Inc. acquired shares in the fourth quarter valued at about $26,000. Similarly, SBI Securities Co. Ltd. and Crowley Wealth Management Inc. both made new investments worth approximately $29,000 and $42,000 respectively in the same period. Notably, hedge funds and other institutional investors collectively hold 90.05% of the company's stock.
Understanding Johnson Controls International
Johnson Controls International plc specializes in engineering, manufacturing, and retrofitting various building products and systems, with operations spanning the United States, Europe, and the Asia Pacific. The company operates across four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.
Stocks, Investment, Earnings