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Why Johnson Controls International plc (JCI) Stock Could See Much Higher Prices Ahead

Johnson Controls International plc (NYSE: JCI) is 11.05% higher on its value in year-to-date trading and has touched a low of $53.34 and a high of $88.90 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The JCI stock was last observed hovering at around $88.00 in the last trading session, with the day’s loss setting it -0.35%.

Currently trading at $87.65, the stock is 8.95% and 7.97% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.28 million and changing -0.40% at the moment leaves the stock 18.16% off its SMA200. JCI registered 64.57% gain for a year compared to 6-month gain of 33.29%. The firm has a 50-day simple moving average (SMA 50) of $81.1836 and a 200-day simple moving average (SMA200) of $74.1787.

The stock witnessed a 10.71% loss in the last 1 month and extending the period to 3 months gives it a 17.09%, and is 12.37% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.43% over the week and 2.08% over the month.

Johnson Controls International plc (JCI) has around 94000 employees, a market worth around $57.86B and $25.60B in sales. Current P/E ratio is 33.47 and Fwd P/E is 21.15. Profit margin for the company is 6.83%. Distance from 52-week low is 64.32% and -1.41% from its 52-week high. The company has generated returns on investments over the last 12 months (6.88%).

with sales reaching $5.64B over the same period.The EPS is expected to shrink by -3.14% this year, but quarterly earnings will post -14.60% year-over-year. Quarterly sales are estimated to shrink -15.82% in year-over-year returns.

Johnson Controls International plc (JCI) Top Institutional Holders

1592.0 institutions hold shares in Johnson Controls International plc (JCI), with institutional investors hold 92.22% of the company’s shares. The shares outstanding are 660.59M, and float is at 650.33M with Short Float at 1.35%. Institutions hold 91.97% of the Float.

The top institutional shareholder in the company is DODGE & COX with over 85.27 million shares valued at $5.67 billion. The investor’s holdings represent 12.5586% of the JCI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 68.12 million shares valued at $4.53 billion to account for 10.0327 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 51.81 million shares representing 7.6298% and valued at over $3.44 billion, while WELLINGTON MANAGEMENT GROUP LLP holds 4.1794 of the shares totaling 28.38 million with a market value of $1.89 billion.

Johnson Controls International plc (JCI) Insider Activity

The most recent transaction is an insider sale by MCCONEGHY DANIEL C, the company’s VP Chief Accounting & Tax Ofcr. SEC filings show that MCCONEGHY DANIEL C sold 1,950 shares of the company’s common stock on Feb 06 ’25 at a price of $87.73 per share for a total of $0.17 million. Following the sale, the insider now owns 24803.0 shares.

Johnson Controls International plc disclosed in a document filed with the SEC on Feb 06 ’25 that Donofrio John (Exec VP & General Counsel) sold a total of 69,746 shares of the company’s common stock. The trade occurred on Feb 06 ’25 and was made at $87.15 per share for $6.08 million. Following the transaction, the insider now directly holds 28543.0 shares of the JCI stock.

Still, SEC filings show that on Feb 07 ’25, Oliver George (Chairman & CEO) disposed off 205,168 shares at an average price of $88.03 for $18.06 million. The insider now directly holds 1,260,527 shares of Johnson Controls International plc (JCI).

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