Johnson Controls International stock is trading -18.39% below its average target price of $64.61 after dropping -1.9% during today's afternoon session. Analysts are giving the large-cap Farm & Heavy Construction Machinery company an average rating of buy and target prices ranging from $54.0 to $75.0 per share.
The stock has a very low short interest at 1.4%, and a short ratio of 2.13. The company's insiders own 0.23% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 91.6% of Johnson Controls International's shares being owned by this investor type.
Institutions Invested in Johnson Controls International
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-09-30 | Dodge & Cox Inc | 9% | 63,696,272 | $3,358,704,393 |
| 2023-09-30 | Vanguard Group Inc | 9% | 60,865,160 | $3,209,419,858 |
| 2023-09-30 | Blackrock Inc. | 8% | 52,394,341 | $2,762,753,576 |
| 2023-09-30 | Wellington Management Group, LLP | 5% | 33,395,548 | $1,760,947,230 |
| 2023-09-30 | Massachusetts Financial Services Co. | 4% | 30,059,092 | $1,585,015,907 |
| 2023-09-30 | State Street Corporation | 4% | 28,272,420 | $1,490,804,693 |
| 2023-09-30 | Franklin Resources, Inc. | 2% | 16,113,540 | $849,666,956 |
| 2023-09-30 | Invesco Ltd. | 2% | 13,063,227 | $688,823,953 |
| 2023-09-30 | Fisher Asset Management, LLC | 2% | 12,910,120 | $680,750,621 |
| 2023-09-30 | Geode Capital Management, LLC | 2% | 12,629,615 | $665,959,593 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Johnson Controls International.
