Balyasny Asset Management LLC decreased its position in Johnson Controls International PLC (NYSE:JCI) by 4.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 348,576 shares of the auto parts company’s stock after selling 15,303 shares during the period. Balyasny Asset Management LLC’s holdings in Johnson Controls International PLC were worth $15,114,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. FNY Managed Accounts LLC purchased a new position in shares of Johnson Controls International PLC in the 1st quarter valued at about $100,000. Bessemer Group Inc. raised its holdings in Johnson Controls International PLC by 5.5% in the 2nd quarter. Bessemer Group Inc. now owns 2,550 shares of the auto parts company’s stock worth $110,000 after purchasing an additional 133 shares during the period. Harfst & Associates Inc. raised its holdings in Johnson Controls International PLC by 16.9% in the 2nd quarter. Harfst & Associates Inc. now owns 2,691 shares of the auto parts company’s stock worth $116,000 after purchasing an additional 389 shares during the period. Grove Bank & Trust raised its holdings in Johnson Controls International PLC by 57.7% in the 2nd quarter. Grove Bank & Trust now owns 2,693 shares of the auto parts company’s stock worth $117,000 after purchasing an additional 985 shares during the period. Finally, First PREMIER Bank raised its holdings in Johnson Controls International PLC by 366.2% in the 2nd quarter. First PREMIER Bank now owns 3,361 shares of the auto parts company’s stock worth $146,000 after purchasing an additional 2,640 shares during the period. 86.09% of the stock is owned by institutional investors.

A number of research firms recently issued reports on JCI. Wolfe Research began coverage on shares of Johnson Controls International PLC in a research note on Tuesday, July 11th. They issued a “market perform” rating on the stock. Morgan Stanley dropped their target price on shares of Johnson Controls International PLC from $51.00 to $46.00 and set an “overweight” rating on the stock in a research report on Monday, August 7th. BidaskClub lowered shares of Johnson Controls International PLC from a “sell” rating to a “strong sell” rating in a research note on Friday, August 18th. Zacks Investment Research upgraded Johnson Controls International PLC from a “sell” rating to a “hold” rating in a report on Monday, September 11th. Finally, JMP Securities started coverage on Johnson Controls International PLC in a report on Monday, June 19th. They issued an “outperform” rating and a $54.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and eleven have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $49.00.

Shares of Johnson Controls International PLC (JCI) opened at 40.47 on Wednesday. The firm has a 50 day moving average of $39.33 and a 200-day moving average of $41.19. Johnson Controls International PLC has a 12 month low of $36.74 and a 12 month high of $46.44. The stock’s market capitalization is $37.73 billion.

Johnson Controls International PLC (NYSE:JCI) last posted its earnings results on Thursday, July 27th. The auto parts company reported $0.71 EPS for the quarter, hitting analysts’ consensus estimates of $0.71. The business had revenue of $7.67 billion for the quarter, compared to analysts’ expectations of $7.72 billion. Johnson Controls International PLC had a negative net margin of 0.43% and a positive return on equity of 11.74%. The business’s revenue for the quarter was up 48.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.07 earnings per share. Analysts forecast that Johnson Controls International PLC will post $2.61 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Monday, September 25th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 2.47%. The ex-dividend date is Friday, September 22nd. Johnson Controls International PLC’s dividend payout ratio (DPR) is -196.08%.

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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.

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Institutional Ownership by Quarter for Johnson Controls International PLC (NYSE:JCI)

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