Brown Advisory Inc. raised its position in Johnson Controls International PLC (NYSE:JCI) by 647.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 139,097 shares of the auto parts company’s stock after buying an additional 120,478 shares during the period. Brown Advisory Inc.’s holdings in Johnson Controls International were worth $4,653,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of JCI. Bray Capital Advisors bought a new position in shares of Johnson Controls International during the first quarter worth about $118,000. First PREMIER Bank bought a new position in shares of Johnson Controls International during the second quarter worth about $118,000. Resources Investment Advisors Inc. lifted its position in shares of Johnson Controls International by 132.4% during the first quarter. Resources Investment Advisors Inc. now owns 3,681 shares of the auto parts company’s stock worth $129,000 after purchasing an additional 2,097 shares during the last quarter. FTB Advisors Inc. bought a new position in shares of Johnson Controls International during the second quarter worth about $138,000. Finally, Well Done LLC bought a new position in shares of Johnson Controls International during the first quarter worth about $156,000. 92.89% of the stock is owned by institutional investors.

Shares of NYSE JCI opened at $37.77 on Wednesday. The company has a current ratio of 1.10, a quick ratio of 0.79 and a debt-to-equity ratio of 0.48. Johnson Controls International PLC has a 52-week low of $32.89 and a 52-week high of $42.60. The stock has a market capitalization of $34.93 billion, a price-to-earnings ratio of 14.53, a price-to-earnings-growth ratio of 1.22 and a beta of 0.86.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Tuesday, July 31st. The auto parts company reported $0.81 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.79 by $0.02. Johnson Controls International had a net margin of 7.27% and a return on equity of 11.84%. The firm had revenue of $8.12 billion for the quarter, compared to analysts’ expectations of $7.96 billion. During the same quarter last year, the company posted $0.71 earnings per share. Johnson Controls International’s revenue was up 5.9% on a year-over-year basis. analysts anticipate that Johnson Controls International PLC will post 2.81 EPS for the current fiscal year.

Several brokerages have recently commented on JCI. Citigroup increased their price target on shares of Johnson Controls International from $45.00 to $46.00 and gave the stock a “buy” rating in a research report on Thursday, August 2nd. Argus raised shares of Johnson Controls International from a “hold” rating to a “buy” rating in a research report on Tuesday, August 21st. Barclays increased their price target on shares of Johnson Controls International from $38.00 to $39.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 1st. Wolfe Research began coverage on shares of Johnson Controls International in a research report on Wednesday, June 27th. They set a “market perform” rating on the stock. Finally, UBS Group reduced their price target on shares of Johnson Controls International from $46.00 to $44.00 and set a “buy” rating on the stock in a research report on Thursday, August 30th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $42.00.

Johnson Controls International Profile

Johnson Controls International plc operates as a diversified technology and multi industrial company worldwide. The company operates through Building Technologies & Solutions and Power Solutions segments. It designs, sells, controls, installs heating, ventilating, and air conditioning systems. The company also provides residential air conditioning and heating systems, and industrial refrigeration products, as well as technical and energy management consulting services.

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

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