Cumberland Partners Ltd boosted its stake in shares of Johnson Controls International PLC (NYSE:JCI) by 5.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 82,107 shares of the auto parts company’s stock after buying an additional 4,100 shares during the period. Cumberland Partners Ltd’s holdings in Johnson Controls International PLC were worth $3,560,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Spirit of America Management Corp NY increased its stake in shares of Johnson Controls International PLC by 47.6% in the first quarter. Spirit of America Management Corp NY now owns 10,853 shares of the auto parts company’s stock valued at $457,000 after buying an additional 3,500 shares during the last quarter. Capstone Asset Management Co. increased its stake in shares of Johnson Controls International PLC by 0.3% in the first quarter. Capstone Asset Management Co. now owns 79,892 shares of the auto parts company’s stock valued at $3,365,000 after buying an additional 217 shares during the last quarter. Hall Laurie J Trustee increased its stake in shares of Johnson Controls International PLC by 13.1% in the first quarter. Hall Laurie J Trustee now owns 15,263 shares of the auto parts company’s stock valued at $625,000 after buying an additional 1,773 shares during the last quarter. Lathrop Investment Management Corp increased its stake in shares of Johnson Controls International PLC by 22.4% in the first quarter. Lathrop Investment Management Corp now owns 285,102 shares of the auto parts company’s stock valued at $12,008,000 after buying an additional 52,163 shares during the last quarter. Finally, First National Bank & Trust Co. of Newtown increased its stake in shares of Johnson Controls International PLC by 0.4% in the first quarter. First National Bank & Trust Co. of Newtown now owns 11,025 shares of the auto parts company’s stock valued at $464,000 after buying an additional 42 shares during the last quarter. 85.23% of the stock is currently owned by institutional investors and hedge funds.

Johnson Controls International PLC (NYSE:JCI) opened at 38.89 on Friday. Johnson Controls International PLC has a 52-week low of $38.51 and a 52-week high of $49.83. The firm’s market cap is $36.26 billion. The stock has a 50 day moving average of $42.07 and a 200-day moving average of $41.96.

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

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Several analysts have recently weighed in on JCI shares. Cowen and Company reaffirmed a “buy” rating and issued a $52.00 target price on shares of Johnson Controls International PLC in a report on Thursday, April 27th. ValuEngine downgraded shares of Johnson Controls International PLC from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. JMP Securities began coverage on shares of Johnson Controls International PLC in a report on Monday, June 19th. They set an “outperform” rating and a $54.00 price objective on the stock. BidaskClub raised shares of Johnson Controls International PLC from a “sell” rating to a “hold” rating in a report on Thursday, June 29th. Finally, Zacks Investment Research downgraded shares of Johnson Controls International PLC from a “hold” rating to a “sell” rating in a report on Tuesday, July 4th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $50.43.

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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