First Mercantile Trust Co. increased its stake in shares of Johnson Controls International PLC (NYSE:JCI) by 26.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,930 shares of the auto parts company’s stock after buying an additional 2,700 shares during the period. First Mercantile Trust Co.’s holdings in Johnson Controls International PLC were worth $561,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of JCI. American International Group Inc. boosted its stake in shares of Johnson Controls International PLC by 0.8% in the first quarter. American International Group Inc. now owns 467,845 shares of the auto parts company’s stock valued at $19,706,000 after buying an additional 3,499 shares during the period. Busey Trust CO bought a new stake in shares of Johnson Controls International PLC during the first quarter valued at about $2,994,000. Bank of New York Mellon Corp boosted its stake in shares of Johnson Controls International PLC by 19.2% in the first quarter. Bank of New York Mellon Corp now owns 9,214,364 shares of the auto parts company’s stock valued at $388,108,000 after buying an additional 1,483,178 shares during the period. PGGM Investments boosted its stake in shares of Johnson Controls International PLC by 15.7% in the first quarter. PGGM Investments now owns 1,091,359 shares of the auto parts company’s stock valued at $45,968,000 after buying an additional 148,000 shares during the period. Finally, Financial Counselors Inc. boosted its stake in shares of Johnson Controls International PLC by 2.8% in the first quarter. Financial Counselors Inc. now owns 21,317 shares of the auto parts company’s stock valued at $898,000 after buying an additional 586 shares during the period. Institutional investors and hedge funds own 85.20% of the company’s stock.

Shares of Johnson Controls International PLC (NYSE JCI) opened at 38.65 on Tuesday. Johnson Controls International PLC has a 12-month low of $38.51 and a 12-month high of $48.97. The firm’s market capitalization is $36.04 billion. The company has a 50-day moving average price of $41.89 and a 200-day moving average price of $41.86.

Johnson Controls International PLC (NYSE:JCI) last issued 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 company 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 firm’s revenue was up 48.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.07 EPS. Equities analysts predict that Johnson Controls International PLC will post $2.61 EPS for the current year.

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Several equities research analysts recently issued reports on JCI shares. Zacks Investment Research cut Johnson Controls International PLC from a “hold” rating to a “sell” rating in a research note on Tuesday, July 4th. Gabelli upgraded Johnson Controls International PLC from a “hold” rating to a “buy” rating and set a $51.00 price target for the company in a research note on Friday, July 28th. Royal Bank Of Canada reiterated a “hold” rating and issued a $43.00 price target (down from $48.00) on shares of Johnson Controls International PLC in a research note on Friday, July 28th. ValuEngine cut Johnson Controls International PLC from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, Cowen and Company reiterated an “outperform” rating and issued a $52.00 price target on shares of Johnson Controls International PLC in a research note on Friday, May 19th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price 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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