Wheatland Advisors Inc. lowered its position in shares of Johnson Controls International PLC (NYSE:JCI) by 5.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,461 shares of the auto parts company’s stock after selling 2,004 shares during the period. Johnson Controls International PLC makes up approximately 1.4% of Wheatland Advisors Inc.’s portfolio, making the stock its 25th largest position. Wheatland Advisors Inc.’s holdings in Johnson Controls International PLC were worth $1,538,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in JCI. 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 period. 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 period. 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 period. 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 period. 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 period. 85.23% of the stock is owned by institutional investors and hedge funds.

Johnson Controls International PLC (NYSE:JCI) opened at 39.45 on Thursday. The stock’s 50 day moving average price is $42.14 and its 200 day moving average price is $41.99. Johnson Controls International PLC has a one year low of $38.51 and a one year high of $49.83. The stock’s market cap is $36.78 billion.

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

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JCI has been the subject of several recent analyst reports. Zacks Investment Research downgraded shares of Johnson Controls International PLC from a “hold” rating to a “sell” rating in a research report on Tuesday, July 4th. ValuEngine downgraded shares of Johnson Controls International PLC from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Royal Bank Of Canada reaffirmed a “hold” rating and set a $43.00 price objective (down previously from $48.00) on shares of Johnson Controls International PLC in a research report on Friday, July 28th. Gabelli raised shares of Johnson Controls International PLC from a “hold” rating to a “buy” rating and set a $51.00 price objective for the company in a research report on Friday, July 28th. Finally, Cowen and Company reissued an “outperform” rating and issued a $52.00 price target on shares of Johnson Controls International PLC in a research report on Friday, May 19th. Two analysts have rated the stock with a sell rating, nine have given a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average 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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