Rhumbline Advisers boosted its stake in shares of Johnson Controls International PLC (NYSE:JCI) by 1.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,599,216 shares of the auto parts company’s stock after buying an additional 25,260 shares during the period. Rhumbline Advisers’ holdings in Johnson Controls International PLC were worth $69,342,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. First Mercantile Trust Co. raised its stake in Johnson Controls International PLC by 26.4% in the second quarter. First Mercantile Trust Co. now owns 12,930 shares of the auto parts company’s stock worth $561,000 after buying an additional 2,700 shares during the last quarter. Cumberland Partners Ltd raised its stake in Johnson Controls International PLC by 5.3% in the second quarter. Cumberland Partners Ltd now owns 82,107 shares of the auto parts company’s stock worth $3,560,000 after buying an additional 4,100 shares during the last quarter. Teacher Retirement System of Texas raised its stake in Johnson Controls International PLC by 1.6% in the second quarter. Teacher Retirement System of Texas now owns 9,924 shares of the auto parts company’s stock worth $430,000 after buying an additional 153 shares during the last quarter. DekaBank Deutsche Girozentrale bought a new stake in Johnson Controls International PLC during the second quarter worth approximately $30,514,000. Finally, Wedge Capital Management L L P NC raised its stake in Johnson Controls International PLC by 2.8% in the second quarter. Wedge Capital Management L L P NC now owns 357,331 shares of the auto parts company’s stock worth $15,494,000 after buying an additional 9,791 shares during the last quarter. 85.23% of the stock is currently owned by institutional investors.

Shares of Johnson Controls International PLC (NYSE JCI) opened at 38.67 on Friday. Johnson Controls International PLC has a one year low of $38.51 and a one year high of $49.83. The stock’s market capitalization is $36.06 billion. The company’s 50 day moving average price is $41.98 and its 200 day moving average price is $41.93.

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, meeting analysts’ consensus estimates of $0.71. Johnson Controls International PLC had a positive return on equity of 11.74% and a negative net margin of 0.43%. The firm had revenue of $7.67 billion for the quarter, compared to the consensus estimate of $7.72 billion. During the same quarter in the previous year, the company posted $1.07 earnings per share. The business’s quarterly revenue was up 48.8% compared to the same quarter last year. On average, equities analysts expect that Johnson Controls International PLC will post $2.61 earnings per share for the current year.

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A number of research firms recently commented on JCI. Morgan Stanley decreased their price objective on Johnson Controls International PLC from $51.00 to $46.00 and set an “overweight” rating on the stock in a research note on Monday, August 7th. BidaskClub lowered Johnson Controls International PLC from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. TheStreet raised Johnson Controls International PLC from a “c” rating to a “b” rating in a research note on Thursday, July 27th. 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 note on Friday, July 28th. Finally, Gabelli raised Johnson Controls International PLC from a “hold” rating to a “buy” rating and set a $51.00 price objective on the stock in a research note on Friday, July 28th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. Johnson Controls International PLC presently has a consensus rating of “Buy” and an average 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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