RNC Capital Management LLC bought a new position in Johnson Controls International PLC (NYSE:JCI) during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 65,774 shares of the auto parts company’s stock, valued at approximately $2,852,000.

Several other hedge funds and other institutional investors have also made changes to their positions in JCI. Teachers Advisors LLC boosted its stake in shares of Johnson Controls International PLC by 4.3% in the 1st quarter. Teachers Advisors LLC now owns 1,645,194 shares of the auto parts company’s stock worth $69,296,000 after buying an additional 67,729 shares during the last quarter. United Capital Financial Advisers LLC boosted its stake in shares of Johnson Controls International PLC by 16.1% in the 1st quarter. United Capital Financial Advisers LLC now owns 26,914 shares of the auto parts company’s stock worth $1,134,000 after buying an additional 3,736 shares during the last quarter. Saturna Capital CORP boosted its stake in shares of Johnson Controls International PLC by 0.8% in the 1st quarter. Saturna Capital CORP now owns 441,041 shares of the auto parts company’s stock worth $18,577,000 after buying an additional 3,700 shares during the last quarter. Janus Capital Management LLC boosted its stake in shares of Johnson Controls International PLC by 80.3% in the 1st quarter. Janus Capital Management LLC now owns 1,032,903 shares of the auto parts company’s stock worth $43,506,000 after buying an additional 460,087 shares during the last quarter. Finally, FNY Managed Accounts LLC purchased a new position in shares of Johnson Controls International PLC in the 1st quarter worth approximately $100,000. Hedge funds and other institutional investors own 86.09% of the company’s stock.

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JCI has been the topic of a number of research analyst reports. TheStreet upgraded Johnson Controls International PLC from a “c” rating to a “b” rating in a research note on Thursday, July 27th. Gabelli upgraded Johnson Controls International PLC from a “hold” rating to a “buy” rating and set a $51.00 target price on the stock in a research note on Friday, July 28th. Robert W. Baird restated a “buy” rating and issued a $50.00 target price on shares of Johnson Controls International PLC in a research note on Monday, August 28th. Cowen and Company restated a “buy” rating and issued a $48.00 target price on shares of Johnson Controls International PLC in a research note on Wednesday, September 27th. Finally, Citigroup Inc. reiterated a “buy” rating and issued a $50.00 price objective (up previously from $47.00) on shares of Johnson Controls International PLC in a research note on Monday, October 9th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and eleven have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $48.71.

In related news, VP Jeffrey M. Williams sold 1,955 shares of Johnson Controls International PLC stock in a transaction on Wednesday, October 11th. The shares were sold at an average price of $41.43, for a total transaction of $80,995.65. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.48% of the stock is currently owned by insiders.

Johnson Controls International PLC (NYSE JCI) traded up 0.72% on Friday, hitting $41.69. 3,202,348 shares of the stock traded hands. Johnson Controls International PLC has a 52-week low of $36.74 and a 52-week high of $46.17. The stock’s market cap is $38.87 billion. The company’s 50 day moving average price is $40.12 and its 200-day moving average price is $41.17.

Johnson Controls International PLC (NYSE:JCI) last released its earnings results on Thursday, July 27th. The auto parts company reported $0.71 earnings per share for the quarter, meeting analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $7.72 billion. During the same quarter in the previous year, the company earned $1.07 EPS. Johnson Controls International PLC’s revenue for the quarter was up 48.8% on a year-over-year basis. On average, analysts forecast that Johnson Controls International PLC will post $2.61 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, October 13th. Investors of record on Monday, September 25th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date of this dividend was Friday, September 22nd. Johnson Controls International PLC’s dividend payout ratio (DPR) is -196.08%.

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.

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

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