State of Tennessee Treasury Department decreased its stake in Johnson Controls International PLC (NYSE:JCI) by 1.1% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 253,694 shares of the auto parts company’s stock after selling 2,889 shares during the quarter. State of Tennessee Treasury Department’s holdings in Johnson Controls International PLC were worth $10,221,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. First Interstate Bank boosted its holdings in Johnson Controls International PLC by 0.9% during the 2nd quarter. First Interstate Bank now owns 7,069 shares of the auto parts company’s stock valued at $307,000 after acquiring an additional 62 shares during the period. Stanley Laman Group Ltd. raised its position in Johnson Controls International PLC by 0.6% during the 2nd quarter. Stanley Laman Group Ltd. now owns 11,410 shares of the auto parts company’s stock valued at $495,000 after purchasing an additional 63 shares in the last quarter. River Wealth Advisors LLC raised its position in Johnson Controls International PLC by 1.1% during the 2nd quarter. River Wealth Advisors LLC now owns 11,070 shares of the auto parts company’s stock valued at $480,000 after purchasing an additional 117 shares in the last quarter. Bessemer Group Inc. raised its position in Johnson Controls International PLC by 5.5% during the 2nd quarter. Bessemer Group Inc. now owns 2,550 shares of the auto parts company’s stock valued at $110,000 after purchasing an additional 133 shares in the last quarter. Finally, Farmers & Merchants Trust Co of Chambersburg PA raised its position in Johnson Controls International PLC by 0.8% during the 2nd quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 18,386 shares of the auto parts company’s stock valued at $797,000 after purchasing an additional 140 shares in the last quarter. Hedge funds and other institutional investors own 86.04% of the company’s stock.

JCI has been the subject of a number of research analyst reports. Atlantic Securities lowered Johnson Controls International PLC from an “overweight” rating to a “neutral” rating in a research report on Friday, July 28th. Gabelli raised Johnson Controls International PLC from a “hold” rating to a “buy” rating and set a $51.00 target price for the company in a research report on Friday, July 28th. Royal Bank Of Canada reaffirmed a “hold” rating and set a $43.00 target price (down from $48.00) on shares of Johnson Controls International PLC in a research report on Friday, July 28th. TheStreet raised Johnson Controls International PLC from a “c” rating to a “b” rating in a research report on Thursday, July 27th. Finally, BidaskClub lowered Johnson Controls International PLC from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and eleven have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $47.79.

In other Johnson Controls International PLC news, VP Jeffrey M. Williams sold 1,955 shares of the business’s stock in a transaction dated Wednesday, October 11th. The stock was sold at an average price of $41.43, for a total transaction of $80,995.65. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.48% of the stock is currently owned by insiders.

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Shares of Johnson Controls International PLC (JCI) opened at $36.93 on Friday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.92 and a current ratio of 1.04. The firm has a market capitalization of $35,906.68, a PE ratio of 14.76, a price-to-earnings-growth ratio of 1.04 and a beta of 0.94. Johnson Controls International PLC has a one year low of $36.48 and a one year high of $46.17.

Johnson Controls International PLC (NYSE:JCI) last posted its quarterly earnings results on Thursday, November 9th. The auto parts company reported $0.87 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.87. The business had revenue of $8.14 billion for the quarter, compared to the consensus estimate of $8.10 billion. Johnson Controls International PLC had a return on equity of 11.91% and a net margin of 6.32%. The company’s quarterly revenue was up 30.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.21 EPS. equities research analysts forecast that Johnson Controls International PLC will post 2.79 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, October 13th. Shareholders of record on Monday, September 25th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, September 22nd. This represents a $1.00 annualized dividend and a yield of 2.71%. Johnson Controls International PLC’s payout ratio is presently 49.26%.

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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