Strategic Advisors LLC bought a new position in Johnson Controls International PLC (NYSE:JCI) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 11,305 shares of the auto parts company’s stock, valued at approximately $490,000.

Several other institutional investors and hedge funds have also recently modified their holdings of JCI. OppenheimerFunds Inc. grew its position in shares of Johnson Controls International PLC by 31.3% in the 1st quarter. OppenheimerFunds Inc. now owns 11,209,265 shares of the auto parts company’s stock worth $472,135,000 after acquiring an additional 2,670,778 shares in the last quarter. Lazard Asset Management LLC grew its position in shares of Johnson Controls International PLC by 20.1% in the 1st quarter. Lazard Asset Management LLC now owns 11,231,816 shares of the auto parts company’s stock worth $473,083,000 after acquiring an additional 1,883,034 shares in the last quarter. Strs Ohio acquired a new position in shares of Johnson Controls International PLC in the 2nd quarter worth approximately $77,094,000. MUFG Securities EMEA plc acquired a new position in shares of Johnson Controls International PLC in the 2nd quarter worth approximately $59,490,000. Finally, Diamond Hill Capital Management Inc. grew its position in shares of Johnson Controls International PLC by 20,208.5% in the 2nd quarter. Diamond Hill Capital Management Inc. now owns 1,120,419 shares of the auto parts company’s stock worth $48,581,000 after acquiring an additional 1,114,902 shares in the last quarter. Institutional investors own 86.17% of the company’s stock.

Johnson Controls International PLC (NYSE JCI) traded down 0.52% during mid-day trading on Wednesday, hitting $39.79. The stock had a trading volume of 592,402 shares. The stock has a 50 day moving average of $39.37 and a 200-day moving average of $41.38. The firm’s market cap is $37.10 billion. Johnson Controls International PLC has a 1-year low of $36.74 and a 1-year high of $46.86.

Johnson Controls International PLC (NYSE:JCI) last released its quarterly earnings results on Thursday, July 27th. The auto parts company reported $0.71 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.71. The business had revenue of $7.67 billion for the quarter, compared to analyst estimates 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%. Johnson Controls International PLC’s revenue for the quarter was up 48.8% on a year-over-year basis. During the same period in the prior year, the company earned $1.07 EPS. Analysts predict that Johnson Controls International PLC will post $2.61 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Monday, September 25th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.50%. Johnson Controls International PLC’s dividend payout ratio (DPR) is presently -196.08%.

Several research analysts have recently commented on the company. TheStreet upgraded Johnson Controls International PLC from a “c” rating to a “b” rating in a research report on Thursday, July 27th. Wolfe Research assumed coverage on Johnson Controls International PLC in a research report on Tuesday, July 11th. They issued a “market perform” rating for the company. Morgan Stanley decreased their target price on Johnson Controls International PLC from $51.00 to $46.00 and set an “overweight” rating for the company in a research report on Monday, August 7th. BidaskClub lowered Johnson Controls International PLC from a “sell” rating to a “strong sell” rating in a research report on Friday, August 18th. Finally, Zacks Investment Research upgraded Johnson Controls International PLC from a “sell” rating to a “hold” rating in a research report on Tuesday, September 5th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and twelve have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $49.63.

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Johnson Controls International PLC 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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