WASHINGTON TRUST Co increased its stake in Johnson Controls International PLC (NYSE:JCI) by 2.1% during the second quarter, Holdings Channel reports. The institutional investor owned 274,516 shares of the auto parts company’s stock after buying an additional 5,650 shares during the period. WASHINGTON TRUST Co’s holdings in Johnson Controls International PLC were worth $11,903,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in JCI. Wrapmanager Inc. raised its stake in shares of Johnson Controls International PLC by 3.4% in the second quarter. Wrapmanager Inc. now owns 22,466 shares of the auto parts company’s stock valued at $974,000 after buying an additional 729 shares in the last quarter. LMR Partners LLP bought a new stake in shares of Johnson Controls International PLC during the second quarter valued at approximately $6,388,000. Shufro Rose & Co. LLC raised its stake in shares of Johnson Controls International PLC by 2.8% in the second quarter. Shufro Rose & Co. LLC now owns 535,290 shares of the auto parts company’s stock valued at $23,210,000 after buying an additional 14,501 shares in the last quarter. Trillium Asset Management LLC raised its stake in shares of Johnson Controls International PLC by 2.2% in the second quarter. Trillium Asset Management LLC now owns 474,320 shares of the auto parts company’s stock valued at $20,567,000 after buying an additional 10,045 shares in the last quarter. Finally, Hutchinson Capital Management CA raised its stake in shares of Johnson Controls International PLC by 18.7% in the second quarter. Hutchinson Capital Management CA now owns 439,631 shares of the auto parts company’s stock valued at $19,063,000 after buying an additional 69,127 shares in the last quarter. 85.20% of the stock is currently owned by institutional investors and hedge funds.

Shares of Johnson Controls International PLC (JCI) opened at 38.65 on Tuesday. The stock has a 50 day moving average of $41.89 and a 200-day moving average of $41.86. Johnson Controls International PLC has a 52 week low of $38.51 and a 52 week high of $48.97. The stock’s market cap is $36.04 billion.

Johnson Controls International PLC (NYSE:JCI) last released its quarterly earnings data 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 firm had revenue of $7.67 billion for the quarter, compared to analysts’ expectations of $7.72 billion. Johnson Controls International PLC had a negative net margin of 0.43% and a positive return on equity of 11.74%. The company’s revenue for the quarter was up 48.8% compared to the same quarter last year. During the same quarter last year, the business posted $1.07 earnings per share. Equities research analysts predict that Johnson Controls International PLC will post $2.61 earnings per share for the current fiscal year.

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Several analysts have commented on the stock. Morgan Stanley lowered their price objective on shares of Johnson Controls International PLC from $51.00 to $46.00 and set an “overweight” rating on the stock in a research report on Monday, August 7th. BidaskClub lowered shares of Johnson Controls International PLC from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. TheStreet raised shares of Johnson Controls International PLC from a “c” rating to a “b” rating in a research report on Thursday, July 27th. Royal Bank Of Canada reaffirmed a “hold” rating and issued 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. Finally, Gabelli raised shares of 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 report on Friday, July 28th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. Johnson Controls International PLC has a consensus rating of “Buy” and a consensus 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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