Waters Parkerson & CO. LLC raised its stake in shares of Johnson Controls International PLC (NYSE:JCI) by 5.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 437,397 shares of the auto parts company’s stock after buying an additional 22,542 shares during the quarter. Johnson Controls International PLC comprises 1.8% of Waters Parkerson & CO. LLC’s portfolio, making the stock its 25th biggest position. Waters Parkerson & CO. LLC’s holdings in Johnson Controls International PLC were worth $18,966,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. FNY Managed Accounts LLC acquired a new position in shares of Johnson Controls International PLC during the 1st quarter worth about $100,000. Bessemer Group Inc. grew its position in shares of 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 worth $110,000 after buying an additional 133 shares during the period. Harfst & Associates Inc. grew its position in shares of Johnson Controls International PLC by 16.9% during the 2nd quarter. Harfst & Associates Inc. now owns 2,691 shares of the auto parts company’s stock worth $116,000 after buying an additional 389 shares during the period. Grove Bank & Trust grew its position in shares of Johnson Controls International PLC by 57.7% during the 2nd quarter. Grove Bank & Trust now owns 2,693 shares of the auto parts company’s stock worth $117,000 after buying an additional 985 shares during the period. Finally, First PREMIER Bank grew its position in shares of Johnson Controls International PLC by 366.2% during the 2nd quarter. First PREMIER Bank now owns 3,361 shares of the auto parts company’s stock worth $146,000 after buying an additional 2,640 shares during the period. Institutional investors own 86.08% of the company’s stock.

Several equities analysts have recently issued reports on the company. Wolfe Research assumed coverage on Johnson Controls International PLC in a research report on Tuesday, July 11th. They set a “market perform” rating for the company. Morgan Stanley restated an “overweight” rating and set a $51.00 target price (up from $50.00) on shares of Johnson Controls International PLC in a research report on Monday, July 10th. Zacks Investment Research lowered Johnson Controls International PLC from a “hold” rating to a “sell” rating in a research report on Tuesday, July 4th. BidaskClub upgraded Johnson Controls International PLC from a “sell” rating to a “hold” rating in a research report on Thursday, June 29th. Finally, ValuEngine lowered Johnson Controls International PLC from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $48.86.

Johnson Controls International PLC (NYSE:JCI) last announced its quarterly earnings data on Thursday, July 27th. The auto parts company reported $0.71 EPS for the quarter, meeting the Zacks’ consensus estimate 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 during the quarter, compared to analysts’ expectations of $7.72 billion. During the same quarter last year, the firm posted $1.07 earnings per share. The company’s revenue for the quarter was up 48.8% compared to the same quarter last year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 13th. Shareholders of record on Monday, September 25th will be paid a $0.25 dividend. The ex-dividend date is Friday, September 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 2.51%. Johnson Controls International PLC’s dividend payout ratio (DPR) is presently -196.08%.

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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.

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

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