Johnson Controls International PLC (JCI) Stake Boosted by Advisor Partners LLC

Advisor Partners LLC raised its position in Johnson Controls International PLC (NYSE:JCI) by 20.6% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 11,115 shares of the auto parts company’s stock after buying an additional 1,896 shares during the period. Advisor Partners LLC’s holdings in Johnson Controls International PLC were worth $482,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. CHICAGO TRUST Co NA boosted its position in Johnson Controls International PLC by 0.5% in the second quarter. CHICAGO TRUST Co NA now owns 7,679 shares of the auto parts company’s stock worth $333,000 after buying an additional 36 shares in the last quarter. First National Bank & Trust Co. of Newtown boosted its position in Johnson Controls International PLC by 0.4% in the first quarter. First National Bank & Trust Co. of Newtown now owns 11,025 shares of the auto parts company’s stock worth $464,000 after buying an additional 42 shares in the last quarter. Beese Fulmer Investment Management Inc. boosted its position in Johnson Controls International PLC by 0.3% in the first quarter. Beese Fulmer Investment Management Inc. now owns 15,327 shares of the auto parts company’s stock worth $646,000 after buying an additional 42 shares in the last quarter. Banced Corp boosted its position in Johnson Controls International PLC by 0.7% in the second quarter. Banced Corp now owns 11,954 shares of the auto parts company’s stock worth $519,000 after buying an additional 84 shares in the last quarter. Finally, River Wealth Advisors LLC boosted its position in Johnson Controls International PLC by 1.1% in the second quarter. River Wealth Advisors LLC now owns 11,070 shares of the auto parts company’s stock worth $480,000 after buying an additional 117 shares in the last quarter. 85.20% of the stock is currently owned by institutional investors.

Shares of Johnson Controls International PLC (NYSE:JCI) traded up 0.43% during midday trading on Friday, hitting $37.05. The company’s stock had a trading volume of 4,523,953 shares. The firm has a 50-day moving average of $41.30 and a 200 day moving average of $41.70. The firm’s market cap is $34.55 billion. Johnson Controls International PLC has a 12-month low of $36.74 and a 12-month high of $49.83.

Johnson Controls International PLC (NYSE:JCI) last announced its quarterly earnings results on Thursday, July 27th. The auto parts company reported $0.71 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.71. The company had revenue of $7.67 billion during the quarter, compared to the consensus estimate 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 previous year, the business earned $1.07 EPS. On average, equities research analysts predict that Johnson Controls International PLC will post $2.61 EPS for the current fiscal year.

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A number of research analysts recently commented on the company. BidaskClub cut Johnson Controls International PLC from a “sell” rating to a “strong sell” rating in a report on Friday. TheStreet raised Johnson Controls International PLC from a “c” rating to a “b” rating in a report on Thursday, July 27th. Wolfe Research started coverage on Johnson Controls International PLC in a report on Tuesday, July 11th. They set a “market perform” rating on the stock. Morgan Stanley decreased their price objective on Johnson Controls International PLC from $51.00 to $46.00 and set an “overweight” rating on the stock in a report on Monday, August 7th. Finally, Atlantic Securities cut Johnson Controls International PLC from an “overweight” rating to a “neutral” rating in a report on Friday, July 28th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. Johnson Controls International PLC presently has an average rating of “Buy” and an average 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.

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

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