6,318 Shares in Johnson Controls International PLC (NYSE:JCI) Acquired by Bridges Investment Counsel Inc.

Bridges Investment Counsel Inc. purchased a new position in Johnson Controls International PLC (NYSE:JCI) during the second quarter, according to its most recent 13F filing with the SEC. The firm purchased 6,318 shares of the auto parts company’s stock, valued at approximately $274,000.

A number of other hedge funds have also modified their holdings of the company. OppenheimerFunds Inc. boosted its stake in shares of Johnson Controls International PLC by 31.3% in the first quarter. OppenheimerFunds Inc. now owns 11,209,265 shares of the auto parts company’s stock worth $472,135,000 after buying an additional 2,670,778 shares in the last quarter. Lazard Asset Management LLC boosted its stake in shares of Johnson Controls International PLC by 20.1% in the first quarter. Lazard Asset Management LLC now owns 11,231,816 shares of the auto parts company’s stock worth $473,083,000 after buying an additional 1,883,034 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Johnson Controls International PLC by 19.2% in the first quarter. Bank of New York Mellon Corp now owns 9,214,364 shares of the auto parts company’s stock worth $388,108,000 after buying an additional 1,483,178 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec boosted its stake in shares of Johnson Controls International PLC by 538.2% in the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,130,723 shares of the auto parts company’s stock worth $47,678,000 after buying an additional 953,554 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Johnson Controls International PLC by 9.3% in the first quarter. Geode Capital Management LLC now owns 9,137,888 shares of the auto parts company’s stock worth $384,341,000 after buying an additional 780,842 shares in the last quarter. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Shares of Johnson Controls International PLC (NYSE:JCI) traded up 0.43% during midday trading on Friday, hitting $37.05. 4,523,953 shares of the stock were exchanged. Johnson Controls International PLC has a one year low of $36.74 and a one year high of $48.97. The stock’s market cap is $34.55 billion. The stock’s 50-day moving average price is $41.30 and its 200 day moving average price is $41.70.

Johnson Controls International PLC (NYSE:JCI) last issued its quarterly earnings results on Thursday, July 27th. The auto parts company reported $0.71 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.71. Johnson Controls International PLC had a negative net margin of 0.43% and a positive return on equity of 11.74%. The company had revenue of $7.67 billion during the quarter, compared to the consensus estimate of $7.72 billion. During the same period in the prior year, the company earned $1.07 EPS. Johnson Controls International PLC’s revenue was up 48.8% on a year-over-year basis. On average, analysts anticipate that Johnson Controls International PLC will post $2.61 earnings per share for the current year.

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JCI has been the subject of several recent analyst reports. Cowen and Company restated a “buy” rating and issued a $52.00 target price on shares of Johnson Controls International PLC in a research note on Thursday, April 27th. Zacks Investment Research cut shares of Johnson Controls International PLC from a “hold” rating to a “sell” rating in a research note on Tuesday, July 4th. Morgan Stanley restated an “overweight” rating and issued a $51.00 target price (up previously from $50.00) on shares of Johnson Controls International PLC in a research note on Monday, July 10th. JMP Securities initiated coverage on shares of Johnson Controls International PLC in a research note on Monday, June 19th. They issued an “outperform” rating and a $54.00 target price for the company. Finally, ValuEngine cut shares of Johnson Controls International PLC from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. 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. The stock currently has an average 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.

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

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