Capstone Asset Management Co. raised its position in shares of Tyco International Ltd. (NYSE:JCI) by 51.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 82,556 shares of the company’s stock after buying an additional 27,884 shares during the period. Capstone Asset Management Co.’s holdings in Tyco International were worth $3,841,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Tyco International by 2.4% in the second quarter. Vanguard Group Inc. now owns 39,562,653 shares of the company’s stock valued at $1,751,042,000 after buying an additional 910,041 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in shares of Tyco International by 2.5% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 39,308,460 shares of the company’s stock valued at $1,739,792,000 after buying an additional 946,124 shares in the last quarter. BlackRock Institutional Trust Company N.A. boosted its stake in shares of Tyco International by 0.7% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 16,658,567 shares of the company’s stock valued at $737,308,000 after buying an additional 111,563 shares in the last quarter. Capital World Investors boosted its stake in shares of Tyco International by 7.6% in the second quarter. Capital World Investors now owns 14,636,753 shares of the company’s stock valued at $647,823,000 after buying an additional 1,028,675 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its stake in shares of Tyco International by 1.2% in the second quarter. Massachusetts Financial Services Co. MA now owns 13,870,145 shares of the company’s stock valued at $613,893,000 after buying an additional 163,256 shares in the last quarter. 92.13% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Tyco International (NYSE:JCI)

Shares of Tyco International Ltd. (NYSE:JCI) traded up 0.91% during mid-day trading on Tuesday, reaching $45.38. 5,292,583 shares of the company’s stock were exchanged. The stock’s market capitalization is $42.47 billion. Tyco International Ltd. has a 1-year low of $28.94 and a 1-year high of $48.97. The company’s 50 day moving average is $43.81 and its 200 day moving average is $43.86.

Tyco International (NYSE:JCI) last issued its quarterly earnings results on Tuesday, November 8th. The company reported $1.21 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.01 by $0.20. Tyco International had a negative net margin of 4.09% and a positive return on equity of 15.76%. The business had revenue of $10.21 billion for the quarter, compared to analyst estimates of $9.64 billion. During the same quarter in the prior year, the business posted $0.64 EPS. Tyco International’s revenue for the quarter was up 16.6% compared to the same quarter last year. Equities research analysts anticipate that Tyco International Ltd. will post $2.73 EPS for the current fiscal year.

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Several brokerages recently issued reports on JCI. Citigroup Inc. began coverage on shares of Tyco International in a report on Monday. They issued a “buy” rating and a $54.00 target price on the stock. Credit Suisse Group AG restated a “buy” rating and issued a $46.54 target price on shares of Tyco International in a report on Tuesday, November 8th. Oppenheimer Holdings Inc. restated an “outperform” rating and issued a $48.00 target price (down previously from $52.00) on shares of Tyco International in a report on Wednesday, November 2nd. RBC Capital Markets restated a “sector perform” rating and issued a $46.00 target price (down previously from $50.00) on shares of Tyco International in a report on Tuesday, November 1st. Finally, Royal Bank Of Canada dropped their target price on shares of Tyco International from $50.00 to $46.00 and set a “sector perform” rating on the stock in a report on Tuesday, November 1st. Seven research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $48.76.

About Tyco International

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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