Tdam USA Inc. increased its stake in shares of Johnson Controls International PLC (NYSE:JCI) by 3.4% during the second quarter, Holdings Channel reports. The firm owned 200,652 shares of the auto parts company’s stock after buying an additional 6,575 shares during the period. Tdam USA Inc.’s holdings in Johnson Controls International PLC were worth $8,538,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. American International Group Inc. boosted its position in shares of Johnson Controls International PLC by 0.8% in the first quarter. American International Group Inc. now owns 467,845 shares of the auto parts company’s stock valued at $19,706,000 after buying an additional 3,499 shares during the period. Busey Trust CO bought a new position in shares of Johnson Controls International PLC during the first quarter valued at $2,994,000. Bank of New York Mellon Corp boosted its position 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 valued at $388,108,000 after buying an additional 1,483,178 shares during the period. PGGM Investments boosted its position in shares of Johnson Controls International PLC by 15.7% in the first quarter. PGGM Investments now owns 1,091,359 shares of the auto parts company’s stock valued at $45,968,000 after buying an additional 148,000 shares during the period. Finally, Financial Counselors Inc. boosted its position in shares of Johnson Controls International PLC by 2.8% in the first quarter. Financial Counselors Inc. now owns 21,317 shares of the auto parts company’s stock valued at $898,000 after buying an additional 586 shares during the period. Institutional investors and hedge funds own 85.23% of the company’s stock.

Johnson Controls International PLC (JCI) opened at 39.17 on Monday. The stock’s market cap is $36.52 billion. Johnson Controls International PLC has a 12-month low of $38.54 and a 12-month high of $48.97. The firm’s 50-day moving average price is $42.58 and its 200-day moving average price is $42.12.

Johnson Controls International PLC (NYSE:JCI) last posted its quarterly earnings data on Thursday, July 27th. The auto parts company reported $0.71 EPS for the quarter, hitting the 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 for the quarter, compared to the consensus estimate of $7.72 billion. During the same quarter last year, the company earned $1.07 earnings per share. The business’s revenue for the quarter was up 48.8% compared to the same quarter last year. On average, equities analysts predict that Johnson Controls International PLC will post $2.61 EPS for the current fiscal year.

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JCI has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded Johnson Controls International PLC from a “sell” rating to a “hold” rating in a research note on Tuesday, April 11th. ValuEngine cut Johnson Controls International PLC from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Royal Bank Of Canada reiterated a “hold” rating and set a $43.00 target price (down from $48.00) on shares of Johnson Controls International PLC in a research note on Friday, July 28th. Gabelli upgraded Johnson Controls International PLC from a “hold” rating to a “buy” rating and set a $51.00 target price on the stock in a research note on Friday, July 28th. Finally, Cowen and Company reiterated an “outperform” rating and set a $52.00 target price on shares of Johnson Controls International PLC in a research note on Friday, May 19th. Two analysts have rated the stock with a sell rating, nine have given a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $50.70.

In other news, CEO Alex A. Molinaroli sold 6,335 shares of the firm’s stock in a transaction dated Tuesday, May 9th. The stock was sold at an average price of $41.96, for a total value of $265,816.60. Following the transaction, the chief executive officer now owns 1,296,407 shares of the company’s stock, valued at $54,397,237.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.50% of the stock is owned by company insiders.

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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