Wedge Capital Management L L P NC boosted its stake in Johnson Controls International PLC (NYSE:JCI) by 2.8% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 357,331 shares of the auto parts company’s stock after buying an additional 9,791 shares during the period. Wedge Capital Management L L P NC’s holdings in Johnson Controls International PLC were worth $15,494,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of JCI. Cubic Asset Management LLC boosted its stake in Johnson Controls International PLC by 1.3% in the first quarter. Cubic Asset Management LLC now owns 36,927 shares of the auto parts company’s stock valued at $1,555,000 after buying an additional 463 shares in the last quarter. Glen Harbor Capital Management LLC boosted its stake in Johnson Controls International PLC by 1,073.2% in the first quarter. Glen Harbor Capital Management LLC now owns 583,950 shares of the auto parts company’s stock valued at $24,596,000 after buying an additional 534,174 shares in the last quarter. PGGM Investments boosted its stake in 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 in the last quarter. City Holding Co. boosted its stake in Johnson Controls International PLC by 4.4% in the first quarter. City Holding Co. now owns 19,317 shares of the auto parts company’s stock valued at $813,000 after buying an additional 806 shares in the last quarter. Finally, Moody National Bank Trust Division boosted its stake in Johnson Controls International PLC by 11.0% in the first quarter. Moody National Bank Trust Division now owns 10,249 shares of the auto parts company’s stock valued at $431,000 after buying an additional 1,015 shares in the last quarter. Institutional investors and hedge funds own 85.20% of the company’s stock.

Johnson Controls International PLC (NYSE:JCI) opened at 38.67 on Monday. Johnson Controls International PLC has a 12 month low of $38.51 and a 12 month high of $48.97. The company’s 50-day moving average is $41.98 and its 200-day moving average is $41.93. The stock’s market capitalization is $36.06 billion.

Johnson Controls International PLC (NYSE:JCI) last issued its earnings results on Thursday, July 27th. The auto parts company reported $0.71 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ 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 for the quarter, compared to analysts’ expectations of $7.72 billion. During the same period in the prior year, the business earned $1.07 EPS. The firm’s quarterly revenue was up 48.8% on a year-over-year basis. Equities research analysts forecast that Johnson Controls International PLC will post $2.61 EPS for the current year.

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Several research firms have recently weighed in on JCI. Wolfe Research began coverage on shares of Johnson Controls International PLC in a research report on Tuesday, July 11th. They set a “market perform” rating on the stock. Morgan Stanley restated an “overweight” rating and set a $51.00 price objective (up previously from $50.00) on shares of Johnson Controls International PLC in a research report on Monday, July 10th. Zacks Investment Research cut shares of Johnson Controls International PLC from a “hold” rating to a “sell” rating in a research report on Tuesday, July 4th. Cowen and Company restated a “buy” rating and set a $52.00 price objective on shares of Johnson Controls International PLC in a research report on Thursday, April 27th. Finally, BidaskClub upgraded shares of Johnson Controls International PLC from a “sell” rating to a “hold” rating in a research report on Thursday, June 29th. 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 stock. The stock has a consensus rating of “Buy” and an average price target of $50.43.

About Johnson Controls International PLC

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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