Tocqueville Asset Management L.P. raised its stake in shares of Johnson Controls International PLC (NYSE:JCI) by 5.4% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 840,520 shares of the auto parts company’s stock after buying an additional 42,715 shares during the period. Tocqueville Asset Management L.P. owned about 0.09% of Johnson Controls International PLC worth $36,445,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in JCI. PGGM Investments boosted its position 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. Glen Harbor Capital Management LLC boosted its position 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. Cubic Asset Management LLC boosted its position 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. River Road Asset Management LLC boosted its position in Johnson Controls International PLC by 16.4% in the first quarter. River Road Asset Management LLC now owns 1,417,754 shares of the auto parts company’s stock valued at $59,716,000 after buying an additional 199,765 shares in the last quarter. Finally, Sumitomo Life Insurance Co. boosted its position in Johnson Controls International PLC by 55.0% in the first quarter. Sumitomo Life Insurance Co. now owns 53,921 shares of the auto parts company’s stock valued at $2,271,000 after buying an additional 19,126 shares in the last quarter. Institutional investors and hedge funds own 85.20% of the company’s stock.

Shares of Johnson Controls International PLC (NYSE JCI) traded up 4.43% on Monday, hitting $38.69. 3,090,939 shares of the stock traded hands. Johnson Controls International PLC has a 12 month low of $36.74 and a 12 month high of $48.97. The firm’s 50 day moving average is $41.30 and its 200-day moving average is $41.70. The company’s market cap is $36.07 billion.

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 for the quarter, meeting analysts’ consensus estimates 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 business had revenue of $7.67 billion during the quarter, compared to analysts’ expectations of $7.72 billion. During the same quarter last year, the business posted $1.07 earnings per share. The business’s revenue for the quarter was up 48.8% on a year-over-year basis. Equities analysts predict that Johnson Controls International PLC will post $2.61 earnings per share for the current year.

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Several equities analysts recently issued reports on JCI shares. Wolfe Research started coverage on shares of Johnson Controls International PLC in a research note on Tuesday, July 11th. They issued a “market perform” rating for the company. Morgan Stanley decreased their target price on shares of Johnson Controls International PLC from $51.00 to $46.00 and set an “overweight” rating for the company in a research note on Monday, August 7th. ValuEngine cut shares of Johnson Controls International PLC from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. BidaskClub cut shares of Johnson Controls International PLC from a “sell” rating to a “strong sell” rating in a research note on Friday. Finally, JMP Securities started 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. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price 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.

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

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