Federated Investors Inc. PA increased its stake in shares of Johnson Controls International PLC (NYSE:JCI) by 368.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 73,435 shares of the auto parts company’s stock after purchasing an additional 57,764 shares during the quarter. Federated Investors Inc. PA’s holdings in Johnson Controls International PLC were worth $3,184,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. American International Group Inc. increased its position in Johnson Controls International PLC by 0.8% during the 1st quarter. American International Group Inc. now owns 467,845 shares of the auto parts company’s stock worth $19,706,000 after purchasing an additional 3,499 shares in the last quarter. Busey Trust CO purchased a new stake in Johnson Controls International PLC during the 1st quarter worth about $2,994,000. Bank of New York Mellon Corp increased its position in Johnson Controls International PLC by 19.2% during the 1st 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 purchasing an additional 1,483,178 shares in the last quarter. Financial Counselors Inc. increased its position in Johnson Controls International PLC by 2.8% during the 1st quarter. Financial Counselors Inc. now owns 21,317 shares of the auto parts company’s stock worth $898,000 after purchasing an additional 586 shares in the last quarter. Finally, Corbyn Investment Management Inc. MD increased its position in Johnson Controls International PLC by 25.7% during the 1st quarter. Corbyn Investment Management Inc. MD now owns 291,779 shares of the auto parts company’s stock worth $12,290,000 after purchasing an additional 59,564 shares in the last quarter. Hedge funds and other institutional investors own 86.17% of the company’s stock.

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A number of analysts recently commented on the company. Robert W. Baird reiterated a “buy” rating and set a $50.00 price objective on shares of Johnson Controls International PLC in a research report on Monday, August 28th. Cowen and Company reiterated an “outperform” rating and set a $48.00 price objective on shares of Johnson Controls International PLC in a research report on Monday, August 21st. BidaskClub cut Johnson Controls International PLC from a “sell” rating to a “strong sell” rating in a report on Friday, August 18th. Morgan Stanley lowered their price target on Johnson Controls International PLC from $51.00 to $46.00 and set an “overweight” rating for the company in a report on Monday, August 7th. Finally, TheStreet upgraded Johnson Controls International PLC from a “c” rating to a “b” rating in a report on Thursday, July 27th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $50.04.

Johnson Controls International PLC (NYSE:JCI) opened at 39.89 on Tuesday. The company’s 50-day moving average price is $40.13 and its 200-day moving average price is $41.47. Johnson Controls International PLC has a 52 week low of $36.74 and a 52 week high of $48.97. The company’s market capitalization is $37.19 billion.

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

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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