South Dakota Investment Council grew its stake in shares of Johnson Controls International PLC (NYSE:JCI) by 3.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 59,800 shares of the auto parts company’s stock after purchasing an additional 2,124 shares during the quarter. South Dakota Investment Council’s holdings in Johnson Controls International PLC were worth $2,593,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. FNY Managed Accounts LLC acquired a new position in shares of Johnson Controls International PLC during the first quarter worth about $100,000. Bessemer Group Inc. lifted its stake in shares of Johnson Controls International PLC by 5.5% during the second quarter. Bessemer Group Inc. now owns 2,550 shares of the auto parts company’s stock worth $110,000 after purchasing an additional 133 shares in the last quarter. Grove Bank & Trust lifted its stake in shares of Johnson Controls International PLC by 57.7% during the second quarter. Grove Bank & Trust now owns 2,693 shares of the auto parts company’s stock worth $117,000 after purchasing an additional 985 shares in the last quarter. First PREMIER Bank lifted its stake in shares of Johnson Controls International PLC by 366.2% during the second quarter. First PREMIER Bank now owns 3,361 shares of the auto parts company’s stock worth $146,000 after purchasing an additional 2,640 shares in the last quarter. Finally, Bbva Compass Bancshares Inc. lifted its stake in shares of Johnson Controls International PLC by 4.2% during the second quarter. Bbva Compass Bancshares Inc. now owns 3,714 shares of the auto parts company’s stock worth $161,000 after purchasing an additional 150 shares in the last quarter. Institutional investors own 86.17% of the company’s stock.

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JCI has been the topic of a number of recent research reports. Zacks Investment Research cut Johnson Controls International PLC from a “hold” rating to a “sell” rating in a research note on Tuesday, July 4th. Cowen and Company restated an “outperform” rating and set a $52.00 price objective on shares of Johnson Controls International PLC in a research note on Friday, May 19th. Gabelli upgraded Johnson Controls International PLC from a “hold” rating to a “buy” rating and set a $51.00 price objective on the stock in a research note on Friday, July 28th. Robert W. Baird restated a “buy” rating and set a $50.00 price objective on shares of Johnson Controls International PLC in a research note on Monday, August 28th. Finally, Royal Bank Of Canada restated a “hold” rating and set a $43.00 price objective (down previously from $48.00) on shares of Johnson Controls International PLC in a research note on Friday, July 28th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $49.75.

Johnson Controls International PLC (NYSE:JCI) opened at 39.16 on Monday. The stock’s 50 day moving average price is $39.50 and its 200 day moving average price is $41.41. Johnson Controls International PLC has a 12-month low of $36.74 and a 12-month high of $47.70. The company’s market capitalization is $36.51 billion.

Johnson Controls International PLC (NYSE:JCI) last announced its quarterly earnings results on Thursday, July 27th. The auto parts company reported $0.71 EPS for the quarter, hitting analysts’ consensus estimates of $0.71. The firm had revenue of $7.67 billion during the quarter, compared to analysts’ expectations of $7.72 billion. Johnson Controls International PLC had a negative net margin of 0.43% and a positive return on equity of 11.74%. The company’s revenue for the quarter was up 48.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.07 earnings per share. On average, equities research analysts anticipate that Johnson Controls International PLC will post $2.61 earnings per share 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.

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

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