PNC Financial Services Group Inc. decreased its position in shares of Johnson Controls International PLC (NYSE:JCI) by 12.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 595,997 shares of the auto parts company’s stock after selling 82,536 shares during the quarter. PNC Financial Services Group Inc. owned approximately 0.06% of Johnson Controls International PLC worth $25,843,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. American International Group Inc. grew its holdings in shares of Johnson Controls International PLC by 0.8% during the first 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 during the last quarter. Financial Counselors Inc. grew its holdings in shares of Johnson Controls International PLC by 2.8% during the first 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 during the last quarter. Schafer Cullen Capital Management Inc. grew its holdings in shares of Johnson Controls International PLC by 9.5% during the first quarter. Schafer Cullen Capital Management Inc. now owns 2,083,531 shares of the auto parts company’s stock worth $87,758,000 after purchasing an additional 180,821 shares during the last quarter. Trust Co. of Toledo NA OH grew its holdings in shares of Johnson Controls International PLC by 5.5% during the first quarter. Trust Co. of Toledo NA OH now owns 30,317 shares of the auto parts company’s stock worth $1,277,000 after purchasing an additional 1,579 shares during the last quarter. Finally, Federated Investors Inc. PA grew its holdings in shares of Johnson Controls International PLC by 368.6% during the second quarter. Federated Investors Inc. PA now owns 73,435 shares of the auto parts company’s stock worth $3,184,000 after purchasing an additional 57,764 shares during the last quarter. 86.08% of the stock is currently owned by institutional investors.

Several equities analysts have issued reports on the company. Wolfe Research assumed coverage on Johnson Controls International PLC in a report on Tuesday, July 11th. They set a “market perform” rating on the stock. Morgan Stanley reaffirmed an “overweight” rating and set a $51.00 price objective (up previously from $50.00) on shares of Johnson Controls International PLC in a report on Monday, July 10th. Zacks Investment Research lowered Johnson Controls International PLC from a “hold” rating to a “sell” rating in a report on Tuesday, July 4th. BidaskClub raised Johnson Controls International PLC from a “sell” rating to a “hold” rating in a report on Thursday, June 29th. Finally, ValuEngine lowered Johnson Controls International PLC from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and twelve have assigned a buy rating to the stock. Johnson Controls International PLC has an average rating of “Hold” and a consensus price target of $49.13.

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Johnson Controls International PLC (NYSE:JCI) traded down 0.83% during midday trading on Tuesday, hitting $39.24. 296,116 shares of the stock were exchanged. Johnson Controls International PLC has a 52 week low of $36.74 and a 52 week high of $46.86. The stock’s market cap is $36.59 billion. The firm’s 50-day moving average is $39.03 and its 200 day moving average is $41.30.

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 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 firm had revenue of $7.67 billion during the quarter, compared to analysts’ expectations of $7.72 billion. During the same quarter in the prior year, the firm earned $1.07 EPS. Johnson Controls International PLC’s quarterly revenue was up 48.8% on a year-over-year basis. Equities research analysts expect that Johnson Controls International PLC will post $2.61 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Shareholders of record on Monday, September 25th will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.53%. The ex-dividend date of this dividend is Friday, September 22nd. Johnson Controls International PLC’s dividend payout ratio (DPR) is -196.08%.

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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