Baker Chad R maintained its position in Johnson Controls International PLC (NYSE:JCI) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 117,279 shares of the auto parts company’s stock at the end of the second quarter. Johnson Controls International PLC makes up approximately 2.0% of Baker Chad R’s portfolio, making the stock its 20th largest holding. Baker Chad R’s holdings in Johnson Controls International PLC were worth $5,085,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the stock. FNY Managed Accounts LLC purchased a new stake in Johnson Controls International PLC in the first quarter worth about $100,000. Bessemer Group Inc. raised its position in shares of Johnson Controls International PLC by 5.5% in the 2nd quarter. Bessemer Group Inc. now owns 2,550 shares of the auto parts company’s stock worth $110,000 after acquiring an additional 133 shares in the last quarter. Harfst & Associates Inc. raised its position in shares of Johnson Controls International PLC by 16.9% in the 2nd quarter. Harfst & Associates Inc. now owns 2,691 shares of the auto parts company’s stock worth $116,000 after acquiring an additional 389 shares in the last quarter. Grove Bank & Trust raised its position in shares of Johnson Controls International PLC by 57.7% in the 2nd quarter. Grove Bank & Trust now owns 2,693 shares of the auto parts company’s stock worth $117,000 after acquiring an additional 985 shares in the last quarter. Finally, First PREMIER Bank raised its position in shares of Johnson Controls International PLC by 366.2% in the 2nd quarter. First PREMIER Bank now owns 3,361 shares of the auto parts company’s stock worth $146,000 after acquiring an additional 2,640 shares in the last quarter. 86.09% of the stock is owned by institutional investors.

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A number of research firms have recently weighed in on JCI. TheStreet raised shares of Johnson Controls International PLC from a “c” rating to a “b” rating in a research report on Thursday, July 27th. BidaskClub lowered shares of Johnson Controls International PLC from a “sell” rating to a “strong sell” rating in a research note on Friday, August 18th. Morgan Stanley cut their price objective on shares of Johnson Controls International PLC from $51.00 to $46.00 and set an “overweight” rating on the stock in a report on Monday, August 7th. Wolfe Research started coverage on shares of Johnson Controls International PLC in a report on Tuesday, July 11th. They issued a “market perform” rating on the stock. Finally, Zacks Investment Research raised shares of Johnson Controls International PLC from a “sell” rating to a “hold” rating in a research note on Tuesday, September 5th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $48.86.

Shares of Johnson Controls International PLC (JCI) traded up 0.161% during trading on Monday, hitting $40.355. 1,310,860 shares of the company’s stock were exchanged. Johnson Controls International PLC has a 12-month low of $36.74 and a 12-month high of $46.86. The company has a 50-day moving average of $39.03 and a 200-day moving average of $41.28. The company’s market cap is $37.63 billion.

Johnson Controls International PLC (NYSE:JCI) last issued its quarterly 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. Johnson Controls International PLC had a positive return on equity of 11.74% and a negative net margin of 0.43%. The firm had revenue of $7.67 billion during the quarter, compared to analysts’ expectations of $7.72 billion. During the same period in the previous year, the business earned $1.07 earnings per share. The firm’s revenue for the quarter was up 48.8% on a year-over-year basis. On average, equities analysts expect that Johnson Controls International PLC will post $2.61 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Monday, September 25th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.48%. The ex-dividend date is Friday, September 22nd. Johnson Controls International PLC’s payout ratio 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.

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

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