Lord Abbett & CO. LLC boosted its position in shares of Johnson Controls International PLC (NYSE:JCI) by 39.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,601,063 shares of the auto parts company’s stock after purchasing an additional 1,021,785 shares during the period. Lord Abbett & CO. LLC owned about 0.39% of Johnson Controls International PLC worth $156,142,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of JCI. Dodge & Cox boosted its position in Johnson Controls International PLC by 83.5% in the 2nd quarter. Dodge & Cox now owns 57,851,274 shares of the auto parts company’s stock valued at $2,508,431,000 after buying an additional 26,319,624 shares during the period. The Manufacturers Life Insurance Company boosted its position in Johnson Controls International PLC by 144.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,877,880 shares of the auto parts company’s stock valued at $211,505,000 after buying an additional 2,879,948 shares during the period. Capital World Investors boosted its position in Johnson Controls International PLC by 4.7% in the 2nd quarter. Capital World Investors now owns 42,405,917 shares of the auto parts company’s stock valued at $1,838,721,000 after buying an additional 1,917,892 shares during the period. Strs Ohio purchased a new stake in Johnson Controls International PLC in the 2nd quarter valued at about $77,094,000. Finally, Bain Capital Public Equity Management LLC purchased a new stake in Johnson Controls International PLC in the 2nd quarter valued at about $76,382,000. Institutional investors own 86.04% of the company’s stock.

Shares of Johnson Controls International PLC (JCI) traded down 0.62% on Monday, reaching $41.43. 1,341,861 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $40.12 and a 200 day moving average of $41.16. Johnson Controls International PLC has a one year low of $36.74 and a one year high of $46.17. The firm’s market capitalization is $38.63 billion.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, October 13th. Investors of record on Monday, September 25th were given a $0.25 dividend. The ex-dividend date of this dividend was Friday, September 22nd. This represents a $1.00 annualized dividend and a yield of 2.40%. Johnson Controls International PLC’s dividend payout ratio (DPR) is -196.08%.

Several research firms have issued reports on JCI. Citigroup Inc. reissued a “buy” rating and issued a $50.00 price objective (up from $47.00) on shares of Johnson Controls International PLC in a research report on Monday, October 9th. Cowen and Company reissued an “outperform” rating and issued a $48.00 price objective on shares of Johnson Controls International PLC in a research report on Monday, August 21st. Zacks Investment Research raised shares of Johnson Controls International PLC from a “sell” rating to a “hold” rating in a research report on Tuesday, September 5th. BidaskClub raised shares of Johnson Controls International PLC from a “sell” rating to a “hold” rating in a research report on Thursday, June 29th. Finally, Robert W. Baird reissued a “buy” rating and issued a $50.00 price objective on shares of Johnson Controls International PLC in a research report on Monday, August 28th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and eleven have given a buy rating to the stock. Johnson Controls International PLC presently has an average rating of “Hold” and a consensus price target of $48.71.

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In related news, VP Jeffrey M. Williams sold 1,955 shares of the company’s stock in a transaction on Wednesday, October 11th. The shares were sold at an average price of $41.43, for a total value of $80,995.65. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.50% of the stock is owned by corporate insiders.

Johnson Controls International PLC 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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