Gratus Capital LLC reduced its holdings in shares of Johnson Controls International PLC (NYSE:JCI) by 3.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 46,914 shares of the auto parts company’s stock after selling 1,528 shares during the quarter. Gratus Capital LLC’s holdings in Johnson Controls International PLC were worth $1,890,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in JCI. Dodge & Cox grew its stake in Johnson Controls International PLC by 83.5% during the second quarter. Dodge & Cox now owns 57,851,274 shares of the auto parts company’s stock worth $2,508,431,000 after buying an additional 26,319,624 shares during the period. The Manufacturers Life Insurance Company grew its stake in Johnson Controls International PLC by 144.1% during the second quarter. The Manufacturers Life Insurance Company now owns 4,877,880 shares of the auto parts company’s stock worth $211,505,000 after buying an additional 2,879,948 shares during the period. Capital World Investors grew its stake in Johnson Controls International PLC by 4.7% during the second quarter. Capital World Investors now owns 42,405,917 shares of the auto parts company’s stock worth $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 during the second quarter worth approximately $77,094,000. Finally, Bain Capital Public Equity Management LLC purchased a new stake in Johnson Controls International PLC during the second quarter worth approximately $76,382,000. Institutional investors own 88.25% of the company’s stock.

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Several equities research analysts have issued reports on JCI shares. TheStreet upgraded shares of Johnson Controls International PLC from a “c” rating to a “b” rating in a research note on Thursday, July 27th. Robert W. Baird reissued a “buy” rating and set a $50.00 target price on shares of Johnson Controls International PLC in a research report on Monday, August 28th. Gabelli raised shares of Johnson Controls International PLC from a “hold” rating to a “buy” rating and set a $51.00 target price on the stock in a research report on Friday, July 28th. Cowen and Company reissued a “buy” rating and set a $48.00 target price on shares of Johnson Controls International PLC in a research report on Wednesday, September 27th. Finally, Citigroup Inc. reissued a “buy” rating and set a $50.00 target price (up from $47.00) on shares of Johnson Controls International PLC in a research report on Monday, October 9th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $47.79.

Johnson Controls International PLC (NYSE:JCI) traded up $0.79 on Thursday, reaching $36.79. 5,848,200 shares of the company traded hands, compared to its average volume of 5,147,991. The firm has a market capitalization of $33,315.66, a PE ratio of 13.79, a PEG ratio of 0.97 and a beta of 0.94. The company has a quick ratio of 0.77, a current ratio of 1.04 and a debt-to-equity ratio of 0.56. Johnson Controls International PLC has a 1 year low of $34.51 and a 1 year high of $46.17.

Johnson Controls International PLC (NYSE:JCI) last posted its quarterly earnings results on Thursday, November 9th. The auto parts company reported $0.87 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.87. The firm had revenue of $8.14 billion for the quarter, compared to analysts’ expectations of $8.10 billion. Johnson Controls International PLC had a net margin of 6.32% and a return on equity of 11.91%. The firm’s quarterly revenue was up 30.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.21 earnings per share. sell-side analysts predict that Johnson Controls International PLC will post 2.8 earnings per share for the current year.

In other Johnson Controls International PLC news, VP Jeffrey M. Williams sold 1,955 shares of the stock in a transaction on Wednesday, October 11th. The shares were sold at an average price of $41.43, for a total transaction of $80,995.65. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.48% of the stock is currently 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.

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

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