AGF Investments America Inc. trimmed its position in Johnson Controls International PLC (NYSE:JCI) by 16.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 93,192 shares of the auto parts company’s stock after selling 19,017 shares during the period. AGF Investments America Inc.’s holdings in Johnson Controls International were worth $3,117,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Newport Trust Co acquired a new stake in shares of Johnson Controls International during the second quarter worth $316,198,000. Kiltearn Partners LLP acquired a new stake in shares of Johnson Controls International during the first quarter worth $147,481,000. Parnassus Investments CA acquired a new stake in shares of Johnson Controls International during the second quarter worth $66,900,000. Aristotle Capital Management LLC lifted its stake in shares of Johnson Controls International by 16.1% during the first quarter. Aristotle Capital Management LLC now owns 9,132,792 shares of the auto parts company’s stock worth $321,840,000 after buying an additional 1,266,163 shares during the period. Finally, MUFG Securities EMEA plc lifted its stake in shares of Johnson Controls International by 166.4% during the first quarter. MUFG Securities EMEA plc now owns 1,796,998 shares of the auto parts company’s stock worth $63,326,000 after buying an additional 1,122,401 shares during the period. Institutional investors own 92.88% of the company’s stock.

Several equities research analysts have recently commented on the stock. TheStreet upgraded shares of Johnson Controls International from a “c+” rating to a “b-” rating in a research note on Friday, August 24th. Argus upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating in a research note on Tuesday, August 21st. Morgan Stanley assumed coverage on shares of Johnson Controls International in a research note on Monday, August 20th. They set an “equal weight” rating and a $40.00 price objective for the company. Citigroup lifted their price objective on shares of Johnson Controls International from $45.00 to $46.00 and gave the stock a “buy” rating in a research note on Thursday, August 2nd. Finally, Zacks Investment Research upgraded shares of Johnson Controls International from a “sell” rating to a “hold” rating in a research note on Thursday, August 2nd. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the company’s stock. Johnson Controls International currently has a consensus rating of “Hold” and a consensus price target of $41.82.

NYSE JCI opened at $38.93 on Wednesday. The firm has a market cap of $36.27 billion, a P/E ratio of 14.97, a price-to-earnings-growth ratio of 1.27 and a beta of 0.88. Johnson Controls International PLC has a 1 year low of $32.89 and a 1 year high of $42.60. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.10 and a quick ratio of 0.79.

Johnson Controls International (NYSE:JCI) last posted its earnings results on Tuesday, July 31st. The auto parts company reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.02. The company had revenue of $8.12 billion during the quarter, compared to the consensus estimate of $7.96 billion. Johnson Controls International had a net margin of 7.27% and a return on equity of 11.84%. The firm’s quarterly revenue was up 5.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.71 earnings per share. equities analysts predict that Johnson Controls International PLC will post 2.81 EPS for the current fiscal year.

Johnson Controls International Profile

Johnson Controls International plc operates as a diversified technology and multi industrial company worldwide. The company operates through Building Technologies & Solutions and Power Solutions segments. It designs, sells, controls, installs heating, ventilating, and air conditioning systems. The company also provides residential air conditioning and heating systems, and industrial refrigeration products, as well as technical and energy management consulting services.

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

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