Janney Montgomery Scott LLC lifted its stake in Johnson Controls International PLC (NYSE:JCI) by 11.1% in the 3rd quarter, HoldingsChannel reports. The firm owned 415,389 shares of the auto parts company’s stock after acquiring an additional 41,449 shares during the period. Janney Montgomery Scott LLC’s holdings in Johnson Controls International were worth $14,539,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. BP PLC purchased a new stake in shares of Johnson Controls International in the 3rd quarter worth $4,024,000. Tocqueville Asset Management L.P. increased its stake in shares of Johnson Controls International by 7.8% in the 2nd quarter. Tocqueville Asset Management L.P. now owns 83,019 shares of the auto parts company’s stock worth $2,777,000 after purchasing an additional 5,999 shares in the last quarter. Canandaigua National Bank & Trust Co. increased its stake in shares of Johnson Controls International by 9.5% in the 3rd quarter. Canandaigua National Bank & Trust Co. now owns 69,668 shares of the auto parts company’s stock worth $2,438,000 after purchasing an additional 6,046 shares in the last quarter. Global X Management Co LLC increased its stake in shares of Johnson Controls International by 28.7% in the 2nd quarter. Global X Management Co LLC now owns 78,579 shares of the auto parts company’s stock worth $2,628,000 after purchasing an additional 17,537 shares in the last quarter. Finally, Wolverine Asset Management LLC increased its stake in shares of Johnson Controls International by 68.5% in the 2nd quarter. Wolverine Asset Management LLC now owns 61,500 shares of the auto parts company’s stock worth $2,057,000 after purchasing an additional 25,000 shares in the last quarter. Hedge funds and other institutional investors own 92.83% of the company’s stock.

JCI has been the subject of several analyst reports. Royal Bank of Canada restated a “sell” rating and issued a $31.00 price objective on shares of Johnson Controls International in a research note on Friday, July 13th. Zacks Investment Research lowered Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Monday, July 16th. ValuEngine upgraded Johnson Controls International from a “strong sell” rating to a “sell” rating in a research note on Monday, July 30th. Barclays increased their price target on Johnson Controls International from $38.00 to $39.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 1st. Finally, Citigroup increased their price target on Johnson Controls International from $45.00 to $46.00 and gave the stock a “buy” rating in a research note on Thursday, August 2nd. Four equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have given a buy rating to the company’s stock. Johnson Controls International currently has a consensus rating of “Hold” and a consensus target price of $40.29.

Shares of JCI stock opened at $34.35 on Friday. Johnson Controls International PLC has a 52-week low of $30.60 and a 52-week high of $41.53. The company has a quick ratio of 0.79, a current ratio of 1.10 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $30.89 billion, a price-to-earnings ratio of 12.15, a price-to-earnings-growth ratio of 1.01 and a beta of 0.87.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results on Thursday, November 8th. The auto parts company reported $0.93 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.93. Johnson Controls International had a return on equity of 11.84% and a net margin of 7.27%. The business had revenue of $8.37 billion during the quarter, compared to analyst estimates of $8.28 billion. During the same quarter in the prior year, the business posted $0.87 EPS. Johnson Controls International’s revenue for the quarter was up 2.9% compared to the same quarter last year. Analysts expect that Johnson Controls International PLC will post 2.97 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, October 12th. Shareholders of record on Monday, September 24th were paid a $0.26 dividend. The ex-dividend date of this dividend was Friday, September 21st. This represents a $1.04 dividend on an annualized basis and a yield of 3.03%.

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Johnson Controls International Company 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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