Wrapmanager Inc. lifted its position in Johnson Controls International PLC (NYSE:JCI) by 1.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,869 shares of the company’s stock after acquiring an additional 288 shares during the quarter. Wrapmanager Inc.’s holdings in Johnson Controls International were worth $821,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JCI. Cornerstone Advisors Inc. grew its position in Johnson Controls International by 9.5% during the second quarter. Cornerstone Advisors Inc. now owns 2,805 shares of the company’s stock valued at $116,000 after buying an additional 244 shares during the period. Signaturefd LLC grew its position in Johnson Controls International by 7.7% during the second quarter. Signaturefd LLC now owns 4,177 shares of the company’s stock valued at $173,000 after buying an additional 299 shares during the period. Bollard Group LLC grew its position in Johnson Controls International by 0.4% during the first quarter. Bollard Group LLC now owns 78,352 shares of the company’s stock valued at $2,894,000 after buying an additional 330 shares during the period. Institutional & Family Asset Management LLC grew its position in Johnson Controls International by 15.4% during the first quarter. Institutional & Family Asset Management LLC now owns 2,734 shares of the company’s stock valued at $101,000 after buying an additional 364 shares during the period. Finally, First Interstate Bank grew its position in Johnson Controls International by 12.5% during the first quarter. First Interstate Bank now owns 3,404 shares of the company’s stock valued at $125,000 after buying an additional 377 shares during the period. Hedge funds and other institutional investors own 90.60% of the company’s stock.

In other news, CEO George Oliver sold 11,238 shares of the stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $41.67, for a total value of $468,287.46. Following the sale, the chief executive officer now directly owns 875,511 shares of the company’s stock, valued at $36,482,543.37. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Rodney M. Rushing sold 10,853 shares of the stock in a transaction dated Monday, July 1st. The stock was sold at an average price of $41.63, for a total transaction of $451,810.39. Following the completion of the sale, the insider now directly owns 53,594 shares in the company, valued at $2,231,118.22. The disclosure for this sale can be found here. Over the last three months, insiders sold 117,830 shares of company stock worth $4,879,558. Insiders own 0.50% of the company’s stock.

Several equities analysts recently weighed in on the stock. Citigroup initiated coverage on shares of Johnson Controls International in a research report on Wednesday, June 5th. They set a “buy” rating and a $45.00 price target for the company. Barclays initiated coverage on shares of Johnson Controls International in a research report on Wednesday, June 12th. They set an “equal weight” rating and a $39.00 target price for the company. Credit Suisse Group initiated coverage on shares of Johnson Controls International in a research report on Monday, May 13th. They set a “neutral” rating and a $42.00 target price for the company. Zacks Investment Research upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $44.00 target price for the company in a research report on Monday, July 1st. Finally, ValuEngine lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Seven research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $39.30.

NYSE:JCI traded down $0.98 on Wednesday, reaching $41.89. 130,765 shares of the company’s stock were exchanged, compared to its average volume of 5,846,113. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.19 and a current ratio of 1.41. The firm has a market capitalization of $34.11 billion, a price-to-earnings ratio of 14.79, a price-to-earnings-growth ratio of 2.26 and a beta of 0.94. Johnson Controls International PLC has a 52 week low of $28.30 and a 52 week high of $42.89. The company has a fifty day moving average of $41.57.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Wednesday, July 31st. The company reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.02. The firm had revenue of $6.45 billion during the quarter, compared to analyst estimates of $6.33 billion. Johnson Controls International had a net margin of 22.38% and a return on equity of 9.02%. The company’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the business earned $0.81 earnings per share. On average, equities analysts predict that Johnson Controls International PLC will post 1.94 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. The company designs, sells, installs, and services heating, ventilating, and air conditioning systems, controls systems, integrated electronic security systems, and integrated fire detection and suppression systems for commercial, industrial, retail, small business, institutional, and governmental customers; and energy efficiency solutions and technical services, including inspection, scheduled maintenance, and repair and replacement of mechanical and control systems, to non-residential building and industrial applications.

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

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