CIBC Asset Management Inc raised its position in shares of Johnson Controls International PLC (NYSE:JCI) by 2.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 70,232 shares of the auto parts company’s stock after buying an additional 1,378 shares during the period. CIBC Asset Management Inc’s holdings in Johnson Controls International PLC were worth $3,045,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. FNY Managed Accounts LLC acquired a new position in shares of Johnson Controls International PLC during the first quarter worth about $100,000. First PREMIER Bank increased its position in shares of Johnson Controls International PLC by 366.2% in the second quarter. First PREMIER Bank now owns 3,361 shares of the auto parts company’s stock worth $146,000 after buying an additional 2,640 shares during the period. Bbva Compass Bancshares Inc. increased its position in shares of Johnson Controls International PLC by 4.2% in the second quarter. Bbva Compass Bancshares Inc. now owns 3,714 shares of the auto parts company’s stock worth $161,000 after buying an additional 150 shares during the period. Livingston Group Asset Management CO operating as Southport Capital Management acquired a new position in shares of Johnson Controls International PLC during the second quarter worth about $202,000. Finally, Investment Partners Ltd. OH ADV acquired a new position in shares of Johnson Controls International PLC during the second quarter worth about $206,000. Hedge funds and other institutional investors own 85.23% of the company’s stock.

Shares of Johnson Controls International PLC (NYSE:JCI) opened at 39.17 on Monday. The stock’s market cap is $36.52 billion. The firm has a 50 day moving average price of $42.58 and a 200 day moving average price of $42.12. Johnson Controls International PLC has a 12-month low of $38.54 and a 12-month high of $48.97.

Johnson Controls International PLC (NYSE:JCI) last released its quarterly earnings data on Thursday, July 27th. The auto parts company reported $0.71 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.71. The firm had revenue of $7.67 billion during the quarter, compared to analyst estimates of $7.72 billion. Johnson Controls International PLC had a positive return on equity of 11.74% and a negative net margin of 0.43%. The business’s quarterly revenue was up 48.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.07 earnings per share. On average, equities analysts expect that Johnson Controls International PLC will post $2.61 EPS for the current year.

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A number of brokerages have issued reports on JCI. BidaskClub upgraded Johnson Controls International PLC from a “sell” rating to a “hold” rating in a research note on Thursday, June 29th. Cowen and Company restated an “outperform” rating and issued a $52.00 price objective on shares of Johnson Controls International PLC in a research note on Friday, May 19th. Royal Bank Of Canada restated a “hold” rating and issued a $43.00 price objective (down previously from $48.00) on shares of Johnson Controls International PLC in a research note on Friday, July 28th. Gabelli upgraded Johnson Controls International PLC from a “hold” rating to a “buy” rating and set a $51.00 price objective for the company in a research note on Friday, July 28th. Finally, Atlantic Securities downgraded Johnson Controls International PLC from an “overweight” rating to a “neutral” rating in a research note on Friday, July 28th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $50.70.

In other news, CEO Alex A. Molinaroli sold 6,335 shares of the company’s stock in a transaction dated Tuesday, May 9th. The stock was sold at an average price of $41.96, for a total value of $265,816.60. Following the completion of the transaction, the chief executive officer now owns 1,296,407 shares of the company’s stock, valued at $54,397,237.72. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.50% of the company’s stock.

About Johnson Controls International PLC

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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