Daiwa Securities Group Inc. boosted its position in shares of Johnson Controls International PLC (NYSE:JCI) by 2.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 26,937 shares of the auto parts company’s stock after buying an additional 700 shares during the period. Daiwa Securities Group Inc.’s holdings in Johnson Controls International PLC were worth $1,168,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JCI. OppenheimerFunds Inc. boosted its position in Johnson Controls International PLC by 31.3% in the first quarter. OppenheimerFunds Inc. now owns 11,209,265 shares of the auto parts company’s stock worth $472,135,000 after buying an additional 2,670,778 shares during the last quarter. Lazard Asset Management LLC boosted its position in Johnson Controls International PLC by 20.1% in the first quarter. Lazard Asset Management LLC now owns 11,231,816 shares of the auto parts company’s stock worth $473,083,000 after buying an additional 1,883,034 shares during the last quarter. Strs Ohio purchased a new position in Johnson Controls International PLC during the second quarter worth $77,094,000. Bank of New York Mellon Corp boosted its position in Johnson Controls International PLC by 19.2% in the first quarter. Bank of New York Mellon Corp now owns 9,214,364 shares of the auto parts company’s stock worth $388,108,000 after buying an additional 1,483,178 shares during the last quarter. Finally, Diamond Hill Capital Management Inc. boosted its position in Johnson Controls International PLC by 20,208.5% in the second quarter. Diamond Hill Capital Management Inc. now owns 1,120,419 shares of the auto parts company’s stock worth $48,581,000 after buying an additional 1,114,902 shares during the last quarter. 85.23% of the stock is owned by institutional investors.

Johnson Controls International PLC (JCI) opened at 38.89 on Friday. The firm has a 50-day moving average of $42.07 and a 200 day moving average of $41.96. The firm’s market capitalization is $36.26 billion. Johnson Controls International PLC has a 12-month low of $38.51 and a 12-month high of $49.83.

Johnson Controls International PLC (NYSE:JCI) last released its earnings results on Thursday, July 27th. The auto parts company reported $0.71 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.71. Johnson Controls International PLC had a negative net margin of 0.43% and a positive return on equity of 11.74%. The business had revenue of $7.67 billion for the quarter, compared to analysts’ expectations of $7.72 billion. During the same period last year, the company earned $1.07 earnings per share. The company’s quarterly revenue was up 48.8% on a year-over-year basis. On average, equities analysts predict that Johnson Controls International PLC will post $2.61 EPS for the current year.

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Several analysts have recently issued reports on JCI shares. Cowen and Company reiterated a “buy” rating and issued a $52.00 target price on shares of Johnson Controls International PLC in a research report on Thursday, April 27th. Zacks Investment Research lowered shares of Johnson Controls International PLC from a “hold” rating to a “sell” rating in a research report on Tuesday, July 4th. Morgan Stanley reiterated an “overweight” rating and issued a $51.00 target price (up previously from $50.00) on shares of Johnson Controls International PLC in a research report on Monday, July 10th. JMP Securities started coverage on shares of Johnson Controls International PLC in a research report on Monday, June 19th. They issued an “outperform” rating and a $54.00 target price on the stock. Finally, ValuEngine lowered shares of Johnson Controls International PLC from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. Johnson Controls International PLC currently has a consensus rating of “Buy” and an average price target of $50.43.

Johnson Controls International PLC Company 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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