Tiverton Asset Management LLC maintained its position in Johnson Controls International PLC (NYSE:JCI) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 44,000 shares of the auto parts company’s stock at the end of the second quarter. Tiverton Asset Management LLC’s holdings in Johnson Controls International PLC were worth $1,908,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. CHICAGO TRUST Co NA increased its position in Johnson Controls International PLC by 0.5% during the 2nd quarter. CHICAGO TRUST Co NA now owns 7,679 shares of the auto parts company’s stock worth $333,000 after purchasing an additional 36 shares in the last quarter. First Interstate Bank increased its position in Johnson Controls International PLC by 0.9% during the 2nd quarter. First Interstate Bank now owns 7,069 shares of the auto parts company’s stock worth $307,000 after purchasing an additional 62 shares in the last quarter. Stanley Laman Group Ltd. increased its position in Johnson Controls International PLC by 0.6% during the 2nd quarter. Stanley Laman Group Ltd. now owns 11,410 shares of the auto parts company’s stock worth $495,000 after purchasing an additional 63 shares in the last quarter. Banced Corp increased its position in Johnson Controls International PLC by 0.7% during the 2nd quarter. Banced Corp now owns 11,954 shares of the auto parts company’s stock worth $519,000 after purchasing an additional 84 shares in the last quarter. Finally, River Wealth Advisors LLC increased its position in Johnson Controls International PLC by 1.1% during the 2nd quarter. River Wealth Advisors LLC now owns 11,070 shares of the auto parts company’s stock worth $480,000 after purchasing an additional 117 shares in the last quarter. Institutional investors and hedge funds own 86.17% of the company’s stock.

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Johnson Controls International PLC (NYSE:JCI) traded down 0.72% on Friday, hitting $39.81. 6,186,135 shares of the company were exchanged. The stock has a 50 day moving average of $39.03 and a 200 day moving average of $41.33. Johnson Controls International PLC has a 52 week low of $36.74 and a 52 week high of $46.86. The company’s market capitalization is $37.12 billion.

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

The business also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Monday, September 25th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.51%. The ex-dividend date is Friday, September 22nd. Johnson Controls International PLC’s dividend payout ratio (DPR) is currently -196.08%.

A number of equities research analysts have weighed in on JCI shares. TheStreet raised shares of Johnson Controls International PLC from a “c” rating to a “b” rating in a report on Thursday, July 27th. Wolfe Research started coverage on shares of Johnson Controls International PLC in a report on Tuesday, July 11th. They set a “market perform” rating on the stock. Morgan Stanley reduced their target price on shares of Johnson Controls International PLC from $51.00 to $46.00 and set an “overweight” rating on the stock in a report on Monday, August 7th. BidaskClub lowered shares of Johnson Controls International PLC from a “sell” rating to a “strong sell” rating in a report on Friday, August 18th. Finally, Zacks Investment Research raised shares of Johnson Controls International PLC from a “sell” rating to a “hold” rating in a report on Tuesday, September 5th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and twelve have assigned a buy rating to the company. Johnson Controls International PLC currently has an average rating of “Hold” and an average target price of $49.63.

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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