M&T Bank Corp increased its stake in Johnson Controls International PLC (NYSE:JCI) by 1.2% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 139,340 shares of the auto parts company’s stock after buying an additional 1,600 shares during the period. M&T Bank Corp’s holdings in Johnson Controls International PLC were worth $6,043,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. CHICAGO TRUST Co NA grew its stake in shares of Johnson Controls International PLC by 0.5% in the 2nd quarter. CHICAGO TRUST Co NA now owns 7,679 shares of the auto parts company’s stock worth $333,000 after buying an additional 36 shares during the last quarter. First Interstate Bank grew its stake in shares of Johnson Controls International PLC by 0.9% in the 2nd quarter. First Interstate Bank now owns 7,069 shares of the auto parts company’s stock worth $307,000 after buying an additional 62 shares during the last quarter. Stanley Laman Group Ltd. grew its stake in shares of Johnson Controls International PLC by 0.6% in the 2nd quarter. Stanley Laman Group Ltd. now owns 11,410 shares of the auto parts company’s stock worth $495,000 after buying an additional 63 shares during the last quarter. Banced Corp grew its stake in shares of Johnson Controls International PLC by 0.7% in the 2nd quarter. Banced Corp now owns 11,954 shares of the auto parts company’s stock worth $519,000 after buying an additional 84 shares during the last quarter. Finally, River Wealth Advisors LLC grew its stake in shares of Johnson Controls International PLC by 1.1% in the 2nd quarter. River Wealth Advisors LLC now owns 11,070 shares of the auto parts company’s stock worth $480,000 after buying an additional 117 shares during the last quarter. Institutional investors own 86.08% of the company’s stock.

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Johnson Controls International PLC (JCI) opened at 39.89 on Friday. Johnson Controls International PLC has a one year low of $36.74 and a one year high of $46.86. The company’s market capitalization is $37.19 billion. The company has a 50-day moving average price of $39.03 and a 200-day moving average price of $41.28.

Johnson Controls International PLC (NYSE:JCI) last posted its earnings results on Thursday, July 27th. The auto parts company reported $0.71 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.71. The company had revenue of $7.67 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 48.8% on a year-over-year basis. During the same period in the previous year, the firm posted $1.07 earnings per share. Analysts expect that Johnson Controls International PLC will post $2.61 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Monday, September 25th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, September 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 2.51%. Johnson Controls International PLC’s dividend payout ratio is presently -196.08%.

Several equities analysts recently issued reports on the company. Zacks Investment Research cut Johnson Controls International PLC from a “hold” rating to a “sell” rating in a research report on Tuesday, July 4th. Morgan Stanley reaffirmed an “overweight” rating and issued a $51.00 price objective (up from $50.00) on shares of Johnson Controls International PLC in a research report on Monday, July 10th. JMP Securities assumed coverage on Johnson Controls International PLC in a research report on Monday, June 19th. They issued an “outperform” rating and a $54.00 price objective on the stock. ValuEngine cut Johnson Controls International PLC from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Robert W. Baird reaffirmed a “buy” rating and issued a $50.00 price objective on shares of Johnson Controls International PLC in a research report on Monday, August 28th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $48.86.

Johnson Controls International PLC 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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