Johnson Controls International PLC (JCI) Shares Bought by Schwab Charles Investment Management Inc.

Schwab Charles Investment Management Inc. raised its position in Johnson Controls International PLC (NYSE:JCI) by 2.9% during the second quarter, Holdings Channel reports. The fund owned 3,185,958 shares of the auto parts company’s stock after buying an additional 88,474 shares during the period. Schwab Charles Investment Management Inc.’s holdings in Johnson Controls International PLC were worth $138,144,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of JCI. FNY Managed Accounts LLC acquired a new stake in shares of Johnson Controls International PLC during the first quarter worth $100,000. Bessemer Group Inc. increased its stake in shares of Johnson Controls International PLC by 5.5% in the second quarter. Bessemer Group Inc. now owns 2,550 shares of the auto parts company’s stock worth $110,000 after buying an additional 133 shares during the last quarter. Grove Bank & Trust increased its stake in shares of Johnson Controls International PLC by 57.7% in the second quarter. Grove Bank & Trust now owns 2,693 shares of the auto parts company’s stock worth $117,000 after buying an additional 985 shares during the last quarter. First PREMIER Bank increased its stake 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 last quarter. Finally, Bbva Compass Bancshares Inc. increased its stake 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 last quarter. Institutional investors and hedge funds own 85.23% of the company’s stock.

Shares of Johnson Controls International PLC (JCI) opened at 38.67 on Friday. Johnson Controls International PLC has a 1-year low of $38.51 and a 1-year high of $49.83. The company’s market capitalization is $36.06 billion. The company’s 50 day moving average price is $41.98 and its 200-day moving average price is $41.93.

Johnson Controls International PLC (NYSE:JCI) last posted its quarterly earnings results on Thursday, July 27th. The auto parts company reported $0.71 EPS for the quarter, meeting the Zacks’ 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 positive return on equity of 11.74% and a negative net margin of 0.43%. The business’s quarterly revenue was up 48.8% on a year-over-year basis. During the same period last year, the firm earned $1.07 earnings per share. On average, equities analysts forecast that Johnson Controls International PLC will post $2.61 earnings per share for the current year.

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A number of brokerages have weighed in on JCI. Atlantic Securities downgraded Johnson Controls International PLC from an “overweight” rating to a “neutral” rating in a report on Friday, July 28th. BidaskClub downgraded Johnson Controls International PLC from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. TheStreet upgraded Johnson Controls International PLC from a “c” rating to a “b” rating in a report on Thursday, July 27th. Morgan Stanley lowered their target price on Johnson Controls International PLC from $51.00 to $46.00 and set an “overweight” rating for the company in a report on Monday, August 7th. Finally, Royal Bank Of Canada reiterated a “hold” rating and issued a $43.00 target price (down from $48.00) on shares of Johnson Controls International PLC in a report on Friday, July 28th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price 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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