Prudential PLC increased its position in shares of Johnson Controls International PLC (NYSE:JCI) by 5.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 792,570 shares of the auto parts company’s stock after purchasing an additional 37,389 shares during the period. Prudential PLC owned approximately 0.09% of Johnson Controls International PLC worth $34,366,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the business. CHICAGO TRUST Co NA boosted its position in 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 valued at $333,000 after buying an additional 36 shares during the period. First Interstate Bank lifted its position 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 purchasing an additional 62 shares during the period. Stanley Laman Group Ltd. lifted its position 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 purchasing an additional 63 shares during the period. Banced Corp lifted its position 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 purchasing an additional 84 shares during the period. Finally, River Wealth Advisors LLC lifted its position 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 purchasing an additional 117 shares during the period. 86.09% of the stock is owned by institutional investors.

Johnson Controls International PLC (NYSE:JCI) traded up 0.72% during midday trading on Friday, reaching $41.69. 3,202,348 shares of the company traded hands. The company’s 50-day moving average price is $40.09 and its 200 day moving average price is $41.18. Johnson Controls International PLC has a 12 month low of $36.74 and a 12 month high of $46.17. The firm’s market capitalization is $38.87 billion.

Johnson Controls International PLC (NYSE:JCI) last announced its quarterly earnings data on Thursday, July 27th. The auto parts company reported $0.71 EPS for the quarter, hitting the Zacks’ consensus estimate 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 period last year, the company posted $1.07 EPS. On average, equities analysts anticipate that Johnson Controls International PLC will post $2.61 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, October 13th. Stockholders of record on Monday, September 25th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, September 22nd. This represents a $1.00 annualized dividend and a dividend yield of 2.40%. Johnson Controls International PLC’s dividend payout ratio is -196.08%.

In other news, VP Jeffrey M. Williams sold 1,955 shares of Johnson Controls International PLC stock in a transaction dated Wednesday, October 11th. The stock was sold at an average price of $41.43, for a total transaction of $80,995.65. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.48% of the stock is owned by insiders.

Several equities research analysts have recently weighed in on JCI shares. Zacks Investment Research cut 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 set a $51.00 price objective (up previously from $50.00) on shares of Johnson Controls International PLC in a research note on Monday, July 10th. JMP Securities started coverage on shares of Johnson Controls International PLC in a research note on Monday, June 19th. They set an “outperform” rating and a $54.00 price objective for the company. Robert W. Baird reiterated a “buy” rating and set a $50.00 price objective on shares of Johnson Controls International PLC in a research note on Monday, August 28th. Finally, Gabelli upgraded shares of Johnson Controls International PLC from a “hold” rating to a “buy” rating and set a $51.00 price target on the stock in a research note on Friday, July 28th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and eleven have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $48.71.

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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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