Macquarie Group Ltd. boosted its stake in Johnson Controls International PLC (NYSE:JCI) by 2.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 457,412 shares of the auto parts company’s stock after purchasing an additional 11,315 shares during the period. Macquarie Group Ltd.’s holdings in Johnson Controls International were worth $15,301,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of JCI. First PREMIER Bank acquired a new position in shares of Johnson Controls International during the second quarter worth about $118,000. Resources Investment Advisors Inc. increased its stake in shares of Johnson Controls International by 132.4% during the first quarter. Resources Investment Advisors Inc. now owns 3,681 shares of the auto parts company’s stock worth $129,000 after acquiring an additional 2,097 shares during the period. FTB Advisors Inc. acquired a new position in Johnson Controls International during the second quarter worth about $138,000. Well Done LLC acquired a new position in Johnson Controls International during the first quarter worth about $156,000. Finally, Point72 Hong Kong Ltd acquired a new position in Johnson Controls International during the second quarter worth about $156,000. Institutional investors and hedge funds own 92.89% of the company’s stock.

Several brokerages have issued reports on JCI. Barclays reduced their price target on shares of Johnson Controls International from $41.00 to $38.00 and set an “equal weight” rating on the stock in a report on Monday, July 9th. Wolfe Research began coverage on shares of Johnson Controls International in a report on Wednesday, June 27th. They issued a “market perform” rating on the stock. Royal Bank of Canada reaffirmed a “sell” rating and issued a $34.00 price target on shares of Johnson Controls International in a report on Wednesday, August 1st. Zacks Investment Research raised shares of Johnson Controls International from a “sell” rating to a “hold” rating in a research note on Thursday, August 2nd. Finally, Citigroup upped their price objective on shares of Johnson Controls International from $45.00 to $46.00 and gave the company a “buy” rating in a research note on Thursday, August 2nd. Four research analysts have rated the stock with a sell rating, twelve have given a hold rating and four have assigned a buy rating to the stock. Johnson Controls International currently has an average rating of “Hold” and an average target price of $41.27.

Shares of Johnson Controls International stock traded down $0.77 during trading hours on Friday, hitting $32.96. The company’s stock had a trading volume of 7,734,483 shares, compared to its average volume of 5,145,668. The firm has a market capitalization of $32.37 billion, a P/E ratio of 12.68, a PEG ratio of 1.13 and a beta of 0.85. Johnson Controls International PLC has a 1-year low of $32.35 and a 1-year high of $42.60. The company has a quick ratio of 0.79, a current ratio of 1.10 and a debt-to-equity ratio of 0.48.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings results on Tuesday, July 31st. The auto parts company reported $0.81 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.79 by $0.02. The business had revenue of $8.12 billion during the quarter, compared to analyst estimates of $7.96 billion. Johnson Controls International had a net margin of 7.27% and a return on equity of 11.84%. The business’s revenue was up 5.9% on a year-over-year basis. During the same period last year, the business earned $0.71 EPS. On average, research analysts expect that Johnson Controls International PLC will post 2.81 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 12th. Shareholders of record on Monday, September 24th were issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 3.16%. The ex-dividend date was Friday, September 21st. Johnson Controls International’s dividend payout ratio is currently 40.00%.

Johnson Controls International Profile

Johnson Controls International plc operates as a diversified technology and multi industrial company worldwide. The company operates through Building Technologies & Solutions and Power Solutions segments. It designs, sells, controls, installs heating, ventilating, and air conditioning systems. The company also provides residential air conditioning and heating systems, and industrial refrigeration products, as well as technical and energy management consulting services.

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Institutional Ownership by Quarter for Johnson Controls International (NYSE:JCI)

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