Tiedemann Wealth Management LLC Purchases New Stake in Johnson Controls International plc Ordinary Share (JCI)

Tiedemann Wealth Management LLC bought a new position in Johnson Controls International plc Ordinary Share (NYSE:JCI) during the first quarter, Holdings Channel reports. The firm bought 5,786 shares of the auto parts company’s stock, valued at approximately $244,000.

Several other large investors have also bought and sold shares of JCI. Price T Rowe Associates Inc. MD raised its stake in Johnson Controls International plc Ordinary Share by 72.7% in the third quarter. Price T Rowe Associates Inc. MD now owns 52,726,629 shares of the auto parts company’s stock worth $2,453,370,000 after buying an additional 22,191,201 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its stake in Johnson Controls International plc Ordinary Share by 6.9% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 40,120,022 shares of the auto parts company’s stock worth $1,652,544,000 after buying an additional 2,602,754 shares in the last quarter. State Street Corp raised its stake in Johnson Controls International plc Ordinary Share by 7.0% in the fourth quarter. State Street Corp now owns 39,420,646 shares of the auto parts company’s stock worth $1,623,742,000 after buying an additional 2,562,228 shares in the last quarter. Dodge & Cox acquired a new stake in Johnson Controls International plc Ordinary Share during the fourth quarter worth $1,310,860,000. Finally, Davis Selected Advisers raised its stake in Johnson Controls International plc Ordinary Share by 2.2% in the fourth quarter. Davis Selected Advisers now owns 14,906,750 shares of the auto parts company’s stock worth $614,009,000 after buying an additional 316,685 shares in the last quarter. Institutional investors own 82.75% of the company’s stock.

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

Johnson Controls International plc Ordinary Share (NYSE:JCI) traded up 0.09% on Monday, reaching $42.64. 2,897,693 shares of the company traded hands. The stock’s 50-day moving average is $41.73 and its 200-day moving average is $42.52. The stock’s market capitalization is $40.00 billion. Johnson Controls International plc Ordinary Share has a 1-year low of $39.16 and a 1-year high of $48.97.

Johnson Controls International plc Ordinary Share (NYSE:JCI) last released its quarterly earnings data on Thursday, April 27th. The auto parts company reported $0.50 earnings per share for the quarter, meeting the consensus estimate of $0.50. Johnson Controls International plc Ordinary Share had a negative net margin of 2.07% and a positive return on equity of 13.43%. The firm had revenue of $7.24 billion during the quarter, compared to analysts’ expectations of $7.09 billion. During the same period in the previous year, the company earned $0.86 earnings per share. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. Equities research analysts expect that Johnson Controls International plc Ordinary Share will post $2.63 EPS for the current year.

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JCI has been the subject of a number of recent analyst reports. Credit Suisse Group AG reaffirmed a “buy” rating and issued a $51.00 price objective on shares of Johnson Controls International plc Ordinary Share in a research report on Sunday, February 5th. HSBC Holdings plc initiated coverage on shares of Johnson Controls International plc Ordinary Share in a research report on Friday, March 31st. They issued a “buy” rating and a $50.00 price objective for the company. Susquehanna Bancshares Inc raised shares of Johnson Controls International plc Ordinary Share from a “neutral” rating to a “positive” rating and upped their price objective for the stock from $47.00 to $49.00 in a research report on Monday, March 20th. They noted that the move was a valuation call. Zacks Investment Research downgraded shares of Johnson Controls International plc Ordinary Share from a “hold” rating to a “sell” rating in a research report on Tuesday, April 4th. Finally, Oppenheimer Holdings Inc. reaffirmed a “buy” rating on shares of Johnson Controls International plc Ordinary Share in a research report on Wednesday, February 1st. Ten research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. Johnson Controls International plc Ordinary Share currently has a consensus rating of “Buy” and a consensus price target of $50.82.

In related news, CEO Alex A. Molinaroli sold 6,335 shares of the business’s stock in a transaction that occurred on Tuesday, May 9th. The shares were sold at an average price of $41.96, for a total transaction of $265,816.60. Following the completion of the sale, the chief executive officer now directly owns 1,296,407 shares in the company, valued at $54,397,237.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.50% of the company’s stock.

Johnson Controls International plc Ordinary Share 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.

12 Month Chart for NYSE:JCI

Want to see what other hedge funds are holding JCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Johnson Controls International plc Ordinary Share (NYSE:JCI).

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