Date | Price Target | Rating | Analyst |
---|---|---|---|
9/10/2024 | $76.00 → $80.00 | Neutral → Buy | BofA Securities |
9/6/2024 | $85.00 | Overweight | Morgan Stanley |
8/14/2024 | $61.00 → $69.00 | Underperform → Sector Perform | RBC Capital Mkts |
5/6/2024 | $74.00 → $68.00 | Buy → Neutral | UBS |
2/23/2024 | $62.00 | Buy → Neutral | Mizuho |
2/20/2024 | Buy → Hold | Argus | |
1/31/2024 | $65.00 → $60.00 | Buy → Hold | Deutsche Bank |
1/31/2024 | $60.00 | Buy → Hold | HSBC Securities |
BofA Securities upgraded Johnson Controls from Neutral to Buy and set a new price target of $80.00 from $76.00 previously
Morgan Stanley initiated coverage of Johnson Controls with a rating of Overweight and set a new price target of $85.00
RBC Capital Mkts upgraded Johnson Controls from Underperform to Sector Perform and set a new price target of $69.00 from $61.00 previously
8-K - Johnson Controls International plc (0000833444) (Filer)
10-Q - Johnson Controls International plc (0000833444) (Filer)
8-K - Johnson Controls International plc (0000833444) (Filer)
4 - Johnson Controls International plc (0000833444) (Issuer)
4 - Johnson Controls International plc (0000833444) (Issuer)
4 - Johnson Controls International plc (0000833444) (Issuer)
Johnson Controls International plc (NYSE:JCI) shares are trading higher after the company agreed to sell its Residential and Light Commercial (R&LC) HVAC business to the Bosch Group. The total transaction is valued at $8.1 billion, with Johnson Controls’ share of around $6.7 billion. The transaction includes $4.6 billion for its North America Ducted business (16.7x fiscal 2023 EBITDA) and $2.1 billion for its stake in the Johnson Controls-Hitachi Air Conditioning joint venture (7.5x fiscal 2023 EBITDA) in which Johnson Controls holds a 60% stake, and Hitachi owns 40%. Johnson Controls is projected to receive net cash proceeds of around $5.0 billion after taxes and transaction-relate
Divestiture Advances Johnson Controls' Transformation into a Pure-Play Provider of Comprehensive Solutions for Commercial Buildings Transaction Valued At $8.1 Billion; JCI Consideration of $6.7 Billion Company Provides Preliminary 2024 Third Fiscal Quarter Earnings Update The transaction includes the North America Ducted business and global Residential joint venture with Hitachi, Ltd. ("Hitachi"), of which Johnson Controls owns 60% and Hitachi owns 40%. The total transaction is valued at $8.1 billion, and the Company's portion of the consideration is approximately $6.7 billion. As part of the transaction, Hitachi will retain certain ductless HVAC assets located in Shimizu, Japan
CORK, Ireland, Sept. 11, 2024 /PRNewswire/ -- The board of directors of Johnson Controls International plc (NYSE:JCI), the global leader in smart, healthy and sustainable buildings, has approved a regular quarterly dividend of $0.37 per share of common stock, payable on Oct. 18, 2024, to shareholders of record at the close of business on Sept. 25, 2024. Johnson Controls has paid a consecutive dividend since 1887. About Johnson ControlsAt Johnson Controls (NYSE:JCI), we transform the environments where people live, work, learn and play. As the global leader in smart, healthy and sustainable buildings, our mission is to reimagine the performance of buildings to serve people, places and the pla
Sensormatic Solutions newest shopper insight offering merges customer satisfaction data with traffic insights to improve store performance Sensormatic Solutions, the leading global retail solutions portfolio of Johnson Controls (NYSE:JCI), collaborates with HappyOrNot®, the global leader in customer and employee experience management solutions, to announce a strategic go-to-market alliance and a new offering that puts the customer experience front and center. The Brand Vitality Meter enables stores to merge shopper feedback data collected from HappyOrNot's Smiley Touch™, Smiley Terminal™ devices at the store and Smiley Digital™ for online channels with Sensormatic Solutions traffic in
Q3 reported sales increased 1% and 3% organically*Q3 GAAP EPS of $1.45; Q3 Adjusted EPS* of $1.14Q3 Orders +5% organically year-over-yearBuilding Solutions backlog of $12.9 billion increased 10% organically year-over-yearInitiates fiscal Q4 and updates full year fiscal 2024 guidance** This news release contains non-GAAP financial measures. Definitions and reconciliations of the non-GAAP financial measures can be found in the attached footnotes. Non-GAAP measures should be considered in addition to, and not as replacements for, the most comparable GAAP measures. CORK, Ireland, July 31, 2024 /PRNewswire/ -- Johnson Controls International plc (NYSE:JCI), a global leader for smart, healthy an
SC 13G/A - Johnson Controls International plc (0000833444) (Subject)
SC 13G/A - Johnson Controls International plc (0000833444) (Subject)
SC 13G/A - Johnson Controls International plc (0000833444) (Subject)
CORK, Ireland, Sept. 11, 2024 /PRNewswire/ -- The board of directors of Johnson Controls International plc (NYSE:JCI), the global leader in smart, healthy and sustainable buildings, has approved a regular quarterly dividend of $0.37 per share of common stock, payable on Oct. 18, 2024, to shareholders of record at the close of business on Sept. 25, 2024. Johnson Controls has paid a consecutive dividend since 1887. About Johnson ControlsAt Johnson Controls (NYSE:JCI), we transform the environments where people live, work, learn and play. As the global leader in smart, healthy and sustainable buildings, our mission is to reimagine the performance of buildings to serve people, places and the pla
Q3 reported sales increased 1% and 3% organically*Q3 GAAP EPS of $1.45; Q3 Adjusted EPS* of $1.14Q3 Orders +5% organically year-over-yearBuilding Solutions backlog of $12.9 billion increased 10% organically year-over-yearInitiates fiscal Q4 and updates full year fiscal 2024 guidance** This news release contains non-GAAP financial measures. Definitions and reconciliations of the non-GAAP financial measures can be found in the attached footnotes. Non-GAAP measures should be considered in addition to, and not as replacements for, the most comparable GAAP measures. CORK, Ireland, July 31, 2024 /PRNewswire/ -- Johnson Controls International plc (NYSE:JCI), a global leader for smart, healthy an
CORK, Ireland, July 23, 2024 /PRNewswire/ -- Johnson Controls International plc (NYSE:JCI), the global leader for smart, healthy and sustainable buildings, announces the following webcast: What: Johnson Controls Third Quarter Fiscal 2024 Earnings Conference Call When: Wednesday, July 31, 2024, at 8:30 a.m. ET How: The conference call for investors can be accessed in the following ways: Live via webcast at http://investors.johnsoncontrols.com/news-and-events/events-and-presentations Note: A slide presentation will be available that morning for downloading. Live via telephone (for "listen-only" participants and those who would like to ask a question) by dialing 844-763-8274 (in the United St
George R. Oliver to retire as CEO and remain chair of the Board, following appointment of successorAdvances Board refreshment with appointment of Patrick Decker as a new, independent director; Appointment follows Constructive Dialogue with Elliott ManagementCORK, Ireland, July 31, 2024 /PRNewswire/ -- Johnson Controls (NYSE:JCI), a global leader for smart, healthy and sustainable buildings, today announced that George R. Oliver has informed the Board of Directors that it is time to initiate the CEO succession plan following the company's substantial progress on its portfolio transformation. Oliver has led the Johnson Controls' business and portfolio transformation since becoming Johnson Cont
Data-Driven Leader with Track Record of Strong Revenue Generation CORK, Ireland, May 7, 2024 /PRNewswire/ -- Johnson Controls (NYSE:JCI), the global leader for smart, healthy and sustainable buildings, today announced it has appointed Chris Bontempo as vice president and chief marketing officer, responsible for marketing strategies across the enterprise to drive demand generation and enhance brand equity, including market development, research and planning. Bontempo joins Johnson Controls from IBM where he spent nearly 20 years in roles of increasing responsibility, most recently as chief marketing & communications officer, Americas. In that capacity, he led all aspects of marketing for IBM
Vandiepenbeeck Succeeds Olivier Leonetti at the end of JanuaryCORK, Ireland, Jan. 16, 2024 /PRNewswire/ -- Johnson Controls (NYSE:JCI), the global leader for smart, healthy and sustainable buildings, today announced the appointment of Marc Vandiepenbeeck as executive vice president and chief financial officer. Vandiepenbeeck succeeds Olivier Leonetti who will depart Johnson Controls for a role outside of the company. Leonetti's last day will be Jan. 30, 2024. Vandiepenbeeck and Leonetti will work closely together to ensure a smooth transition and handover. "Marc brings a wealth of experience to his new role. With deep finance expertise, an understanding of our customers, global markets, and