Johnson Controls International Plc (JCI) has been strong in the recent quarters, beating EPS forecasts and showing robust growth. The company continues to demonstrate a strong backlog and confident outlook, leading to the increase of FY25 Guidance. A significant revelation is JCI's announcement regarding a $9 Billion increase in their share repurchase program. JCI is expanding AI capabilities in their OpenBlue digital ecosystem and has also completed the sale of its Residential and Light Commercial HVAC Business. The recent performance has resulted in share price growth and increased interest from hedge funds. Since Johnson Controls has appointed Joakim Weidemanis as their next CEO, future growth is predicted. However, despite positive earnings, JCI's stock has sometimes underperformed compared to its competitors. Analysts maintain a Buy rating on the company with potential for significant earnings upside. The company continues its 136-year-old streak of quarterly dividends. New projects like the YORK® large capacity centrifugal chiller are set to deliver operational savings, optimized for low-GWP refrigerants.
Johnson Controls International Plc JCI News Analytics from Wed, 11 Sep 2024 07:00:00 GMT to Fri, 22 Aug 2025 20:52:01 GMT -
Rating 7
- Innovation 4
- Information 9
- Rumor -3
