Daniel C. Mcconeghy and
Juergen Tinggren sold a significant amount of
Johnson Controls International plc (JCI) stock while
Edgemoor Investment Advisors Inc. and
Victory Capital Management Inc. increased their holdings. Promising reports of
Quarter 2 and 3 earnings and boosted FY24 guidance contrasted with the company's stock underperforming several times compared to competitors. The
OpenBlue Security Service was launched and
Chris Bontempo was appointed as Vice President and Chief Marketing Officer. Speculations arose about the potential sale of its
ADT alarms business, which might have impacted the stock's fluctuating performance. Despite disappointing earnings guidance and periodic underperformance, JCI unveiled strong Q4 results and highlighted solid sales growth and margin expansion. Furthermore, the company announced a
quarterly dividend and launched a senior notes offering. JCI was named as one of the world's most ethical companies and demonstrated commitment towards sustainability goals. Xponance Inc. bought JCI shares and Marc Vandiepenbeeck sold a portion of his.
Johnson Controls International Plc JCI News Analytics from Mon, 20 Nov 2023 08:00:00 GMT to Sun, 12 May 2024 21:04:04 GMT -
Rating 2
- Innovation 1
- Information 7
- Rumor -3
