Johnson Controls International Plc (JCI) has reported
solid performances throughout past quarters, with several of their
earnings estimate being met or surpassed.
Orion Portfolio Solutions LLC,
Soroban Capital, along with
Dodge & Cox have increased their stakes in the company. Despite some days of underperformance compared to its competitors, JCI's stock showed strong trading days as well. With
activist Elliott, becoming a major stakeholder, analysts classify it as a 'material narrative changer', leading to speculations of a potential push for a
CEO change.
Johnson Controls has been recognised for their ethical business practices, being named by Ethisphere as one of the
world's most ethical companies. The company managed to maintain FY24 Guidance amidst
flat Q1 sales. Other successful strategies of
JCI include focusing on growing their
Data Center Cooling Solution and receiving a DOE Grant to accelerate
U.S. Heat Pump Manufacturing.
Johnson Controls International Plc JCI News Analytics from Wed, 27 Sep 2023 07:00:00 GMT to Sun, 02 Jun 2024 15:12:43 GMT -
Rating 5
- Innovation 3
- Information 4
- Rumor -2
