Johnson Controls International Plc (JCI) has generated numerous reports over its recent activities. Notably, the firm plans to offload its Air Distribution Technologies business to Truelink Capital. The application of strategic financial tools is evident in JCI's operations, as exemplified by their cash tender offers for senior notes, upsizing their cash tender, and earnings forecasts. The company's stock performance has been a significant focus, with several comparisons with competitors. It has reportedly underperformed on certain occasions. However, other reports suggest otherwise, citing a strong trading day outperformance. Barclays has revised JCI's price target to $62.00, and the firm has confirmed its $0.37 dividend per share. Recent updates on holdings reveal various investment groups increasing and reducing positions in JCI. These include the Mather Group LLC, Vanguard Group Inc, and American International Group Inc. In its Q4 and FY23 results, JCI stated robust sales growth and margin expansion. The firm also made strides in its sustainability targets for 2024, hinted at its Q1 2024 earnings call transcript, and appointed Marc Vandiepenbeeck as its executive vice President and Chief.
Johnson Controls International Plc JCI News Analytics from Tue, 12 Dec 2023 08:00:00 GMT to Sun, 23 Jun 2024 08:22:30 GMT - Rating 6 - Innovation 8 - Information 7 - Rumor -3
