The stock performance of Johnson Controls International plc (NYSE:JCI) displayed mixed results in recent times. Major sales of JCI's shares were noted by the New York State Common Retirement Fund and Commerzbank Aktiengesellschaft FI, while new positions have been initiated by companies like International Assets Investment Management LLC and CWC Advisors LLC. Shares have, at times, underperformed compared to competitors. Insider trading witnessed caution reflects due to the sale of US$1.8m of stock. Johnson Controls has announced its next quarterly dividend of $0.37. It is also set to pay a dividend of $0.37 and has reported solid return of 106% to investors over the last five years. A new portfolio in line with 2025 regulations has been launched, indicating their positioning for upcoming changes. They have also planned to sell their Air Distribution Technologies Business to TrueLink Capital. The residential and light commercial HVAC businesses is also being sold to Bosch. The company also announced the initiation of their CEO succession following significant milestones within portfolio transformation.
Johnson Controls International Plc JCI News Analytics from Tue, 30 Jan 2024 08:00:00 GMT to Sat, 02 Nov 2024 13:26:02 GMT -
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