Recently, several notable financial institutions have increased their stakes in Johnson Controls International Plc (JCI). This includes Commerzbank Aktiengesellschaft FI, KLP Kapitalforvaltning AS, Callan Family Office LLC, among others. On the other hand, some firms like Belpointe Asset Management LLC and DAVENPORT & Co LLC have reduced their investment. Johnson Controls has also seen strong support from analysts, with a neutral rating and higher price targets.
The company has been investing in advancement technologies, with a prominent investment in Accelsius, a data center liquid cooling company. This move signals its advancement in datacenter thermal management, leading to its name being included in Fortune's 2025 Change the World list. It has also sold its Residential and Light Commercial HVAC Business, indicating a shift of focus.
Additionally, JCI announced a significant increase to its share repurchase program and has reported strong Q3 results, raising its FY25 guidance. Resulting in its recognition as a leading thermal management provider for data centers.
Finally, leadership changes at Johnson Controls have also been prevalent, with the appointment of Joakim Weidemanis as the next CEO.Johnson Controls International Plc JCI News Analytics from Wed, 05 Feb 2025 08:00:00 GMT to Sat, 11 Oct 2025 20:38:03 GMT - Rating 7
