Latest news with #JohnsonControlsInternationalplc
Yahoo
4 hours ago
- Business
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Johnson Controls Announces $9 Billion Increase to Share Repurchase Program
CORK, Ireland, June 13, 2025 /PRNewswire/ -- The board of directors of Johnson Controls International plc (NYSE: JCI), the global leader in smart, healthy and sustainable buildings, has approved a $9 billion share repurchase authorization, adding to the $1.1 billion remaining as of the end of the second fiscal quarter under the share repurchase authorization previously approved in 2021. In implementing share repurchases, Johnson Controls may purchase shares in the open market or through a variety of methods as permitted by applicable securities laws and other legal requirements, including through the use of a Rule 10b5-1 plan, a tender offer or an accelerated share repurchase program or any combination of the foregoing. There exists no obligation under the share repurchase authorization to repurchase any particular amount of shares within any timeframe, and the manner, timing and amount of any purchase will be determined subject to an evaluation of the price of Johnson Controls' shares, general market conditions and other factors. Johnson Controls' authorization to repurchase shares does not have a set expiration date and may be amended, suspended or terminated at any time at Johnson Controls' discretion without prior notice. Johnson Controls currently expects to effect repurchases as redemptions pursuant to Article 3(d) of its Articles of Association. About Johnson ControlsAt Johnson Controls (NYSE:JCI), we transform the environments where people live, work, learn and play. As the global leader in smart, healthy and sustainable buildings, our mission is to reimagine the performance of buildings to serve people, places and the planet. Building on a proud history of nearly 140 years of innovation, we deliver the blueprint of the future for industries such as healthcare, schools, data centers, airports, stadiums, manufacturing and beyond through OpenBlue, our comprehensive digital offering. Today, with a global team of experts, Johnson Controls offers the world's largest portfolio of building technology and software as well as service solutions from some of the most trusted names in the industry. Visit for more information and follow @Johnsoncontrols on social platforms. INVESTOR CONTACT: MEDIA CONTACT:Jim Lucas Danielle CanzanellaDirect: +1 414.340.1752 Direct: +1 203.499.8297Email: Email: CONTROLS INTERNATIONAL PLC CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS Johnson Controls International plc ("Johnson Controls") has made statements in this communication that are forward-looking and therefore are subject to risks and uncertainties. All statements in this communication other than statements of historical fact are, or could be, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. In this communication, statements regarding Johnson Controls' future share repurchase activity are forward-looking statements. Words such as "may," "will," "expect," "intend," "estimate," "anticipate," "believe," "should," "forecast," "project" or "plan" and terms of similar meaning are also generally intended to identify forward-looking statements. However, the absence of these words does not mean that a statement is not forward-looking. Johnson Controls cautions that these statements are subject to numerous important risks, uncertainties, assumptions and other factors, some of which are beyond its control, that could cause its actual results to differ materially from those expressed or implied by such forward-looking statements, including, among others, risks related to: Johnson Controls' ability to manage macroeconomic and geopolitical volatility, including changes to laws or policies governing foreign trade, including tariffs, economic sanctions, foreign exchange and capital controls, import/export controls or other trade restrictions as well as supply chain disruptions; the ability of Johnson Controls to manage general economic, business and capital market conditions, including the impacts of trade restrictions, recessions, economic downturns and global price inflation; Johnson Controls' ability to develop or acquire new products and technologies that achieve market acceptance and meet applicable quality and regulatory requirements; the ability of Johnson Controls to execute on its operating model and drive organizational improvement; Johnson Controls' ability to successfully execute and complete portfolio simplification, including the completion of the divestiture of the Residential and Light Commercial business, as well as the possibility that the expected benefits of such actions will not be realized or will not be realized within the expected time frame; the ability to hire and retain senior management and other key personnel, including successfully completing Johnson Controls' Chief Executive Officer transition; the ability to innovate and adapt to emerging technologies, ideas and trends in the marketplace, including the incorporation of technologies such as artificial intelligence; fluctuations in the cost and availability of public and private financing for Johnson Controls' customers; the ability to manage disruptions caused by international conflicts, including Russia and Ukraine and the ongoing conflicts in the Middle East; managing the risks and impacts of potential and actual security breaches, cyberattacks, privacy breaches or data breaches, maintaining and improving the capacity, reliability and security of Johnson Controls' enterprise information technology infrastructure; the ability to manage the lifecycle cybersecurity risk in the development, deployment and operation of Johnson Controls' digital platforms and services; fluctuations in currency exchange rates; changes or uncertainty in laws, regulations, rates, policies, or interpretations that impact Johnson Controls' business operations or tax status; the ability to adapt to global climate change, climate change regulation and successfully meet Johnson Controls' public sustainability commitments; the outcome of litigation and governmental proceedings; the risk of infringement or expiration of intellectual property rights; Johnson Controls' ability to manage disruptions caused by catastrophic or geopolitical events, such as natural disasters, armed conflict, political change, climate change, pandemics and outbreaks of contagious diseases and other adverse public health developments; any delay or inability of Johnson Controls to realize the expected benefits and synergies of recent portfolio transactions; the tax treatment of recent portfolio transactions; significant transaction costs and/or unknown liabilities associated with such transactions; labor shortages, work stoppages, union negotiations, labor disputes and other matters associated with the labor force; and the cancellation of or changes to commercial arrangements. A detailed discussion of risks related to Johnson Controls' business is included in the section entitled "Risk Factors" in Johnson Controls Annual Report on Form 10-K for the fiscal year ended September 30, 2024 filed with the SEC on November 19, 2024, which is available at and under the "Investors" tab. The description of certain of these risks is supplemented in Item 1A of Part II of Johnson Controls subsequently filed Quarterly Reports on Form 10-Q. Shareholders, potential investors and others should consider these factors in evaluating the forward-looking statements and should not place undue reliance on such statements. The forward-looking statements included in this communication are made only as of the date of this communication, unless otherwise specified, and, except as required by law, Johnson Controls assumes no obligation, and disclaims any obligation, to update such statements to reflect events or circumstances occurring after the date of this communication. 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Yahoo
4 days ago
- Business
- Yahoo
Jim Cramer on Johnson Controls (JCI): 'Stock's Been Strong Now for Ages'
We recently published a list of . In this article, we are going to take a look at where Johnson Controls International plc (NYSE:JCI) stands against other stocks that Jim Cramer discusses. Cramer said that Johnson Controls International plc (NYSE:JCI) stock has been strong for a long time, as he remarked: 'Then, if you want to stretch things, let's roll in Johnson Controls. Yeah, HVAC, right? It creates big cooling systems. Very much needed to keep data centers from overheating. Sometimes, I think that they just got really lucky to have this business. Stock's been strong now for ages, it might be a collateral play on what… [has] been the most potent stock in the market, CoreWeave, which closed yesterday as a four-bagger from its recent IPO before pulling back hard today. It's kind of a bit of a meme stock. Yeah, you know what that is.' A team of workers wearing white hardhani and safety goggles assembling a complex HVAC system. Johnson Controls (NYSE:JCI) provides building technologies and services, including HVAC, fire and security systems, energy efficiency solutions, and smart building software. The company offers its services to a wide range of commercial, industrial, and government clients. Overall, JCI ranks 3rd on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of JCI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
26-04-2025
- Business
- Yahoo
Johnson Controls International plc (JCI): Among the Growing Dividend Stocks with Low PE Ratios
We recently published a list of the . In this article, we are going to take a look at where Johnson Controls International plc (NYSE:JCI) stands against other growing dividend stocks. Value stocks are enjoying a rare period of strength amid this year's broader market downturn. With earnings season approaching, it remains to be seen whether their recent edge over high-growth stocks will hold. The S&P Value Index—which includes sectors like banking, consumer staples, and healthcare, featuring companies that trade at relatively low valuations—has fallen around 9% this year. That's a smaller drop compared to the more than 15% decline seen in the growth-focused counterpart. Concerns over steep valuations in the tech sector, coupled with a wave of risk aversion triggered by tariffs, have pushed investors to shift from growth to value. While similar shifts haven't lasted long in the past, some investors believe that this time could be different, as expectations for value-oriented firms are modest enough that they may exceed them when earnings reports begin next month. Dan Morgan, senior portfolio manager at Synovus Trust, made the following comment about value investing: 'The bar has been set pretty low for value stocks compared to the uncertainty surrounding growth names and their ability to deliver on earnings estimates. If value can at least match or slightly beat expectations, the runway is clear for them.' According to data from Bloomberg Intelligence, analysts are forecasting a 12% decline in first-quarter earnings for value companies compared to the same period last year, while growth companies are expected to post a 20% increase. Supporters of value stocks believe that these lower expectations are already factored into their relatively modest valuations. On the other hand, optimism surrounding growth stocks—particularly in the tech sector—has soared in recent years, largely driven by enthusiasm over advancements in artificial intelligence. Historically, value stocks have lagged behind. Over the past 20 years, the S&P 500 Value Index has only outperformed its growth counterpart five times on an annual basis. During that period, the value index climbed 202%, while the growth index surged by 600%. Michael O'Rourke, chief market strategist at JonesTrading Institutional Services, made the following statement: 'Growth is about 40% more expensive; this outperformance of value was very long overdue. Due to the incredible strength of the Magnificent Seven, too many investors crowded into growth thinking it won't correct.' Investors often turn to dividend stocks when looking at companies with lower valuations. Dan Lefkovitz, a strategist at Morningstar Indexes, pointed out that dividend-growth stocks—those known for consistently raising their payouts—have underperformed the broader market in 2024. He attributed this to a market that has largely been driven by a handful of fast-growing tech names. However, he also remarked that while dividend-paying stocks may trail during such growth-led rallies, they tend to hold up better during market downturns, as seen in 2022 and 2018. Companies that consistently raise their dividends are often both profitable and financially stable—traits that become especially important during times of economic downturn. A team of workers wearing white hardhani and safety goggles assembling a complex HVAC system. For this list, we focused on dividend-paying companies that have consistently paid dividends over the years and have also demonstrated a track record of increasing their payouts. From that group, we considered stocks with forward P/E ratios below 25, as of April 22. The stocks are ranked in ascending order of their P/E ratios. At Insider Monkey, we are obsessed with hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Forward P/E Ratio as of April 22: 20.7 Johnson Controls International plc (NYSE:JCI) is an Ireland-based multinational conglomerate that specializes in building technologies and solutions and also offers energy storage solutions. The company is well-positioned for future revenue growth, thanks to its HVAC systems and building automation solutions that help clients boost energy efficiency and lower emissions, key steps toward achieving net-zero targets. The company's OpenBlue technology platform also plays a central role by using artificial intelligence, advanced analytics, and IoT to optimize building operations in real time. On top of that, demand for its HVAC offerings is surging in the data center sector, driven by the expanding use of AI technologies. In the first quarter of fiscal 2025, Johnson Controls International plc (NYSE:JCI) reported $5.4 billion in sales, marking a 4% increase year-over-year on a reported basis and a 10% gain organically. GAAP income from continuing operations reached $363 million, while adjusted income totaled $426 million. Excluding the impact of acquisitions and foreign exchange, the company saw an 18% increase in orders compared to the previous year, and its order backlog grew 12%, reaching $9.3 billion. Johnson Controls International plc (NYSE:JCI) also maintained a healthy cash position, generating $249 million in operating cash flow and $133 million in free cash flow. On an adjusted basis, free cash flow stood at $603 million. During the quarter, it returned $245 million to shareholders through dividend payments. It offers a quarterly dividend of $0.37 per share and has a dividend yield of 1.93%, as of April 22. The company has remained committed to its shareholder value and has never missed a dividend in 137 years. Overall, JCI ranks 27th on our list of the best growing dividend stocks with low P/E ratios. While we acknowledge the potential of JCI as an investment, our conviction lies in the belief that some deeply undervalued dividend stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued dividend stock that is more promising than JCI but that trades at 10 times its earnings and grows its earnings at double digit rates annually, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at .
Yahoo
25-04-2025
- Business
- Yahoo
Johnson Controls International plc (JCI): Among the Growing Dividend Stocks with Low PE Ratios
We recently published a list of the . In this article, we are going to take a look at where Johnson Controls International plc (NYSE:JCI) stands against other growing dividend stocks. Value stocks are enjoying a rare period of strength amid this year's broader market downturn. With earnings season approaching, it remains to be seen whether their recent edge over high-growth stocks will hold. The S&P Value Index—which includes sectors like banking, consumer staples, and healthcare, featuring companies that trade at relatively low valuations—has fallen around 9% this year. That's a smaller drop compared to the more than 15% decline seen in the growth-focused counterpart. Concerns over steep valuations in the tech sector, coupled with a wave of risk aversion triggered by tariffs, have pushed investors to shift from growth to value. While similar shifts haven't lasted long in the past, some investors believe that this time could be different, as expectations for value-oriented firms are modest enough that they may exceed them when earnings reports begin next month. Dan Morgan, senior portfolio manager at Synovus Trust, made the following comment about value investing: 'The bar has been set pretty low for value stocks compared to the uncertainty surrounding growth names and their ability to deliver on earnings estimates. If value can at least match or slightly beat expectations, the runway is clear for them.' According to data from Bloomberg Intelligence, analysts are forecasting a 12% decline in first-quarter earnings for value companies compared to the same period last year, while growth companies are expected to post a 20% increase. Supporters of value stocks believe that these lower expectations are already factored into their relatively modest valuations. On the other hand, optimism surrounding growth stocks—particularly in the tech sector—has soared in recent years, largely driven by enthusiasm over advancements in artificial intelligence. Historically, value stocks have lagged behind. Over the past 20 years, the S&P 500 Value Index has only outperformed its growth counterpart five times on an annual basis. During that period, the value index climbed 202%, while the growth index surged by 600%. Michael O'Rourke, chief market strategist at JonesTrading Institutional Services, made the following statement: 'Growth is about 40% more expensive; this outperformance of value was very long overdue. Due to the incredible strength of the Magnificent Seven, too many investors crowded into growth thinking it won't correct.' Investors often turn to dividend stocks when looking at companies with lower valuations. Dan Lefkovitz, a strategist at Morningstar Indexes, pointed out that dividend-growth stocks—those known for consistently raising their payouts—have underperformed the broader market in 2024. He attributed this to a market that has largely been driven by a handful of fast-growing tech names. However, he also remarked that while dividend-paying stocks may trail during such growth-led rallies, they tend to hold up better during market downturns, as seen in 2022 and 2018. Companies that consistently raise their dividends are often both profitable and financially stable—traits that become especially important during times of economic downturn. A team of workers wearing white hardhani and safety goggles assembling a complex HVAC system. For this list, we focused on dividend-paying companies that have consistently paid dividends over the years and have also demonstrated a track record of increasing their payouts. From that group, we considered stocks with forward P/E ratios below 25, as of April 22. The stocks are ranked in ascending order of their P/E ratios. At Insider Monkey, we are obsessed with hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Forward P/E Ratio as of April 22: 20.7 Johnson Controls International plc (NYSE:JCI) is an Ireland-based multinational conglomerate that specializes in building technologies and solutions and also offers energy storage solutions. The company is well-positioned for future revenue growth, thanks to its HVAC systems and building automation solutions that help clients boost energy efficiency and lower emissions, key steps toward achieving net-zero targets. The company's OpenBlue technology platform also plays a central role by using artificial intelligence, advanced analytics, and IoT to optimize building operations in real time. On top of that, demand for its HVAC offerings is surging in the data center sector, driven by the expanding use of AI technologies. In the first quarter of fiscal 2025, Johnson Controls International plc (NYSE:JCI) reported $5.4 billion in sales, marking a 4% increase year-over-year on a reported basis and a 10% gain organically. GAAP income from continuing operations reached $363 million, while adjusted income totaled $426 million. Excluding the impact of acquisitions and foreign exchange, the company saw an 18% increase in orders compared to the previous year, and its order backlog grew 12%, reaching $9.3 billion. Johnson Controls International plc (NYSE:JCI) also maintained a healthy cash position, generating $249 million in operating cash flow and $133 million in free cash flow. On an adjusted basis, free cash flow stood at $603 million. During the quarter, it returned $245 million to shareholders through dividend payments. It offers a quarterly dividend of $0.37 per share and has a dividend yield of 1.93%, as of April 22. The company has remained committed to its shareholder value and has never missed a dividend in 137 years. Overall, JCI ranks 27th on our list of the best growing dividend stocks with low P/E ratios. While we acknowledge the potential of JCI as an investment, our conviction lies in the belief that some deeply undervalued dividend stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued dividend stock that is more promising than JCI but that trades at 10 times its earnings and grows its earnings at double digit rates annually, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at .
Yahoo
09-04-2025
- Business
- Yahoo
Johnson Controls Announces Second Quarter 2025 Earnings Conference Call Webcast
CORK, Ireland, April 9, 2025 /PRNewswire/ -- Johnson Controls International plc (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, announces the following webcast: What: Johnson Controls Second Quarter Fiscal 2025 Earnings Conference Call When: Wednesday, May 7, 2025, at 8:30 a.m. ET How: The conference call for investors can be accessed in the following ways: Live via webcast at Note: A slide presentation will be available that morning for downloading. Live via telephone (for "listen-only" participants and those who would like to ask a question) by dialing 833-752-4340 (in the United States) or +1-412-652-1230 (outside the United States). Replay: The replay can be accessed in the following ways: Replay via webcast – if you are unable to participate during the live webcast, the call will be archived at Replay via telephone – by dialing 877-344-7529 (in the United States) or +1-412-317-0088 (outside the United States), passcode 1211464, from 10:30 a.m. (ET) on May 7, 2025, until 11:59 p.m. (ET) on May 14, 2025. About Johnson Controls At Johnson Controls (NYSE:JCI), we transform the environments where people live, work, learn and play. As the global leader in smart, healthy and sustainable buildings, our mission is to reimagine the performance of buildings to serve people, places and the planet. Building on a proud history of 140 years of innovation, we deliver the blueprint of the future for industries such as healthcare, schools, data centers, airports, stadiums, manufacturing and beyond through OpenBlue, our comprehensive digital offering. Today, Johnson Controls offers the world`s largest portfolio of building technology and software as well as service solutions from some of the most trusted names in the industry. Visit for more information and follow @Johnson Controls on social platforms. INVESTOR CONTACT: MEDIA CONTACT: Jim Lucas Danielle Canzanella Direct: 414.340.1752 Direct: 414.524.8687 Email: Email: View original content to download multimedia: SOURCE Johnson Controls International plc Sign in to access your portfolio
