Johnson Ctls Intl Plc Stock Price, News & Analysis

Sensormatic Solutions, a leading retail solutions provider under Johnson Controls (NYSE:JCI), forecasts the busiest shopping days for the 2022 holiday season. Key dates include Black Friday (Nov. 25), the Friday before Christmas (Dec. 23), and the day after Christmas (Dec. 26). The anticipated increase in shopper traffic is attributed to economic conditions and the timing of Christmas Day. The top ten shopping days in the U.S. represent about 40% of all holiday traffic, with historical data assisting retailers in optimizing their operations and enhancing customer experiences.

SAS will host the MFG Day kickoff event on October 5, 2022, in Cary, N.C., focused on AI, machine learning, and IoT analytics in modern manufacturing.

This event will feature discussions with manufacturing leaders from Deere & Company (DE), Johnson Controls International (JCI), and others, showcasing innovations in analytics-driven manufacturing.

Streaming live, the event will highlight career opportunities and advancements in technology, aiming to inspire the next generation of manufacturing professionals.

Johnson Controls is enhancing residential energy efficiency by offering financing options and rebates to help homeowners access higher-efficiency HVAC systems. The initiatives align with the Inflation Reduction Act, which allocates $370 billion for climate and energy, aiming to cut energy costs by up to 50%. This program includes tax credits, rebates, and state incentives to substantially lower upgrade costs. Johnson Controls also commits to achieving net-zero emissions by 2040 while supporting customers in reducing their carbon footprint.

Johnson Controls has been awarded the 2022 North America Customer Value Leadership Award by Frost & Sullivan for its innovative connected chiller solutions. Leveraging AI and advanced sensors, Johnson Controls enhances chiller performance and energy savings between 5-20%. Its OpenBlue digital platform enables real-time monitoring and predictive analytics, significantly reducing downtime by 50%. This proactive management approach aims to improve asset longevity and operational efficiency, aligning with sustainability goals. The recognition highlights Johnson Controls' commitment to delivering value through advanced technology and customer-centric solutions.

The board of directors of Johnson Controls International plc (NYSE: JCI) has declared a quarterly cash dividend of $0.35 per common share. This dividend will be payable on Oct. 14, 2022, to shareholders who are on record as of the close of business on Sept. 26, 2022. Notably, Johnson Controls has maintained a consistent dividend payment since 1887, showcasing its long-standing commitment to returning value to shareholders.

Johnson Controls' Sensormatic Solutions has launched an innovative computer vision analytics platform aimed at enhancing retail operations. This technology uses existing video infrastructure to provide real-time insights for loss prevention, shopper behavior, and inventory management. Key features include shelf sweep detection and vehicle monitoring, which help retailers mitigate theft and improve customer experiences. With growing interest in AI-driven solutions, 43% of retail leaders already utilize AI for video analytics, while 31% plan to adopt it soon.

On August 25, 2022, Johnson Controls (NYSE: JCI) announced the pricing of €600 million senior notes due 2028. The funds raised will be used for corporate purposes, including repaying near-term debt and potential acquisitions. The offering is co-issued by Tyco Fire & Security Finance, S.C.A., with closing expected on September 7, 2022. Major banks involved include J.P. Morgan and BBVA. This issuance is part of an effective shelf registration statement.

On August 25, 2022, Johnson Controls (NYSE: JCI) announced a framework agreement with Nozomi Networks to enhance cybersecurity for smart buildings. This investment underscores Johnson Controls' commitment to integrating Nozomi's advanced security tools within its OpenBlue platform.

The partnership aims to strengthen cybersecurity across various sectors, including energy and manufacturing. Johnson Controls has previously invested in Nozomi's $100 million funding round, highlighting its dedication to building safe and efficient digital environments.

Johnson Controls (NYSE: JCI) has partnered with 3Degrees to enhance its Renewable Services business. This collaboration aims to accelerate net zero goals by offering carbon reduction services, including Renewable Energy Certificate transactions and climate advisory services. The initiative is part of Johnson Controls' OpenBlue Net Zero Buildings, providing comprehensive solutions for building emissions, which account for 40% of global emissions. This partnership addresses the urgent need for organizations to meet net zero targets as per the UN Paris Agreement.