Johnson Ctls Intl Plc Stock Price, News & Analysis

Johnson Controls (NYSE: JCI) has announced the appointment of Joakim Weidemanis as its new Chief Executive Officer, effective March 12, 2025. Weidemanis, a former Danaher executive, will succeed George R. Oliver, who will serve as Non-Executive Chairman until July 31, 2025, before being succeeded by Mark P. Vergnano.

Weidemanis brings 13 years of experience from Danaher , where he most recently served as Executive Vice President of Diagnostics and China, managing approximately $15 billion in operations across eight global technology businesses. His 30-year career includes executive positions at Mettler Toledo and ABB, with experience across the United States, Europe, and Asia.

The transition comes as Johnson Controls continues its transformation as a pure-play building solutions provider. Oliver will remain as an advisor until December 31, 2025, to ensure a smooth leadership transition.

Johnson Controls (NYSE: JCI) reported strong fiscal Q1 2025 results with sales reaching $5.4 billion, up 4% as reported and 10% organically year-over-year. The company achieved GAAP EPS of $0.55 and adjusted EPS of $0.64.

Key highlights include a 16% organic increase in orders and an 11% organic growth in Building Solutions backlog to $13.2 billion. Building Solutions North America saw 10% sales growth to $2.7 billion, while EMEA/LA revenues increased 3% to $1.1 billion. Asia Pacific sales grew 4% to $527 million, though Global Products experienced an 8% decline to $1.1 billion despite 15% organic growth.

The company demonstrated strong cash management with $249 million in operating cash flow and $603 million in adjusted free cash flow. During Q1, JCI returned value to shareholders through $245 million in dividends and $330 million in share repurchases, buying back 4.1 million shares.

Johnson Controls International (NYSE: JCI) has announced its First Quarter Fiscal 2025 Earnings Conference Call, scheduled for Wednesday, February 5, 2025, at 8:30 a.m. ET. The company, a global leader in smart, healthy and sustainable buildings, will provide a slide presentation for download on the morning of the event.

Investors can participate through multiple channels: a live webcast available at the company's investor relations website, or via telephone by dialing 833-816-1266 (US) or +1-412-317-5636 (international). For those unable to attend, a replay will be accessible through the website and via telephone at 877-344-7529 (US) or +1-412-317-0088 (international) using passcode 3107846, available from 10:30 a.m. ET on February 5 until 11:59 p.m. ET on February 12, 2025.

Sensormatic Solutions, part of Johnson Controls (NYSE: JCI), has announced a strategic partnership with Indyme Solutions to enhance its loss prevention portfolio. The collaboration will integrate Indyme's merchandise protection products, including the self-service locking Freedom Case™, SmartResponse™, and SmartDome™ technologies.

The partnership aims to improve retail operations by enabling faster customer service response, enhanced loss prevention programs, and optimized labor allocation. The Freedom Case technology offers protection while maintaining a frictionless shopping experience, while SmartDome provides real-time alerts for suspicious activity.

These solutions will be showcased at NRF 2025 Retail's Big Show, where retailers can explore how the integrated technologies help protect merchandise while improving customer experience and store operations. The solutions can be purchased directly from Sensormatic Solutions sales teams and integrated into existing communications infrastructure.

Sensormatic Solutions, part of Johnson Controls (NYSE: JCI), announced a strategic technology partnership with INEO to integrate digital display technology into their EAS and RFID-based exit systems. The collaboration aims to combine loss prevention solutions with immersive advertising capabilities, creating new retail revenue streams.

The integration will enhance three key areas: shrink visibility through item-level analytics, retail media network functionality with real-time content updates, and EAS with video monitoring for improved evidence collection during theft events. INEO's patented signal-shielding technology ensures EAS tags won't interfere with display performance.

The solution targets the growing retail media network market, allowing Consumer Packaged Goods brands to engage shoppers at key touchpoints. The new technology will be showcased at the 2025 NRF Big Show, with the integrated solutions scheduled for release later in 2025.

Sensormatic Solutions, part of Johnson Controls (NYSE: JCI), has expanded its cloud-based Shrink Analyzer application capabilities to provide enhanced loss prevention analytics beyond store exits. The upgraded solution now integrates RFID and EPC data from previously unmonitored areas to improve loss event visibility and predictions.

The enhanced platform now covers multiple strategic areas including:

• Receiving areas: To identify inventory distortion and vendor fraud
• Employee entrances: To reduce internal theft with item-level evidence packages
• Online pick-up doors: To improve e-commerce fulfillment accuracy
• Defined high-risk zones: To validate self-checkout receipts and monitor fitting rooms

The inventory-platform-agnostic application is compatible with Sensormatic's complete RFID hardware portfolio and can integrate with existing retail analytics ecosystems. The new capabilities are being showcased at the 2025 NRF Big Show at booth #3523.

Sensormatic Solutions, part of Johnson Controls (NYSE: JCI), will showcase its latest retail innovations at the 2025 NRF Big Show. The company will serve as NRF's exclusive people-counting partner in multiple zones, displaying real-time attendance data at their booth #3523.

The exhibition will feature demonstrations of enhanced solutions including: Shrink Analyzer with extended capabilities for loss prevention, collaboration with pass_by for improved shopper behavior analysis, TrueVUE Cloud for inventory management, and ShopperTrak Analytics for optimizing store performance.

Notable presentations include a Big Ideas Session featuring Tony D'Onofrio, president of Sensormatic Solutions, alongside PVH's VP of Global Product Technology, discussing RFID implementation. The company will also present on AI mapping of customer journeys in the Foodservice Tech Stage.

Johnson Controls International (NYSE: JCI) announced the pricing of $250 million senior notes due 2032. These Additional Notes will be combined with the existing $400 million aggregate principal amount of 4.900% senior notes due 2032, originally issued on September 14, 2022. The net proceeds will be used for general corporate purposes, including debt repayment, acquisitions, working capital, share repurchases, dividends, and investments.

The transaction is expected to close on December 10, 2024. BofA Securities and US Bancorp are acting as joint lead book-running managers, with Barclays, BBVA, and UniCredit Capital Markets serving as additional book-running managers.

Johnson Controls (NYSE: JCI) has announced its board of directors approved a quarterly dividend of $0.37 per share of common stock. The dividend will be payable on January 17, 2025, to shareholders of record as of December 23, 2024. The company, which specializes in smart, healthy and sustainable buildings solutions, highlighted its remarkable track record of paying consecutive dividends since 1887, demonstrating a long-standing commitment to shareholder returns.