Johnson Ctls Intl Plc Stock Price, News & Analysis

Sensormatic Solutions, part of Johnson Controls (NYSE: JCI), has announced a collaboration with pass_by to enhance shopper mobility insights for retailers. This partnership integrates pass_by's AI-powered shopper mobility data with Sensormatic's in-store traffic data, providing a comprehensive view of the entire path to purchase. The collaboration aims to help retailers:

• Foster operational excellence by optimizing staffing and floor design
• Benchmark stores and understand competitive performance
• Determine optimal locations for expansion

The integration offers retailers access to pass_by's almanac platform, which provides historical and predictive insights for any U.S.-based store. This collaboration extends the value of retail analytics beyond traditional bounds, enabling retailers to make data-driven decisions and plan for the future with confidence.

Johnson Controls (NYSE:JCI) released a new report highlighting the importance of smart buildings for commercial real estate and retail leaders. The report, based on a Forrester Consulting study, reveals that 75% of leaders consider smart buildings important for digital transformation. Nearly two-thirds believe smart buildings are important for reducing costs, accelerating sustainability initiatives, and driving business growth.

Key findings include:

• Smart buildings are a competitive differentiator
• Only 13% of leaders have fully integrated building systems
• Building data is important for decision-making across departments
• Leaders seek partners with advanced technology and industry experience

Johnson Controls' OpenBlue ecosystem offers connected technologies and services to optimize building performance and drive value for customers.

Johnson Controls has launched Metasys 14.0, an update to its Building Automation System (BAS) for commercial, industrial, and institutional buildings. This new version offers:

• Improved energy management with next-generation analytics tools
• Enhanced network efficiency and flexibility
• Increased security features including single sign-on
• Simplified administration and user interface
• Support for up to 800 IP devices directly integrated with ADS and ADX servers

The update introduces a continual release model for new functionality. Test customers, including the University of Minnesota, have praised the system's new capabilities, such as BACnet client communication and IPv6 support.

Sensormatic Solutions, part of Johnson Controls (NYSE: JCI), has released its predictions for the top busiest shopping days of the 2024 holiday season globally. In the United States, Black Friday (Nov. 29), Super Saturday (Dec. 21), and the Monday before Christmas (Dec. 23) are expected to be the busiest days. The top 10 busiest shopping days typically account for 30-40% of all holiday retail traffic in the U.S.

Sensormatic Solutions predicts U.S. in-store traffic will be relatively flat, down no more than -3% year-over-year. The company emphasizes the importance of leveraging traffic data for retailers to optimize staffing, stock, and promotions during peak days. The compressed holiday season is expected to impact total shopping visits, as consumers will have fewer opportunities to shop.

Johnson Controls International plc (NYSE: JCI), a global leader in smart, healthy, and sustainable buildings, has announced a regular quarterly dividend of $0.37 per share of common stock. The dividend will be payable on October 18, 2024, to shareholders of record at the close of business on September 25, 2024. This announcement continues Johnson Controls' impressive streak of consecutive dividend payments since 1887, highlighting the company's long-standing commitment to shareholder returns and financial stability.

Sensormatic Solutions, a Johnson Controls (NYSE: JCI) portfolio, has partnered with HappyOrNot to launch the Brand Vitality Meter, a new offering that combines customer satisfaction data with traffic insights to enhance store performance. This collaboration aims to help retailers optimize their locations by merging shopper feedback from HappyOrNot's Smiley devices with Sensormatic's traffic data.

The Brand Vitality Meter focuses on three key areas: customer experience, shopper sentiments, and store performance. It provides retailers with actionable insights to improve customer journeys, align labor allocation with traffic flow, and understand the impact of customer satisfaction on store performance. This holistic approach enables retailers to connect customer satisfaction scores with important metrics such as sales, conversion rates, and average transaction sizes.

Johnson Controls International plc (NYSE: JCI) reported solid Q3 fiscal 2024 results, with sales increasing 1% to $7.2 billion and organic growth of 3%. The company achieved GAAP EPS of $1.45 and adjusted EPS of $1.14. Notably, orders grew 5% organically year-over-year, and the Building Solutions backlog increased 10% organically to $12.9 billion.

Key highlights include:

• Building Solutions North America: 9% sales growth, 8% organic growth
• Building Solutions EMEA/LA: 3% sales growth, 8% organic growth
• Building Solutions Asia Pacific: 22% sales decline, 19% organic decline
• Global Products: Flat sales, 3% organic growth

The company has tightened its full-year fiscal 2024 guidance, reflecting confidence in continued growth and value creation.

Johnson Controls (NYSE: JCI) has announced the initiation of its CEO succession plan, with George R. Oliver planning to retire as CEO while remaining chair of the Board. This decision follows significant progress in the company's portfolio transformation. The Board has begun a comprehensive search for the next CEO, evaluating both internal and external candidates.

In addition, as part of ongoing Board refreshment efforts and following constructive dialogue with Elliott Investment Management, Patrick Decker has been appointed as a new, independent director. Decker, former president and CEO of Xylem Inc., brings valuable experience in transforming industrial companies into advanced technology and solutions enterprises.

These changes reflect Johnson Controls' commitment to optimizing its position as a pure-play provider of comprehensive solutions for commercial buildings, aiming to drive greater value for customers and shareholders.

Johnson Controls International plc (NYSE: JCI), a global leader in smart, healthy, and sustainable buildings, has announced its Third Quarter Fiscal 2024 Earnings Conference Call. The webcast is scheduled for Wednesday, July 31, 2024, at 8:30 a.m. ET. Investors can access the conference call via webcast or telephone. A slide presentation will be available for download on the morning of the call. For those unable to attend live, a replay will be accessible via webcast and telephone until August 7, 2024. This earnings call will provide insights into Johnson Controls' financial performance and potentially discuss future outlook and strategies.