Johnson Controls International (NYSE:JCI) Posts Quarterly Earnings Results, Beats Estimates By $0.06 EPS

Key Points

• Johnson Controls International reported earnings of $1.05 EPS for the quarter, exceeding analysts' expectations of $0.99 by $0.06.
• The company has updated its FY 2025 guidance to a range of $3.650-3.680 EPS, alongside Q4 2025 guidance of $1.140-1.170 EPS.
• Johnson Controls announced a stock repurchase program authorizing the buyback of up to $9.00 billion in shares, reflecting the board's belief that the stock is undervalued.

Johnson Controls International (NYSE:JCI - Get Free Report) issued its earnings results on Tuesday. The company reported $1.05 EPS for the quarter, beating the consensus estimate of $0.99 by $0.06, Zacks reports. Johnson Controls International had a net margin of 9.53% and a return on equity of 14.71%. The firm had revenue of $6.05 billion during the quarter, compared to the consensus estimate of $5.99 billion. Johnson Controls International updated its FY 2025 guidance to 3.650-3.680 EPS and its Q4 2025 guidance to 1.140-1.170 EPS.

Johnson Controls International Trading Up 1.4%

JCI traded up $1.48 during trading on Friday, reaching $106.48. 5,337,531 shares of the company's stock were exchanged, compared to its average volume of 4,723,883. Johnson Controls International has a one year low of $64.31 and a one year high of $112.63. The company has a current ratio of 0.96, a quick ratio of 0.81 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $70.07 billion, a PE ratio of 31.60, a price-to-earnings-growth ratio of 1.85 and a beta of 1.31. The firm has a fifty day moving average price of $104.65 and a two-hundred day moving average price of $90.66.

Johnson Controls International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 18th. Shareholders of record on Monday, June 23rd were issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Monday, June 23rd. Johnson Controls International's payout ratio is presently 39.47%.

Analyst Ratings Changes

A number of research analysts recently weighed in on JCI shares. Wells Fargo & Company raised their target price on shares of Johnson Controls International from $100.00 to $130.00 and gave the company an "overweight" rating in a research report on Wednesday, June 4th. Robert W. Baird lifted their price objective on shares of Johnson Controls International from $90.00 to $110.00 and gave the stock a "neutral" rating in a research note on Thursday, July 17th. JPMorgan Chase & Co. lifted their price objective on shares of Johnson Controls International from $81.00 to $98.00 and gave the stock an "overweight" rating in a research note on Friday, May 16th. The Goldman Sachs Group lifted their price objective on shares of Johnson Controls International from $103.00 to $116.00 and gave the stock a "buy" rating in a research note on Tuesday, July 8th. Finally, Oppenheimer cut shares of Johnson Controls International from an "outperform" rating to a "market perform" rating in a research note on Friday, June 20th. Ten investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $105.17.

Johnson Controls International announced that its board has authorized a share buyback program on Friday, June 13th that allows the company to buyback $9.00 billion in outstanding shares. This buyback authorization allows the company to purchase up to 13.4% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board of directors believes its stock is undervalued.

Insider Buying and Selling at Johnson Controls International

In other news, CFO Marc Vandiepenbeeck sold 28,289 shares of the business's stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of $90.92, for a total value of $2,572,035.88. Following the transaction, the chief financial officer owned 147,673 shares in the company, valued at approximately $13,426,429.16. The trade was a 16.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Nathan D. Manning sold 1,422 shares of the business's stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $104.82, for a total transaction of $149,054.04. Following the completion of the transaction, the vice president owned 141,860 shares in the company, valued at $14,869,765.20. This trade represents a 0.99% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 146,133 shares of company stock valued at $13,581,520. 0.54% of the stock is owned by insiders.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Johnson Controls International stock. Brighton Jones LLC purchased a new position in Johnson Controls International plc (NYSE:JCI - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,809 shares of the company's stock, valued at approximately $222,000. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Johnson Controls International Company Profile

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.