Johnson Controls International (NYSE:JCI) Posts Quarterly Earnings Results, Beats Expectations By $0.12 EPS

Johnson Controls International (NYSE:JCI) released its earnings results on Wednesday. The company reported $1.42 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.12, FiscalAI reports. The company had revenue of $6.61 billion for the quarter, compared to analysts’ expectations of $6.46 billion. Johnson Controls International had a return on equity of 22.11% and a net margin of 14.32%.The business’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same period in the previous year, the business posted $1.05 EPS. Johnson Controls International updated its Q4 2026 guidance to 1.550-1.550 EPS and its FY 2026 guidance to 5.050-5.050 EPS.

Here are the key takeaways from Johnson Controls International’s conference call:

• Johnson Controls reported strong Q3 results, with organic revenue up 10%, adjusted EBIT margin expanding 260 basis points to 17%, adjusted EPS rising 35% to $1.42, and backlog increasing 32% to a record $21 billion.
• The company raised fiscal 2026 guidance, now expecting approximately 8% organic revenue growth and adjusted EPS of about $5.05, while maintaining its expectation for roughly 100% free-cash-flow conversion.
• Data-center demand remains a major growth driver: Americas orders rose 37%, Applied HVAC posted high-teens growth, data-center revenue is expected to represent a high-teens percentage of fiscal 2026 sales, and the company expects the mix to reach roughly one-third of revenue over the next three to five years.
• Johnson Controls said its proprietary business system is improving productivity and capacity, including quadrupling computer-room-air-handler capacity without significant capital investment, while new cooling technologies such as absorption chillers and CDUs could expand its value per data-center megawatt.
• Management expects continued pressure in the Middle East, leaving EMEA growth at flat to low single digits in Q4, while security-related service orders have faced competitive volume pressure; the company expects improvement but characterizes the fire and security market as broadly flat.

Johnson Controls International Stock Performance

Shares of NYSE:JCI traded up $2.87 during midday trading on Friday, reaching $146.75. 1,509,565 shares of the company traded hands, compared to its average volume of 4,445,643. The company has a quick ratio of 0.85, a current ratio of 1.00 and a debt-to-equity ratio of 0.61. Johnson Controls International has a 12 month low of $103.07 and a 12 month high of $151.18. The firm has a market capitalization of $89.53 billion, a price-to-earnings ratio of 25.52, a price-to-earnings-growth ratio of 1.45 and a beta of 1.31. The firm’s fifty day moving average price is $142.29 and its two-hundred day moving average price is $136.96.

Johnson Controls International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Monday, June 15th were given a $0.40 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. Johnson Controls International’s payout ratio is 28.62%.

Analyst Ratings Changes

A number of research firms have weighed in on JCI. HSBC boosted their target price on shares of Johnson Controls International from $127.00 to $136.00 in a research note on Thursday, May 7th. Robert W. Baird lifted their price target on shares of Johnson Controls International from $132.00 to $148.00 and gave the stock a “neutral” rating in a report on Monday, April 27th. Evercore started coverage on Johnson Controls International in a report on Monday, April 13th. They set a “hold” rating and a $155.00 price objective for the company. Wells Fargo & Company raised their target price on Johnson Controls International from $145.00 to $160.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Johnson Controls International in a research note on Tuesday, June 9th. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $153.30.

Insider Activity

In other Johnson Controls International news, VP Todd M. Grabowski sold 1,800 shares of the firm’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $146.20, for a total value of $263,160.00. Following the completion of the transaction, the vice president directly owned 26,215 shares of the company’s stock, valued at $3,832,633. This trade represents a 6.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Lei Zhang Schlitz sold 88,809 shares of the business’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $140.99, for a total transaction of $12,521,180.91. Following the transaction, the vice president owned 57,059 shares of the company’s stock, valued at $8,044,748.41. This trade represents a 60.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.29% of the stock is owned by company insiders.

Hedge Funds Weigh In On Johnson Controls International

Several hedge funds and other institutional investors have recently added to or reduced their stakes in JCI. Mcguire Capital Advisors Inc. bought a new stake in shares of Johnson Controls International during the 4th quarter valued at about $27,000. Kemnay Advisory Services Inc. purchased a new stake in Johnson Controls International in the fourth quarter valued at approximately $47,000. Transamerica Financial Advisors LLC raised its stake in Johnson Controls International by 99.0% in the fourth quarter. Transamerica Financial Advisors LLC now owns 418 shares of the company’s stock valued at $50,000 after purchasing an additional 208 shares in the last quarter. Acadian Asset Management LLC bought a new stake in Johnson Controls International during the first quarter valued at approximately $55,000. Finally, Strive Financial Group LLC bought a new stake in Johnson Controls International during the fourth quarter worth about $60,000. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Johnson Controls International Company Profile

Johnson Controls International plc is a global diversified technology and multi?industrial company that develops products, services and solutions for buildings and energy storage. The company’s core focus is on improving building efficiency, safety and sustainability through a combination of HVAC equipment, building controls and automation, fire and security systems, and related services. Johnson Controls traces its roots to 1885, when inventor Warren S. Johnson developed an electric room thermostat; over its long history the company has expanded from controls into a broad set of building?related technologies and, through corporate transactions, into a global provider of integrated building solutions.

Johnson Controls’ product and service portfolio includes heating, ventilation and air?conditioning equipment, chillers, air handlers and related mechanical systems, together with building automation and control platforms that monitor and manage energy use, indoor environmental quality and security.