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

Johnson Controls International (NYSE:JCI) posted its quarterly earnings results on Wednesday. The company reported $1.42 earnings per share for the quarter, topping analysts’ consensus estimates of $1.30 by $0.12, FiscalAI reports. Johnson Controls International had a net margin of 14.32% and a return on equity of 22.11%. The business had revenue of $6.61 billion during the quarter, compared to the consensus estimate of $6.46 billion. During the same period in the previous year, the firm posted $1.05 earnings per share. Johnson Controls International’s revenue for the quarter was up 9.3% compared to the same quarter last year. 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 Trading Up 3.4%

Shares of JCI traded up $4.70 during trading hours on Thursday, reaching $144.12. The stock had a trading volume of 4,619,278 shares, compared to its average volume of 3,389,168. 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 52 week low of $103.07 and a 52 week high of $151.18. The firm has a 50-day moving average of $142.29 and a 200 day moving average of $136.96. The company has a market cap of $87.93 billion, a P/E ratio of 25.06, a P/E/G ratio of 1.45 and a beta of 1.31.

Johnson Controls International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Monday, June 15th were issued a $0.40 dividend. The ex-dividend date of this dividend 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%.

More Johnson Controls International News

Here are the key news stories impacting Johnson Controls International this week:

• Positive Sentiment: Quarterly earnings beat expectations. Adjusted EPS was $1.42 versus the $1.30 consensus, while revenue rose 9.3% year over year to $6.61 billion, exceeding the $6.46 billion estimate. Johnson Controls earnings report
• Positive Sentiment: Management raised its fiscal 2026 outlook. The company now expects adjusted EPS of approximately $5.05, above the $4.90 analyst consensus, and fourth-quarter EPS of $1.55 versus the $1.52 consensus. Full-year organic sales growth is projected at about 8%. Johnson Controls raises fiscal 2026 guidance
• Positive Sentiment: Demand indicators were robust. Organic orders increased 27% year over year, and the organic backlog grew 32% to $21.0 billion. Data-center demand is emerging as a major growth driver and could eventually represent roughly one-third of the business. Johnson Controls data center demand
• Positive Sentiment: RBC raised its price target from $154 to $161 while maintaining a “sector perform” rating, implying additional upside based on the referenced current price. RBC raises Johnson Controls price target
• Neutral Sentiment: Analysts collectively maintain a “moderate buy” recommendation, while unusually high call-option activity indicates increased trading interest but is not conclusive evidence of future performance. Johnson Controls unusual options activity
• Negative Sentiment: Recent institutional positioning was mixed, with several large investors reducing holdings, and disclosed insider activity included more sales than purchases. These signals may modestly temper the otherwise positive earnings reaction.

Wall Street Analysts Forecast Growth

JCI has been the topic of several recent research reports. Barclays raised their price target on Johnson Controls International from $136.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. UBS Group reiterated a “buy” rating on shares of Johnson Controls International in a report on Thursday. Oppenheimer reissued a “market perform” rating on shares of Johnson Controls International in a research note on Tuesday, June 2nd. Evercore began coverage on Johnson Controls International in a report on Monday, April 13th. They set a “hold” rating and a $155.00 target price on the stock. Finally, HSBC boosted their target price on Johnson Controls International from $127.00 to $136.00 in a research report on Thursday, May 7th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $153.30.

Insider Transactions at Johnson Controls International

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

Institutional Trading of Johnson Controls International

Several hedge funds have recently bought and sold shares of JCI. Strategic Investment Advisors MI boosted its holdings in shares of Johnson Controls International by 1.5% in the fourth quarter. Strategic Investment Advisors MI now owns 5,389 shares of the company’s stock valued at $645,000 after buying an additional 78 shares during the period. UMB Bank n.a. raised its holdings in shares of Johnson Controls International by 2.5% during the fourth quarter. UMB Bank n.a. now owns 3,261 shares of the company’s stock worth $391,000 after acquiring an additional 79 shares during the period. Rossby Financial LCC lifted its position in Johnson Controls International by 16.4% in the 4th quarter. Rossby Financial LCC now owns 703 shares of the company’s stock valued at $84,000 after acquiring an additional 99 shares in the last quarter. Jacobi Capital Management LLC lifted its position in Johnson Controls International by 2.2% in the 4th quarter. Jacobi Capital Management LLC now owns 4,834 shares of the company’s stock valued at $579,000 after acquiring an additional 104 shares in the last quarter. Finally, Venture Visionary Partners LLC boosted its stake in Johnson Controls International by 4.5% in the 4th quarter. Venture Visionary Partners LLC now owns 2,516 shares of the company’s stock worth $301,000 after purchasing an additional 108 shares during the period. 90.05% of the stock is currently owned by institutional investors and hedge funds.

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.