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

Johnson Controls International (NYSE:JCI) announced its quarterly earnings data on Wednesday. The company reported $1.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.30 by $0.12, FiscalAI reports. The firm had revenue of $6.61 billion during the quarter, compared to analysts’ expectations of $6.46 billion. Johnson Controls International had a net margin of 14.45% and a return on equity of 19.50%. The company’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same period in the prior year, the company posted $1.05 earnings per share. 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 Price Performance

Shares of JCI stock traded up $4.70 during trading hours on Thursday, hitting $144.12. The stock had a trading volume of 4,619,278 shares, compared to its average volume of 4,466,544. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.04 and a quick ratio of 0.85. The stock has a market capitalization of $87.93 billion, a price-to-earnings ratio of 25.78, a PEG ratio of 1.50 and a beta of 1.31. Johnson Controls International has a one year low of $103.07 and a one year high of $151.18. The stock’s 50-day moving average price is $142.29 and its two-hundred day moving average price is $136.96.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Monday, June 15th were given a dividend of $0.40 per share. The ex-dividend date was Monday, June 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. Johnson Controls International’s dividend payout ratio (DPR) is presently 28.62%.

Analysts Set New Price Targets

JCI has been the subject of a number of analyst reports. Morgan Stanley increased their price target on Johnson Controls International from $140.00 to $175.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 9th. Wall Street Zen raised Johnson Controls International from a “hold” rating to a “buy” rating in a research note on Sunday, May 3rd. Wells Fargo & Company upped their price objective on Johnson Controls International from $145.00 to $160.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Citigroup increased their target price on Johnson Controls International from $155.00 to $157.00 and gave the stock a “neutral” rating in a research report on Thursday. Finally, Zacks Research raised Johnson Controls International from a “hold” rating to a “strong-buy” rating in a report on Thursday, June 25th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $153.30.

Insider Buying and Selling

In other news, VP Todd M. Grabowski sold 1,800 shares of the company’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $146.20, for a total transaction of $263,160.00. Following the sale, the vice president directly owned 26,215 shares of the company’s stock, valued at $3,832,633. This represents a 6.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Lei Zhang Schlitz sold 88,809 shares of the company’s stock in a transaction that occurred on 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 sale, the vice president directly owned 57,059 shares in the company, 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 currently owned by corporate insiders.

Hedge Funds Weigh In On Johnson Controls International

Several institutional investors have recently bought and sold shares of the business. Mcguire Capital Advisors Inc. purchased a new position in shares of Johnson Controls International in the 4th quarter worth $27,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Johnson Controls International during the 4th quarter valued at about $47,000. Transamerica Financial Advisors LLC raised its position in shares of Johnson Controls International by 99.0% during the 4th quarter. Transamerica Financial Advisors LLC now owns 418 shares of the company’s stock valued at $50,000 after buying an additional 208 shares in the last quarter. Acadian Asset Management LLC bought a new position in shares of Johnson Controls International in the 1st quarter valued at about $55,000. Finally, Strive Financial Group LLC bought a new position in shares of Johnson Controls International in the 4th quarter valued at about $60,000. Institutional investors own 90.05% of the company’s stock.

More Johnson Controls International News

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

• Positive Sentiment: Q3 earnings and revenue beat expectations. Johnson Controls reported adjusted EPS of $1.42 versus the $1.30 consensus estimate, while revenue reached $6.61 billion versus expectations of $6.46 billion. Revenue grew 9.3% year over year, and adjusted EPS rose substantially from $1.05 in the prior-year quarter. Johnson Controls earnings report
• Positive Sentiment: Management raised its fiscal 2026 outlook. The company now expects approximately 8% organic sales growth and adjusted EPS of about $5.05, above the roughly $4.90 analyst consensus. Fourth-quarter EPS guidance of $1.55 also exceeds the $1.52 consensus estimate. Johnson Controls reports strong Q3 results
• Positive Sentiment: Data-center demand is becoming a major growth driver. Johnson Controls highlighted strong demand from data centers, which management expects could eventually represent about one-third of the business. Organic orders increased 27% year over year, and backlog rose 32% organically to $21.0 billion, improving revenue visibility. Johnson Controls data-center demand
• Neutral Sentiment: RBC raised its price target to $161 from $154 but maintained a “sector perform” rating. The higher target implies additional upside, although the unchanged rating signals limited conviction that JCI will materially outperform its industry. RBC price target update
• Neutral Sentiment: Analysts continue to rate JCI broadly favorably, with the average recommendation classified as “Moderate Buy.” Unusually high call-option activity also indicates increased near-term investor interest, but options positioning is not a guarantee of sustained gains. Analyst recommendation for Johnson Controls
• Negative Sentiment: Some insider selling and mixed institutional portfolio changes could temper sentiment, although these transactions are secondary to the company’s earnings and guidance momentum. Johnson Controls institutional and insider activity

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.