tiprankstipranks
Johnson Controls Announces New CEO and Strong Q1 Results
Company Announcements

Johnson Controls Announces New CEO and Strong Q1 Results

Story Highlights

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

The latest announcement is out from Johnson Controls ( (JCI) ).

On February 5, 2025, Johnson Controls announced the appointment of Joakim Weidemanis as the new CEO, effective March 12, 2025. The company also reported strong fiscal first quarter 2025 results with a 4% increase in sales to $5.4 billion and a 10% rise in organic sales. This performance reflects their strategy to streamline their portfolio and strengthen their position as a leading building solutions provider, contributing to a more predictable performance and delivering value to stakeholders.

More about Johnson Controls

Johnson Controls International plc is a global leader in smart, healthy, and sustainable building solutions. The company focuses on providing innovative solutions for building efficiency and security, serving a wide range of customers across various sectors.

YTD Price Performance: -2.10%

Average Trading Volume: 3,747,415

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $50.83B

For an in-depth examination of JCI stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App