JCI - Johnson Controls International plc
| Previous Close | 32.23 |
| Open | 32.61 |
| Bid | 33.15 x 800 |
| Ask | 33.16 x 2200 |
| Day's Range | 32.61 - 33.23 |
| 52 Week Range | 30.60 - 41.53 |
| Volume | 2,741,564 |
| Avg. Volume | 5,368,756 |
| Market Cap | 30.572B |
| Beta (3Y Monthly) | 1.23 |
| PE Ratio (TTM) | 14.26 |
| EPS (TTM) | 2.32 |
| Earnings Date | Jan 29, 2019 - Feb 4, 2019 |
| Forward Dividend & Yield | 1.04 (3.18%) |
| Ex-Dividend Date | 2018-12-14 |
| 1y Target Est | 37.92 |
- PR Newswire•yesterday
Johnson Controls - Car Batteries: After the Summer Heat Comes the Deadly Freeze
When temperatures start to drop, it's time to take your car to the workshop and get it ready for the winter season. While changing tyres and testing lights are standard procedures, the battery is often overlooked - yet the continuous operation of windshield heaters, rear window defrosters, headlights and wipers puts it under a constant strain, resulting in unwelcome breakdowns. According to the RAC, the second most common cause of vehicle breakdown in the United Kingdom is a flat or dead battery.
- Zacks•4 days ago
Why Is Johnson Controls (JCI) Down 5.3% Since Last Earnings Report?
Johnson Controls (JCI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- GlobeNewswire•6 days ago
Analysis: Positioning to Benefit within Paratek Pharmaceuticals, Chesapeake Utilities, Eros International, Sunoco LP, Delek Logistics Partners, and Johnson Controls International plc — Research Highlights Growth, Revenue, and Consolidated Results
NEW YORK, Dec. 06, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
- PR Newswire•7 days ago
Johnson Controls announces quarterly dividend
CORK, Ireland , Dec. 5, 2018 /PRNewswire/ -- The board of directors of Johnson Controls International plc, (NYSE: JCI), has approved a regular quarterly cash dividend of $0.26 per common share payable ...
- PR Newswire•7 days ago
Pierre E. Cohade appointed to board of Johnson Controls
Brian Duperreault to retire from the Company's board of directors CORK, Ireland , Dec. 5, 2018 /PRNewswire/ -- The board of directors of Johnson Controls International plc, (NYSE: JCI), today announced ...
- Zacks•14 days ago
Johnson Controls' Power Solutions Unit Partners With Toshiba
Johnson Controls' (JCI) Power Solutions segment collaborates with Toshiba to develop and manufacture lithium-ion batteries in the Holland, MI-based facility.
- American City Business Journals•15 days ago
Johnson Controls Power Solutions partners with Toshiba
Under the agreement, Power Solutions will work with Toshiba to develop and manufacture lithium-ion batteries in Holland, Mich., where Power Solutions has a significant presence, and pair those batteries with existing lead-acid battery technology as part of dual-battery systems.
- Moody's•16 days ago
LA Gateway Partners, LLC -- Moody's assigns A3 rating to LA Gateway Partners, LLC's $456 million senior secured bonds, stable outlook
Moody's Investors Service ("Moody's") has assigned an initial A3 rating to senior secured bonds maturing in 2046 totaling approximately $456 million proposed to be issued by LA Gateway Partners, LLC ("project company"). Proceeds of the senior secured bonds will be used to partially fund construction of the project. LA Gateway Partners, LLC is a bankruptcy remote special purpose vehicle, owned indirectly by funds managed by Fengate Asset Management ("Fengate LAGP US I, LLC", 83.3%) and PCL Investments USA, LLC ("PCL LAGP Partnership LP", 16.7%).
Market Realist•16 days agoAlbemarle Enters Lithium Joint Venture with Mineral Resources
On November 21, Albemarle (ALB) announced that it has entered into an exclusivity agreement with Mineral Resources to develop an integrated lithium hydroxide operation in Western Australia. The deal would be a 50-50 joint venture with Mineral Resources. Albemarle would invest $1.15 billion in the joint venture.
- Reuters•27 days ago
US loan market readies 2019’s first jumbo buyout loan
The US leveraged loan market is looking forward to its first jumbo buyout loan of 2019 after the US$13.2bn acquisition of Johnson Controls International Plc’s power solutions business by private equity firm Brookfield Business Partners. The sale of the unit, which makes car batteries, is supported by an underwritten debt financing of US$10.2bn, which will include dollar- and euro-denominated loans and bonds, a banker said. The deal has more debt and less equity than most of 2018’s buyout loans as private equity firms issue increasingly aggressive deals to take advantage of strong investor demand for floating-rate debt in a rising interest rate environment.
- Zacks•27 days ago
Auto Stock Roundup: Ford Focuses on Mobility Services, Johnson Controls to Sell Unit
In third-quarter 2018, earnings for Magna (MGA) and Advance Auto Parts (AAP) surpass the Zacks Consensus Estimate and the figures are higher than the year-ago quarter.
- American City Business Journals•28 days ago
Analyst's view: Streamlined Johnson Controls has potential for growth
Oppenheimer analyst Noah Kaye believes there's upside and growth potential for a streamlined Johnson Controls focused on its Building Technologies & Solutions division.
- Zacks•28 days ago
Johnson Controls (JCI) to Sell Power Solutions Unit for $13B
Johnson Controls (JCI) signs agreement to sell the power solutions business to Brookfield Business Partners. The expected closing date of the transaction is Jun 30, 2019.
- American City Business Journals•29 days ago
CEO: Johnson Controls will continue to lead in Milwaukee community after Power Solutions sale
In an interview Tuesday afternoon, Johnson Controls chairman and CEO George Oliver said he expects Power Solutions to remain based in the current facility in Glendale both before and after the $13.2 billion sale closes.
- The Wall Street Journal•29 days ago
[$$] Johnson Controls to Sell Auto Battery Unit to Brookfield Business Partners
Johnson Controls International PLC is selling its automotive-battery business to a group led by Brookfield Business Partners LP for $13.2 billion in cash, the company said Tuesday. Johnson Controls said it would reap proceeds of $11.4 billion after tax and transaction-related expenses. Brookfield, which is joining with Canadian pension fund Caisse de dépôt et placement du Québec, has been in talks with Johnson Controls for weeks, grinding through the details of the deal.
- Bloomberg•29 days ago
Johnson Controls Caps Revamp With $13.2 Billion Brookfield Deal
Chief Executive Officer George Oliver is betting on continued growth of “smart buildings” as companies seek to boost efficiency of working spaces with new technology. With the sale of the power unit to Brookfield Asset Management Inc., Johnson Controls becomes a “pure-play” provider of fire, security, climate control, and building-management systems. The new structure will enable Johnson Controls to lower capital spending and boost profit margins, Oliver said in a conference call with analysts Tuesday.
- American City Business Journals•29 days ago
Johnson Controls still committed to Milwaukee, tracking industry consolidation
Johnson Controls employs 2,600 people in the Milwaukee area, including 500 Power Solutions employees at the Glendale headquarters. Power Solutions is expected to remain based in Glendale following Tuesday's sale news, according to a company spokesman.
- American City Business Journals•29 days ago
Johnson Controls sells Power Solutions division for $13.2 billion
Johnson Controls announced it will sell Power Solutions, its automotive battery business based in Glendale, to Canadian firm Brookfield Business Partners LP and its institutional partners for $13.2 billion.
Reuters•29 days agoJohnson Controls sells its power business to Brookfield in $13 billion deal
Shares of Johnson Controls were up 3.5 percent at $35.40 before the bell. The deal will allow Johnson Controls to focus on its building technologies and solutions business, which makes heating, ventilation and air conditioning systems, as well as building access control and fire detection systems. Reuters had reported, late last month, that Brookfield and Johnson Controls were close to finalizing terms for the sale of the unit, whose batteries are used in about a third of cars globally.
Reuters•29 days agoJohnson Controls sells its power business to Brookfield in $13 billion deal
Shares of Johnson Controls were up 3.5 percent at $35.40 before the bell. The deal will allow Johnson Controls to focus on its building technologies and solutions business, which makes heating, ventilation and air conditioning systems, as well as building access control and fire detection systems. Reuters had reported, late last month, that Brookfield and Johnson Controls were close to finalising terms for the sale of the unit, whose batteries are used in about a third of cars globally.
- Associated Press•29 days ago
Johnson Controls selling power solutions unit for $13.2B
Johnson Controls International PLC is selling its power solutions division to Brookfield Business Partners LP for $13.2 billion.
- MarketWatch•29 days ago
Johnson Controls selling Power Solutions for $13.2 billion
Johnson Controls International plc will sell its Power Solutions business to Brookfield Business Partners L.P. in a cash transaction worth $13.2 billion, the company announced Tuesday. Power Solutions, which manufactures and distributes battery technology for vehicles, generated $8 billion in revenue in fiscal 2018. The sale will streamline the Johnson Controls portfolio, give the company financial flexibility, and allow it to return money to shareholders, George Oliver, Johnson Control's chief executive officer, said in a statement. The company will use $3.0 billion to $3.5 billion to pay down debt. The transaction is expected to close on June 30, 2019. Johnson Controls shares are up 3.4% in Tuesday premarket trading, but down 10.3% for 2018 to date. The S&P 500 index is up 2% for the year so far.
