Core Insights - Johnson Controls International plc (JCI) is recognized as a strong industrial stock following its fiscal Q4 earnings, which exceeded market expectations [1][2] - Goldman Sachs has maintained a Buy rating on JCI and raised the price target from $124 to $142, citing a 3% increase in segment EBITDA compared to market consensus [1] - The company reported a GAAP EPS of $0.42 and a 3% increase in Q4 sales to $6.4 billion, with significant growth in both Systems and Service segments [2] Financial Performance - JCI's fiscal Q4 sales reached $6.4 billion, reflecting a 3% growth year-over-year [2] - The company achieved double-digit growth in its Systems segment and high single-digit growth in its Service segment during the quarter [2] - JCI returned $243 million to shareholders in dividends and executed a $5 billion share repurchase program [2] Business Overview - Johnson Controls specializes in designing, distributing, installing, and maintaining HVAC systems, building controls, fire and security systems, and refrigeration units [3] - The company also offers services such as inspections, routine maintenance, repairs, and energy-efficient smart building solutions [3]

Group 1: Johnson Controls - Johnson Controls is projected to generate approximately $4 billion in revenue from data centers in 2024, with an estimated total revenue of $23.4 billion in 2025, indicating that data centers could account for about 19% of its revenue in 2025 [3][4] - The company is experiencing growth in its data center orders, contributing to a growing backlog, while also focusing on retrofit opportunities in commercial buildings to enhance efficiency and meet net zero emissions goals [5] - Johnson Controls is currently trading at an attractive enterprise value to EBITDA ratio, making it a potential buy on dips [5] Group 2: nVent Electric - nVent Electric, which specializes in electrical protection and connections, is positioned to benefit from the electrification trend in various sectors, including smart buildings and data centers [6][7] - The company reported approximately $3 billion in sales from continuing operations in 2024, with data solutions contributing 20% or $600 million, and a 30% growth in data solutions sales, equating to an increase of $139 million [8][9] - nVent anticipates that its infrastructure end markets, particularly data centers, will drive growth with a low double-digit increase expected in 2025 [9] Group 3: GE HealthCare - GE HealthCare is enhancing its value proposition through the growth of AI-enabled solutions, particularly in imaging equipment, where it competes with Siemens Healthineers and Philips [12][13] - The company has expanded its AI-enabled authorizations from 58 to 85 in 2024, aiming to develop precision care solutions that leverage data from its imaging and patient monitoring equipment [14] - The integration of AI is expected to improve diagnostic and treatment capabilities, ultimately leading to better patient outcomes [15]