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In a recent filing with the Securities and Exchange Commission, Oliver George, a director at Johnson Controls International plc (NYSE:JCI), disclosed the sale of 100,000 ordinary shares. The transaction, dated May 9, 2025, was executed at a weighted average price of $91.70 per share, resulting in a total sale value of approximately $9.17 million. The sale comes as JCI’s stock trades near its 52-week high of $95.50, having gained over 21% year-to-date. According to InvestingPro analysis, the stock’s RSI indicates overbought conditions.
Following this transaction, George maintains direct ownership of 904,305.47 shares. Additionally, the filing reported a separate transaction involving the disposition of 2,585 shares, recorded with no financial consideration. George also holds shares indirectly through the GRO Sr. 5 Year GRAT and the Oliver Family Trust (SLAT), amounting to 108,483 and 69,866 shares, respectively. With a market capitalization of $62.57 billion, JCI shows strong momentum, though InvestingPro analysis suggests the stock is currently trading above its Fair Value. Discover 12 additional exclusive ProTips and comprehensive financial analysis in the Pro Research Report.
In other recent news, Johnson Controls International reported a strong second quarter with earnings that surpassed expectations. The company posted adjusted earnings per share of $0.82, exceeding analyst predictions of $0.79, and reported a 1% year-over-year revenue increase to $5.68 billion, beating the consensus estimate of $5.64 billion. Additionally, Johnson Controls raised its full-year EPS outlook to approximately $3.60, up from its previous guidance and above the Wall Street consensus of $3.56. Following these results, Deutsche Bank (ETR:DBKGn) upgraded Johnson Controls’ stock rating from Hold to Buy, with a new price target of $112, citing optimism about future performance under new CEO Joakim Weidemanis. Oppenheimer also raised its price target for the company to $96, maintaining an Outperform rating, as the company exceeded revenue and earnings expectations in the second fiscal quarter. The firm noted improvements in free cash flow conversion and operational efficiency as significant factors. Johnson Controls has also announced a realignment of its organizational structure, transitioning from four to three reporting segments, to simplify operations and accelerate growth. These developments reflect the company’s strategic direction and financial performance under its new leadership.
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