Johnson Controls’ VP Manning sells $149k in shares

Published 04/09/2025, 22:44
Johnson Controls’ VP Manning sells $149k in shares

Nathan D. Manning, VP and President, Americas at Johnson Controls International (NYSE:JCI), a $70 billion market cap building products leader that has delivered a 55% return over the past year, sold 1,422 ordinary shares of the company on September 2, 2025, at a price of $105.06, for a total value of $149395.

Following the transaction, Manning directly owns 139458.9 shares of Johnson Controls International plc. The sale was executed under a Rule 10b5-1 trading plan adopted on September 12, 2024. According to InvestingPro analysis, JCI currently trades above its Fair Value, with 15+ additional investment insights available to subscribers, including the company’s 55-year track record of consistent dividend payments.

In other recent news, Johnson Controls International PLC reported its third-quarter earnings for 2025, surpassing analyst expectations. The company achieved an adjusted earnings per share (EPS) of $1.05, exceeding the forecast of $1.01. Revenue also outperformed projections, reaching $6.05 billion compared to the anticipated $6 billion. Additionally, Johnson Controls raised its full-year adjusted EPS guidance to a range of $3.65 to $3.68, indicating a growth of 14-15%. In related developments, JPMorgan reiterated its Overweight rating on Johnson Controls, maintaining a price target of $105.00. The investment bank expressed increased confidence in the company’s margin expansion potential, which it believes is largely independent of the current solid volume environment. These updates reflect the latest developments surrounding Johnson Controls.

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