Johnson Controls VP McConeghy sells $625k in shares

Published 04/09/2025, 22:36
Johnson Controls VP McConeghy sells $625k in shares

Daniel C. McConeghy, VP, Chief Accounting & Tax Officer at Johnson Controls International PLC (NYSE:JCI), sold 5,917 ordinary shares of the company on September 3, 2025. The shares were sold at a weighted average price of $105.73, resulting in a total transaction value of $625,604. Prices ranged from $105.63 to $105.89.

On the same day, McConeghy exercised options to acquire 5,917 ordinary shares at a price of $79.54, for a total value of $470,638.

Following these transactions, McConeghy directly owns 25,004.99 shares and indirectly owns 2,683.31 shares through a 401k plan trustee.

In other recent news, Johnson Controls International PLC reported its third-quarter earnings for 2025, surpassing analyst expectations. The company achieved an adjusted EPS of $1.05, exceeding the forecasted $1.01. Additionally, Johnson Controls’ revenue reached $6.05 billion, surpassing the anticipated $6 billion. The company also raised its full-year adjusted EPS guidance to a range of $3.65 to $3.68, indicating a growth of 14-15%. In further 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 potential for margin expansion, which it believes is largely independent of the current solid volume environment. These recent developments highlight key financial and analyst perspectives on Johnson Controls.

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