U.S. stocks edge higher; solid earnings season continues
Nathan D. Manning, VP and President, Americas at Johnson Controls International PLC (NYSE:JCI), a $70.1 billion market cap building products leader, sold 1,422 shares of the company’s stock on August 1, 2025, at a price of $103.69, for a total transaction value of $147,447. The stock has shown remarkable strength, delivering a 60.7% return over the past year. According to InvestingPro analysis, JCI appears to be trading above its Fair Value.
Following the transaction, Manning directly owns 140,880.9 shares of Johnson Controls International PLC.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on September 12, 2024.
In other recent news, Johnson Controls reported its fiscal third-quarter earnings, surpassing analyst expectations with a modest 2-cent per share beat. The company also exceeded consensus estimates for revenue during the quarter. Despite these positive results, Johnson Controls’ shares experienced a decline, possibly due to mixed performance across different regional segments. The company provided fiscal fourth-quarter earnings guidance that aligns with market expectations. RBC Capital responded to the earnings report by raising its price target for Johnson Controls to $114 from $112, while maintaining a Sector Perform rating. Meanwhile, Oppenheimer continued to hold a Perform rating on the stock. These developments reflect ongoing confidence from analysts despite the stock’s recent performance.
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