Zacks Research Analysts Increase Earnings Estimates for TT

Trane Technologies plc (NYSE:TT) – Equities researchers at Zacks Research raised their Q2 2025 earnings estimates for Trane Technologies in a research note issued on Wednesday, May 21st. Zacks Research analyst R. Department now expects that the company will post earnings per share of $3.71 for the quarter, up from their prior forecast of $3.70. The consensus estimate for Trane Technologies’ current full-year earnings is $12.83 per share. Zacks Research also issued estimates for Trane Technologies’ FY2025 earnings at $12.77 EPS, Q1 2027 earnings at $2.79 EPS and FY2027 earnings at $15.38 EPS.

Several other brokerages also recently commented on TT. Wells Fargo & Company lifted their target price on shares of Trane Technologies from $330.00 to $370.00 and gave the stock an “underweight” rating in a report on Thursday, May 1st. HSBC raised shares of Trane Technologies from a “hold” rating to a “buy” rating and lifted their target price for the stock from $405.00 to $415.00 in a report on Friday, April 25th. JPMorgan Chase & Co. lifted their target price on shares of Trane Technologies from $334.00 to $400.00 and gave the stock a “neutral” rating in a report on Friday, May 16th. Robert W. Baird lifted their target price on shares of Trane Technologies from $360.00 to $396.00 and gave the stock a “neutral” rating in a report on Thursday, May 1st. Finally, Hsbc Global Res raised shares of Trane Technologies from a “hold” rating to a “strong-buy” rating in a report on Friday, April 25th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $427.47.

Trane Technologies Stock Down 0.1%

Trane Technologies stock opened at $423.71 on Friday. The firm has a market capitalization of $94.50 billion, a PE ratio of 37.66, a P/E/G ratio of 2.50 and a beta of 1.14. The company’s 50-day moving average is $366.28 and its 200-day moving average is $375.13. Trane Technologies has a fifty-two week low of $298.15 and a fifty-two week high of $433.60. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.21 and a quick ratio of 0.88.

Trane Technologies (NYSE:TT) last released its quarterly earnings data on Wednesday, April 30th. The company reported $2.45 earnings per share for the quarter, topping the consensus estimate of $2.20 by $0.25. The company had revenue of $4.69 billion for the quarter, compared to analyst estimates of $4.46 billion. Trane Technologies had a net margin of 12.94% and a return on equity of 35.37%. Trane Technologies’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.94 EPS.

Trane Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 6th will be given a $0.94 dividend. This represents a $3.76 annualized dividend and a yield of 0.89%. The ex-dividend date is Friday, June 6th. Trane Technologies’s dividend payout ratio (DPR) is currently 31.28%.

Insider Buying and Selling at Trane Technologies

In other Trane Technologies news, insider Donald E. Simmons sold 3,571 shares of the company’s stock in a transaction that occurred on Wednesday, April 30th. The shares were sold at an average price of $380.00, for a total value of $1,356,980.00. Following the completion of the transaction, the insider now directly owns 3,593 shares in the company, valued at approximately $1,365,340. This represents a 49.85% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.38% of the company’s stock.

Hedge Funds Weigh In On Trane Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. McAdam LLC bought a new stake in shares of Trane Technologies in the 1st quarter valued at $505,000. Geneos Wealth Management Inc. boosted its stake in shares of Trane Technologies by 19.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 3,179 shares of the company’s stock valued at $1,071,000 after purchasing an additional 511 shares during the last quarter. Focus Partners Wealth boosted its stake in shares of Trane Technologies by 16.4% in the 1st quarter. Focus Partners Wealth now owns 12,672 shares of the company’s stock valued at $4,270,000 after purchasing an additional 1,785 shares during the last quarter. Ransom Advisory Ltd bought a new position in Trane Technologies during the first quarter worth $1,312,000. Finally, Advisory Alpha LLC boosted its stake in Trane Technologies by 23.6% during the first quarter. Advisory Alpha LLC now owns 792 shares of the company’s stock worth $267,000 after acquiring an additional 151 shares in the last quarter. 82.97% of the stock is currently owned by institutional investors and hedge funds.

Trane Technologies Company Profile

Trane Technologies plc, together with its subsidiaries, designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, custom, and custom and transport refrigeration in Ireland and internationally. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps, auxiliary power units; chillers; coils and condensers; gensets; dehumidifiers; ductless; furnaces; home automation products; humidifiers; indoor air quality assessments and related products; large and light commercial unitary products; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps.