Barclays Raises Trane Technologies (NYSE:TT) Price Target to $507.00

Trane Technologies (NYSE:TT) had its target price raised by stock analysts at Barclays from $505.00 to $507.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Barclays‘s target price points to a potential upside of 20.62% from the stock’s previous close.

Several other equities research analysts also recently weighed in on the stock. Melius Research raised shares of Trane Technologies from a “hold” rating to a “buy” rating and set a $490.00 target price on the stock in a research note on Wednesday, January 7th. Royal Bank Of Canada boosted their price target on shares of Trane Technologies from $467.00 to $469.00 and gave the stock a “sector perform” rating in a research note on Friday, October 31st. Oppenheimer increased their price objective on Trane Technologies from $460.00 to $468.00 and gave the company an “outperform” rating in a research note on Friday. Bank of America raised Trane Technologies from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $490.00 to $550.00 in a research note on Thursday, November 13th. Finally, KeyCorp raised Trane Technologies from a “sector weight” rating to an “overweight” rating and set a $500.00 price target on the stock in a research report on Monday, December 15th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $484.67.

Trane Technologies Price Performance

TT stock opened at $420.34 on Friday. The business’s fifty day moving average price is $396.23 and its 200 day moving average price is $414.80. Trane Technologies has a 12-month low of $298.15 and a 12-month high of $476.18. The company has a current ratio of 1.25, a quick ratio of 0.84 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $93.21 billion, a PE ratio of 32.38, a P/E/G ratio of 2.14 and a beta of 1.21.

Trane Technologies (NYSE:TT) last released its earnings results on Thursday, January 29th. The company reported $2.86 earnings per share for the quarter, beating the consensus estimate of $2.81 by $0.05. The company had revenue of $5.14 billion during the quarter, compared to the consensus estimate of $5.09 billion. Trane Technologies had a return on equity of 36.34% and a net margin of 13.69%.Trane Technologies’s revenue was up 5.6% compared to the same quarter last year. During the same period in the previous year, the company posted $2.61 EPS. On average, sell-side analysts anticipate that Trane Technologies will post 12.83 EPS for the current year.

Institutional Investors Weigh In On Trane Technologies

Several institutional investors have recently added to or reduced their stakes in the business. Ethic Inc. grew its stake in Trane Technologies by 6.6% during the 2nd quarter. Ethic Inc. now owns 26,836 shares of the company’s stock worth $11,601,000 after buying an additional 1,672 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new position in Trane Technologies in the 3rd quarter valued at $6,571,000. Nordea Investment Management AB raised its holdings in Trane Technologies by 2.4% during the third quarter. Nordea Investment Management AB now owns 2,513,508 shares of the company’s stock worth $1,051,049,000 after purchasing an additional 57,774 shares in the last quarter. Boston Common Asset Management LLC purchased a new position in shares of Trane Technologies during the 3rd quarter worth approximately $9,546,000. Finally, Compass Wealth Management LLC raised its position in Trane Technologies by 3,785.4% in the third quarter. Compass Wealth Management LLC now owns 27,198 shares of the company’s stock worth $11,476,000 after acquiring an additional 26,498 shares in the last quarter. Hedge funds and other institutional investors own 82.97% of the company’s stock.

Trending Headlines about Trane Technologies

Here are the key news stories impacting Trane Technologies this week:

• Positive Sentiment: Q4 results: TT reported better-than-expected Q4 revenue and adjusted EPS, highlighted record bookings and a growing backlog that management says provides strong visibility into 2026. This is the main fundamental driver behind today’s bullish analyst moves. BusinessWire: Q4 Results
• Positive Sentiment: Citigroup raised its price target to $525 with a Buy rating (largest implied upside among brokers noted), signalling strong buy-side conviction following the quarter. Benzinga: Citi PT Raise
• Positive Sentiment: Barclays lifted its target to $507 and kept an Overweight call, another bullish endorsement supporting upside potential. Benzinga: Barclays PT Raise
• Positive Sentiment: Oppenheimer bumped its target to $468 and maintained an Outperform view, reinforcing the upgrade momentum from sell‑side analysts. Benzinga: Oppenheimer PT Raise
• Neutral Sentiment: Guidance: TT updated FY‑2026 guidance to EPS 14.65–14.85 (roughly in line with consensus) and raised revenue guidance to ~$23.1–23.4B (slightly above consensus) — supportive but not a large surprise. TT FY2026 Guidance
• Neutral Sentiment: RBC raised its target to $470 but kept a “sector perform” rating — a modest endorsement that’s positive for price targets but not a clear buy signal. Benzinga: RBC PT Raise
• Neutral Sentiment: JPMorgan increased its target to $460 but kept a Neutral rating, signaling respect for the quarter without upgrading conviction. Benzinga: JPM PT Raise
• Negative Sentiment: Wells Fargo moved its target to $400 and retained an Underweight call, the notable bearish voice among brokers and a likely contributor to intraday selling pressure. Benzinga: Wells Fargo Call

About Trane Technologies

Trane Technologies (NYSE: TT) is a global climate solutions company focused on heating, ventilation and air conditioning (HVAC) and transport refrigeration systems. The company develops, manufactures and sells a broad range of climate-control products under well-known brands, including commercial and residential HVAC equipment, building management systems and controls, and transport refrigeration units. Its product portfolio spans rooftop and packaged units, chillers, furnaces, air handlers, compressors, and related components designed for commercial buildings, industrial facilities, residences and transportation applications.

In addition to equipment, Trane Technologies provides lifecycle services that include installation, maintenance, parts, retrofit and aftermarket support, as well as digital and controls solutions for building performance and energy management.