Trane Technologies (NYSE:TT) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Trane Technologies (NYSE:TT) had its target price hoisted by analysts at JPMorgan Chase & Co. from $434.00 to $460.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 9.44% from the company’s current price.

TT has been the subject of a number of other reports. Citigroup upped their price target on Trane Technologies from $494.00 to $513.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Wells Fargo & Company upped their target price on shares of Trane Technologies from $375.00 to $400.00 and gave the company an “underweight” rating in a research note on Friday. Royal Bank Of Canada increased their target price on shares of Trane Technologies from $469.00 to $470.00 and gave the stock a “sector perform” rating in a report on Friday. UBS Group decreased their price target on shares of Trane Technologies from $544.00 to $520.00 and set a “buy” rating for the company in a report on Monday, January 5th. Finally, Melius Research raised Trane Technologies from a “hold” rating to a “buy” rating and set a $490.00 price objective on the stock in a research note on Wednesday, January 7th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $484.67.

Trane Technologies Stock Performance

Shares of Trane Technologies stock opened at $420.34 on Friday. The firm has a fifty day moving average of $396.23 and a two-hundred day moving average of $414.80. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.84 and a current ratio of 1.25. The stock has a market capitalization of $93.21 billion, a price-to-earnings ratio of 32.38, a PEG ratio of 2.14 and a beta of 1.21. Trane Technologies has a 52 week low of $298.15 and a 52 week high of $476.18.

Trane Technologies (NYSE:TT) last announced its quarterly earnings data on Thursday, January 29th. The company reported $2.86 EPS for the quarter, topping analysts’ consensus estimates of $2.81 by $0.05. Trane Technologies had a return on equity of 36.34% and a net margin of 13.69%.The business had revenue of $5.14 billion during the quarter, compared to analysts’ expectations of $5.09 billion. During the same period in the previous year, the firm earned $2.61 earnings per share. The firm’s quarterly revenue was up 5.6% compared to the same quarter last year. As a group, equities research analysts predict that Trane Technologies will post 12.83 EPS for the current year.

Institutional Trading of Trane Technologies

A number of institutional investors have recently modified their holdings of TT. Vanguard Group Inc. raised its position in Trane Technologies by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 20,020,321 shares of the company’s stock valued at $7,791,909,000 after buying an additional 192,270 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Trane Technologies by 10.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 15,525,010 shares of the company’s stock worth $6,550,975,000 after acquiring an additional 1,433,563 shares in the last quarter. State Street Corp raised its holdings in shares of Trane Technologies by 0.3% in the second quarter. State Street Corp now owns 10,077,267 shares of the company’s stock valued at $4,407,904,000 after purchasing an additional 31,826 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Trane Technologies by 1.1% in the second quarter. Geode Capital Management LLC now owns 4,973,217 shares of the company’s stock worth $2,164,764,000 after purchasing an additional 56,293 shares in the last quarter. Finally, Norges Bank acquired a new position in Trane Technologies during the second quarter worth $1,356,065,000. 82.97% of the stock is currently owned by institutional investors.

Trane Technologies News Roundup

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

Trane Technologies Company Profile

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.