Trane Technologies (NYSE:TT) Stock Price Expected to Rise, Oppenheimer Analyst Says

Trane Technologies (NYSE:TT) had its target price raised by stock analysts at Oppenheimer from $460.00 to $468.00 in a research report issued on Friday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Oppenheimer’s target price suggests a potential upside of 11.34% from the company’s previous close.

Other equities analysts also recently issued reports about the company. JPMorgan Chase & Co. upped their price target on Trane Technologies from $407.00 to $434.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 15th. Weiss Ratings restated a “buy (b)” rating on shares of Trane Technologies in a research note on Wednesday, January 21st. Melius Research upgraded Trane Technologies from a “hold” rating to a “buy” rating and set a $490.00 price target for the company in a research note on Wednesday, January 7th. UBS Group dropped their price target on Trane Technologies from $544.00 to $520.00 and set a “buy” rating on the stock in a research note on Monday, January 5th. Finally, Morgan Stanley cut their price objective on shares of Trane Technologies from $550.00 to $535.00 and set an “overweight” rating on the stock in a report on Tuesday, January 13th. 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 given a Sell rating to the company’s stock. According to MarketBeat.com, Trane Technologies has a consensus 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 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. The company has a 50-day simple moving average of $396.23 and a two-hundred day simple moving average of $414.80. Trane Technologies has a one year low of $298.15 and a one year high of $476.18. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.84 and a current ratio of 1.25.

Trane Technologies (NYSE:TT) last released its quarterly earnings results on Thursday, January 29th. The company reported $2.86 earnings per share for the quarter, beating analysts’ consensus estimates of $2.81 by $0.05. The business had revenue of $5.14 billion for the quarter, compared to analysts’ expectations of $5.09 billion. Trane Technologies had a net margin of 13.69% and a return on equity of 36.34%. The company’s revenue was up 5.6% compared to the same quarter last year. During the same period last year, the business earned $2.61 EPS. Research analysts expect that Trane Technologies will post 12.83 EPS for the current fiscal year.

Institutional Investors Weigh In On Trane Technologies

A number of institutional investors and hedge funds have recently modified their holdings of the company. Secured Retirement Advisors LLC raised its position in Trane Technologies by 5.9% during the 4th quarter. Secured Retirement Advisors LLC now owns 3,477 shares of the company’s stock worth $1,353,000 after buying an additional 195 shares during the last quarter. Citizens Financial Group Inc. RI increased its stake in shares of Trane Technologies by 1.8% in the fourth quarter. Citizens Financial Group Inc. RI now owns 3,663 shares of the company’s stock worth $1,426,000 after acquiring an additional 65 shares during the period. Simplicity Wealth LLC raised its holdings in shares of Trane Technologies by 28.7% during the fourth quarter. Simplicity Wealth LLC now owns 614 shares of the company’s stock worth $239,000 after purchasing an additional 137 shares during the last quarter. Caldwell Trust Co lifted its position in Trane Technologies by 15.2% during the fourth quarter. Caldwell Trust Co now owns 5,862 shares of the company’s stock valued at $2,281,000 after purchasing an additional 773 shares during the period. Finally, Flossbach Von Storch SE boosted its holdings in Trane Technologies by 108.3% in the fourth quarter. Flossbach Von Storch SE now owns 25,000 shares of the company’s stock valued at $9,730,000 after purchasing an additional 13,000 shares during the last quarter. Institutional investors and hedge funds own 82.97% of the company’s stock.

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.