Atria Investments Inc Sells 2,085 Shares of Trane Technologies plc $TT

Atria Investments Inc decreased its position in Trane Technologies plc (NYSE:TT) by 5.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 36,451 shares of the company’s stock after selling 2,085 shares during the period. Atria Investments Inc’s holdings in Trane Technologies were worth $15,381,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Norges Bank purchased a new stake in shares of Trane Technologies during the 2nd quarter valued at $1,356,065,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its holdings in Trane Technologies by 229.3% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,752,551 shares of the company’s stock worth $766,583,000 after buying an additional 1,220,388 shares during the last quarter. Nordea Investment Management AB raised its position in Trane Technologies by 89.1% in the second quarter. Nordea Investment Management AB now owns 2,455,734 shares of the company’s stock worth $1,066,845,000 after acquiring an additional 1,157,405 shares during the period. ABN AMRO Bank N.V. purchased a new position in Trane Technologies in the second quarter valued at about $291,206,000. Finally, Corient Private Wealth LLC increased its stake in shares of Trane Technologies by 135.4% during the 2nd quarter. Corient Private Wealth LLC now owns 735,589 shares of the company’s stock worth $321,757,000 after purchasing an additional 423,090 shares during the last quarter. 82.97% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CAO Elizabeth A. Elwell sold 137 shares of the company’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $462.48, for a total transaction of $63,359.76. Following the completion of the transaction, the chief accounting officer owned 7,100 shares in the company, valued at $3,283,608. This represents a 1.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Donald E. Simmons sold 822 shares of the firm’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $462.57, for a total value of $380,232.54. Following the completion of the sale, the insider directly owned 3,819 shares of the company’s stock, valued at $1,766,554.83. The trade was a 17.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 8,936 shares of company stock worth $4,133,991. 0.14% of the stock is currently owned by company insiders.

Trane Technologies Stock Performance

Shares of TT stock opened at $472.37 on Thursday. The company has a market capitalization of $104.55 billion, a P/E ratio of 36.39, a PEG ratio of 2.43 and a beta of 1.21. Trane Technologies plc has a fifty-two week low of $298.15 and a fifty-two week high of $476.18. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.92 and a current ratio of 1.25. The stock has a 50 day moving average price of $401.52 and a two-hundred day moving average price of $414.57.

Trane Technologies (NYSE:TT) last issued its earnings results on Thursday, January 29th. The company reported $2.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.81 by $0.05. The firm 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 business’s revenue was up 5.6% on a year-over-year basis. During the same quarter last year, the business earned $2.61 earnings per share. Analysts expect that Trane Technologies plc will post 12.83 earnings per share for the current year.

Trane Technologies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 6th will be issued a dividend of $1.05 per share. The ex-dividend date is Friday, March 6th. This represents a $4.20 dividend on an annualized basis and a yield of 0.9%. This is a boost from Trane Technologies’s previous quarterly dividend of $0.94. Trane Technologies’s dividend payout ratio (DPR) is presently 32.36%.

Key Headlines Impacting Trane Technologies

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

• Positive Sentiment: Announced acquisition of LiquidStack to add high‑density liquid cooling for data centers — expands Trane’s exposure to generative AI and hyperscale computing demand, strengthening the company’s end‑to‑end thermal management roadmap and potential revenue/margin upside. Article Title
• Positive Sentiment: Positive investor/coverage piece highlighting bullish views on Trane’s prospects — can reinforce buy interest and support multiple expansion given TT’s exposure to HVAC, electrification and now data‑center cooling. This investor loves Trane Technologies
• Negative Sentiment: CEO David S. Regnery sold 5,588 shares at an average ~$462.60 (~$2.59M), reducing his holding by ~5.45% — a large-dollar insider sale that can be perceived negatively even though he remains a significant shareholder. SEC Filing
• Negative Sentiment: CFO Christopher J. Kuehn sold 2,389 shares at an average ~$462.70 (~$1.11M), a ~3.8% cut to his stake — meaningful insider liquidity from a senior officer. SEC Filing
• Negative Sentiment: Donald E. Simmons sold 822 shares at an average ~$462.57 (~$380k), a 17.7% reduction in his holding — size is smaller but the percentage cut is large. SEC Filing
• Negative Sentiment: CAO Elizabeth A. Elwell sold 137 shares at an average ~$462.48 (~$63k), a small reduction (~1.89%) in ownership. SEC Filing

Analyst Upgrades and Downgrades

TT has been the subject of several research reports. Citigroup increased their price objective on Trane Technologies from $513.00 to $525.00 and gave the company a “buy” rating in a report on Friday, January 30th. Barclays lifted their price objective on Trane Technologies from $505.00 to $507.00 and gave the stock an “overweight” rating in a report on Friday, January 30th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Trane Technologies in a report on Wednesday, January 21st. Bank of America raised shares of Trane Technologies from a “neutral” rating to a “buy” rating and boosted their price target for the company from $490.00 to $550.00 in a research report on Thursday, November 13th. Finally, UBS Group cut their price objective 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. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $484.67.

Trane Technologies 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.