Key Points
- CEO David Regnery sold 43,778 Trane Technologies shares at an average price of $475, generating approximately $20.8 million. The transaction, conducted under a Rule 10b5-1 plan, reduced his stake by 31.11%.
- Trane Technologies reported quarterly EPS of $4.31, exceeding estimates of $4.27, while revenue reached $6.35 billion and grew 10.6% year over year. The company reaffirmed fiscal 2026 EPS guidance of $15.20–$15.30.
- Analysts maintain a generally positive view, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $520.07. The company also declared a quarterly dividend of $1.05 per share, representing a 0.9% yield.
Trane Technologies plc (NYSE:TT - Get Free Report) CEO David Regnery sold 43,778 shares of the business's stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $475.00, for a total transaction of $20,794,550.00. Following the transaction, the chief executive officer owned 96,950 shares of the company's stock, valued at approximately $46,051,250. The trade was a 31.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Trane Technologies Stock Performance
NYSE:TT opened at $479.28 on Friday. Trane Technologies plc has a 12 month low of $348.06 and a 12 month high of $505.87. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.07 and a quick ratio of 0.76. The firm has a market capitalization of $105.45 billion, a PE ratio of 36.31, a price-to-earnings-growth ratio of 2.13 and a beta of 1.19. The business's fifty day moving average price is $472.46 and its 200 day moving average price is $455.51.
Trane Technologies (NYSE:TT - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported $4.31 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.27 by $0.04. The company had revenue of $6.35 billion during the quarter, compared to the consensus estimate of $6.20 billion. Trane Technologies had a return on equity of 35.72% and a net margin of 13.28%.Trane Technologies's revenue for the quarter was up 10.6% on a year-over-year basis. During the same period in the previous year, the business earned $3.88 EPS. Trane Technologies has set its FY 2026 guidance at 15.200-15.300 EPS. On average, sell-side analysts anticipate that Trane Technologies plc will post 15.27 earnings per share for the current fiscal year.
Trane Technologies Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, September 4th will be given a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, September 4th. Trane Technologies's dividend payout ratio (DPR) is 31.82%.
Analyst Ratings Changes
A number of equities analysts recently issued reports on the company. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Trane Technologies in a report on Friday, July 17th. Citigroup cut their price objective on shares of Trane Technologies from $570.00 to $566.00 and set a "buy" rating on the stock in a report on Friday, July 31st. Wall Street Zen upgraded shares of Trane Technologies from a "hold" rating to a "buy" rating in a research report on Saturday, August 1st. BNP Paribas Exane began coverage on shares of Trane Technologies in a report on Tuesday, April 14th. They issued an "outperform" rating and a $550.00 target price for the company. Finally, Royal Bank Of Canada dropped their target price on shares of Trane Technologies from $501.00 to $496.00 and set a "sector perform" rating on the stock in a research report on Friday, July 31st. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $520.07.
Read Our Latest Analysis on TT
Institutional Trading of Trane Technologies
Large investors have recently made changes to their positions in the company. Tucker Asset Management LLC acquired a new position in Trane Technologies during the fourth quarter worth approximately $25,000. Wilkerson Advisory Group LLC lifted its stake in Trane Technologies by 136.0% in the first quarter. Wilkerson Advisory Group LLC now owns 59 shares of the company's stock valued at $25,000 after buying an additional 34 shares during the last quarter. Hilton Head Capital Partners LLC acquired a new stake in shares of Trane Technologies in the fourth quarter valued at approximately $32,000. Elevation Wealth Partners LLC grew its position in shares of Trane Technologies by 153.8% during the second quarter. Elevation Wealth Partners LLC now owns 66 shares of the company's stock worth $32,000 after acquiring an additional 40 shares during the last quarter. Finally, JPL Wealth Management LLC purchased a new position in shares of Trane Technologies during the third quarter worth approximately $32,000. 82.97% of the stock is owned by institutional investors and hedge funds.
About Trane Technologies
(
Get Free Report)
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.
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