FSA Advisors Inc. Invests $6.59 Million in Trane Technologies plc $TT

Key Points

• FSA Advisors bought a new position of 16,927 shares in Trane Technologies (NYSE:TT) valued at about $6.59 million, representing roughly 1.1% of its portfolio and its 20th largest holding.
• Trane reported strong Q1 results, beating estimates with adjusted EPS of $2.63 on $4.97B revenue, and raised FY‑2026 guidance to $14.75–14.95 EPS while citing ~24% bookings growth and a record backlog of about $10.7B.
• Multiple analysts raised price targets (Barclays $585, Citi $570, KeyCorp $555), contributing to a consensus target of $505.56, and institutional investors now own about 82.97% of the stock.

FSA Advisors Inc. bought a new position in shares of Trane Technologies plc (NYSE:TT - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 16,927 shares of the company's stock, valued at approximately $6,588,000. Trane Technologies makes up approximately 1.1% of FSA Advisors Inc.'s portfolio, making the stock its 20th largest position.

Several other hedge funds and other institutional investors have also made changes to their positions in TT. JPMorgan Chase & Co. raised its position 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. Corient Private Wealth LLC raised its position 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 acquiring an additional 423,090 shares in the last quarter. SG Americas Securities LLC raised its position in shares of Trane Technologies by 13,460.8% during the 4th quarter. SG Americas Securities LLC now owns 423,504 shares of the company's stock worth $164,828,000 after acquiring an additional 420,381 shares in the last quarter. Credit Agricole S A acquired a new stake in shares of Trane Technologies during the 3rd quarter worth about $118,129,000. Finally, Danske Bank A S acquired a new position in Trane Technologies during the third quarter worth approximately $88,959,000. Institutional investors and hedge funds own 82.97% of the company's stock.

Key Headlines Impacting Trane Technologies

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

• Positive Sentiment: Q1 beat and raised full‑year guidance — Trane reported adjusted EPS of $2.63 and revenue of $4.97B, topped estimates and raised FY‑2026 EPS guidance to $14.75–14.95 and revenue guidance above prior expectations. Business Wire: Q1 Results & Guidance
• Positive Sentiment: Strong bookings and record backlog — Bookings rose ~24% (GAAP bookings $6.69B) and backlog hit a record ~$10.7B, supporting the higher outlook. Zacks: Bookings & Backlog
• Positive Sentiment: Barclays raised its target to $585 and kept an overweight rating — a sizeable upgrade that implies meaningful upside. Benzinga: Barclays Raise
• Positive Sentiment: Citigroup raised its target to $570 and reiterated a buy rating — another influential firm boosting expectations. Benzinga: Citi Raise
• Positive Sentiment: KeyCorp and RBC also lifted targets (KeyCorp to $555, RBC to $501), adding to the cluster of analyst support. Benzinga: KeyCorp & RBC Raises
• Neutral Sentiment: Earnings call materials and slide deck available for deeper read — useful for investors assessing margin drivers and backlog conversion timing. Seeking Alpha: Q1 Presentation
• Negative Sentiment: Relative underperformance vs. peers noted — one note flagged that TT underperformed competitors on the day despite gains, which could reflect sector rotation or profit‑taking after the rally. MarketWatch: Relative Underperformance

Insider Buying and Selling

In other Trane Technologies news, insider Donald E. Simmons sold 4,593 shares of Trane Technologies stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $500.00, for a total value of $2,296,500.00. Following the transaction, the insider directly owned 3,819 shares in the company, valued at approximately $1,909,500. This trade represents a 54.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO David S. Regnery sold 36,045 shares of Trane Technologies stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $422.69, for a total value of $15,235,861.05. Following the completion of the transaction, the chief executive officer owned 96,948 shares in the company, valued at $40,978,950.12. This trade represents a 27.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 62,590 shares of company stock valued at $27,403,514. Company insiders own 0.14% of the company's stock.

Analysts Set New Price Targets

Several research firms have commented on TT. Morgan Stanley cut their price target on Trane Technologies from $550.00 to $535.00 and set an "overweight" rating on the stock in a research report on Tuesday, January 13th. KeyCorp lifted their price target on Trane Technologies from $525.00 to $555.00 and gave the stock an "overweight" rating in a research report on Friday. Wells Fargo & Company lifted their price target on Trane Technologies from $375.00 to $400.00 and gave the stock an "underweight" rating in a research report on Friday, January 30th. Citigroup lifted their price target on Trane Technologies from $525.00 to $570.00 and gave the stock a "buy" rating in a research report on Friday. Finally, Evercore began coverage on Trane Technologies in a research report on Monday, April 13th. They set an "outperform" rating and a $535.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, Trane Technologies currently has an average rating of "Moderate Buy" and a consensus price target of $505.56.

Trane Technologies Trading Up 0.1%

TT opened at $486.73 on Monday. The business's 50 day moving average is $447.39 and its two-hundred day moving average is $425.43. Trane Technologies plc has a 52 week low of $348.06 and a 52 week high of $503.47. The firm has a market cap of $107.62 billion, a price-to-earnings ratio of 37.64, a price-to-earnings-growth ratio of 2.56 and a beta of 1.25. The company has a quick ratio of 0.77, a current ratio of 1.10 and a debt-to-equity ratio of 0.46.

Trane Technologies (NYSE:TT - Get Free Report) last announced its earnings results on Thursday, April 30th. The company reported $2.63 earnings per share for the quarter, beating the consensus estimate of $2.53 by $0.10. Trane Technologies had a return on equity of 35.55% and a net margin of 13.41%.The company had revenue of $4.97 billion for the quarter, compared to the consensus estimate of $4.81 billion. During the same period last year, the business posted $2.45 EPS. The company's revenue was up 6.0% on a year-over-year basis. Trane Technologies has set its FY 2026 guidance at 14.750-14.950 EPS. On average, research analysts predict that Trane Technologies plc will post 14.76 EPS for the current year.

Trane Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, June 5th will be paid a $1.05 dividend. This represents a $4.20 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, June 5th. Trane Technologies's dividend payout ratio (DPR) is 32.48%.

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.

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