Trane Technologies plc $TT Shares Sold by Robeco Schweiz AG

Key Points

• Robeco Schweiz AG reduced its Trane Technologies stake by 3.9% in the third quarter, selling 6,872 shares and retaining 169,032 shares worth approximately $76.4 million. Institutional investors collectively own 82.97% of the company.
• Trane Technologies reported quarterly EPS of $4.31 and revenue of $6.35 billion, exceeding analyst estimates, while revenue increased 10.6% year over year. The company provided fiscal 2026 EPS guidance of $15.20–$15.30.
• The company declared a quarterly dividend of $1.05 per share, equivalent to $4.20 annually and a 0.9% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $539.42.

Robeco Schweiz AG lowered its holdings in Trane Technologies plc (NYSE:TT - Free Report) by 3.9% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 169,032 shares of the company's stock after selling 6,872 shares during the period. Trane Technologies makes up 1.4% of Robeco Schweiz AG's holdings, making the stock its 22nd biggest holding. Robeco Schweiz AG owned approximately 0.08% of Trane Technologies worth $76,399,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Signaturefd LLC increased its holdings in Trane Technologies by 13.6% during the 3rd quarter. Signaturefd LLC now owns 12,114 shares of the company's stock worth $5,475,000 after purchasing an additional 1,448 shares during the period. Citizens Financial Group Inc. RI boosted its stake in shares of Trane Technologies by 20.5% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 5,385 shares of the company's stock valued at $2,434,000 after buying an additional 916 shares during the period. Simplicity Wealth LLC grew its position in shares of Trane Technologies by 31.9% during the third quarter. Simplicity Wealth LLC now owns 5,898 shares of the company's stock worth $2,666,000 after buying an additional 1,425 shares in the last quarter. Sowell Financial Services LLC grew its position in shares of Trane Technologies by 4.3% during the third quarter. Sowell Financial Services LLC now owns 3,151 shares of the company's stock worth $1,424,000 after buying an additional 129 shares in the last quarter. Finally, Gibbs Wealth Management increased its stake in shares of Trane Technologies by 47.0% during the third quarter. Gibbs Wealth Management now owns 2,142 shares of the company's stock worth $968,000 after buying an additional 685 shares during the period. 82.97% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Trane Technologies

In other news, CEO David Regnery sold 48,091 shares of Trane Technologies stock in a transaction on Tuesday, October 6th. The shares were sold at an average price of $480.00, for a total value of $23,083,680.00. Following the transaction, the chief executive officer directly owned 96,951 shares of the company's stock, valued at $46,536,480. The trade was a 33.16% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is owned by insiders.

Trane Technologies Stock Down 0.8%

Trane Technologies stock opened at $445.43 on Friday. The company has a market capitalization of $98.00 billion, a P/E ratio of 33.74, a PEG ratio of 2.08 and a beta of 1.15. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.76 and a current ratio of 1.07. Trane Technologies plc has a fifty-two week low of $348.06 and a fifty-two week high of $505.87. The stock has a 50-day simple moving average of $452.34 and a 200-day simple moving average of $464.30.

Trane Technologies (NYSE:TT - Get Free Report) last released 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 firm had revenue of $6.35 billion for 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%. The firm's quarterly revenue was up 10.6% compared to the same quarter last year. During the same quarter last year, the business posted $3.88 EPS. Trane Technologies has set its FY 2026 guidance at 15.200-15.300 EPS. Equities research analysts expect that Trane Technologies plc will post 15.32 earnings per share for the current year.

Trane Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Friday, December 4th will be issued a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, December 4th. Trane Technologies's payout ratio is presently 31.82%.

Analyst Ratings Changes

TT has been the subject of a number of recent research reports. The Goldman Sachs Group upgraded shares of Trane Technologies from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $548.00 to $565.00 in a research note on Wednesday, October 14th. Robert W. Baird increased their price objective on shares of Trane Technologies from $515.00 to $532.00 and gave the company a "neutral" rating in a research report on Thursday, July 23rd. Evercore raised their price objective on shares of Trane Technologies from $560.00 to $565.00 and gave the company an "outperform" rating in a report on Friday, July 31st. Wall Street Zen cut shares of Trane Technologies from a "buy" rating to a "hold" rating in a research report on Sunday, August 30th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Trane Technologies in a research note on Friday, October 9th. They set an "overweight" rating and a $550.00 target price for the company. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $539.42.

Trane Technologies Profile

Trane Technologies plc is a global climate technology company that develops solutions for heating, ventilation, air conditioning, refrigeration and building management. Its products and services are designed to improve indoor comfort, energy efficiency and the sustainability of commercial, industrial, residential and institutional buildings.

The company operates through well-known brands including Trane, Thermo King and Frigoblock. Trane provides HVAC equipment, building controls, digital solutions, maintenance and energy services, while Thermo King and Frigoblock offer temperature-control systems for refrigerated transportation.

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