Equities Analysts Offer Predictions for TT FY2025 Earnings

Key Points

• Analysts at Zacks Research have increased Trane Technologies' FY2025 earnings per share estimate from $12.77 to $13.05, indicating positive growth expectations for the company.
• Multiple investment firms have raised their price targets for Trane Technologies, with Morgan Stanley setting the highest target at $520.00 and categorizing the stock as "overweight."
• The company declared a quarterly dividend of $0.94, yielding approximately 0.9%, reflecting a dividend payout ratio of 29.82% for investors holding the stock as of September 5th.

Trane Technologies plc (NYSE:TT - Free Report) - Equities researchers at Zacks Research upped their FY2025 earnings estimates for Trane Technologies in a research report issued on Wednesday, August 20th. Zacks Research analyst Team now expects that the company will post earnings per share of $13.05 for the year, up from their prior estimate of $12.77. The consensus estimate for Trane Technologies' current full-year earnings is $12.83 per share. Zacks Research also issued estimates for Trane Technologies' Q1 2026 earnings at $2.50 EPS, Q1 2027 earnings at $2.81 EPS and FY2027 earnings at $15.48 EPS.

Trane Technologies (NYSE:TT - Get Free Report) last announced its earnings results on Wednesday, July 30th. The company reported $3.88 earnings per share for the quarter, beating analysts' consensus estimates of $3.79 by $0.09. Trane Technologies had a net margin of 13.76% and a return on equity of 36.61%. The business had revenue of $5.75 billion during the quarter, compared to the consensus estimate of $5.77 billion. During the same quarter last year, the firm earned $3.30 earnings per share. The business's revenue for the quarter was up 7.6% on a year-over-year basis. Trane Technologies has set its FY 2025 guidance at 13.050-13.050 EPS.

TT has been the subject of a number of other research reports. Stephens raised shares of Trane Technologies from an "equal weight" rating to an "overweight" rating and set a $475.00 target price for the company in a research note on Thursday, May 1st. Wells Fargo & Company raised their price target on shares of Trane Technologies from $370.00 to $410.00 and gave the company an "underweight" rating in a research report on Tuesday, July 1st. Robert W. Baird raised their price target on shares of Trane Technologies from $396.00 to $450.00 and gave the company a "neutral" rating in a research report on Thursday, July 17th. Northcoast Research downgraded shares of Trane Technologies from a "buy" rating to a "neutral" rating in a research report on Friday, August 1st. Finally, The Goldman Sachs Group raised their price target on shares of Trane Technologies from $416.00 to $460.00 and gave the company a "neutral" rating in a research report on Tuesday, July 8th. Five research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Trane Technologies has an average rating of "Hold" and a consensus target price of $458.60.

Trane Technologies Stock Up 0.4%

Shares of NYSE TT traded up $1.6490 on Friday, reaching $423.9190. 1,010,344 shares of the company's stock traded hands, compared to its average volume of 1,297,816. Trane Technologies has a 12 month low of $298.15 and a 12 month high of $476.18. The business's 50 day simple moving average is $435.64 and its two-hundred day simple moving average is $394.22. The company has a market cap of $94.33 billion, a price-to-earnings ratio of 33.62, a price-to-earnings-growth ratio of 2.64 and a beta of 1.09. The company has a quick ratio of 0.76, a current ratio of 1.10 and a debt-to-equity ratio of 0.50.

Trane Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, September 5th will be given a $0.94 dividend. This represents a $3.76 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Friday, September 5th. Trane Technologies's payout ratio is 29.82%.

Institutional Investors Weigh In On Trane Technologies

A number of large investors have recently added to or reduced their stakes in TT. CWA Asset Management Group LLC lifted its position in Trane Technologies by 19.2% during the first quarter. CWA Asset Management Group LLC now owns 1,135 shares of the company's stock valued at $382,000 after purchasing an additional 183 shares in the last quarter. Ethic Inc. lifted its position in Trane Technologies by 150.1% during the fourth quarter. Ethic Inc. now owns 24,883 shares of the company's stock valued at $9,190,000 after purchasing an additional 14,932 shares in the last quarter. Brighton Jones LLC lifted its position in Trane Technologies by 60.0% during the fourth quarter. Brighton Jones LLC now owns 6,194 shares of the company's stock valued at $2,288,000 after purchasing an additional 2,323 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its position in Trane Technologies by 495.5% during the first quarter. Oppenheimer Asset Management Inc. now owns 4,252 shares of the company's stock valued at $1,433,000 after purchasing an additional 3,538 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its position in Trane Technologies by 13.4% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 10,141 shares of the company's stock valued at $3,417,000 after purchasing an additional 1,198 shares in the last quarter. Institutional investors own 82.97% of the company's stock.

Trane Technologies Company Profile

Trane Technologies plc, together with its subsidiaries, designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, custom, and custom and transport refrigeration in Ireland and internationally. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps, auxiliary power units; chillers; coils and condensers; gensets; dehumidifiers; ductless; furnaces; home automation products; humidifiers; indoor air quality assessments and related products; large and light commercial unitary products; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps.