Q3 EPS Forecast for Trane Technologies Decreased by Analyst

Trane Technologies plc (NYSE:TT - Free Report) - Equities research analysts at Zacks Research reduced their Q3 2025 earnings per share (EPS) estimates for shares of Trane Technologies in a report issued on Wednesday, May 21st. Zacks Research analyst R. Department now anticipates that the company will post earnings of $3.76 per share for the quarter, down from their previous estimate of $3.89. The consensus estimate for Trane Technologies' current full-year earnings is $12.83 per share. Zacks Research also issued estimates for Trane Technologies' Q4 2025 earnings at $2.86 EPS, Q1 2026 earnings at $2.46 EPS, Q2 2026 earnings at $3.99 EPS, Q3 2026 earnings at $4.08 EPS, Q4 2026 earnings at $3.25 EPS and FY2026 earnings at $13.79 EPS.

A number of other equities analysts have also issued reports on the stock. Wells Fargo & Company boosted their target price on shares of Trane Technologies from $330.00 to $370.00 and gave the stock an "underweight" rating in a research report on Thursday, May 1st. Barclays dropped their target price on shares of Trane Technologies from $500.00 to $475.00 and set an "overweight" rating on the stock in a research report on Monday, March 10th. HSBC raised shares of Trane Technologies from a "hold" rating to a "buy" rating and boosted their target price for the stock from $405.00 to $415.00 in a research report on Friday, April 25th. JPMorgan Chase & Co. boosted their price target on shares of Trane Technologies from $334.00 to $400.00 and gave the company a "neutral" rating in a report on Friday, May 16th. Finally, UBS Group boosted their price target on shares of Trane Technologies from $470.00 to $500.00 and gave the company a "buy" rating in a report on Thursday, May 22nd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $427.47.

Trane Technologies Stock Performance

TT stock traded down $0.36 on Monday, reaching $432.58. 404,211 shares of the company were exchanged, compared to its average volume of 1,582,869. Trane Technologies has a 12 month low of $298.15 and a 12 month high of $436.61. The stock's fifty day moving average price is $371.20 and its 200 day moving average price is $375.78. The firm has a market capitalization of $96.47 billion, a PE ratio of 38.45, a PEG ratio of 2.50 and a beta of 1.14. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.21 and a quick ratio of 0.88.

Trane Technologies (NYSE:TT - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $2.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.20 by $0.25. Trane Technologies had a net margin of 12.94% and a return on equity of 35.37%. The business had revenue of $4.69 billion for the quarter, compared to analyst estimates of $4.46 billion. During the same quarter in the previous year, the firm posted $1.94 earnings per share. Trane Technologies's revenue was up 11.2% compared to the same quarter last year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in TT. Brighton Jones LLC lifted its position in Trane Technologies by 60.0% during the 4th quarter. Brighton Jones LLC now owns 6,194 shares of the company's stock worth $2,288,000 after buying an additional 2,323 shares in the last quarter. RFG Advisory LLC lifted its position in Trane Technologies by 24.1% during the 4th quarter. RFG Advisory LLC now owns 763 shares of the company's stock worth $282,000 after buying an additional 148 shares in the last quarter. Sound Income Strategies LLC lifted its position in Trane Technologies by 1,314.3% during the 4th quarter. Sound Income Strategies LLC now owns 99 shares of the company's stock worth $37,000 after buying an additional 92 shares in the last quarter. CX Institutional lifted its position in Trane Technologies by 2.9% during the 4th quarter. CX Institutional now owns 1,330 shares of the company's stock worth $491,000 after buying an additional 38 shares in the last quarter. Finally, Gradient Investments LLC lifted its position in Trane Technologies by 78.4% during the 4th quarter. Gradient Investments LLC now owns 3,609 shares of the company's stock worth $1,333,000 after buying an additional 1,586 shares in the last quarter. Institutional investors and hedge funds own 82.97% of the company's stock.

Insider Transactions at Trane Technologies

In other news, insider Donald E. Simmons sold 3,571 shares of the company's stock in a transaction dated Wednesday, April 30th. The shares were sold at an average price of $380.00, for a total value of $1,356,980.00. Following the sale, the insider now owns 3,593 shares of the company's stock, valued at approximately $1,365,340. This represents a 49.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.38% of the stock is owned by insiders.

Trane Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 6th will be issued a $0.94 dividend. This represents a $3.76 annualized dividend and a dividend yield of 0.87%. The ex-dividend date of this dividend is Friday, June 6th. Trane Technologies's payout ratio is 31.28%.

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.