Zacks Research Issues Pessimistic Forecast for TT Earnings

Trane Technologies plc (NYSE:TT - Free Report) - Equities research analysts at Zacks Research cut their Q3 2025 earnings per share estimates for shares of Trane Technologies in a report released on Wednesday, May 21st. Zacks Research analyst R. Department now anticipates that the company will post earnings per share of $3.76 for the quarter, down from their prior 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 research analysts have also weighed in on the stock. Royal Bank of Canada raised their target price on shares of Trane Technologies from $363.00 to $408.00 and gave the stock a "sector perform" rating in a research note on Thursday, May 1st. UBS Group upped their price objective on Trane Technologies from $470.00 to $500.00 and gave the stock a "buy" rating in a research report on Thursday, May 22nd. JPMorgan Chase & Co. increased their target price on Trane Technologies from $334.00 to $400.00 and gave the company a "neutral" rating in a report on Friday, May 16th. Wells Fargo & Company lifted their price target on shares of Trane Technologies from $330.00 to $370.00 and gave the stock an "underweight" rating in a research note on Thursday, May 1st. Finally, Hsbc Global Res upgraded shares of Trane Technologies from a "hold" rating to a "strong-buy" rating in a research report on Friday, April 25th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $427.47.

Trane Technologies Stock Performance

Shares of TT traded down $0.59 during trading hours on Monday, hitting $431.70. The stock had a trading volume of 192,730 shares, compared to its average volume of 1,573,632. Trane Technologies has a fifty-two week low of $298.15 and a fifty-two week high of $436.61. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.88 and a current ratio of 1.21. The firm has a market capitalization of $96.28 billion, a price-to-earnings ratio of 38.35, a PEG ratio of 2.50 and a beta of 1.14. The firm has a 50-day moving average price of $372.67 and a 200 day moving average price of $375.90.

Trane Technologies (NYSE:TT - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The company reported $2.45 earnings per share for the quarter, beating 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 analysts' expectations of $4.46 billion. During the same period last year, the business earned $1.94 EPS. The company's revenue was up 11.2% compared to the same quarter last year.

Trane Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 6th will be given a dividend of $0.94 per share. The ex-dividend date is Friday, June 6th. This represents a $3.76 annualized dividend and a yield of 0.87%. Trane Technologies's dividend payout ratio (DPR) is presently 31.28%.

Insider Buying and Selling at Trane Technologies

In other news, insider Donald E. Simmons sold 3,571 shares of the stock in a transaction on Wednesday, April 30th. The stock was sold at an average price of $380.00, for a total value of $1,356,980.00. Following the completion of the transaction, the insider now directly owns 3,593 shares in the company, valued at approximately $1,365,340. This represents a 49.85% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.38% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Brighton Jones LLC lifted its holdings 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 purchasing an additional 2,323 shares in the last quarter. RFG Advisory LLC lifted its position in shares of Trane Technologies by 24.1% in the 4th quarter. RFG Advisory LLC now owns 763 shares of the company's stock worth $282,000 after purchasing an additional 148 shares during the period. Sound Income Strategies LLC grew its stake in Trane Technologies by 1,314.3% in the fourth quarter. Sound Income Strategies LLC now owns 99 shares of the company's stock worth $37,000 after purchasing an additional 92 shares during the period. CX Institutional lifted its holdings in shares of Trane Technologies by 2.9% during the fourth quarter. CX Institutional now owns 1,330 shares of the company's stock valued at $491,000 after purchasing an additional 38 shares during the last quarter. Finally, Gradient Investments LLC boosted its stake in Trane Technologies by 78.4% in the 4th quarter. Gradient Investments LLC now owns 3,609 shares of the company's stock worth $1,333,000 after purchasing an additional 1,586 shares in the last quarter. Institutional investors own 82.97% of the company's stock.

About Trane Technologies

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.