Trane Technologies (NYSE:TT) Updates FY 2025 Earnings Guidance

Key Points

• Trane Technologies has updated its FY 2025 earnings guidance, forecasting an EPS of $13.05 and revenue of $21.6 billion, both exceeding consensus estimates.
• The stock currently holds a consensus rating of "Moderate Buy" with an average price target of $441.40, following various price target increases by analysts.
• A recent quarterly dividend of $0.94 will be paid to stockholders, representing an annualized dividend yield of 0.80%.

Trane Technologies (NYSE:TT - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 13.050-13.050 for the period, compared to the consensus estimate of 12.932. The company issued revenue guidance of $21.6 billion-$21.6 billion, compared to the consensus revenue estimate of $21.5 billion.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on TT. Morgan Stanley boosted their price objective on shares of Trane Technologies from $445.00 to $520.00 and gave the company an "overweight" rating in a research report on Thursday. The Goldman Sachs Group boosted their price objective 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. Robert W. Baird boosted their price objective 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. Hsbc Global Res raised shares of Trane Technologies from a "hold" rating to a "strong-buy" rating in a research report on Friday, April 25th. Finally, Stephens upgraded 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. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Trane Technologies presently has a consensus rating of "Hold" and an average target price of $455.67.

Trane Technologies Stock Performance

Shares of Trane Technologies stock traded up $6.84 on Thursday, reaching $438.28. The stock had a trading volume of 2,244,831 shares, compared to its average volume of 1,203,927. The business's 50-day moving average price is $435.26 and its two-hundred day moving average price is $388.22. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.74 and a current ratio of 1.10. Trane Technologies has a fifty-two week low of $298.15 and a fifty-two week high of $476.18. The stock has a market cap of $97.74 billion, a P/E ratio of 34.76, a price-to-earnings-growth ratio of 2.78 and a beta of 1.15.

Trane Technologies (NYSE:TT - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $3.88 earnings per share for the quarter, topping analysts' consensus estimates of $3.79 by $0.09. The business had revenue of $5.75 billion during the quarter, compared to analysts' expectations of $5.77 billion. Trane Technologies had a net margin of 13.76% and a return on equity of 36.61%. Trane Technologies's revenue for the quarter was up 7.6% on a year-over-year basis. During the same period in the previous year, the company earned $3.30 earnings per share. On average, sell-side analysts forecast that Trane Technologies will post 12.83 EPS for the current year.

Trane Technologies Announces Dividend

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

Institutional Investors Weigh In On Trane Technologies

An institutional investor recently raised its position in Trane Technologies stock. Brighton Jones LLC lifted its position in Trane Technologies plc (NYSE:TT - Free Report) by 60.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 6,194 shares of the company's stock after purchasing an additional 2,323 shares during the quarter. Brighton Jones LLC's holdings in Trane Technologies were worth $2,288,000 at the end of the most recent reporting period. Institutional investors and hedge funds 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.