Zacks Research Issues Optimistic Outlook for TT Earnings

Key Points

• Zacks Research has increased its Q3 2025 earnings per share estimate for Trane Technologies from $3.76 to $3.81, indicating positive growth expectations.
• Trane Technologies reported a Q2 EPS of $3.88, exceeding analysts' estimates, with a year-over-year revenue increase of 7.6%.
• Several analysts have raised their price targets for Trane Technologies, with estimates ranging from $410 to $520, reflecting a consensus rating of "Hold."

Trane Technologies plc (NYSE:TT - Free Report) - Zacks Research upped their Q3 2025 EPS estimates for Trane Technologies in a note issued to investors on Wednesday, August 20th. Zacks Research analyst Team now anticipates that the company will post earnings of $3.81 per share for the quarter, up from their previous estimate of $3.76. 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 $2.91 EPS, Q2 2026 earnings at $4.02 EPS, Q3 2026 earnings at $4.10 EPS, Q4 2026 earnings at $3.33 EPS and FY2026 earnings at $13.95 EPS.

Trane Technologies (NYSE:TT - Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $5.75 billion for the quarter, compared to analyst estimates of $5.77 billion. During the same period in the previous year, the company earned $3.30 earnings per share. The business's quarterly revenue was up 7.6% compared to the same quarter last year. Trane Technologies has set its FY 2025 guidance at 13.050-13.050 EPS.

Several other research firms also recently weighed in on TT. Morgan Stanley upped their price target on shares of Trane Technologies from $445.00 to $520.00 and gave the stock an "overweight" rating in a research report on Thursday, July 31st. Stephens raised shares of Trane Technologies from an "equal weight" rating to an "overweight" rating and set a $475.00 price target for the company in a research note on Thursday, May 1st. Wells Fargo & Company increased their price target on shares of Trane Technologies from $370.00 to $410.00 and gave the company an "underweight" rating in a research note on Tuesday, July 1st. Northcoast Research downgraded shares of Trane Technologies from a "buy" rating to a "neutral" rating in a report on Friday, August 1st. Finally, Royal Bank Of Canada lifted their price objective on shares of Trane Technologies from $463.00 to $467.00 and gave the stock a "sector perform" rating in a research report on Thursday, July 31st. Five investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $458.60.

Trane Technologies Price Performance

Shares of Trane Technologies stock traded up $2.04 during trading hours on Monday, reaching $426.23. The stock had a trading volume of 389,045 shares, compared to its average volume of 1,442,188. The stock's 50 day moving average is $435.69 and its 200 day moving average is $395.09. The firm has a market capitalization of $94.84 billion, a PE ratio of 33.79, a PEG ratio of 2.66 and a beta of 1.09. Trane Technologies has a twelve month low of $298.15 and a twelve month high of $476.18. The company has a current ratio of 1.10, a quick ratio of 0.76 and a debt-to-equity ratio of 0.50.

Trane Technologies Announces Dividend

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. CWA Asset Management Group LLC increased its position in Trane Technologies by 19.2% during the 1st quarter. CWA Asset Management Group LLC now owns 1,135 shares of the company's stock valued at $382,000 after buying an additional 183 shares in the last quarter. Ethic Inc. grew its holdings in shares of Trane Technologies by 150.1% in the fourth quarter. Ethic Inc. now owns 24,883 shares of the company's stock worth $9,190,000 after acquiring an additional 14,932 shares during the period. Brighton Jones LLC grew its holdings in shares of Trane Technologies by 60.0% in the fourth quarter. Brighton Jones LLC now owns 6,194 shares of the company's stock worth $2,288,000 after acquiring an additional 2,323 shares during the period. Oppenheimer Asset Management Inc. grew its holdings in shares of Trane Technologies by 495.5% in the first quarter. Oppenheimer Asset Management Inc. now owns 4,252 shares of the company's stock worth $1,433,000 after acquiring an additional 3,538 shares during the period. Finally, Cambridge Investment Research Advisors Inc. grew its holdings 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 during the period. 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.