Trane Technologies (TT) Stock Price, News & Analysis

Company Overview

Trane Technologies plc is a global climate-focused company that designs, manufactures and services solutions for heating, ventilation and air conditioning (HVAC), as well as transport refrigeration. Its offerings include commercial and residential HVAC systems, building controls, energy-efficiency solutions, aftermarket services and parts, and related building-management technologies.

The company also serves the transportation market through refrigeration and temperature-control systems for trucks, trailers, rail cars and other applications. Its principal brands include Trane, Thermo King and Frigoblock. These products and services are used in commercial buildings, homes, industrial facilities, data centers, healthcare settings, food distribution and other temperature-sensitive operations.

Trane Technologies was formed in 2020 when Ingersoll-Rand’s industrial businesses were separated from its climate-focused operations. The company is headquartered in Swords, Ireland, and serves customers through operations and distribution networks across North America, Europe, Asia and other international markets. Its shares trade on the New York Stock Exchange under the symbol TT.

Key Stats

• Today's Range: $420.44 to $429.08
• 50-Day Range: $439.38 to $487.34
• 52-Week Range: $348.06 to $505.87
• Volume: 1.07 million shs
• Average Volume: 1.38 million shs
• Market Capitalization: $93.69 billion
• P/E Ratio: 32.26
• Dividend Yield: 0.99%
• Price Target: $521.50
• Consensus Rating: Moderate Buy

Trane Technologies Stock Analysis - MarketRank™

Trane Technologies scored higher than 94% of companies evaluated by MarketBeat, and ranked 149th out of 667 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.0 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Trane Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 1 strong buy rating, 11 buy ratings, 2 hold ratings, and 1 sell rating.

Upside Potential

Trane Technologies has a consensus price target of $521.50, representing about 22.5% upside from its current price of $425.81.

Amount of Analyst Coverage

Trane Technologies has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 14.70%

Earnings Growth

Earnings for Trane Technologies are expected to grow by 14.70% in the coming year, from $15.31 to $17.56 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Trane Technologies is 32.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.01.

Price to Earnings Ratio vs. Sector

The P/E ratio of Trane Technologies is 32.26, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 25.59.

Price to Earnings Growth Ratio

Trane Technologies has a PEG Ratio of 2.11. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Trane Technologies has a P/B Ratio of 10.96. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.36% of the float of Trane Technologies has been sold short.

Short Interest Ratio / Days to Cover

Trane Technologies has a short interest ratio ("days to cover") of 3.07, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Trane Technologies has recently increased by 7.40%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Trane Technologies has a dividend yield of 0.95%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Trane Technologies has been increasing its dividend for 5 years.

Dividend Coverage

The dividend payout ratio of Trane Technologies is 31.82%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Trane Technologies will have a dividend payout ratio of 23.92% next year. This indicates that Trane Technologies will be able to sustain or increase its dividend.

News and Social Media

• Score: 4.1 / 5
• News Sentiment: 1.51

News Sentiment

Trane Technologies has a news sentiment score of 1.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for Trane Technologies this week, compared to 6 articles on an average week.

Search Interest

Only 13 people have searched for TT on MarketBeat in the last 30 days. This is a decrease of -28% compared to the previous 30 days.

MarketBeat Follows

19 people have added Trane Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 533% compared to the previous 30 days.

Company Ownership

• Score: 1.4 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Trane Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $20,794,550.00 in company stock.

Percentage Held by Insiders

0.43% of the stock of Trane Technologies is held by insiders.

Percentage Held by Institutions

82.97% of the stock of Trane Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 6/30 Dividend: 6/05/2026
• Ex-Dividend for 6/30 Dividend: 6/05/2026
• Dividend Payable: 6/30/2026
• Last Earnings: 7/30/2026
• Record date for 9/30 Dividend: 9/04/2026
• Ex-Dividend for 9/30 Dividend: 9/04/2026
• Today: 9/14/2026
• Morgan Stanley's 14th Annual Laguna Conference: 9/15/2026
• Dividend Payable: 9/30/2026
• Next Earnings (Estimated): 10/29/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: Building Products
• Sub-Industry: Building Products
• Current Symbol: NYSE:TT
• CIK: 1466258
• Web: www.tranetechnologies.com
• Phone: (531) 870-7400
• Fax: 201-573-3448
• Employees: 44,000
• Year Founded: 1885

Price Target and Rating

• Average Price Target for Trane Technologies: $521.50
• High Price Target: $585.00
• Low Price Target: $400.00
• Potential Upside/Downside: +22.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 15 Analysts

Profitability

• EPS (Trailing Twelve Months): $13.20
• Trailing P/E Ratio: 32.26
• Forward P/E Ratio: 27.81
• P/E Growth: 2.11
• Net Income: $2.92 billion
• Net Margins: 13.28%
• Pretax Margin: 16.80%
• Return on Equity: 35.72%
• Return on Assets: 13.65%

Debt

• Debt-to-Equity Ratio: 0.45
• Current Ratio: 1.07
• Quick Ratio: 0.76

Sales & Book Value

• Annual Sales: $21.32 billion
• Price / Sales: 4.39
• Cash Flow: $14.40 per share
• Price / Cash Flow: 29.57
• Book Value: $38.86 per share
• Price / Book: 10.96

Miscellaneous

• Outstanding Shares: 220,020,000
• Free Float: 219,077,000
• Market Cap: $93.69 billion
• Optionable: Optionable
• Beta: 1.19