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NYSE:TT

Trane Technologies (TT) Stock Price, News & Analysis

Trane Technologies logo
$476.70 -3.50 (-0.73%)
As of 03:58 PM Eastern

About Trane Technologies Stock (NYSE:TT)

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Key Stats

Today's Range
$473.40
$481.50
50-Day Range
$442.11
$504.65
52-Week Range
$348.06
$505.87
Volume
605,938 shs
Average Volume
1.19 million shs
Market Capitalization
$104.88 billion
P/E Ratio
36.11
Dividend Yield
0.88%
Price Target
$521.50
Consensus Rating
Moderate Buy

Company Overview

Trane Technologies (NYSE: TT) is a global climate solutions company focused on heating, ventilation and air conditioning (HVAC) and transport refrigeration systems. The company develops, manufactures and sells a broad range of climate-control products under well-known brands, including commercial and residential HVAC equipment, building management systems and controls, and transport refrigeration units. Its product portfolio spans rooftop and packaged units, chillers, furnaces, air handlers, compressors, and related components designed for commercial buildings, industrial facilities, residences and transportation applications.

In addition to equipment, Trane Technologies provides lifecycle services that include installation, maintenance, parts, retrofit and aftermarket support, as well as digital and controls solutions for building performance and energy management. The company offers solutions aimed at improving operational efficiency, indoor air quality and energy use, and it packages services such as performance contracting, equipment optimization and connected-building analytics to help customers manage systems over time. The transport refrigeration business supplies temperature-controlled solutions for food distribution, pharmaceuticals and other supply chains that require reliable cold-chain management.

Trane Technologies operates on a global scale, serving customers across North America, Europe, Asia-Pacific, Latin America and other international markets. The company traces its roots to the long-established Trane brand and was organized as Trane Technologies following a corporate reorganization of its predecessor businesses in recent years. With a focus on product innovation, service delivery and energy-efficient technologies, the company positions itself to address demand for climate control and refrigeration solutions across commercial, residential, industrial and transportation sectors worldwide.

AI Generated. May Contain Errors.

Trane Technologies Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
91st Percentile Overall Score

TT MarketRank™: 

Trane Technologies scored higher than 91% of companies evaluated by MarketBeat, and ranked 112th out of 669 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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/Downside

    The consensus price target for Trane Technologies is close to its current price, suggesting limited near-term upside or downside.

  • Amount of Analyst Coverage

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

  • Read more about Trane Technologies' stock forecast and price target.
  • Earnings Growth

    Earnings for Trane Technologies are expected to grow by 13.72% in the coming year, from $15.31 to $17.41 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Trane Technologies is 35.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.89.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Trane Technologies is 35.10, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 27.85.

  • 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 12.27. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Trane Technologies' valuation and earnings.
  • Percentage of Shares Shorted

    1.42% 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 2.06, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Trane Technologies has recently decreased by 25.88%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Trane Technologies has a dividend yield of 0.87%, 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 24.12% next year. This indicates that Trane Technologies will be able to sustain or increase its dividend.

  • Read more about Trane Technologies' dividend.
  • News Sentiment

    Trane Technologies has a news sentiment score of 1.26. 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 0.68 average news sentiment score of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 11 news articles for Trane Technologies this week, compared to 7 articles on an average week.
  • Search Interest

    16 people have searched for TT on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.
  • MarketBeat Follows

    8 people have added Trane Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • 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.

  • Read more about Trane Technologies' insider trading history.
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TT Stock News Headlines

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Marc Chaikin, founder of Chaikin Analytics, says two forces - AI disruption and fracturing global trade - are triggering a historic wealth transfer already underway in 2026. Household names like Intuit (-57%), Boston Scientific (-49%), and Tractor Supply (-40%) are cratering, while lesser-known companies like Sandisk (+573%) and Rackspace (+444%) surge. Chaikin has identified specific stocks he believes investors should sell before they fall further - and the names may surprise you. He's also pinpointing a company tapped as Nvidia's self-driving partner and a potential AI megadeal that could split into three high-growth stocks. Stream his free presentation to get every buy and sell recommendation with no membership or credit card required.tc pixel
Trane Technologies (NYSE:TT) Price Target Raised to $575.00
See More Headlines

TT Stock Analysis - Frequently Asked Questions

Trane Technologies' stock was trading at $389.17 at the beginning of the year. Since then, TT shares have increased by 22.5% and is now trading at $476.70.

Trane Technologies plc (NYSE:TT) issued its earnings results on Thursday, July, 30th. The company reported $4.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.27 by $0.04. The firm's revenue was up 10.6% compared to the same quarter last year.
Read the conference call transcript
.

The following companies are subsidiaries of Trane Technologies: EcoFactor, Precision Flow Systems, ICS Cool Energy, CALMAC Corp, FRIGOBLOCK, Cameron International Corporation - Centrifugal Compression Business, 200 PARK INC., and more.

Top institutional investors of Trane Technologies include Handelsbanken Fonder AB (0.05%), Flossbach Von Storch SE (0.05%), Czech National Bank (0.03%) and Renaissance Investment Group LLC (0.01%). Insiders that own company stock include David S Regnery, Raymond D Pittard, Christopher J Kuehn, Keith A Sultana, Evan M Turtz, Mairead Magner, Elizabeth A Elwell, Donald E Simmons and John A Hayes.
View institutional ownership trends
.

Shares of TT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Trane Technologies investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

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
Today
8/17/2026
Record date for 9/30 Dividend
9/04/2026
Ex-Dividend for 9/30 Dividend
9/04/2026
Dividend Payable
9/30/2026
Next Earnings (Estimated)
10/29/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Building Products
Sub-Industry
Building Products
Current Symbol
NYSE:TT
CIK
1466258
Employees
44,000
Year Founded
1885

Price Target and Rating

High Price Target
$585.00
Low Price Target
$400.00
Potential Upside/Downside
+9.4%
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
36.11
Forward P/E Ratio
31.14
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
4.92
Cash Flow
$14.86 per share
Price / Cash Flow
32.09
Book Value
$38.86 per share
Price / Book
12.27

Miscellaneous

Outstanding Shares
220,020,000
Free Float
219,077,000
Market Cap
$104.88 billion
Optionable
Optionable
Beta
1.19

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This page (NYSE:TT) was last updated on 8/17/2026 by MarketBeat.com Staff.
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