Trane Technologies (NYSE:TT) Insider Donald Simmons Sells 4,593 Shares of Stock

Trane Technologies plc (NYSE:TT) insider Donald Simmons sold 4,593 shares of Trane Technologies stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $500.00, for a total transaction of $2,296,500.00. Following the completion of the transaction, the insider directly owned 3,819 shares of the company’s stock, valued at $1,909,500. This trade represents a 54.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Trane Technologies Trading Down 1.2%

NYSE TT opened at $486.73 on Friday. Trane Technologies plc has a one year low of $348.06 and a one year high of $503.47. The company has a 50-day simple moving average of $447.39 and a 200-day simple moving average of $425.36. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.92 and a current ratio of 1.10. The firm has a market capitalization of $107.62 billion, a PE ratio of 37.50, a price-to-earnings-growth ratio of 2.60 and a beta of 1.25.

Trane Technologies (NYSE:TT) last posted its quarterly earnings results on Thursday, April 30th. The company reported $2.63 EPS for the quarter, beating the consensus estimate of $2.53 by $0.10. Trane Technologies had a net margin of 13.41% and a return on equity of 35.55%. The business had revenue of $4.97 billion during the quarter, compared to analyst estimates of $4.81 billion. During the same period in the previous year, the business posted $2.45 EPS. The company’s quarterly revenue was up 6.0% on a year-over-year basis. Trane Technologies has set its FY 2026 guidance at 14.750-14.950 EPS. On average, equities analysts forecast that Trane Technologies plc will post 14.75 earnings per share for the current year.

Trane Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, June 5th will be paid a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Friday, June 5th. Trane Technologies’s dividend payout ratio is presently 32.36%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of TT. Brighton Jones LLC raised its position in shares of 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 buying an additional 2,323 shares in the last quarter. Sivia Capital Partners LLC raised its position in shares of Trane Technologies by 22.4% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,665 shares of the company’s stock worth $728,000 after buying an additional 305 shares in the last quarter. Schnieders Capital Management LLC. bought a new stake in shares of Trane Technologies during the 2nd quarter worth about $227,000. Nebula Research & Development LLC raised its position in shares of Trane Technologies by 178.0% during the 2nd quarter. Nebula Research & Development LLC now owns 2,371 shares of the company’s stock worth $1,037,000 after buying an additional 1,518 shares in the last quarter. Finally, Treasurer of the State of North Carolina raised its position in shares of Trane Technologies by 0.5% during the 2nd quarter. Treasurer of the State of North Carolina now owns 104,140 shares of the company’s stock worth $45,552,000 after buying an additional 497 shares in the last quarter. 82.97% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

TT has been the topic of several analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Trane Technologies in a research report on Monday, April 20th. Citigroup increased their target price on Trane Technologies from $525.00 to $570.00 and gave the stock a “buy” rating in a research report on Friday. Barclays boosted their target price on shares of Trane Technologies from $507.00 to $585.00 and gave the company an “overweight” rating in a research note on Friday. Royal Bank Of Canada boosted their target price on shares of Trane Technologies from $440.00 to $501.00 and gave the company a “sector perform” rating in a research note on Friday. Finally, Oppenheimer boosted their target price on shares of Trane Technologies from $460.00 to $468.00 and gave the company an “outperform” rating in a research note on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Trane Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $505.56.

Trending Headlines about Trane Technologies

Here are the key news stories impacting Trane Technologies this week:

• Positive Sentiment: Q1 beat and raised full?year guidance — Trane reported adjusted EPS of $2.63 and revenue of $4.97B, topped estimates and raised FY?2026 EPS guidance to $14.75–14.95 and revenue guidance above prior expectations. Business Wire: Q1 Results & Guidance
• Positive Sentiment: Strong bookings and record backlog — Bookings rose ~24% (GAAP bookings $6.69B) and backlog hit a record ~$10.7B, supporting the higher outlook. Zacks: Bookings & Backlog
• Positive Sentiment: Barclays raised its target to $585 and kept an overweight rating — a sizeable upgrade that implies meaningful upside. Benzinga: Barclays Raise
• Positive Sentiment: Citigroup raised its target to $570 and reiterated a buy rating — another influential firm boosting expectations. Benzinga: Citi Raise
• Positive Sentiment: KeyCorp and RBC also lifted targets (KeyCorp to $555, RBC to $501), adding to the cluster of analyst support. Benzinga: KeyCorp & RBC Raises
• Neutral Sentiment: Earnings call materials and slide deck available for deeper read — useful for investors assessing margin drivers and backlog conversion timing. Seeking Alpha: Q1 Presentation
• Negative Sentiment: Relative underperformance vs. peers noted — one note flagged that TT underperformed competitors on the day despite gains, which could reflect sector rotation or profit?taking after the rally. MarketWatch: Relative Underperformance

About Trane Technologies

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.