1,448 Trane Technologies plc $TT Shares Acquired by Signaturefd LLC

Signaturefd LLC increased its holdings in shares of Trane Technologies plc (NYSE:TT) by 13.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,114 shares of the company’s stock after buying an additional 1,448 shares during the period. Signaturefd LLC’s holdings in Trane Technologies were worth $5,475,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of TT. Wilkerson Advisory Group LLC grew its holdings in Trane Technologies by 136.0% during the 1st quarter. Wilkerson Advisory Group LLC now owns 59 shares of the company’s stock worth $25,000 after acquiring an additional 34 shares during the period. Elevation Wealth Partners LLC raised its position in shares of Trane Technologies by 153.8% during the 2nd quarter. Elevation Wealth Partners LLC now owns 66 shares of the company’s stock valued at $32,000 after acquiring an additional 40 shares during the last quarter. Physician Wealth Advisors Inc. raised its position in shares of Trane Technologies by 192.6% during the 1st quarter. Physician Wealth Advisors Inc. now owns 79 shares of the company’s stock valued at $33,000 after acquiring an additional 52 shares during the last quarter. Frazier Financial Advisors LLC acquired a new position in shares of Trane Technologies in the 1st quarter valued at $33,000. Finally, James T. Borello RIA lifted its stake in shares of Trane Technologies by 41.7% in the 3rd quarter. James T. Borello RIA now owns 102 shares of the company’s stock valued at $46,000 after purchasing an additional 30 shares during the period. 82.97% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Royal Bank Of Canada raised their price target on Trane Technologies from $496.00 to $502.00 and gave the stock a “sector perform” rating in a research report on Wednesday, October 14th. Robert W. Baird upped their price objective on Trane Technologies from $515.00 to $532.00 and gave the company a “neutral” rating in a report on Thursday, July 23rd. Wells Fargo & Company began coverage on Trane Technologies in a research note on Friday, September 25th. They issued an “overweight” rating and a $536.00 target price on the stock. Sanford C. Bernstein increased their target price on Trane Technologies from $555.00 to $575.00 and gave the company an “outperform” rating in a research note on Friday, August 14th. Finally, The Goldman Sachs Group upgraded Trane Technologies from a “neutral” rating to a “buy” rating and raised their target price for the stock from $548.00 to $565.00 in a report on Wednesday, October 14th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $539.42.

Trane Technologies Trading Down 0.8%

TT opened at $445.43 on Friday. The firm’s fifty day moving average is $452.34 and its two-hundred day moving average is $464.30. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.76 and a current ratio of 1.07. The firm has a market cap of $98.00 billion, a PE ratio of 33.74, a price-to-earnings-growth ratio of 2.08 and a beta of 1.15. Trane Technologies plc has a twelve month low of $348.06 and a twelve month high of $505.87.

Trane Technologies (NYSE:TT) last announced its quarterly earnings results on Thursday, July 30th. The company reported $4.31 earnings per share for the quarter, topping analysts’ consensus estimates of $4.27 by $0.04. Trane Technologies had a net margin of 13.28% and a return on equity of 35.72%. The company had revenue of $6.35 billion for the quarter, compared to analysts’ expectations of $6.20 billion. During the same period last year, the firm posted $3.88 earnings per share. The business’s quarterly revenue was up 10.6% compared to the same quarter last year. Trane Technologies has set its FY 2026 guidance at 15.200-15.300 EPS. Equities research analysts anticipate that Trane Technologies plc will post 15.32 EPS for the current year.

Trane Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Friday, December 4th will be paid a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, December 4th. Trane Technologies’s dividend payout ratio (DPR) is presently 31.82%.

Insiders Place Their Bets

In other Trane Technologies news, CEO David Regnery sold 48,091 shares of Trane Technologies stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $480.00, for a total transaction of $23,083,680.00. Following the transaction, the chief executive officer directly owned 96,951 shares in the company, valued at approximately $46,536,480. The trade was a 33.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.43% of the company’s stock.

Trane Technologies Company Profile

Trane Technologies plc is a global climate technology company that develops solutions for heating, ventilation, air conditioning, refrigeration and building management. Its products and services are designed to improve indoor comfort, energy efficiency and the sustainability of commercial, industrial, residential and institutional buildings.

The company operates through well-known brands including Trane, Thermo King and Frigoblock. Trane provides HVAC equipment, building controls, digital solutions, maintenance and energy services, while Thermo King and Frigoblock offer temperature-control systems for refrigerated transportation.