Trane Technologies plc $TT Shares Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. grew its stake in Trane Technologies plc (NYSE:TT) by 7.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 62,372 shares of the company’s stock after purchasing an additional 4,344 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Trane Technologies were worth $26,318,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of TT. Ethic Inc. boosted its holdings in shares of Trane Technologies by 6.6% during the second quarter. Ethic Inc. now owns 26,836 shares of the company’s stock worth $11,601,000 after purchasing an additional 1,672 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new position in Trane Technologies during the third quarter worth about $6,571,000. Nordea Investment Management AB boosted its stake in Trane Technologies by 2.4% in the 3rd quarter. Nordea Investment Management AB now owns 2,513,508 shares of the company’s stock worth $1,051,049,000 after buying an additional 57,774 shares during the last quarter. Boston Common Asset Management LLC purchased a new stake in Trane Technologies in the 3rd quarter valued at about $9,546,000. Finally, Compass Wealth Management LLC grew its holdings in Trane Technologies by 3,785.4% in the 3rd quarter. Compass Wealth Management LLC now owns 27,198 shares of the company’s stock valued at $11,476,000 after buying an additional 26,498 shares during the period. 82.97% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. JPMorgan Chase & Co. increased their price objective on shares of Trane Technologies from $407.00 to $434.00 and gave the stock a “neutral” rating in a report on Wednesday, October 15th. Melius Research raised shares of Trane Technologies from a “hold” rating to a “buy” rating and set a $490.00 price target on the stock in a research note on Wednesday, January 7th. Morgan Stanley decreased their price target on shares of Trane Technologies from $550.00 to $535.00 and set an “overweight” rating on the stock in a report on Tuesday, January 13th. Barclays dropped their price objective on Trane Technologies from $506.00 to $505.00 and set an “overweight” rating for the company in a report on Wednesday, January 7th. Finally, Wells Fargo & Company reduced their target price on Trane Technologies from $415.00 to $375.00 and set an “underweight” rating on the stock in a report on Friday, December 19th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $479.73.

Key Stories Impacting Trane Technologies

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

• Positive Sentiment: Q4 results beat estimates: Adjusted EPS $2.86 vs. consensus ~ $2.82 and revenue $5.14B vs. ~$5.09B; bookings jumped ~24% year?over?year and backlog provides forward revenue visibility. Business Wire: Q4 & Full?Year 2025 Results
• Positive Sentiment: Management tone and presentation emphasize robust bookings, backlog strength and improving cash flow — commentary on the earnings call and slide deck supports a constructive near?term outlook. Earnings Call Transcript
• Positive Sentiment: End?market momentum: reports cite demand tailwinds from data center HVAC and commercial markets, helping revenue and bookings growth. MSN: Data Center Demand Lifts Sales
• Neutral Sentiment: Analyst commentary and screens highlight TT as a momentum stock and review key metrics versus estimates — useful for positioning but not a change in fundamentals by itself. Zacks: Momentum Thesis
• Neutral Sentiment: Full earnings materials (press release, slide deck, transcript) and multiple previews/reviews are available for investors who want the granular segment and regional detail. Earnings Presentation
• Negative Sentiment: Valuation and liquidity considerations: TT trades at a relatively rich P/E (~32.7) and has a quick ratio below 1 (quick ratio ~0.84), which investors may view as valuation risk or short?term liquidity constraint despite strong margins. (Company filings / market data)

Trane Technologies Price Performance

TT stock opened at $425.66 on Friday. The company has a quick ratio of 0.84, a current ratio of 1.20 and a debt-to-equity ratio of 0.47. The stock’s 50 day moving average is $396.04 and its two-hundred day moving average is $415.08. The company has a market capitalization of $94.39 billion, a PE ratio of 32.74, a P/E/G ratio of 1.97 and a beta of 1.21. Trane Technologies plc has a 52-week low of $298.15 and a 52-week high of $476.18.

Trane Technologies (NYSE:TT) last posted its quarterly earnings data on Thursday, January 29th. The company reported $2.86 EPS for the quarter, beating analysts’ consensus estimates of $2.82 by $0.04. The firm had revenue of $5.14 billion for the quarter, compared to the consensus estimate of $5.09 billion. Trane Technologies had a net margin of 13.93% and a return on equity of 37.04%. Analysts predict that Trane Technologies plc will post 12.83 earnings per share for the current fiscal year.

Trane Technologies Profile

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.