Atlas Private Wealth Advisors cut its holdings in Trane Technologies plc (NYSE:TT – Free Report) by 50.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,036 shares of the company’s stock after selling 2,085 shares during the period. Atlas Private Wealth Advisors’ holdings in Trane Technologies were worth $859,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. NorthRock Partners LLC grew its position in shares of Trane Technologies by 1.2% in the second quarter. NorthRock Partners LLC now owns 2,052 shares of the company’s stock valued at $898,000 after purchasing an additional 24 shares in the last quarter. King Luther Capital Management Corp grew its holdings in Trane Technologies by 1.3% during the 2nd quarter. King Luther Capital Management Corp now owns 1,942 shares of the company’s stock valued at $849,000 after buying an additional 24 shares in the last quarter. Old Port Advisors increased its position in shares of Trane Technologies by 3.2% during the third quarter. Old Port Advisors now owns 778 shares of the company’s stock valued at $328,000 after buying an additional 24 shares during the period. OneAscent Wealth Management LLC boosted its position in shares of Trane Technologies by 1.5% in the third quarter. OneAscent Wealth Management LLC now owns 1,627 shares of the company’s stock valued at $686,000 after acquiring an additional 24 shares during the period. Finally, Confluence Wealth Services Inc. increased its holdings in Trane Technologies by 0.7% during the 2nd quarter. Confluence Wealth Services Inc. now owns 3,609 shares of the company’s stock worth $1,579,000 after acquiring an additional 25 shares during the period. Institutional investors own 82.97% of the company’s stock.
Analyst Upgrades and Downgrades
TT has been the subject of several analyst reports. KeyCorp raised shares of Trane Technologies from a “sector weight” rating to an “overweight” rating and set a $500.00 price target for the company in a report on Monday, December 15th. Weiss Ratings reissued a “buy (b)” rating on shares of Trane Technologies in a research note on Wednesday, January 21st. Citigroup boosted their target price on Trane Technologies from $513.00 to $525.00 and gave the stock a “buy” rating in a research report on Friday. Oppenheimer raised their price target on Trane Technologies from $460.00 to $468.00 and gave the company an “outperform” rating in a report on Friday. Finally, Royal Bank Of Canada boosted their price objective on Trane Technologies from $469.00 to $470.00 and gave the stock a “sector perform” rating in a report on Friday. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $484.67.
Trane Technologies News Summary
Here are the key news stories impacting Trane Technologies this week:
- Positive Sentiment: Q4 results: TT reported better-than-expected Q4 revenue and adjusted EPS, highlighted record bookings and a growing backlog that management says provides strong visibility into 2026. This is the main fundamental driver behind today’s bullish analyst moves. BusinessWire: Q4 Results
- Positive Sentiment: Citigroup raised its price target to $525 with a Buy rating (largest implied upside among brokers noted), signalling strong buy-side conviction following the quarter. Benzinga: Citi PT Raise
- Positive Sentiment: Barclays lifted its target to $507 and kept an Overweight call, another bullish endorsement supporting upside potential. Benzinga: Barclays PT Raise
- Positive Sentiment: Oppenheimer bumped its target to $468 and maintained an Outperform view, reinforcing the upgrade momentum from sell?side analysts. Benzinga: Oppenheimer PT Raise
- Neutral Sentiment: Guidance: TT updated FY?2026 guidance to EPS 14.65–14.85 (roughly in line with consensus) and raised revenue guidance to ~$23.1–23.4B (slightly above consensus) — supportive but not a large surprise. TT FY2026 Guidance
- Neutral Sentiment: RBC raised its target to $470 but kept a “sector perform” rating — a modest endorsement that’s positive for price targets but not a clear buy signal. Benzinga: RBC PT Raise
- Neutral Sentiment: JPMorgan increased its target to $460 but kept a Neutral rating, signaling respect for the quarter without upgrading conviction. Benzinga: JPM PT Raise
- Negative Sentiment: Wells Fargo moved its target to $400 and retained an Underweight call, the notable bearish voice among brokers and a likely contributor to intraday selling pressure. Benzinga: Wells Fargo Call
Trane Technologies Stock Performance
Shares of NYSE TT opened at $420.34 on Friday. The stock’s 50-day moving average is $396.23 and its 200 day moving average is $414.95. The stock has a market cap of $93.21 billion, a price-to-earnings ratio of 32.38, a P/E/G ratio of 2.14 and a beta of 1.21. Trane Technologies plc has a 1-year low of $298.15 and a 1-year high of $476.18. The company has a current ratio of 1.25, a quick ratio of 0.84 and a debt-to-equity ratio of 0.46.
Trane Technologies (NYSE:TT – Get Free Report) last issued its quarterly earnings results on Thursday, January 29th. The company reported $2.86 EPS for the quarter, beating analysts’ consensus estimates of $2.81 by $0.05. The business had revenue of $5.14 billion for the quarter, compared to analysts’ expectations of $5.09 billion. Trane Technologies had a net margin of 13.69% and a return on equity of 36.34%. The business’s quarterly revenue was up 5.6% on a year-over-year basis. During the same period last year, the business earned $2.61 earnings per share. On average, sell-side analysts anticipate that Trane Technologies plc will post 12.83 EPS 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.
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