Trane Technologies plc (TT) To Go Ex-Dividend on June 5th

Posted by Francis Steltz on Jun 3rd, 2026

Trane Technologies plc (NYSE:TT – Get Free Report) declared a quarterly dividend on Wednesday, April 1st. Stockholders of record on Friday, June 5th will be given a dividend of 1.05 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, June 5th.

Trane Technologies has decreased its dividend by an average of 0.3%per year over the last three years and has increased its dividend every year for the last 5 years. Trane Technologies has a dividend payout ratio of 29.0% indicating that its dividend is sufficiently covered by earnings. Analysts expect Trane Technologies to earn $16.77 per share next year, which means the company should continue to be able to cover its $4.20 annual dividend with an expected future payout ratio of 25.0%.

Trane Technologies Trading Up 0.5%

Shares of NYSE:TT opened at $461.37 on Wednesday. Trane Technologies has a 12 month low of $348.06 and a 12 month high of $503.47. The company has a quick ratio of 0.77, a current ratio of 1.10 and a debt-to-equity ratio of 0.46. The company’s fifty day simple moving average is $455.94 and its 200 day simple moving average is $430.21. The firm has a market cap of $101.99 billion, a price-to-earnings ratio of 35.68, a PEG ratio of 2.07 and a beta of 1.20.

Trane Technologies (NYSE:TT – Get Free Report) last posted its quarterly earnings data on Friday, May 1st. The company reported $2.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.53 by $0.10. Trane Technologies had a return on equity of 35.55% and a net margin of 13.41%.The business had revenue of $4.97 billion during the quarter, compared to the consensus estimate of $4.81 billion. During the same period last year, the company earned $2.45 earnings per share. Trane Technologies’s quarterly revenue was up 6.0% on a year-over-year basis. As a group, research analysts forecast that Trane Technologies will post 14.88 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Christopher J. Kuehn sold 8,619 shares of the business’s stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $450.00, for a total transaction of $3,878,550.00. Following the transaction, the chief financial officer directly owned 60,576 shares of the company’s stock, valued at approximately $27,259,200. The trade was a 12.46% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO David S. Regnery sold 36,045 shares of Trane Technologies stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $422.69, for a total transaction of $15,235,861.05. Following the sale, the chief executive officer directly owned 96,948 shares of the company’s stock, valued at $40,978,950.12. The trade was a 27.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 53,654 shares of company stock worth $23,269,523. Company insiders own 0.43% of the company’s stock.

Hedge Funds Weigh In On Trane Technologies

Hedge funds have recently added to or reduced their stakes in the stock. Tucker Asset Management LLC acquired a new stake in Trane Technologies during the fourth quarter worth about $25,000. Wilkerson Advisory Group LLC lifted its holdings in shares of 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. United Community Bank boosted its position in shares of Trane Technologies by 134.4% during the 3rd quarter. United Community Bank now owns 75 shares of the company’s stock worth $32,000 after acquiring an additional 43 shares in the last quarter. Hilton Head Capital Partners LLC bought a new position in Trane Technologies in the fourth quarter valued at approximately $32,000. Finally, JPL Wealth Management LLC acquired a new position in Trane Technologies during the third quarter valued at approximately $32,000. Institutional investors own 82.97% of the company’s stock.

About Trane Technologies

(Get Free Report)

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.