Trane Technologies plc $TT Shares Bought by Railway Pension Investments Ltd

Posted by Stanley Muller on Sep 1st, 2026

Railway Pension Investments Ltd grew its holdings in shares of Trane Technologies plc (NYSE:TT – Free Report) by 131.1% in the second quarter, Holdings Channel reports. The institutional investor owned 104,000 shares of the company’s stock after purchasing an additional 59,000 shares during the period. Railway Pension Investments Ltd’s holdings in Trane Technologies were worth $51,081,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Norges Bank bought a new position in shares of Trane Technologies during the fourth quarter worth about $1,163,124,000. Capital International Investors acquired a new stake in Trane Technologies in the fourth quarter worth $324,639,000. Amundi grew its position in Trane Technologies by 47.8% in the 1st quarter. Amundi now owns 2,174,396 shares of the company’s stock worth $906,158,000 after purchasing an additional 703,018 shares during the last quarter. First Trust Advisors LP grew its holdings in Trane Technologies by 536.6% in the 1st quarter. First Trust Advisors LP now owns 532,138 shares of the company’s stock worth $221,763,000 after buying an additional 448,547 shares in the last quarter. Finally, Hsbc Holdings PLC lifted its holdings in Trane Technologies by 215.9% in the first quarter. Hsbc Holdings PLC now owns 653,423 shares of the company’s stock worth $271,950,000 after purchasing an additional 446,598 shares during the period. Hedge funds and other institutional investors own 82.97% of the company’s stock.

Insiders Place Their Bets

In other Trane Technologies news, CEO David S. Regnery sold 43,778 shares of the company’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $475.00, for a total transaction of $20,794,550.00. Following the transaction, the chief executive officer owned 96,950 shares of the company’s stock, valued at approximately $46,051,250. This represents a 31.11% decrease in their position. The transaction was disclosed in a 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. 0.43% of the stock is owned by company insiders.

Trane Technologies Stock Down 0.9%

Shares of NYSE:TT opened at $445.00 on Tuesday. The company’s fifty day moving average is $472.01 and its 200-day moving average is $461.23. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.76 and a current ratio of 1.07. Trane Technologies plc has a 52 week low of $348.06 and a 52 week high of $505.87. The company has a market capitalization of $97.91 billion, a PE ratio of 33.71, a P/E/G ratio of 1.97 and a beta of 1.19.

Trane Technologies (NYSE:TT – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $4.31 EPS for the quarter, beating 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 firm had revenue of $6.35 billion for the quarter, compared to analyst estimates of $6.20 billion. During the same period in the previous year, the business earned $3.88 earnings per share. The company’s revenue for the quarter 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 predict that Trane Technologies plc will post 15.31 earnings per share for the current fiscal year.

Trane Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, September 4th will be given a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Friday, September 4th. Trane Technologies’s dividend payout ratio is presently 31.82%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Weiss Ratings lowered Trane Technologies from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, August 26th. Wall Street Zen lowered shares of Trane Technologies from a “buy” rating to a “hold” rating in a report on Sunday. Citigroup reduced their price objective on Trane Technologies from $570.00 to $566.00 and set a “buy” rating for the company in a research note on Friday, July 31st. Sanford C. Bernstein lifted their target price on shares of Trane Technologies from $555.00 to $575.00 and gave the company an “outperform” rating in a research note on Friday, August 14th. Finally, Royal Bank Of Canada dropped their price objective on Trane Technologies from $501.00 to $496.00 and set a “sector perform” rating on the stock in a report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Trane Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $521.50.

View Our Latest Report on TT

Trane Technologies Profile

(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.