Trane Technologies plc $TT Stock: Ninety One UK Ltd Boosts Holdings

Posted by George Bondi on Oct 15th, 2026

Ninety One UK Ltd raised its position in Trane Technologies plc (NYSE:TT – Free Report) by 0.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 926,668 shares of the company’s stock after purchasing an additional 3,624 shares during the quarter. Trane Technologies accounts for approximately 1.0% of Ninety One UK Ltd’s portfolio, making the stock its 29th largest position. Ninety One UK Ltd owned about 0.42% of Trane Technologies worth $418,835,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in TT. Bell Investment Advisors Inc lifted its holdings in Trane Technologies by 12.2% in the first quarter. Bell Investment Advisors Inc now owns 203 shares of the company’s stock valued at $85,000 after buying an additional 22 shares during the period. Toth Financial Advisory Corp boosted its position in Trane Technologies by 10.6% during the third quarter. Toth Financial Advisory Corp now owns 239 shares of the company’s stock valued at $108,000 after acquiring an additional 23 shares during the last quarter. ZWJ Investment Counsel Inc. grew its holdings in Trane Technologies by 1.9% during the 3rd quarter. ZWJ Investment Counsel Inc. now owns 1,257 shares of the company’s stock worth $568,000 after acquiring an additional 23 shares during the period. Cornerstone Planning Group LLC grew its holdings in Trane Technologies by 14.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 190 shares of the company’s stock worth $79,000 after acquiring an additional 24 shares during the period. Finally, Westfuller Advisors LLC raised its position in shares of Trane Technologies by 5.9% in the 1st quarter. Westfuller Advisors LLC now owns 447 shares of the company’s stock worth $186,000 after acquiring an additional 25 shares in the last quarter. 82.97% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Royal Bank Of Canada boosted their price objective on Trane Technologies from $496.00 to $502.00 and gave the company a “sector perform” rating in a research note on Wednesday. Evercore upped their target price on Trane Technologies from $560.00 to $565.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. Citigroup decreased their target price 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. BNP Paribas Exane lifted their target price on Trane Technologies from $560.00 to $575.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. Finally, Weiss Ratings upgraded Trane Technologies from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, September 10th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have given a Hold 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 $539.42.

Get Our Latest Report on Trane Technologies

Trane Technologies Stock Down 4.0%

NYSE TT traded down $18.88 on Thursday, hitting $452.41. 1,115,293 shares of the company were exchanged, compared to its average volume of 1,364,406. The company has a current ratio of 1.07, a quick ratio of 0.76 and a debt-to-equity ratio of 0.45. The company has a market cap of $99.54 billion, a PE ratio of 34.28, a PEG ratio of 2.23 and a beta of 1.15. The stock has a fifty day moving average of $455.38 and a 200-day moving average of $462.69. Trane Technologies plc has a 12 month low of $348.06 and a 12 month high of $505.87.

Trane Technologies (NYSE:TT – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $4.31 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $6.20 billion. During the same period in the previous year, the firm posted $3.88 earnings per share. The business’s 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. As a group, analysts forecast that Trane Technologies plc will post 15.31 earnings per share for the current year.

Trane Technologies Dividend Announcement

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

Insider Activity at Trane Technologies

In related news, CEO David Regnery sold 48,091 shares of the business’s stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $480.00, for a total value of $23,083,680.00. Following the completion of the sale, the chief executive officer directly owned 96,951 shares of the company’s stock, valued at $46,536,480. The trade was a 33.16% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is currently owned by corporate insiders.

About Trane Technologies

(Free Report)

Trane Technologies plc is a global climate solutions company that develops and provides systems, equipment, services and controls for heating, ventilation, air conditioning and refrigeration. Its solutions are used in commercial buildings, industrial facilities, residential properties, data centers, transportation and other applications where temperature control and energy efficiency are important.

The company operates through two primary areas: Climate Solutions, which includes building heating and cooling systems, building controls, services and energy-management solutions; and Climate Solutions Transport, which provides refrigeration systems for trucks, trailers, shipping containers and other transportation applications.