Leonteq Securities AG Makes New $1.30 Million Investment in Trane Technologies plc $TT

Posted by Stanley Muller on May 22nd, 2026

Leonteq Securities AG bought a new position in Trane Technologies plc (NYSE:TT – Free Report) in the 4th quarter, HoldingsChannel reports. The fund bought 3,335 shares of the company’s stock, valued at approximately $1,298,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Rathbones Group PLC grew its position in Trane Technologies by 3.6% in the 4th quarter. Rathbones Group PLC now owns 68,570 shares of the company’s stock worth $26,687,000 after purchasing an additional 2,375 shares during the last quarter. Cullen Frost Bankers Inc. grew its position in Trane Technologies by 3.4% in the 4th quarter. Cullen Frost Bankers Inc. now owns 29,163 shares of the company’s stock worth $11,350,000 after purchasing an additional 952 shares during the last quarter. Creative Financial Designs Inc. ADV grew its position in Trane Technologies by 119.5% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 90 shares of the company’s stock worth $35,000 after purchasing an additional 49 shares during the last quarter. Saranac Partners Ltd grew its position in Trane Technologies by 27.6% in the 4th quarter. Saranac Partners Ltd now owns 15,935 shares of the company’s stock worth $6,216,000 after purchasing an additional 3,445 shares during the last quarter. Finally, Handelsbanken Fonder AB grew its position in Trane Technologies by 8.3% in the 4th quarter. Handelsbanken Fonder AB now owns 150,809 shares of the company’s stock worth $58,695,000 after purchasing an additional 11,578 shares during the last quarter. Institutional investors own 82.97% of the company’s stock.

Insider Activity at Trane Technologies

In other Trane Technologies news, insider Donald E. Simmons sold 4,593 shares of the stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $500.00, for a total value of $2,296,500.00. Following the completion of the sale, the insider owned 3,819 shares in the company, valued at $1,909,500. This represents a 54.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Christopher J. Kuehn sold 8,619 shares of the 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 completion of the sale, the chief financial officer 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 53,654 shares of company stock worth $23,269,523 in the last quarter. 0.14% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have commented on TT shares. KeyCorp upped their target price on shares of Trane Technologies from $525.00 to $555.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Barclays increased their price objective on shares of Trane Technologies from $507.00 to $585.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Wells Fargo & Company raised their price objective on shares of Trane Technologies from $375.00 to $400.00 and gave the company an “underweight” rating in a research note on Friday, January 30th. Citigroup raised their target price on Trane Technologies from $525.00 to $570.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Finally, Royal Bank Of Canada raised their target price on shares of Trane Technologies from $440.00 to $501.00 and gave the stock a “sector perform” rating in a report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Trane Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $506.56.

View Our Latest Stock Analysis on TT

Trane Technologies Stock Down 1.1%

Shares of NYSE:TT opened at $446.83 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.77 and a current ratio of 1.10. The company has a market cap of $98.77 billion, a PE ratio of 34.56, a price-to-earnings-growth ratio of 2.08 and a beta of 1.25. Trane Technologies plc has a 52 week low of $348.06 and a 52 week high of $503.47. The firm has a 50 day simple moving average of $451.88 and a 200 day simple moving average of $429.26.

Trane Technologies (NYSE:TT – Get Free Report) last released its earnings results on Thursday, April 30th. 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 net margin of 13.41% and a return on equity of 35.55%. The company had revenue of $4.97 billion during the quarter, compared to the consensus estimate of $4.81 billion. During the same quarter in the prior year, the firm earned $2.45 EPS. The company’s revenue was up 6.0% compared to the same quarter last year. Trane Technologies has set its FY 2026 guidance at 14.750-14.950 EPS. As a group, research analysts expect that Trane Technologies plc will post 14.9 earnings per share for the current year.

Trane Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, June 5th will be given a $1.05 dividend. The ex-dividend date is Friday, June 5th. This represents a $4.20 dividend on an annualized basis and a yield of 0.9%. Trane Technologies’s dividend payout ratio is presently 32.48%.

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.