9,344 Shares in Trane Technologies plc $TT Bought by Lombard Odier Asset Management Switzerland SA

Posted by Brenda Bartman on Jul 27th, 2026

Lombard Odier Asset Management Switzerland SA acquired a new stake in shares of Trane Technologies plc (NYSE:TT – Free Report) in the 1st quarter, Holdings Channel reports. The firm acquired 9,344 shares of the company’s stock, valued at approximately $3,894,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Farther Finance Advisors LLC increased its stake in Trane Technologies by 64.0% during the fourth quarter. Farther Finance Advisors LLC now owns 7,478 shares of the company’s stock worth $2,911,000 after acquiring an additional 2,917 shares during the last quarter. Dara Capital US Inc. bought a new stake in shares of Trane Technologies in the 4th quarter valued at approximately $966,000. ProCore Advisors LLC bought a new stake in shares of Trane Technologies in the 4th quarter valued at approximately $939,000. Horizon Investments LLC boosted its holdings in shares of Trane Technologies by 115.4% in the 4th quarter. Horizon Investments LLC now owns 30,560 shares of the company’s stock worth $11,894,000 after purchasing an additional 16,370 shares during the period. Finally, Buffalo Business & Estate Services Ltd. bought a new position in shares of Trane Technologies during the 4th quarter valued at approximately $4,325,000. 82.97% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Donald E. Simmons sold 4,593 shares of the stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $500.00, for a total value of $2,296,500.00. Following the transaction, the insider owned 3,819 shares of the company’s stock, valued at $1,909,500. This represents a 54.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.43% of the company’s stock.

Trane Technologies Trading Up 0.0%

NYSE TT opened at $481.09 on Monday. The stock has a market cap of $106.34 billion, a PE ratio of 37.21, a PEG ratio of 2.21 and a beta of 1.19. Trane Technologies plc has a 12 month low of $348.06 and a 12 month high of $505.87. The company’s 50-day moving average price is $470.13 and its 200-day moving average price is $450.29. The company has a current ratio of 1.10, a quick ratio of 0.77 and a debt-to-equity ratio of 0.46.

Trane Technologies (NYSE:TT – Get Free Report) last announced its quarterly earnings data on Friday, May 1st. The company reported $2.63 earnings per share for the quarter, beating analysts’ consensus estimates of $2.53 by $0.10. The company had revenue of $4.97 billion during the quarter, compared to analyst estimates of $4.81 billion. Trane Technologies had a net margin of 13.41% and a return on equity of 35.55%. The firm’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter last year, the business posted $2.45 EPS. Equities research analysts forecast that Trane Technologies plc will post 14.89 earnings per share for the current year.

Trane Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, September 4th will be paid a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, September 4th. Trane Technologies’s payout ratio is currently 32.48%.

Analyst Ratings Changes

A number of analysts recently issued reports on TT shares. Weiss Ratings restated a “buy (b)” rating on shares of Trane Technologies in a research report on Friday, July 17th. JPMorgan Chase & Co. boosted their price objective on shares of Trane Technologies from $460.00 to $476.00 and gave the company a “neutral” rating in a research report on Thursday, May 14th. KeyCorp increased their target price on shares of Trane Technologies from $525.00 to $555.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Barclays raised their target price on shares of Trane Technologies from $507.00 to $585.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Finally, Evercore started coverage on shares of Trane Technologies in a report on Monday, April 13th. They set an “outperform” rating and a $535.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $516.67.

Get Our Latest Stock Analysis on TT

About Trane Technologies

(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.