Quantinno Capital Management LP Grows Stock Holdings in Trane Technologies plc $TT

Quantinno Capital Management LP boosted its stake in shares of Trane Technologies plc (NYSE:TTFree Report) by 40.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 95,102 shares of the company’s stock after buying an additional 27,524 shares during the quarter. Quantinno Capital Management LP’s holdings in Trane Technologies were worth $39,633,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Tucker Asset Management LLC acquired a new position in Trane Technologies during the fourth quarter worth $25,000. Wilkerson Advisory Group LLC grew its holdings in Trane Technologies by 136.0% in the first quarter. Wilkerson Advisory Group LLC now owns 59 shares of the company’s stock valued at $25,000 after purchasing an additional 34 shares during the last quarter. Hilton Head Capital Partners LLC purchased a new position in shares of Trane Technologies in the fourth quarter valued at $32,000. JPL Wealth Management LLC acquired a new position in shares of Trane Technologies during the 3rd quarter worth $32,000. Finally, Physician Wealth Advisors Inc. boosted its position in shares of Trane Technologies by 192.6% in the 1st quarter. Physician Wealth Advisors Inc. now owns 79 shares of the company’s stock worth $33,000 after buying an additional 52 shares in the last quarter. 82.97% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently commented on TT. Royal Bank Of Canada increased their price objective on shares of Trane Technologies from $440.00 to $501.00 and gave the company a “sector perform” rating in a research note on Friday, May 1st. Barclays upped their price target 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. KeyCorp increased their price target on shares of Trane Technologies from $525.00 to $555.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Sanford C. Bernstein set a $555.00 price objective on shares of Trane Technologies in a research note on Thursday, July 9th. Finally, Evercore initiated coverage on Trane Technologies in a research report on Monday, April 13th. They set an “outperform” rating and a $535.00 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Trane Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $520.71.

Read Our Latest Research Report on Trane Technologies

Trending Headlines about Trane Technologies

Here are the key news stories impacting Trane Technologies this week:

  • Positive Sentiment: Q2 results exceeded expectations. Adjusted EPS rose 11% year over year to $4.31, ahead of the $4.27 consensus estimate, while revenue increased 10.6% to $6.35 billion versus expectations of $6.20 billion. Trane Technologies Q2 Earnings and Revenues Beat Estimates
  • Positive Sentiment: Demand indicators were particularly strong. Bookings surged 39% year over year, or 37% organically, to $7.82 billion. Management pointed to solid commercial HVAC demand, a record backlog and stronger bookings as support for continued growth. Trane Technologies Reports Strong Second Quarter Results
  • Positive Sentiment: Full-year guidance was raised. Trane now expects 2026 adjusted EPS of $15.20-$15.30, above the $14.90 analyst consensus, and revenue of approximately $23.8 billion versus the $23.4 billion consensus. Trane Technologies Raises Full-Year Forecast
  • Neutral Sentiment: The earnings call reinforced the outlook. Management discussed the company’s operating performance, commercial HVAC demand and growth opportunities, while investors will look for further details on backlog conversion, margins and execution in coming quarters. Trane Technologies Q2 2026 Earnings Call Transcript
  • Negative Sentiment: Market reaction was subdued. The shares decreased even after the earnings and guidance beats, suggesting investors may have been taking profits or requiring stronger upside relative to expectations. Trane trades at roughly 34 times earnings, and its share price remains below its 50-day moving average, potentially adding technical pressure.

Trane Technologies Trading Down 1.0%

Trane Technologies stock opened at $442.11 on Friday. The stock has a 50-day moving average price of $470.86 and a 200 day moving average price of $452.58. Trane Technologies plc has a 52 week low of $348.06 and a 52 week high of $505.87. The stock has a market cap of $97.73 billion, a PE ratio of 34.19, a P/E/G ratio of 2.06 and a beta of 1.19. 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:TTGet Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $4.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.27 by $0.04. The company had revenue of $6.35 billion for the quarter, compared to analysts’ expectations of $6.20 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 10.6% compared to the same quarter last year. During the same period last year, the company earned $3.88 EPS. Trane Technologies has set its FY 2026 guidance at 15.200-15.300 EPS. Equities research analysts predict that Trane Technologies plc will post 14.89 earnings per share for the current fiscal year.

Trane Technologies Dividend Announcement

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

See Also

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Institutional Ownership by Quarter for Trane Technologies (NYSE:TT)

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