Hennion & Walsh Asset Management Inc. Trims Holdings in Trane Technologies plc $TT

Posted by George Bondi on Aug 9th, 2026

Hennion & Walsh Asset Management Inc. lowered its stake in shares of Trane Technologies plc (NYSE:TT – Free Report) by 16.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,060 shares of the company’s stock after selling 3,040 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Trane Technologies were worth $7,397,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Valeo Financial Advisors LLC grew its holdings in Trane Technologies by 15.4% during the 2nd quarter. Valeo Financial Advisors LLC now owns 1,214 shares of the company’s stock worth $596,000 after acquiring an additional 162 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Trane Technologies by 6.4% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,542 shares of the company’s stock valued at $757,000 after purchasing an additional 93 shares in the last quarter. Trust Point Inc. raised its stake in shares of Trane Technologies by 255.8% in the 2nd quarter. Trust Point Inc. now owns 4,497 shares of the company’s stock valued at $2,209,000 after purchasing an additional 3,233 shares in the last quarter. First Heartland Consultants Inc. bought a new position in shares of Trane Technologies during the second quarter worth about $276,000. Finally, TrueWealth Advisors LLC grew its stake in Trane Technologies by 3.8% in the second quarter. TrueWealth Advisors LLC now owns 2,024 shares of the company’s stock worth $994,000 after purchasing an additional 75 shares in the last quarter. Institutional investors own 82.97% of the company’s stock.

Trane Technologies Stock Performance

Shares of NYSE TT opened at $482.22 on Friday. The company has a quick ratio of 0.76, a current ratio of 1.07 and a debt-to-equity ratio of 0.45. The firm’s 50-day moving average price is $473.07 and its two-hundred day moving average price is $455.70. Trane Technologies plc has a 52-week low of $348.06 and a 52-week high of $505.87. The stock has a market capitalization of $106.10 billion, a P/E ratio of 36.53, a P/E/G ratio of 2.12 and a beta of 1.19.

Trane Technologies (NYSE:TT – Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported $4.31 EPS for the quarter, beating the consensus estimate of $4.27 by $0.04. The company had revenue of $6.35 billion during the quarter, compared to analyst estimates of $6.20 billion. Trane Technologies had a return on equity of 35.72% and a net margin of 13.28%.The business’s revenue was up 10.6% compared to the same quarter last year. During the same period in the prior year, the company earned $3.88 earnings per share. Trane Technologies has set its FY 2026 guidance at 15.200-15.300 EPS. As a group, sell-side analysts forecast that Trane Technologies plc will post 15.31 earnings per share for the current year.

Trane Technologies Dividend Announcement

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

Insiders Place Their Bets

In other Trane Technologies news, CEO David S. Regnery sold 43,778 shares of the stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $475.00, for a total value of $20,794,550.00. Following the sale, the chief executive officer directly owned 96,950 shares of the company’s stock, valued at $46,051,250. This trade represents a 31.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have issued reports on TT shares. BNP Paribas Exane started coverage on Trane Technologies in a research note on Tuesday, April 14th. They set an “outperform” rating and a $550.00 price objective on the stock. Evercore began coverage on Trane Technologies in a research report on Monday, April 13th. They issued an “outperform” rating and a $535.00 target price for the company. Citigroup lowered their price target on Trane Technologies from $570.00 to $566.00 and set a “buy” rating for the company in a report on Friday, July 31st. Barclays upped their price target on Trane Technologies from $507.00 to $585.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Finally, KeyCorp lifted their price objective on shares of Trane Technologies from $525.00 to $555.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $520.07.

Check Out Our Latest Analysis on Trane Technologies

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.