Trane Technologies plc (NYSE:TT) Stock Has Average Target Price of $535.89

Posted by Brenda Bartman on Nov 8th, 2026

Trane Technologies plc (NYSE:TT – Get Free Report) has earned a consensus rating of “Moderate Buy” from the twenty analysts that are presently covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $535.89.

TT has been the topic of a number of recent research reports. Citigroup dropped their price objective on shares of Trane Technologies from $566.00 to $549.00 and set a “buy” rating on the stock in a research note on Monday, November 2nd. Sanford C. Bernstein boosted their price objective on shares of Trane Technologies from $555.00 to $575.00 and gave the stock an “outperform” rating in a research note on Friday, August 14th. The Goldman Sachs Group upgraded Trane Technologies from a “neutral” rating to a “buy” rating and upped their target price for the stock from $548.00 to $565.00 in a report on Wednesday, October 14th. Argus set a $500.00 target price on Trane Technologies in a research report on Friday, October 30th. Finally, BNP Paribas Exane lifted their price target on Trane Technologies from $560.00 to $575.00 and gave the company an “outperform” rating in a report on Friday, July 31st.

Get Our Latest Analysis on TT

Insider Transactions at Trane Technologies

In other Trane Technologies news, CEO David Regnery sold 48,091 shares of Trane Technologies 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 transaction, the chief executive officer owned 96,951 shares in the company, valued at $46,536,480. The trade was a 33.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 owned by company insiders.

Institutional Investors Weigh In On Trane Technologies

Several institutional investors have recently bought and sold shares of the company. Amundi increased its position in shares of Trane Technologies by 47.8% during the first quarter. Amundi now owns 2,174,396 shares of the company’s stock worth $906,158,000 after purchasing an additional 703,018 shares in the last quarter. Janus Henderson Group PLC lifted its holdings in shares of Trane Technologies by 10.6% during the 1st quarter. Janus Henderson Group PLC now owns 1,878,018 shares of the company’s stock valued at $782,707,000 after purchasing an additional 180,537 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Trane Technologies by 3.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,035,241 shares of the company’s stock worth $431,347,000 after purchasing an additional 32,286 shares in the last quarter. Ninety One UK Ltd boosted its position in shares of Trane Technologies by 0.4% in the 3rd quarter. Ninety One UK Ltd now owns 926,668 shares of the company’s stock worth $418,835,000 after purchasing an additional 3,624 shares in the last quarter. Finally, California Public Employees Retirement System grew its stake in Trane Technologies by 51.9% during the 1st quarter. California Public Employees Retirement System now owns 686,691 shares of the company’s stock worth $286,172,000 after buying an additional 234,666 shares during the last quarter. 82.97% of the stock is currently owned by institutional investors and hedge funds.

Trane Technologies Stock Up 2.4%

Shares of Trane Technologies stock opened at $401.98 on Tuesday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.12 and a quick ratio of 0.79. The stock has a market cap of $87.99 billion, a price-to-earnings ratio of 28.39, a PEG ratio of 1.89 and a beta of 1.19. The firm’s 50-day moving average is $445.69 and its two-hundred day moving average is $454.46. Trane Technologies has a 1 year low of $348.06 and a 1 year high of $505.87.

Trane Technologies (NYSE:TT – Get Free Report) last posted its quarterly earnings results on Thursday, October 29th. The company reported $4.86 EPS for the quarter, beating the consensus estimate of $4.74 by $0.12. Trane Technologies had a net margin of 13.56% and a return on equity of 37.26%. The business had revenue of $6.76 billion during the quarter, compared to analyst estimates of $6.50 billion. During the same quarter in the previous year, the business posted $3.88 EPS. The company’s quarterly revenue was up 17.7% compared to the same quarter last year. As a group, research analysts expect that Trane Technologies will post 15.29 earnings per share for the current fiscal year.

Trane Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Friday, December 4th will be given a dividend of $1.05 per share. The ex-dividend date of this dividend is Friday, December 4th. This represents a $4.20 dividend on an annualized basis and a yield of 1.0%. Trane Technologies’s dividend payout ratio (DPR) is presently 29.66%.

About Trane Technologies

(Get Free Report)

Trane Technologies plc is a global climate innovator that designs, manufactures, and services heating, ventilation, air conditioning, and refrigeration systems. Its products and services support commercial buildings, homes, and transportation applications, including temperature-controlled shipping.

The company’s portfolio includes the Trane brand of HVAC systems and building services, as well as Thermo King equipment for transport refrigeration and climate control. It also offers building controls, energy-efficiency solutions, system maintenance, and related services.

Trane Technologies was formed in 2020 when Ingersoll Rand completed the spin-off of its industrial businesses and adopted the Trane Technologies name.