Trane Technologies (NYSE:TT) CFO Christopher Kuehn Sells 2,389 Shares

Trane Technologies plc (NYSE:TT) CFO Christopher Kuehn sold 2,389 shares of Trane Technologies stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $462.70, for a total transaction of $1,105,390.30. Following the sale, the chief financial officer directly owned 60,486 shares of the company’s stock, valued at $27,986,872.20. This represents a 3.80% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Trane Technologies Stock Up 2.4%

Shares of NYSE TT opened at $472.37 on Thursday. Trane Technologies plc has a 52-week low of $298.15 and a 52-week high of $476.18. The firm has a market capitalization of $104.55 billion, a price-to-earnings ratio of 36.39, a PEG ratio of 2.43 and a beta of 1.21. The stock has a 50 day moving average price of $401.52 and a 200 day moving average price of $414.57. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.92 and a current ratio of 1.25.

Trane Technologies (NYSE:TT) last issued its earnings results on Thursday, January 29th. The company reported $2.86 earnings per share for the quarter, beating analysts’ consensus estimates of $2.81 by $0.05. Trane Technologies had a return on equity of 36.34% and a net margin of 13.69%.The business had revenue of $5.14 billion during the quarter, compared to analyst estimates of $5.09 billion. During the same period in the previous year, the company posted $2.61 EPS. Trane Technologies’s revenue was up 5.6% on a year-over-year basis. Sell-side analysts expect that Trane Technologies plc will post 12.83 earnings per share for the current year.

Trane Technologies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 6th will be paid a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a yield of 0.9%. This is a boost from Trane Technologies’s previous quarterly dividend of $0.94. The ex-dividend date of this dividend is Friday, March 6th. Trane Technologies’s payout ratio is currently 32.36%.

Wall Street Analyst Weigh In

TT has been the subject of several recent research reports. Royal Bank Of Canada boosted their price target on shares of Trane Technologies from $469.00 to $470.00 and gave the company a “sector perform” rating in a report on Friday, January 30th. UBS Group cut their price objective on shares of Trane Technologies from $544.00 to $520.00 and set a “buy” rating on the stock in a report on Monday, January 5th. KeyCorp raised shares of Trane Technologies from a “sector weight” rating to an “overweight” rating and set a $500.00 price objective for the company in a research note on Monday, December 15th. Morgan Stanley dropped their target price on Trane Technologies from $550.00 to $535.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 13th. Finally, Oppenheimer lifted their price target on Trane Technologies from $460.00 to $468.00 and gave the company an “outperform” rating in a report on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $484.67.

Key Trane Technologies News

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

• Positive Sentiment: Announced acquisition of LiquidStack to add high‑density liquid cooling for data centers — expands Trane’s exposure to generative AI and hyperscale computing demand, strengthening the company’s end‑to‑end thermal management roadmap and potential revenue/margin upside. Article Title
• Positive Sentiment: Positive investor/coverage piece highlighting bullish views on Trane’s prospects — can reinforce buy interest and support multiple expansion given TT’s exposure to HVAC, electrification and now data‑center cooling. This investor loves Trane Technologies
• Negative Sentiment: CEO David S. Regnery sold 5,588 shares at an average ~$462.60 (~$2.59M), reducing his holding by ~5.45% — a large-dollar insider sale that can be perceived negatively even though he remains a significant shareholder. SEC Filing
• Negative Sentiment: CFO Christopher J. Kuehn sold 2,389 shares at an average ~$462.70 (~$1.11M), a ~3.8% cut to his stake — meaningful insider liquidity from a senior officer. SEC Filing
• Negative Sentiment: Donald E. Simmons sold 822 shares at an average ~$462.57 (~$380k), a 17.7% reduction in his holding — size is smaller but the percentage cut is large. SEC Filing
• Negative Sentiment: CAO Elizabeth A. Elwell sold 137 shares at an average ~$462.48 (~$63k), a small reduction (~1.89%) in ownership. SEC Filing

Hedge Funds Weigh In On Trane Technologies

Several hedge funds and other institutional investors have recently modified their holdings of TT. Financial Consulate Inc. purchased a new stake in Trane Technologies during the 3rd quarter worth approximately $25,000. Tucker Asset Management LLC acquired a new stake in shares of Trane Technologies during the fourth quarter worth $25,000. Icon Advisers Inc. Co. acquired a new stake in shares of Trane Technologies during the second quarter worth $26,000. Hantz Financial Services Inc. grew its holdings in shares of Trane Technologies by 1,016.7% during the second quarter. Hantz Financial Services Inc. now owns 67 shares of the company’s stock valued at $29,000 after buying an additional 61 shares during the last quarter. Finally, United Community Bank increased its position in shares of Trane Technologies by 134.4% in the 3rd quarter. United Community Bank now owns 75 shares of the company’s stock valued at $32,000 after acquiring an additional 43 shares during the period. 82.97% of the stock is owned by hedge funds and other institutional investors.

About Trane Technologies

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.