A number of research firms have changed their ratings and price targets for Trane Technologies (NYSE: TT):
- 8/9/2026 – Trane Technologies was downgraded by Wall Street Zen from “buy” to “hold”.
- 8/1/2026 – Trane Technologies was upgraded by Wall Street Zen from “hold” to “buy”.
- 7/31/2026 – Trane Technologies had its price target lowered by Citigroup Inc. from $570.00 to $566.00. They now have a “buy” rating on the stock.
- 7/31/2026 – Trane Technologies had its price target lowered by Royal Bank Of Canada from $501.00 to $496.00. They now have a “sector perform” rating on the stock.
- 7/17/2026 – Trane Technologies had its “buy (b)” rating reaffirmed by Weiss Ratings.
- 7/9/2026 – Trane Technologies was given a new $555.00 price target by Sanford C. Bernstein.
Trane Technologies Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, September 4th will be issued a $1.05 dividend. The ex-dividend date is Friday, September 4th. This represents a $4.20 annualized dividend and a yield of 0.9%. Trane Technologies’s dividend payout ratio (DPR) is presently 31.82%.
Insiders Place Their Bets
In other Trane Technologies news, CEO David S. Regnery sold 43,778 shares of Trane Technologies stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $475.00, for a total transaction of $20,794,550.00. Following the transaction, the chief executive officer directly owned 96,950 shares of the company’s stock, valued at $46,051,250. The trade was a 31.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is currently owned by company insiders.
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.
Featured Stories
- Five stocks we like better than Trane Technologies
- SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat
- 3 Dividend Champion Utilities for a Market That Can’t Sit Still
- These 3 Most-Upgraded Stocks Have Almost Nothing to Do With AI
- First Solar’s Profit Engine Faces a New Policy Test in Washington
Receive News & Ratings for Trane Technologies plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trane Technologies plc and related companies with MarketBeat.com's FREE daily email newsletter.
