Trane Technologies (NYSE:TT) Given New $400.00 Price Target at Wells Fargo & Company

Trane Technologies (NYSE:TT) had its price objective upped by Wells Fargo & Company from $375.00 to $400.00 in a report published on Friday,Benzinga reports. They currently have an underweight rating on the stock.

A number of other analysts have also recently commented on the company. KeyCorp raised Trane Technologies from a “sector weight” rating to an “overweight” rating and set a $500.00 price target for the company in a research note on Monday, December 15th. Barclays lowered their target price on shares of Trane Technologies from $506.00 to $505.00 and set an “overweight” rating for the company in a research note on Wednesday, January 7th. Bank of America raised shares of Trane Technologies from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $490.00 to $550.00 in a research report on Thursday, November 13th. Citigroup upped their price objective on shares of Trane Technologies from $494.00 to $513.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Finally, UBS Group dropped their price objective on Trane Technologies from $544.00 to $520.00 and set a “buy” rating on the stock in a research note on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $484.67.

Trane Technologies Price Performance

TT opened at $420.34 on Friday. The company has a fifty day moving average price of $396.23 and a two-hundred day moving average price of $414.95. The firm has a market capitalization of $93.21 billion, a PE ratio of 32.38, a P/E/G ratio of 2.14 and a beta of 1.21. Trane Technologies has a 52 week low of $298.15 and a 52 week high of $476.18. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.84 and a current ratio of 1.25.

Trane Technologies (NYSE:TT) last posted its quarterly 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 company had revenue of $5.14 billion for the quarter, compared to the consensus estimate of $5.09 billion. During the same quarter in the prior year, the business posted $2.61 EPS. The firm’s quarterly revenue was up 5.6% on a year-over-year basis. As a group, analysts anticipate that Trane Technologies will post 12.83 earnings per share for the current year.

Institutional Trading of Trane Technologies

A number of institutional investors have recently modified their holdings of TT. Icon Advisers Inc. Co. acquired a new position in Trane Technologies during the 2nd quarter worth approximately $26,000. Financial Consulate Inc. bought a new stake in shares of Trane Technologies in the third quarter worth $25,000. Ameriflex Group Inc. acquired a new position in Trane Technologies during the second quarter worth $28,000. Hantz Financial Services Inc. grew its position in Trane Technologies by 1,016.7% in the second quarter. Hantz Financial Services Inc. now owns 67 shares of the company’s stock valued at $29,000 after purchasing an additional 61 shares in the last quarter. Finally, United Community Bank increased its stake in 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 buying an additional 43 shares during the last quarter. 82.97% of the stock is currently owned by institutional investors.

Key Trane Technologies News

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

• Positive Sentiment: Q4 results: TT reported better-than-expected Q4 revenue and adjusted EPS, highlighted record bookings and a growing backlog that management says provides strong visibility into 2026. This is the main fundamental driver behind today’s bullish analyst moves. BusinessWire: Q4 Results
• Positive Sentiment: Citigroup raised its price target to $525 with a Buy rating (largest implied upside among brokers noted), signalling strong buy-side conviction following the quarter. Benzinga: Citi PT Raise
• Positive Sentiment: Barclays lifted its target to $507 and kept an Overweight call, another bullish endorsement supporting upside potential. Benzinga: Barclays PT Raise
• Positive Sentiment: Oppenheimer bumped its target to $468 and maintained an Outperform view, reinforcing the upgrade momentum from sell‑side analysts. Benzinga: Oppenheimer PT Raise
• Neutral Sentiment: Guidance: TT updated FY‑2026 guidance to EPS 14.65–14.85 (roughly in line with consensus) and raised revenue guidance to ~$23.1–23.4B (slightly above consensus) — supportive but not a large surprise. TT FY2026 Guidance
• Neutral Sentiment: RBC raised its target to $470 but kept a “sector perform” rating — a modest endorsement that’s positive for price targets but not a clear buy signal. Benzinga: RBC PT Raise
• Neutral Sentiment: JPMorgan increased its target to $460 but kept a Neutral rating, signaling respect for the quarter without upgrading conviction. Benzinga: JPM PT Raise
• Negative Sentiment: Wells Fargo moved its target to $400 and retained an Underweight call, the notable bearish voice among brokers and a likely contributor to intraday selling pressure. Benzinga: Wells Fargo Call

Trane Technologies Company Profile

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.