Franklin Resources Inc. Sells 221,156 Shares of Trane Technologies plc $TT

Franklin Resources Inc. cut its position in Trane Technologies plc (NYSE:TT) by 10.9% during the third quarter, Holdings Channel.com reports. The institutional investor owned 1,816,792 shares of the company’s stock after selling 221,156 shares during the quarter. Franklin Resources Inc.’s holdings in Trane Technologies were worth $766,607,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in shares of Trane Technologies by 60.0% in the fourth quarter. Brighton Jones LLC now owns 6,194 shares of the company’s stock valued at $2,288,000 after acquiring an additional 2,323 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in shares of Trane Technologies by 22.4% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,665 shares of the company’s stock worth $728,000 after acquiring an additional 305 shares in the last quarter. Schnieders Capital Management LLC. bought a new stake in Trane Technologies during the 2nd quarter worth approximately $227,000. Penserra Capital Management LLC increased its holdings in Trane Technologies by 39.9% during the 2nd quarter. Penserra Capital Management LLC now owns 1,542 shares of the company’s stock valued at $673,000 after purchasing an additional 440 shares in the last quarter. Finally, AE Wealth Management LLC increased its holdings in Trane Technologies by 33.3% during the 2nd quarter. AE Wealth Management LLC now owns 2,808 shares of the company’s stock valued at $1,228,000 after purchasing an additional 701 shares in the last quarter. 82.97% of the stock is owned by institutional investors.

Trending Headlines about Trane Technologies

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

• Positive Sentiment: Quarterly results topped expectations (EPS and revenue marginally above consensus), supporting near‑term earnings visibility and multiple expansion. MarketBeat TT Company Page
• Positive Sentiment: Board approved a higher quarterly dividend (raised to $1.05 per share), which increases yield and signals confidence in cash flow and capital return policy. MarketBeat Dividend Item
• Positive Sentiment: Product/market expansion: Trane launched an HSAG air‑cooled magnetic‑bearing chiller aimed at Asia‑Pacific data center growth — a growth market with attractive aftermarket and service upside. Tridto: HSAG Chiller Launch
• Positive Sentiment: Commercial expansion: Company is expanding heat‑protection offerings in emerging markets, which could support incremental revenue and services growth in hotter, higher‑demand regions. Yahoo Finance: Heat Protection Expansion
• Neutral Sentiment: Analyst coverage remains broadly constructive (mix of Buy/Hold) with a consensus price target above current levels — helpful context but already priced into shares. MarketBeat Analyst Summary
• Negative Sentiment: CEO David S. Regnery sold 36,045 shares (~$15.2M at ~$422.7), a meaningful reduction in his position that investors may view as a negative signal on insider conviction. SEC Filing: CEO Sale
• Negative Sentiment: Other insider sales: Donald E. Simmons sold 3,762 shares and CAO Elizabeth Elwell sold 635 shares on the same day — additional insider selling that could increase short‑term volatility or investor concern. SEC Filing: Simmons Sale SEC Filing: Elwell Sale

Trane Technologies Stock Up 1.4%

NYSE TT opened at $433.46 on Wednesday. The stock has a market capitalization of $95.94 billion, a P/E ratio of 33.39, a price-to-earnings-growth ratio of 2.25 and a beta of 1.19. Trane Technologies plc has a 52 week low of $298.15 and a 52 week high of $479.37. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.92 and a current ratio of 1.25. The stock has a fifty day moving average of $424.27 and a 200-day moving average of $417.09.

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

Trane Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 6th will be given a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Friday, March 6th. This is a boost from Trane Technologies’s previous quarterly dividend of $0.94. Trane Technologies’s dividend payout ratio is currently 32.36%.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. UBS Group reduced 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. Morgan Stanley lowered their target price on Trane Technologies from $550.00 to $535.00 and set an “overweight” rating for the company in a research note on Tuesday, January 13th. JPMorgan Chase & Co. upped their price target on shares of Trane Technologies from $434.00 to $460.00 and gave the stock a “neutral” rating in a research report on Friday, January 30th. Melius Research raised shares of Trane Technologies from a “hold” rating to a “buy” rating and set a $490.00 price objective on the stock in a report on Wednesday, January 7th. Finally, Royal Bank Of Canada raised their price objective on shares of Trane Technologies from $469.00 to $470.00 and gave the company a “sector perform” rating in a research report on Friday, January 30th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Trane Technologies currently has an average rating of “Moderate Buy” and an average target price of $484.67.

Insider Buying and Selling at Trane Technologies

In related news, insider Donald E. Simmons sold 3,762 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $422.70, for a total transaction of $1,590,197.40. Following the completion of the sale, the insider directly owned 3,819 shares of the company’s stock, valued at $1,614,291.30. The trade was a 49.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CAO Elizabeth A. Elwell sold 635 shares of the stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $422.70, for a total transaction of $268,414.50. Following the completion of the transaction, the chief accounting officer owned 7,100 shares in the company, valued at $3,001,170. This represents a 8.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 49,378 shares of company stock worth $21,228,464 over the last quarter. Company insiders own 0.14% of the company’s stock.

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.