Trane Technologies plc (TT)

NYSE: TT · IEX Real-Time Price · USD
330.06
+3.42 (1.05%)
At close: May 14, 2024, 4:00 PM
330.05
-0.01 (0.00%)
After-hours: May 14, 2024, 7:50 PM EDT
1.05%
Market Cap 74.71B
Revenue (ttm) 18.23B
Net Income (ttm) 2.15B
Shares Out 226.35M
EPS (ttm) 9.36
PE Ratio 35.26
Forward PE 30.61
Dividend $3.36 (1.02%)
Ex-Dividend Date Jun 7, 2024
Volume 861,387
Open 327.76
Previous Close 326.64
Day's Range 325.33 - 331.01
52-Week Range 162.04 - 335.28
Beta 1.20
Analysts Buy
Price Target 296.64 (-10.13%)
Earnings Date Apr 30, 2024

About TT

Trane Technologies plc, together with its subsidiaries, designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, custom, and custom and transport refrigeration in Ireland and internationally. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps, auxiliary power units; chillers; coils and condensers; gensets; dehumidifiers; ductless; furnaces; home automation products; humidifiers; indoor air quality assessments and related products; large and light ... [Read more]

Sector Industrials
Founded 1885
Employees 40,000
Stock Exchange NYSE
Ticker Symbol TT
Full Company Profile

Financial Performance

In 2023, TT's revenue was $17.68 billion, an increase of 10.54% compared to the previous year's $15.99 billion. Earnings were $2.02 billion, an increase of 15.22%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for TT stock is "Buy." The 12-month stock price forecast is $296.64, which is a decrease of -10.13% from the latest price.

Price Target
$296.64
(-10.13% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Can Stocks Picked by Artificial Intelligence Beat the Market? 3 Stocks to Watch

An artificial intelligence stock-picking platform identifying high-potential equities has been sharp in the past. Here are three of its top stocks to watch over the next few months.

Other symbols: CRBGDECK
11 hours ago - Kiplinger

Trane Technologies Accelerates Growth through Leading Sustainability Performance

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, is accelerating growth and delivering continued, industry-leading financial performance while advancing the...

19 hours ago - Business Wire

Range Energy and Thermo King Collaborate to Advance the Commercial Adoption of Electric Refrigerated Trailers in the Americas

MOUNTAIN VIEW, Calif. & MINNEAPOLIS--(BUSINESS WIRE)--Range Energy (Range), the hardware company bringing powered trailers to the commercial trucking market, and Thermo King, a leader in sustainable t...

5 days ago - Business Wire

Trane Technologies and the U.S. Department of Energy Partner to Advance Building Decarbonization in New Heat Pump Technology Challenge

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, today announced its participation in the U.S. Department of Energy's (DOE) Commercial Building Heat Pump Te...

6 days ago - Business Wire

The Non-Tech Trade: Finding Names Outside of Tech Sector

We're looking for the stocks that have the best chance of surprising the street, notes Todd Gervasini. He discusses finding names outside of the tech sector.

Other symbols: TAP
8 days ago - Schwab Network

Trane Technologies to Present at the Bank of America Transportation, Airlines, and Industrials Conference

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE: TT) a global climate innovator, today announced that company leadership will participate in a fireside chat at the Bank of America Trans...

12 days ago - Business Wire

Trane Technologies Reports Strong First Quarter Results and Raises 2024 Revenue and EPS Guidance

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, today reported diluted earnings per share (EPS) from continuing operations of $1.92 for the first quarte...

14 days ago - Business Wire

Trane Technologies Recognized as One of Europe's Climate Leaders by Financial Times

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been named to the Financial Times Europe's Climate Leaders list for the fourth consecutive year. This ye...

19 days ago - Business Wire

Range Energy and Thermo King Collaborate to Advance the Commercial Adoption of Electric Refrigerated Trailers

MOUNTAIN VIEW, Calif. & MINNEAPOLIS--(BUSINESS WIRE)--Range Energy (Range), the hardware company bringing powered trailers to the commercial trucking market, and Thermo King, a leader in sustainable t...

5 weeks ago - Business Wire

Trane Technologies Schedules First Quarter 2024 Earnings Conference Call

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, will host a conference call to discuss its first quarter 2024 financial results on Tuesday, April 30, 20...

5 weeks ago - Business Wire

Trane Technologies Declares Quarterly Dividend

SWORDS, Ireland--(BUSINESS WIRE)--The Board of Directors of Trane Technologies plc (NYSE:TT), a global climate innovator, declared a quarterly dividend of $0.84 per ordinary share, or $3.36 per share ...

5 weeks ago - Business Wire

Trane Technologies Announces Completely New Residential HVAC Product Portfolio

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, today announced its new residential product portfolio with innovative design upgrades to its highly efficie...

7 weeks ago - Business Wire

Trane Technologies to Present at the J.P. Morgan Industrials Conference

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE: TT) a global climate innovator, today announced that company leadership will participate in a fireside chat at the J.P. Morgan Industria...

2 months ago - Business Wire

Trane Technologies Named One of the 2024 World's Most Ethical Companies® by Ethisphere

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has received the 2024 World's Most Ethical Companies® recognition by Ethisphere, a global leader in defining...

2 months ago - Business Wire

Trane Technologies, EU Parliament and Commission Officials & Cold Chain Partners Call for Accelerated Food Loss Solutions

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, co-developed a round table event at the European Parliament on Advancing Food Loss Technologies and Policies...

3 months ago - Business Wire

Trane Technologies Increases Dividend by 12 Percent

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, announced the Board of Directors has approved a 12% increase to the dividend, resulting in a quarterly d...

3 months ago - Business Wire

Trane Technologies Named to JUST 100, Fortune World's Most Admired Companies and CDP's A List

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been named to the 2024 JUST 100 and Fortune Magazine's 2024 list of the World's Most Admired Companies. ...

3 months ago - Business Wire

Trane Technologies to Present at the Citi Global Industrial Tech and Mobility Conference

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE: TT) a global climate innovator, today announced that company leadership will participate in a fireside chat at the Citi Global Tech and ...

3 months ago - Business Wire

Trane Technologies to Present at the Barclays Industrial Select Conference

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE: TT) a global climate innovator, today announced that company leadership will participate in a fireside chat at the Barclays Industrial S...

3 months ago - Business Wire

Trane Technologies beats quarterly profit estimates on higher demand

Trane Technologies surpassed quarterly profit estimates on Thursday, buoyed by higher demand for its heating and air-conditioning systems in commercial buildings across the Americas and EMEA segments.

3 months ago - Reuters

Trane Technologies Reports Strong Fourth-Quarter and Full-Year 2023 Results; Robust Bookings and Backlog Provide Strong Visibility Entering 2024

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, today reported diluted earnings per share (EPS) from continuing operations of $2.23 for the fourth quart...

3 months ago - Business Wire

Trane Technologies Recognized for Sustainability Performance with Inclusion on Corporate Knights' Global 100

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been named to Corporate Knights' 2024 Global 100, recognized as the leader in the Building Products indu...

4 months ago - Business Wire

Trane® by Trane Technologies Named America's Most Trusted® HVAC Brand for the 10th Consecutive Year

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, is pleased to announce that Trane® has been named the top residential HVAC brand in Lifestory Research's Ame...

4 months ago - Business Wire

Trane Technologies Schedules Fourth Quarter 2023 Earnings Conference Call

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, will host a conference call to discuss its fourth quarter 2023 financial results on Thursday, February 1...

4 months ago - Business Wire

The Wall Street Journal Names Trane Technologies One of the Best-Managed Companies of 2023

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been selected to The Wall Street Journal's list of the Best-Managed Companies for the third consecutive ...

5 months ago - Business Wire