Trane Technologies plc (TT)
| Market Cap | 104.46B +8.3% |
| Revenue (ttm) | 21.60B +6.4% |
| Net Income | 2.90B +5.9% |
| EPS | 12.93 +7.5% |
| Shares Out | 221.06M |
| PE Ratio | 36.08 |
| Forward PE | 30.81 |
| Dividend | $4.20 (0.89%) |
| Ex-Dividend Date | Sep 4, 2026 |
| Volume | 1,334,202 |
| Open | 468.12 |
| Previous Close | 458.25 |
| Day's Range | 463.48 - 477.46 |
| 52-Week Range | 348.06 - 503.47 |
| Beta | 1.21 |
| Analysts | Buy |
| Price Target | 521.51 (+10.36%) |
| Earnings Date | Jul 29, 2026 |
About TT
Trane Technologies plc designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, and custom and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps; chillers; coils and condensers; auxiliary power, cold storage, and condensing units; controls contracting and commissioning, decarbonization programs, and gensets; dehumidifiers; energy and water efficiency programs; energy recovery ventilators and power solutions; energy storag... [Read more]
Financial Performance
In 2025, Trane Technologies's revenue was $21.32 billion, an increase of 7.48% compared to the previous year's $19.84 billion. Earnings were $2.92 billion, an increase of 13.66%.
Financial StatementsAnalyst Summary
According to 26 analysts, the average rating for TT stock is "Buy." The 12-month stock price target is $521.51, which is an increase of 10.36% from the latest price.
News
Trane Technologies Names Donny Simmons as Chief Operating Officer
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, today announced the appointment of Donny Simmons as Chief Operating Officer (COO), reporting to Chair and C...
Trane names Donald Simmons as COO, effective July 1
In a regulatory filing, the company said, “On June 4, 2026, the Board of Directors of Trane (TT) Technologies appointed Donald Simmons as Executive Vice President and Chief Operating Officer…
Trane initiated with an Outperform at Bernstein
Bernstein initiated coverage of Trane (TT) with an Outperform rating and $550 price target The names Trane its top pick among the HVAC names. The company is best positioned to…
Trane Technologies Scales Sustainability Through Climate Innovation, Circularity and Workforce Development
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, is advancing sustainable and energy-efficient solutions for buildings, industry and the cold chain while co...
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 $1.05 per ordinary share, or $4.20 per share ...
Nvidia Is Giving These 6 Stocks a Boost. Not One Is a Chip Maker.
More powerful AI chips need liquid cooling. That's a boon for these companies.
Trane Technologies Recognized for Sustainability Leadership by Dow Jones and Financial Times
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been recognized for continued leadership in sustainability and climate innovation through inclusion on t...
Forget chips, liquid cooling may be the next big AI trade: these stocks are leading
The rapid expansion of artificial intelligence is creating a new investment opportunity beyond semiconductors and cloud computing as soaring energy demand in data centers drives growing interest in li...
Trane Technologies Transcript: 19th Annual Global Transportation & Industrials Conference
Bookings and backlog surged in Q1, prompting raised guidance and expectations for strong second-half growth, especially in commercial HVAC. Strategic acquisitions like Stellar Energy and LiquidStack are expanding capabilities in data centers and modular solutions, while operational changes and hedging strategies support margin protection.
Trane Technologies Opens Global AI Lab and Showroom, Accelerating the Future of Autonomous Buildings
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, today unveiled the BrainBox AI Trane Technologies AI Lab and showroom in Montréal, Canada. The grand openin...
Trane price target raised to $475 from $460 at JPMorgan
JPMorgan raised the firm’s price target on Trane (TT) to $475 from $460 and keeps a Neutral rating on the shares. The firm updated the company’s model post the Q1…
Trane Technologies Transcript: Bank of America’s 33th Annual Industrials, Transportation and Airlines Key Leaders Conference
Inflation and tariffs are driving price adjustments, but guidance remains strong with 7% revenue and 13%-15% EPS growth. Data center and applied HVAC bookings are robust, supported by acquisitions and service expansion. Residential and transport segments show improving trends, while service revenue continues to grow at a double-digit rate.
AI Data Centers Need to Stay Cool. These Stocks Could Benefit.
Carrier, Trane, Vertiv, Eaton, and other companies are seeing a surge in demand as AI data centers require more advanced cooling technology.
Trane Technologies Transcript: Oppenheimer 21st Annual Industrial Growth Virtual Conference
Strong Q1 results and record backlog set the stage for accelerated growth in H2 and 2026. Modular solutions and data center demand drive investments, while service and digital enhancements boost productivity and margins. Regional strength is broad-based, with ongoing innovation and capacity expansion.
Trane Technologies to Present at the Bank of America Industrials, Transportation & Airlines Key Leaders 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 Indus...
Trane Technologies to Present at the Wolfe Research Global Transportation & 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 Wolfe Research Global...
Trane price target raised to $565 from $535 at Morgan Stanley
Morgan Stanley analyst Christopher Snyder raised the firm’s price target on Trane (TT) to $565 from $535 and keeps an Overweight rating on the shares. Demand trends are improving into…
Trane price target raised to $515 from $505 at Baird
Baird analyst Timothy Wojs raised the firm’s price target on Trane (TT) to $515 from $505 and keeps a Neutral rating on the shares. The firm updated its model following…
Trane price target raised to $560 from $535 at Evercore ISI
Evercore ISI raised the firm’s price target on Trane (TT) to $560 from $535 and keeps an Outperform rating on the shares.
Trane price target raised to $475 from $425 at Mizuho
Mizuho analyst Brett Linzey raised the firm’s price target on Trane (TT) to $475 from $425 and keeps a Neutral rating on the shares.
Trane price target raised to $530 from $500 at Oppenheimer
Oppenheimer analyst Noah Kaye raised the firm’s price target on Trane (TT) to $530 from $500 and keeps an Outperform rating on the shares. The firm notes shares traded up…
Trane price target raised to $555 from $525 at KeyBanc
KeyBanc raised the firm’s price target on Trane (TT) to $555 from $525 and keeps an Overweight rating on the shares following quarterly results. While the firm thinks Residential market…
Trane price target raised to $570 from $525 at Citi
Citi raised the firm’s price target on Trane (TT) to $570 from $525 and keeps a Buy rating on the shares following the earnings report. Trane is seeing a continuation…