Trane Technologies plc (TT)

NYSE: TT · Real-Time Price · USD
397.15
+7.96 (2.05%)
Jan 21, 2025, 4:00 PM EST - Market closed
2.05%
Market Cap 89.37B
Revenue (ttm) 19.39B
Net Income (ttm) 2.47B
Shares Out 225.02M
EPS (ttm) 10.77
PE Ratio 36.86
Forward PE 32.28
Dividend $3.36 (0.85%)
Ex-Dividend Date Dec 6, 2024
Volume 1,666,164
Open 393.69
Previous Close 389.19
Day's Range 391.19 - 398.14
52-Week Range 249.21 - 422.00
Beta 1.26
Analysts Buy
Price Target 405.27 (+2.05%)
Earnings Date Jan 30, 2025

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, Trane Technologies'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 15 analysts, the average rating for TT stock is "Buy." The 12-month stock price forecast is $405.27, which is an increase of 2.05% from the latest price.

Price Target
$405.27
(2.05% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Chillers Market Global Outlook 2025-2029, with Profiles of Daikin, Trane Technologies, Carrier, Smardt Chiller, Drake Refrigeration, PolyScience, LG Electronics, Dimplex Thermal Solutions and Thermax

Dublin, Jan. 15, 2025 (GLOBE NEWSWIRE) -- The "Chillers Market by Type, Medium, Capacity, End-Use Industry - Global Forecast to 2029" report has been added to ResearchAndMarkets.com's offering. The ch...

6 days ago - GlobeNewsWire

Trane Technologies: A Profitable Growth Stock For Green Investors

Trane Technologies is a profitable growth stock with a strong commitment to sustainability. Analysts expect double-digit earnings increases through 2026 and this analyst has a one-year price target of...

9 days ago - Seeking Alpha

Trane Technologies Schedules Fourth 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 fourth quarter 2024 financial results on Thursday, January 30...

12 days ago - Business Wire

Trane Technologies Completes Acquisition of BrainBox AI

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, announced that it has completed the acquisition of BrainBox AI, a pioneer in autonomous HVAC controls and g...

18 days ago - Business Wire

Trane Technologies Named to S&P Dow Jones Sustainability World and North America Indices

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been named to the S&P Dow Jones Sustainability World Index for the fourth consecutive year and the North...

4 weeks ago - Business Wire

Trane Technologies to Acquire BrainBox AI

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, announced that it has signed a definitive agreement to acquire BrainBox AI, a pioneer in autonomous HVAC co...

4 weeks ago - Business Wire

Mauro Atalla Joins Trane Technologies as Chief Technology and Sustainability Officer

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, announced the appointment of Mauro Atalla as Chief Technology and Sustainability Officer, effective January...

5 weeks ago - Business Wire

Trane Technologies Announces New $5 Billion Share Repurchase Program

SWORDS, Ireland--(BUSINESS WIRE)--The Board of Directors of Trane Technologies plc (NYSE:TT), a global climate innovator, authorized a new share repurchase program of up to $5 billion, to commence upo...

6 weeks ago - Business Wire

Trane Technologies Honored by TIME as a Global Leader in Sustainable Growth

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been recognized in TIME's inaugural ranking of the World's Best Companies for Sustainable Growth. Develo...

7 weeks ago - Business Wire

Trane Technologies to Present at the Goldman Sachs Industrials and Materials 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 Goldman Sachs Industr...

2 months ago - Business Wire

Trane Technologies to Present at the UBS Global Industrials and Transportation 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 UBS Global Industrial...

2 months ago - Business Wire

Trane Technologies and Autodesk Collaborate to Accelerate and Simplify Sustainable Building Design

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator and Autodesk, Inc. (NASDAQ: ADSK), a global leader in building information modeling (BIM) technology for the ...

Other symbols: ADSK
2 months ago - Business Wire

Trane Technologies Champions Decarbonization, Sustainable Cooling and Climate Policies at COP29

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, will underscore the critical need for decarbonizing the built environment and transport sectors, advocating ...

2 months ago - Business Wire

Trane Technologies Q3: Strong North America And Weak China

Trane's Q3 shows strong business growth in North America, alongside some weakness in China. During the quarter, the Company experienced a significant revenue decline in China, with a 50% drop in booki...

2 months ago - Seeking Alpha

Trane Technologies plc (TT) Q3 2024 Earnings Call Transcript

Trane Technologies plc (NYSE:TT) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Zac Nagle - Vice President, Investor Relations Dave Regnery - Chair & Chief Executi...

2 months ago - Seeking Alpha

Trane Technologies Reports Strong Third 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 $3.43 for the third quarte...

2 months ago - Business Wire

Trane Technologies Schedules Third 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 third quarter 2024 financial results on Wednesday, October 30...

3 months 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 ...

3 months ago - Business Wire

Final Trades: Trane Tech, American Tower, Regeneron and Taiwan Semi

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: AMTREGNTSM
4 months ago - CNBC Television

Trane Technologies Moves to Reduce Embodied Carbon by 40% by 2030

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, today announced a commitment to reduce embodied carbon by 40% by 2030, an industry first. Building on its l...

4 months ago - Business Wire

Kian-Backed Team Air Enters Georgia Market with Second Territory Award from OEM Partner American Standard

CHARLOTTE, N.C. & ATLANTA--(BUSINESS WIRE)--Kian Capital-backed Team Air Distributing (“Team Air”), a leading wholesale distributor providing OEM-branded HVAC equipment, parts and supplies to resident...

4 months ago - Business Wire

Trane Technologies Recognized by TIME, PEOPLE and Fortune for Workforce, Culture and Commitment to Sustainability

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, was recently recognized for workplace excellence, uplifting culture and its commitment to sustainability by ...

4 months ago - Business Wire

Trane Technologies: Strong Backlog Supporting Growth For FY24 And FY25

Trane Technologies' stock has surged over 14% since March 2024, driven by strong commercial HVAC growth and a robust backlog of $7.5 billion. The company reported 19% growth in orders and 13% revenue ...

4 months ago - Seeking Alpha

Data centers' 'cool' opportunity: Here's what to know

The AI boom is fueling a big race for cooling technology when it comes to data centers. CNBC's Pippa Stevens joins 'Squawk on the Street' with the details.

Other symbols: CARRJCI
5 months ago - CNBC Television

Trane Technologies to Present at the Morgan Stanley Laguna 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 Morgan Stanley Laguna...

5 months ago - Business Wire