Trane Technologies plc (TT)

NYSE: TT · Real-Time Price · USD
400.80
-1.74 (-0.43%)
Oct 21, 2024, 4:00 PM EDT - Market closed
-0.43%
Market Cap 90.45B
Revenue (ttm) 18.83B
Net Income (ttm) 2.32B
Shares Out 225.67M
EPS (ttm) 10.10
PE Ratio 39.22
Forward PE 34.17
Dividend $3.36 (0.84%)
Ex-Dividend Date Dec 6, 2024
Volume 465,554
Open 401.28
Previous Close 402.54
Day's Range 399.95 - 403.24
52-Week Range 184.02 - 406.96
Beta 1.21
Analysts Buy
Price Target 369.08 (-7.91%)
Earnings Date Oct 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, 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 13 analysts, the average rating for TT stock is "Buy." The 12-month stock price forecast is $369.08, which is a decrease of -7.91% from the latest price.

Price Target
$369.08
(-7.91% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

12 days 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 ...

12 days 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
26 days 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 weeks 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 weeks 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 weeks 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 ...

6 weeks 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
7 weeks 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...

7 weeks ago - Business Wire

Trane Technologies Explores What's Now and Next in Climate Technology in Season 4 of its Healthy Spaces Podcast

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, is exploring how climate technology and innovation are transforming the spaces where we live, work, learn an...

2 months ago - Business Wire

Trane Technologies plc (TT) Q2 2024 Earnings Call Transcript

Trane Technologies plc (NYSE:TT) Q2 2024 Earnings Conference Call July 31, 2024 10:00 AM ET Company Participants Zac Nagle - Vice President, Investor Relations David Regnery - Chair and CEO Chris Kue...

2 months ago - Seeking Alpha

Trane Technologies Reports Strong Second 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 $3.33 for the second quart...

2 months ago - Business Wire

Trane Technologies Schedules Second 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 second quarter 2024 financial results on Wednesday, July 31, ...

3 months ago - Business Wire

Trane Technologies Named One of the World's Most Sustainable Companies by TIME

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been recognized in TIME's inaugural rankings of the World's Most Sustainable Companies. The list, publis...

4 months ago - Business Wire

Trane Technologies Recognized for its Uplifting Culture by U.S. News & World Report and Great Place to Work

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has received additional acclaim for its commitment to creating an empowering and uplifting culture. These re...

4 months ago - Business Wire

Trane Technologies Completes the U.S. Department of Energy's Residential Cold Climate Heat Pump Challenge with Exceptional Performance

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, today announced its successful completion of the U.S. Department of Energy's (DOE) Residential Cold Climate...

4 months ago - Business Wire

Heat Wave Hits US: 10 Stocks To Watch During June's Sweltering Temperatures

As residents of the Midwest and Mid-Atlantic United States brace for a historic heat wave, here are 10 stocks that could be impacted by June's extreme weather.

Other symbols: CARRDISEPCGNRCHDLIILOW
4 months ago - Benzinga

Trane Technologies Providing Access to STEM Education Through Additional $1.2 Million Investment in Project Scientist

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, is expanding its support of Project Scientist, providing the education non-profit with a contribution of $1....

4 months ago - Business Wire

AV Access Showcases Innovative iDock C20 KVM Switch Docking Station at Computex 2024 in Taipei

TAIPEI, Taiwan--(BUSINESS WIRE)-- #avaccess--AV Access is excited to showcase its innovative iDock series KVM switch docking stations at Computex 2024 in Taipei, from June 4th to 7th.

Other symbols: HTZ
4 months ago - Business Wire

Trane Technologies Prices $500 Million Senior Notes Offering

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE: TT) (the “Company”), a global climate innovator, today announced the pricing of an aggregate $500 million principal amount of 5.100% sen...

4 months ago - Business Wire

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
5 months 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...

5 months 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 months 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...

5 months 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
6 months ago - Schwab Network