Trane Technologies PLC (TT)

NYSE: TT · IEX Real-Time Price · USD
154.66
+3.67 (2.43%)
Oct 4, 2022 4:03 PM EDT - Market closed
2.43%
Market Cap 35.84B
Revenue (ttm) 14.84B
Net Income (ttm) 1.49B
Shares Out 231.72M
EPS (ttm) 6.38
PE Ratio 24.24
Forward PE 18.66
Dividend $2.60 (1.68%)
Ex-Dividend Date Sep 1, 2022
Volume 857,122
Open 153.05
Previous Close 150.99
Day's Range 152.63 - 155.14
52-Week Range 120.64 - 204.23
Beta 1.22
Analysts Buy
Price Target 166.56 (+7.7%)
Earnings Date Aug 3, 2022

About TT

Trane Technologies plc, together with its subsidiaries, engages in the designing, manufacturing, selling, and servicing of solutions for heating, ventilation, air conditioning, and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; auxiliary power units; chillers; coils and condensers; gensets; furnaces; heat pumps; home automation products; humidifiers; hybrid and non-diesel transport refrigeration, and ice energy storage solutions; indoor air quality assessments and related products; l... [Read more...]

Industry Building Products
Founded 1885
CEO Michael Lamach
Employees 37,000
Stock Exchange NYSE
Ticker Symbol TT
Full Company Profile

Financial Performance

In 2021, TT's revenue was $14.14 billion, an increase of 13.50% compared to the previous year's $12.45 billion. Earnings were $1.42 billion, an increase of 66.50%.

Financial Statements

Analyst Forecast

According to 32 analysts, the average rating for TT stock is "Buy." The 12-month stock price forecast is 166.56, which is an increase of 7.69% from the latest price.

Price Target
$166.56
(7.69% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Thermo King® by Trane Technologies Accelerates Cold Chain Decarbonization Following Electric Trailer Trials with Walm...

SWORDS, Ireland--(BUSINESS WIRE)--Thermo King®, a leader in transport temperature control solutions and a brand of Trane Technologies (NYSE: TT), has completed initial testing of its innovative evolve™ ...

18 hours ago - Business Wire

Thermo King® by Trane Technologies Unveils Cutting Edge Cold Chain Decarbonization Solutions for Truck, Trailer & Bus...

SWORDS, Ireland--(BUSINESS WIRE)-- #tranetechnologies--Thermo King®, a leader in transport temperature control solutions and a brand of Trane Technologies (NYSE: TT), today unveiled cutting edge truck, ...

2 weeks ago - Business Wire

Trane Technologies (TT) Shares Up 22% in 3 Months: Here's How

Consecutive better-than-expected top and bottom-line performances, shareholder-friendly moves and encouraging guidance have been benefiting Trane Technologies (TT) stock.

3 weeks ago - Zacks Investment Research

Trane Technologies Named One of Fortune's Best Workplaces in Manufacturing & Production

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been named to the top ten of Fortune's list of the Best Workplaces in Manufacturing & Production™ 2022. Th...

3 weeks ago - Business Wire

Why Is Trane Technologies (TT) Up 1.3% Since Last Earnings Report?

Trane Technologies (TT) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

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 ...

1 month ago - Business Wire

2 Industrial Stocks to Buy Before the Bear Market Is Over

Industrial stocks can be some of the hardest hit during a bear market. They can also be the best performers in an ensuing bull market.

Other symbols: JCI
1 month ago - The Motley Fool

Here's Why Trane Technologies (TT) is a Strong Growth Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

1 month ago - Zacks Investment Research

Here's Why You Should Retain Trane Technologies (TT) Stock

Shareholder-friendly measures boost Trane Technologies' (TT) prospects. However, decreasing current ratio is a headwind.

1 month ago - Zacks Investment Research

1 ESG Stock to Create a Growing Stream of Passive Income

Trane's business model revolves around its position as an ESG player. It leverages that business model to generate more free cash flow.

1 month ago - The Motley Fool

Trane Technologies Appoints Dwayne Cowan as President of Thermo King EMEA and Global Marine, Rail and Air Business

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, today announced that Dwayne Cowan has been appointed as president of Thermo King Europe, Middle East, and Afr...

1 month ago - Business Wire

Trane Technologies (TT) Q2 Earnings Beat Estimates, Up Y/Y

Trane Technologies' (TT) second-quarter 2022 earnings and revenues improved year over year.

2 months ago - Zacks Investment Research

Trane Technologies (TT) Q2 Earnings and Revenues Surpass Estimates

Trane Technologies (TT) delivered earnings and revenue surprises of 2.86% and 1.17%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Trane Technologies Reports Record Second-Quarter 2022 Results; Raises Full-Year 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 $2.17 for the second quarter...

2 months ago - Business Wire

What's in Store for Trane Technologies (TT) in Q2 Earnings?

Trane Technologies' (TT) second-quarter 2022 earnings and revenues are likely to have increased year over year.

2 months ago - Zacks Investment Research

Trane Technologies (TT) Reports Next Week: Wall Street Expects Earnings Growth

Trane Technologies (TT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

As America swelters, these stocks could be heat wave winners

The U.S. continues to swelter under a record-breaking heat wave that has sparked multiple heat advisories. Several high temperature records were broken on Sunday, including in Boston and Providence, whi...

Other symbols: ORLYSEDG
2 months ago - Market Watch

Here's Why a Hold Strategy is Apt for Trane Technologies (TT) Now

Trane Technologies (TT) has a consistent record of rewarding its shareholders through dividend payments and share repurchases.

2 months ago - Zacks Investment Research

Trane Technologies Schedules Second Quarter 2022 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 2022 financial results on Wednesday, August 3, 2...

2 months ago - Business Wire

Trane Technologies Statement on Supreme Court Ruling in West Virginia v. Environmental Protection Agency (EPA)

SWORDS, Ireland--(BUSINESS WIRE)-- #tranetechnologies--Dave Regnery, chair and CEO of Trane Technologies (NYSE: TT), a global climate innovator, issued the following statement regarding the 6-3 ruling f...

2 months ago - Business Wire

Thermo King® by Trane Technologies Accelerates Electrification Innovation in Europe with New Research & Development C...

SWORDS, Ireland--(BUSINESS WIRE)--Thermo King® by Trane Technologies (NYSE: TT), a global climate innovator, today launched a new research and development (R&D) center adjacent to its sustainable manufa...

3 months ago - Business Wire

Trane Technologies Recertified by Great Place to Work®

SWORDS, Ireland--(BUSINESS WIRE)-- #GPTWCertified--Trane Technologies (NYSE:TT), a global climate innovator, has been Certified™ by Great Place to Work® for the second year in a row. The recertification...

3 months ago - Business Wire

Trane Technologies Announces Sponsorship of the Science Museum of Minnesota's KAYSC STEM Freedom School

DAVIDSON, N.C.--(BUSINESS WIRE)-- #STEM--Global climate innovator Trane Technologies (NYSE:TT) has provided the Science Museum of Minnesota with over $280,000 to support the Kitty Andersen Youth Science...

3 months ago - Business Wire

Reasons to Retain Trane Technologies' (TT) Stock For Now

Trane Technologies (TT) has a consistent record of rewarding its shareholders through dividend payments and share repurchases.

3 months ago - Zacks Investment Research

Why Is Trane Technologies (TT) Up 2% Since Last Earnings Report?

Trane Technologies (TT) reported earnings 30 days ago. What's next for the stock?

4 months ago - Zacks Investment Research