Trane Technologies plc (TT)

NYSE: TT · IEX Real-Time Price · USD
200.45
+2.43 (1.23%)
Sep 22, 2023, 4:01 PM EDT - Market closed
1.23%
Market Cap 45.78B
Revenue (ttm) 16.82B
Net Income (ttm) 1.88B
Shares Out 228.40M
EPS (ttm) 8.11
PE Ratio 24.72
Forward PE 20.77
Dividend $3.00 (1.50%)
Ex-Dividend Date Aug 31, 2023
Volume 729,129
Open 198.31
Previous Close 198.02
Day's Range 197.91 - 201.75
52-Week Range 139.07 - 211.58
Beta 1.21
Analysts Hold
Price Target 195.29 (-2.57%)
Earnings Date Nov 1, 2023

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 39,000
Stock Exchange NYSE
Ticker Symbol TT
Full Company Profile

Financial Performance

In 2022, TT's revenue was $15.99 billion, an increase of 13.12% compared to the previous year's $14.14 billion. Earnings were $1.76 billion, an increase of 23.40%.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for TT stock is "Hold." The 12-month stock price forecast is $195.29, which is a decrease of -2.57% from the latest price.

Price Target
$195.29
(-2.57% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Trane Technologies Advances Building Decarbonization with Industry-First Ice-Heating Solution

SWORDS, Ireland--(BUSINESS WIRE)--Trane® – by Trane Technologies (NYSE: TT), a global climate innovator, has introduced its Thermal Battery™ Storage-Source Heat Pump System – a first-of-its-kind solut...

5 days ago - Business Wire

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...

18 days ago - Business Wire

U.S. Department of Labor Registers National Trane Technologies Technician Apprenticeship Program

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, is proud to announce its Technician Apprenticeship Program (TAP) has received national registration from th...

4 weeks ago - Business Wire

Trane Technologies Reports Strong Results and Raises 2023 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 $2.57 for the second quart...

7 weeks ago - Business Wire

7 Stocks to Play the Revival of U.S. Manufacturing

Reshoring, or onshoring, has gone from a policy fantasy to a strong possibility. The beneficiaries of investment and growth in manufacturing will be a collection of U.S. companies that build and equip...

Other symbols: APHEMRETNGWWKEYSROK
2 months ago - Barrons

Trane Technologies Schedules Second 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 second quarter 2023 financial results on Wednesday, August 2,...

2 months ago - Business Wire

Trane Technologies Certified as Great Place to Work® for Third Year

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, announced today it has earned the Great Place to Work Certification for the third consecutive year. The cert...

3 months ago - Business Wire

Trane Technologies Advances Transformational Heat Pump Technologies to Decarbonize America's Industrial Sector

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, today announced its participation in three projects accelerating next-generation heat pump efficiency to re...

3 months ago - Business Wire

Trane Technologies Links Human and Planetary Health in Season 3 of its Healthy Spaces Podcast

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, is exploring the relationship between human and planetary health with the Season 3 launch of its Healthy Spa...

3 months ago - Business Wire

Wildfires Rage In Canada, Turning US Skies Orange - Air Quality Stocks See Modest Gains

Air purifying stocks have performed well this week off the back of the chaos, with the air quality set to be an issue running into the weekend.

Other symbols: CARRHONICLN
3 months ago - Forbes

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 $0.75 per ordinary share, or $3.00 per share ...

4 months ago - Business Wire

Trane Technologies to Present at the UBS Global Industrials and Transportation Conference 2023

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...

4 months ago - Business Wire

American Standard and Trane Sign on to Sponsor the ServiceTitan HVAC National Championship

Second Annual Competition Showcases the Best Technicians in the HVAC Industry,  Offering More Than $100,000 in Cash and Prizes CHICAGO , May 16, 2023 /PRNewswire/ -- The second annual ServiceTitan HVA...

4 months ago - PRNewsWire

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...

4 months ago - Business Wire

Trane Technologies Outlines Transition Plan to Achieve Net-Zero Targets by 2050

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, has released a first look at its Net-Zero Roadmap to decarbonize across its entire value chain by 2050. In ...

4 months ago - Business Wire

Trane Technologies Reports Strong First-Quarter 2023 Results; Raises 2023 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 $1.35 for the first quarte...

5 months ago - Business Wire

Trane Technologies Named to Financial Times 2023 Europe's Climate Leaders List

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been named to the Financial Times 2023 Europe's Climate Leaders list for the third consecutive year. The...

5 months 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...

5 months ago - Business Wire

Trane Technologies Schedules First 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 first quarter 2023 financial results on Wednesday, May 3, 202...

5 months ago - Business Wire

Trane® by Trane Technologies Celebrates 110 Years of Pioneering Innovation

SWORDS, Ireland--(BUSINESS WIRE)--Trane® – by Trane Technologies (NYSE: TT), a global climate innovator – is celebrating its 110th anniversary as a world leader in creating comfortable, energy efficie...

5 months ago - Business Wire

John Hayes, Chairman and former President and CEO, Ball Corporation, Joins Trane Technologies Board of Directors

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, today announced it has appointed John Hayes, chairman and former president and CEO, Ball Corporation (NYSE:...

Other symbols: BALL
6 months ago - Business Wire

Trane Technologies Approves Fossil-Free HVO Fuel for Thermo King® Refrigerated Transport Solutions

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, has approved the use of Hydrotreated Vegetable Oil (HVO) fossil-free fuel as a sustainable alternative to d...

6 months ago - Business Wire

Trane Technologies to Present at the Bank of America Global 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 Globa...

6 months ago - Business Wire

Somehow, cyclicals have become winners heading into a Fed-mandated recession, says Cramer

Mad Money host Jim Cramer looks at cyclical stocks and the reason they've become true winners, even though the economy seems to be headed into a Fed-mandated recession.

Other symbols: CARRCATCMIDOVETNHBIIR
7 months ago - CNBC Television

Jim Cramer says these 12 stocks aren't 'your father's cyclicals'

"The transformation is real," Cramer said. "Saving the planet's become a much more reliable business than despoiling it.

Other symbols: CARRCATCMIDOVETNIRJCI
7 months ago - CNBC