Trane Technologies plc (TT)
| Market Cap | 101.78B +14.2% |
| Revenue (ttm) | 21.60B +6.4% |
| Net Income | 2.90B +5.9% |
| EPS | 12.93 +7.5% |
| Shares Out | 221.06M |
| PE Ratio | 35.15 |
| Forward PE | 30.06 |
| Dividend | $4.20 (0.91%) |
| Ex-Dividend Date | Jun 5, 2026 |
| Volume | 955,579 |
| Open | 466.19 |
| Previous Close | 466.60 |
| Day's Range | 457.86 - 467.61 |
| 52-Week Range | 348.06 - 503.47 |
| Beta | 1.26 |
| Analysts | Buy |
| Price Target | 518.30 (+12.57%) |
| Earnings Date | Apr 30, 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 $518.3, which is an increase of 12.57% from the latest price.
News
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…
Trane price target raised to $585 from $507 at Barclays
Barclays analyst Julian Mitchell raised the firm’s price target on Trane (TT) to $585 from $507 and keeps an Overweight rating on the shares. The company is positioned for accelerating…
Trane Technologies Earnings Call Transcript: Q1 2026
Q1 2026 delivered strong organic bookings (+24%), record backlog, and 7% adjusted EPS growth, led by Americas commercial HVAC and services. Guidance was raised for revenue and EPS, with robust pipelines in data centers and continued investment in innovation and capacity expansion.
Trane Technologies Reports Strong First Quarter 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 $2.66 for the first quarte...
Josh Brown's "Best Stocks in the Market:" Trane Technologies
Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to spotlight Trane Technologies in his "Best Stocks in the Market."
Trane price target raised to $525 from $500 at KeyBanc
KeyBanc raised the firm’s price target on Trane (TT) to $525 from $500 and keeps an Overweight rating on the shares. Following the firm’s quarterly channel work, KeyBanc says Q1…
Trane Technologies to Present at the Oppenheimer Industrial Growth 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 Oppenheimer Industri...
Trane Technologies Unveils the World's Largest HVAC Training Center
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, today celebrated the launch of its new Trane Advanced Technology Training Center (ATTC), a state-of-the-art ...
Trane initiated with an Outperform at BNP Paribas
BNP Paribas analyst Andrew Buscaglia initiated coverage of Trane (TT) with an Outperform rating and $550 price target
Trane initiated with an Outperform at Evercore ISI
Evercore ISI analyst Alexander Virgo initiated coverage of Trane (TT) with an Outperform rating and $535 price target The firm likes the company’s “best-in-class commercial” HVAC platform. Trane offer...
Trane Technologies Schedules First Quarter 2026 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 2026 financial results on Thursday, April 30, 2...
Trane price target lowered to $473 from $486 at Goldman Sachs
Goldman Sachs lowered the firm’s price target on Trane (TT) to $473 from $486 and keeps a Neutral rating on the shares. The firm is updating its models as part…