Trane Technologies plc (TT)
| Market Cap | 67.01B |
| Revenue (ttm) | 17.68B |
| Net Income (ttm) | 2.02B |
| Shares Out | 227.07M |
| EPS (ttm) | 8.77 |
| PE Ratio | 33.65 |
| Forward PE | 28.01 |
| Dividend | $3.36 (1.14%) |
| Ex-Dividend Date | Jun 7, 2024 |
| Volume | 1,031,855 |
| Open | 293.45 |
| Previous Close | 291.15 |
| Day's Range | 292.28 - 296.17 |
| 52-Week Range | 162.04 - 306.98 |
| Beta | 1.23 |
| Analysts | Buy |
| Price Target | 257.08 (-12.88%) |
| Earnings Date | Apr 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]
Financial Performance
In 2023, TT'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 StatementsAnalyst Forecast
According to 12 analysts, the average rating for TT stock is "Buy." The 12-month stock price forecast is $257.08, which is a decrease of -12.88% from the latest price.
News
Range Energy and Thermo King Collaborate to Advance the Commercial Adoption of Electric Refrigerated Trailers
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...
Trane Technologies Schedules First 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 first quarter 2024 financial results on Tuesday, April 30, 20...
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 ...
Trane Technologies Announces Completely New Residential HVAC Product Portfolio
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, today announced its new residential product portfolio with innovative design upgrades to its highly efficie...
Trane Technologies to Present at the J.P. Morgan 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 J.P. Morgan Industria...
Trane Technologies Named One of the 2024 World's Most Ethical Companies® by Ethisphere
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has received the 2024 World's Most Ethical Companies® recognition by Ethisphere, a global leader in defining...
Trane Technologies, EU Parliament and Commission Officials & Cold Chain Partners Call for Accelerated Food Loss Solutions
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, co-developed a round table event at the European Parliament on Advancing Food Loss Technologies and Policies...
Trane Technologies Increases Dividend by 12 Percent
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, announced the Board of Directors has approved a 12% increase to the dividend, resulting in a quarterly d...
Trane Technologies Named to JUST 100, Fortune World's Most Admired Companies and CDP's A List
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been named to the 2024 JUST 100 and Fortune Magazine's 2024 list of the World's Most Admired Companies. ...
Trane Technologies to Present at the Citi Global Industrial Tech and Mobility 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 Citi Global Tech and ...
Trane Technologies to Present at the Barclays Industrial Select 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 Barclays Industrial S...
Trane Technologies beats quarterly profit estimates on higher demand
Trane Technologies surpassed quarterly profit estimates on Thursday, buoyed by higher demand for its heating and air-conditioning systems in commercial buildings across the Americas and EMEA segments.
Trane Technologies Reports Strong Fourth-Quarter and Full-Year 2023 Results; Robust Bookings and Backlog Provide Strong Visibility Entering 2024
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, today reported diluted earnings per share (EPS) from continuing operations of $2.23 for the fourth quart...
Trane Technologies Recognized for Sustainability Performance with Inclusion on Corporate Knights' Global 100
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been named to Corporate Knights' 2024 Global 100, recognized as the leader in the Building Products indu...
Trane® by Trane Technologies Named America's Most Trusted® HVAC Brand for the 10th Consecutive Year
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, is pleased to announce that Trane® has been named the top residential HVAC brand in Lifestory Research's Ame...
Trane Technologies Schedules Fourth 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 fourth quarter 2023 financial results on Thursday, February 1...
The Wall Street Journal Names Trane Technologies One of the Best-Managed Companies of 2023
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been selected to The Wall Street Journal's list of the Best-Managed Companies for the third consecutive ...
Trane Technologies Named to S&P Dow Jones Sustainability World and North American 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 third consecutive year and the North ...
Riaz Raihan Joins Trane Technologies as Chief Digital Officer
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, announced the appointment of Riaz Raihan as Chief Digital Officer, effective December 11. Raihan will repor...
Good Housekeeping 2023 Home Renovation Awards Recognizes Innovative Heat Pump from Trane Technologies
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, is pleased to announce the Trane® XV20i Variable Speed Heat Pump with Trane Link has been named the best Hig...
EROAD and Thermo King® Forge Data Sharing Partnership to Enhance Fleet Management
SAN DIEGO and MINNEAPOLIS , Nov. 30, 2023 /PRNewswire/ -- EROAD, a leading provider of transportation technology solutions, headquartered in San Diego, and Thermo King, a global leader in sustainable ...
Trane Technologies Calls for Accelerated Climate Action, Increased Transparency at COP28
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, will underscore the critical need for adoption of new and existing solutions at scale, accelerated climate p...
Trane Technologies Delivers All-Electric, Zero Direct Emission Thermo King® Solutions in Every Segment of the Cold Chain in EMEA
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, today announced at Solutrans 2023 that it has fulfilled its August 2021 commitment to deliver fully electri...
Trane Technologies Delivers on Low-Carbon Steel Commitment with 1M+ Sustainable HVAC Systems
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, today announced a significant milestone for its industry-leading, sustainable climate solutions – with more...
Trane Technologies Completes Acquisition of Connected Workplace and Enterprise Asset Management Leader Nuvolo
SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, has completed the acquisition of Nuvolo, a global leader in modern, cloud-based connected workplace and ent...