Trane Technologies plc (TT)

NYSE: TT · IEX Real-Time Price · USD
331.07
+0.70 (0.21%)
Jul 19, 2024, 11:08 AM EDT - Market open
0.21%
Market Cap 75.01B
Revenue (ttm) 18.23B
Net Income (ttm) 2.15B
Shares Out 226.35M
EPS (ttm) 9.36
PE Ratio 35.33
Forward PE 29.76
Dividend $3.36 (1.01%)
Ex-Dividend Date Sep 6, 2024
Volume 269,998
Open 331.99
Previous Close 330.37
Day's Range 330.30 - 334.22
52-Week Range 184.02 - 347.33
Beta 1.21
Analysts Buy
Price Target 306.87 (-7.41%)
Earnings Date Jul 31, 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, 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 Statements

Analyst Forecast

According to 15 analysts, the average rating for TT stock is "Buy." The 12-month stock price forecast is $306.87, which is a decrease of -7.41% from the latest price.

Price Target
$306.87
(-7.41% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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, ...

8 days 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...

22 days 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...

23 days 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...

24 days 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 weeks 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....

5 weeks 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 ...

6 weeks 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
6 weeks 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...

6 weeks 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
2 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...

2 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...

2 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...

2 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
2 months ago - Schwab Network

Trane Technologies to Present at the Bank of America Transportation, Airlines, and 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 Trans...

2 months ago - Business Wire

Trane Technologies Reports Strong First 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 $1.92 for the first quarte...

2 months ago - Business Wire

Trane Technologies Recognized as One of Europe's Climate Leaders by Financial Times

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

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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. ...

5 months ago - Business Wire