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Trane Technologies (TT) Stock

Profile

Country:

Ireland

IPO:

17 March 1980

Indexes:

Description:

Trane Technologies plc is a global company that specializes in the development and manufacturing of climate systems designed to address air quality and comfort issues in residential homes, industrial buildings, and transportation. The company was created in February 2020 as a result of the spin-off of the climate segment from the diversified industrial holding company Ingersoll-Rand Plc. The parent company was founded in 1885. The issuer's headquarters is located in Swords, Ireland. Trane Technologies offers energy-efficient products and innovative energy services. These include heating and air conditioning systems that control and maintain room temperature, as well as ventilation functions. The product portfolio includes air conditioners, air exchangers, air purifiers, chillers, coils, capacitors, and more. The products are sold under recognized brand names such as American Standard®, ARO®, Club Car®, Ingersoll-Rand®, Thermo King®, and Trane®.

Key Details

Price

$419.51

TTM Dividend Yield

0.78%(-40.91% YoY)

Annual Revenue

$17.68 B(+10.54% YoY)

Annual EPS

$8.77(+17.25% YoY)

PE Ratio

38.92(+50.39% YoY)

Beta

1.01

Events Calendar

Earnings

Next earnings date:

Jan 31, 2025

Recent quarterly earnings:

Oct 30, 2024

Recent annual earnings:

Feb 01, 2024
Dividend

Next ex-dividend date:

Dec 06, 2024

Recent ex-dividend date:

Sept 06, 2024
Splits

Next split:

N/A

Recent split:

Mar 02, 2020

Analyst ratings

Recent major analysts updates

31 Oct '24 HSBC
Hold
31 Oct '24 Barclays
Overweight
31 Oct '24 Baird
Neutral
17 Oct '24 Mizuho
Neutral
09 Oct '24 Goldman Sachs
Neutral
07 Oct '24 Wells Fargo
Underweight
02 Oct '24 Barclays
Overweight
06 Sept '24 Wells Fargo
Underweight
06 Sept '24 Morgan Stanley
Overweight
05 Aug '24 Stephens & Co.
Equal-Weight

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Institutional Ownership

Trane Technologies Honored by TIME as a Global Leader in Sustainable Growth
Trane Technologies Honored by TIME as a Global Leader in Sustainable Growth
Trane Technologies Honored by TIME as a Global Leader in Sustainable Growth
TT
businesswire.com27 November 2024

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a leader in climate innovation, has been featured in TIME's first-ever list of the World's Best Companies for Sustainable Growth. This ranking, created with the help of Statista, showcases companies that are successful in achieving sustainable growth and financial health while reducing their impact on the environment. "Being included in this first list of the World's Best Companies for Sustainable Growth is a great honor."

Reasons Why You Should Bet on Trane Technologies Stock Now
Reasons Why You Should Bet on Trane Technologies Stock Now
Reasons Why You Should Bet on Trane Technologies Stock Now
TT
zacks.com20 November 2024

TT regularly gives back to its shareholders by paying dividends and buying back shares.

Trane Technologies to Present at the Goldman Sachs Industrials and Materials Conference
Trane Technologies to Present at the Goldman Sachs Industrials and Materials Conference
Trane Technologies to Present at the Goldman Sachs Industrials and Materials Conference
TT
businesswire.com20 November 2024

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE: TT), a global leader in climate solutions, has announced that its executives will take part in a fireside chat at the Goldman Sachs Industrials and Materials Conference. This event is scheduled for 8:00 a.m. EST on Wednesday, December 4, 2024. The live stream can be found on the Trane Technologies website in the investor relations section, and a recording will be available for 30 days afterward.

Trane Technologies and Autodesk Collaborate to Accelerate and Simplify Sustainable Building Design
Trane Technologies and Autodesk Collaborate to Accelerate and Simplify Sustainable Building Design
Trane Technologies and Autodesk Collaborate to Accelerate and Simplify Sustainable Building Design
TT
businesswire.com12 November 2024

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a worldwide leader in climate solutions, has teamed up with Autodesk, Inc. (NASDAQ: ADSK), a top company in building information modeling (BIM) for the architecture, engineering, construction (AEC), and operations sectors. Their partnership aims to improve the design of commercial buildings with a focus on sustainability. This collaboration will enhance user experience and support AI-driven design exploration.

Trane Technologies Champions Decarbonization, Sustainable Cooling and Climate Policies at COP29
Trane Technologies Champions Decarbonization, Sustainable Cooling and Climate Policies at COP29
Trane Technologies Champions Decarbonization, Sustainable Cooling and Climate Policies at COP29
TT
businesswire.com11 November 2024

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global leader in climate innovation, will highlight the importance of reducing carbon emissions in buildings and transportation at COP29 in Baku, Azerbaijan, from November 11 to 22. They will promote climate policies and encourage the use of electric heating and cooling systems, as well as other energy-efficient, low-carbon solutions. Trane Technologies is also a member of the World Economic Forum's Alliance of CEO Climate Leaders.

Here's Why Trane Technologies (TT) is a Strong Growth Stock
Here's Why Trane Technologies (TT) is a Strong Growth Stock
Here's Why Trane Technologies (TT) is a Strong Growth Stock
TT
zacks.com08 November 2024

Are you looking for ways to choose powerful stocks that can outperform the market for your investment portfolio? The Zacks Style Scores can help you with that.

Trane Technologies Q3: Strong North America And Weak China
Trane Technologies Q3: Strong North America And Weak China
Trane Technologies Q3: Strong North America And Weak China
TT
seekingalpha.com30 October 2024

Trane's third-quarter results indicate solid business growth in North America, but there are some challenges in China. The company saw a major drop in revenue in China, with bookings falling by 50% and revenue decreasing by 45%. The growth in North America was particularly driven by a 20% increase in its residential HVAC sector compared to the previous year.

Trane Technologies plc (TT) Q3 2024 Earnings Call Transcript
Trane Technologies plc (TT) Q3 2024 Earnings Call Transcript
Trane Technologies plc (TT) Q3 2024 Earnings Call Transcript
TT
seekingalpha.com30 October 2024

Trane Technologies plc (NYSE:TT) will hold its Q3 2024 Earnings Conference Call on October 30, 2024, at 10:00 AM ET. The call will feature company representatives including Zac Nagle, Dave Regnery, and Chris Kuehn, along with participants from various financial institutions. The operator will begin the call by welcoming everyone to the event.

Trane Technologies Q3 Earnings Beat Estimates, Rise Y/Y
Trane Technologies Q3 Earnings Beat Estimates, Rise Y/Y
Trane Technologies Q3 Earnings Beat Estimates, Rise Y/Y
TT
zacks.com30 October 2024

TT's earnings and revenues for the third quarter of 2024 have increased compared to the same period last year.

Curious about Trane Technologies (TT) Q3 Performance? Explore Wall Street Estimates for Key Metrics
Curious about Trane Technologies (TT) Q3 Performance? Explore Wall Street Estimates for Key Metrics
Curious about Trane Technologies (TT) Q3 Performance? Explore Wall Street Estimates for Key Metrics
TT
zacks.com25 October 2024

Instead of just focusing on Wall Street's predictions for Trane Technologies (TT), it's important to examine some of its key metrics to better understand how the company might perform in the quarter that ended in September 2024. This will provide a clearer picture of its potential.

FAQ

  • What is the primary business of Trane Technologies?
  • What is the ticker symbol for Trane Technologies?
  • Does Trane Technologies pay dividends?
  • What sector is Trane Technologies in?
  • What industry is Trane Technologies in?
  • What country is Trane Technologies based in?
  • When did Trane Technologies go public?
  • Is Trane Technologies in the S&P 500?
  • Is Trane Technologies in the NASDAQ 100?
  • Is Trane Technologies in the Dow Jones?
  • When was Trane Technologies's last earnings report?
  • When does Trane Technologies report earnings?
  • Should I buy Trane Technologies stock now?

What is the primary business of Trane Technologies?

Trane Technologies plc is a global company that specializes in the development and manufacturing of climate systems designed to address air quality and comfort issues in residential homes, industrial buildings, and transportation. The company was created in February 2020 as a result of the spin-off of the climate segment from the diversified industrial holding company Ingersoll-Rand Plc. The parent company was founded in 1885. The issuer's headquarters is located in Swords, Ireland. Trane Technologies offers energy-efficient products and innovative energy services. These include heating and air conditioning systems that control and maintain room temperature, as well as ventilation functions. The product portfolio includes air conditioners, air exchangers, air purifiers, chillers, coils, capacitors, and more. The products are sold under recognized brand names such as American Standard®, ARO®, Club Car®, Ingersoll-Rand®, Thermo King®, and Trane®.

What is the ticker symbol for Trane Technologies?

The ticker symbol for Trane Technologies is NYSE:TT

Does Trane Technologies pay dividends?

Yes, Trane Technologies pays dividends. The last payment was $0.84, with an ex-dividend date on 06 September 2024

What sector is Trane Technologies in?

Trane Technologies is in the Industrials sector

What industry is Trane Technologies in?

Trane Technologies is in the Building Products & Equipment industry

What country is Trane Technologies based in?

Trane Technologies is headquartered in Ireland

When did Trane Technologies go public?

Trane Technologies's initial public offering (IPO) was on 17 March 1980

Is Trane Technologies in the S&P 500?

Yes, Trane Technologies is included in the S&P 500 index

Is Trane Technologies in the NASDAQ 100?

No, Trane Technologies is not included in the NASDAQ 100 index

Is Trane Technologies in the Dow Jones?

No, Trane Technologies is not included in the Dow Jones index

When was Trane Technologies's last earnings report?

Trane Technologies's most recent earnings report was on 30 October 2024

When does Trane Technologies report earnings?

The next expected earnings date for Trane Technologies is 31 January 2025

Should I buy Trane Technologies stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions