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Trane Technologies (TT) Stock

Profile

Full Name:

Trane Technologies plc

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

$362.49

TTM Dividend Yield

0.93%(-21.85% YoY)

Annual Revenue

$19.84 B(+12.22% YoY)

Annual EPS

$11.24(+28.16% YoY)

PE Ratio

33.63(+17.30% YoY)

Beta

1.09

Events Calendar

Earnings

Next earnings date:

Apr 30, 2025

Recent quarterly earnings:

Jan 30, 2025

Recent annual earnings:

Jan 30, 2025
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Dec 06, 2024
Splits

Next split:

N/A

Recent split:

Mar 02, 2020

Analyst ratings

Recent major analysts updates

28 Jan '25 Melius Research
Hold
15 Jan '25 JP Morgan
Neutral
13 Jan '25 Citigroup
Buy
07 Jan '25 Wells Fargo
Underweight
03 Jan '25 RBC Capital
Sector Perform
09 Dec '24 Citigroup
Buy
05 Dec '24 Barclays
Overweight
31 Oct '24 HSBC
Hold
31 Oct '24 Barclays
Overweight
31 Oct '24 Baird
Neutral

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Institutional Ownership

Industrial Stocks Are About to Break Out. Trane Technologies, Union Pacific, and 3 Others to Own.
Industrial Stocks Are About to Break Out. Trane Technologies, Union Pacific, and 3 Others to Own.
Industrial Stocks Are About to Break Out. Trane Technologies, Union Pacific, and 3 Others to Own.
TT
barrons.com31 January 2025

Industrial stocks are approaching their highest levels from November and still have potential for further growth.

Trane Technologies plc (TT) Q4 2024 Earnings Call Transcript
Trane Technologies plc (TT) Q4 2024 Earnings Call Transcript
Trane Technologies plc (TT) Q4 2024 Earnings Call Transcript
TT
seekingalpha.com30 January 2025

Trane Technologies plc (NYSE:TT) will hold its Q4 2024 Earnings Conference Call on January 30, 2025, 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, Regina, will welcome everyone to the call.

Trane Technologies Q4 Earnings & Revenues Beat Estimates, Rise Y/Y
Trane Technologies Q4 Earnings & Revenues Beat Estimates, Rise Y/Y
Trane Technologies Q4 Earnings & Revenues Beat Estimates, Rise Y/Y
TT
zacks.com30 January 2025

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

Trane Technologies (TT) Beats Q4 Earnings and Revenue Estimates
Trane Technologies (TT) Beats Q4 Earnings and Revenue Estimates
Trane Technologies (TT) Beats Q4 Earnings and Revenue Estimates
TT
zacks.com30 January 2025

Trane Technologies (TT) reported quarterly earnings of $2.61 per share, which is higher than the Zacks Consensus Estimate of $2.54 per share. This is an increase compared to last year's earnings of $2.17 per share.

Trane Technologies Reports Strong Fourth-Quarter and Full-Year 2024 Results; Robust Bookings and Backlog Provide Strong Visibility Entering 2025
Trane Technologies Reports Strong Fourth-Quarter and Full-Year 2024 Results; Robust Bookings and Backlog Provide Strong Visibility Entering 2025
Trane Technologies Reports Strong Fourth-Quarter and Full-Year 2024 Results; Robust Bookings and Backlog Provide Strong Visibility Entering 2025
TT
businesswire.com30 January 2025

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global leader in climate solutions, announced that its diluted earnings per share (EPS) from ongoing operations for the fourth quarter of 2024 was $2.67. The adjusted EPS for continuing operations rose by 20% to $2.61. In comparison to the fourth quarter of 2023, bookings increased by 3% to $4,659 million, while net revenues grew by 10% to $4,874 million.

Trane Technologies (TT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Trane Technologies (TT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Trane Technologies (TT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
TT
zacks.com23 January 2025

Trane Technologies (TT) has the right mix of factors that could lead to better earnings in its next report. Be ready for the important expectations.

Will Trane Technologies (TT) Beat Estimates Again in Its Next Earnings Report?
Will Trane Technologies (TT) Beat Estimates Again in Its Next Earnings Report?
Will Trane Technologies (TT) Beat Estimates Again in Its Next Earnings Report?
TT
zacks.com14 January 2025

Trane Technologies (TT) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.

Trane Technologies: A Profitable Growth Stock For Green Investors
Trane Technologies: A Profitable Growth Stock For Green Investors
Trane Technologies: A Profitable Growth Stock For Green Investors
TT
seekingalpha.com12 January 2025

Trane Technologies is a successful growth stock that focuses on sustainability. Experts predict that its earnings will rise by double digits until 2026, and one analyst has set a price target of $450.00 for the next year. In its Q3-2024 results, the company exceeded expectations with increased revenue and earnings, a growing backlog, and a strong plan for capital allocation, which includes dividends and buying back shares.

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.com07 January 2025

No matter if you focus on value, growth, or momentum investing, discovering solid stocks is simpler with the Zacks Style Scores, which is a key part of the Zacks Premium research service.

Trane Technologies Completes Acquisition of BrainBox AI
Trane Technologies Completes Acquisition of BrainBox AI
Trane Technologies Completes Acquisition of BrainBox AI
TT
businesswire.com03 January 2025

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a leader in climate solutions, has finalized its purchase of BrainBox AI, a company known for its innovative HVAC control systems and AI technology for buildings. This acquisition was first revealed in a press release on December 18, 2024. BrainBox AI employs sophisticated deep learning techniques to forecast energy requirements for buildings and automate HVAC systems, leading to energy savings of up to 25%.

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 December 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 January 2025

When does Trane Technologies report earnings?

The next expected earnings date for Trane Technologies is 30 April 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