David Regnery Sells 5,588 Shares of Trane Technologies (NYSE:TT) Stock

Trane Technologies plc (NYSE:TTGet Free Report) CEO David Regnery sold 5,588 shares of the firm’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $462.60, for a total value of $2,585,008.80. Following the completion of the transaction, the chief executive officer owned 96,948 shares of the company’s stock, valued at $44,848,144.80. This trade represents a 5.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Trane Technologies Stock Down 2.6%

Shares of TT stock opened at $460.37 on Friday. The stock’s 50-day simple moving average is $402.63 and its 200-day simple moving average is $414.89. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.92 and a current ratio of 1.25. The firm has a market capitalization of $101.89 billion, a PE ratio of 35.47, a P/E/G ratio of 2.49 and a beta of 1.21. Trane Technologies plc has a fifty-two week low of $298.15 and a fifty-two week high of $479.37.

Trane Technologies (NYSE:TTGet Free Report) last released its earnings results on Thursday, January 29th. The company reported $2.86 EPS for the quarter, topping analysts’ consensus estimates of $2.81 by $0.05. Trane Technologies had a return on equity of 36.34% and a net margin of 13.69%.The firm had revenue of $5.14 billion during the quarter, compared to the consensus estimate of $5.09 billion. During the same quarter in the previous year, the company posted $2.61 earnings per share. The company’s revenue was up 5.6% compared to the same quarter last year. Equities analysts expect that Trane Technologies plc will post 12.83 earnings per share for the current year.

Trane Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 6th will be issued a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a dividend yield of 0.9%. This is a boost from Trane Technologies’s previous quarterly dividend of $0.94. The ex-dividend date of this dividend is Friday, March 6th. Trane Technologies’s dividend payout ratio is 28.97%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in TT. Fiduciary Family Office LLC raised its position in Trane Technologies by 1.5% during the fourth quarter. Fiduciary Family Office LLC now owns 1,573 shares of the company’s stock worth $612,000 after acquiring an additional 23 shares during the period. Foster Dykema Cabot & Partners LLC raised its position in shares of Trane Technologies by 10.6% during the 4th quarter. Foster Dykema Cabot & Partners LLC now owns 239 shares of the company’s stock worth $93,000 after purchasing an additional 23 shares during the last quarter. NorthRock Partners LLC lifted its stake in Trane Technologies by 1.2% in the 2nd quarter. NorthRock Partners LLC now owns 2,052 shares of the company’s stock valued at $898,000 after buying an additional 24 shares in the last quarter. King Luther Capital Management Corp boosted its holdings in Trane Technologies by 1.3% in the 2nd quarter. King Luther Capital Management Corp now owns 1,942 shares of the company’s stock worth $849,000 after buying an additional 24 shares during the last quarter. Finally, Old Port Advisors increased its stake in Trane Technologies by 3.2% during the 3rd quarter. Old Port Advisors now owns 778 shares of the company’s stock worth $328,000 after buying an additional 24 shares in the last quarter. 82.97% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Melius Research upgraded Trane Technologies from a “hold” rating to a “buy” rating and set a $490.00 price objective for the company in a research note on Wednesday, January 7th. KeyCorp upgraded Trane Technologies from a “sector weight” rating to an “overweight” rating and set a $500.00 price target for the company in a research report on Monday, December 15th. Royal Bank Of Canada boosted their price target on Trane Technologies from $469.00 to $470.00 and gave the company a “sector perform” rating in a report on Friday, January 30th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Trane Technologies in a report on Wednesday, January 21st. Finally, Morgan Stanley decreased their target price on shares of Trane Technologies from $550.00 to $535.00 and set an “overweight” rating for the company in a research note on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $484.67.

Read Our Latest Report on TT

Trane Technologies News Summary

Here are the key news stories impacting Trane Technologies this week:

  • Positive Sentiment: Acquisition expands TAM into high‑density data‑center cooling (LiquidStack), strengthening exposure to AI/hyperscale demand and potential long‑term revenue/margin upside. Acquisition Announcement
  • Positive Sentiment: Quarterly results beat expectations (Jan. 29 EPS and revenue beats) and the company raised its quarterly dividend to $1.05 (annualized $4.20), signaling cash‑flow strength and returning capital to shareholders. Earnings & Company Details Dividend Coverage
  • Positive Sentiment: Multiple analysts have raised price targets and upgraded TT recently, supporting upside to the consensus valuation and helping underpin investor interest. Analyst Notes
  • Neutral Sentiment: Institutional ownership remains high (~83%) with several funds adding to positions in recent quarters; that can stabilize shares but also mean larger blocks trade infrequently. (No single headline link.)
  • Negative Sentiment: CEO David S. Regnery sold 5,588 shares (~$2.585M at ~$462.60 avg), reducing his stake by ~5.45% — a sizable, high‑visibility insider sale that likely triggered short‑term selling pressure. SEC Filing
  • Negative Sentiment: CFO Christopher J. Kuehn sold 2,389 shares (~$1.105M at ~$462.70 avg), a ~3.8% cut to his holding — another senior officer liquidity event adding to downward momentum. SEC Filing
  • Negative Sentiment: Donald E. Simmons sold 822 shares (~$380k at ~$462.57 avg), a 17.7% reduction in his holding — notable for the percentage cut even if dollar size is smaller. SEC Filing
  • Negative Sentiment: CAO Elizabeth Elwell sold 137 shares (~$63k at ~$462.48 avg), a small (~1.9%) trim but part of the cluster of concurrent insider sales. SEC Filing

About Trane Technologies

(Get Free Report)

Trane Technologies (NYSE: TT) is a global climate solutions company focused on heating, ventilation and air conditioning (HVAC) and transport refrigeration systems. The company develops, manufactures and sells a broad range of climate-control products under well-known brands, including commercial and residential HVAC equipment, building management systems and controls, and transport refrigeration units. Its product portfolio spans rooftop and packaged units, chillers, furnaces, air handlers, compressors, and related components designed for commercial buildings, industrial facilities, residences and transportation applications.

In addition to equipment, Trane Technologies provides lifecycle services that include installation, maintenance, parts, retrofit and aftermarket support, as well as digital and controls solutions for building performance and energy management.

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