First Trust Advisors LP Sells 4,069 Shares of Trane Technologies plc $TT

First Trust Advisors LP lowered its holdings in shares of Trane Technologies plc (NYSE:TT) by 2.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 152,660 shares of the company’s stock after selling 4,069 shares during the period. First Trust Advisors LP owned approximately 0.07% of Trane Technologies worth $64,416,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Neo Ivy Capital Management bought a new stake in shares of Trane Technologies in the 3rd quarter valued at $2,000,000. Trustmark Bank Trust Department boosted its stake in Trane Technologies by 9.0% during the third quarter. Trustmark Bank Trust Department now owns 2,085 shares of the company’s stock worth $880,000 after acquiring an additional 173 shares in the last quarter. Aptus Capital Advisors LLC grew its holdings in Trane Technologies by 169.8% in the third quarter. Aptus Capital Advisors LLC now owns 14,738 shares of the company’s stock worth $6,219,000 after purchasing an additional 9,276 shares during the period. Integrity Advisory Solutions LLC bought a new stake in Trane Technologies in the third quarter valued at $351,000. Finally, Barclays PLC increased its stake in Trane Technologies by 7.6% in the third quarter. Barclays PLC now owns 529,258 shares of the company’s stock valued at $223,326,000 after purchasing an additional 37,271 shares in the last quarter. 82.97% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CAO Elizabeth A. Elwell sold 635 shares of the company’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $422.70, for a total transaction of $268,414.50. Following the completion of the sale, the chief accounting officer owned 7,100 shares in the company, valued at approximately $3,001,170. This represents a 8.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Donald E. Simmons sold 3,762 shares of the stock in a transaction on Friday, March 6th. The shares were sold at an average price of $422.70, for a total value of $1,590,197.40. Following the completion of the sale, the insider directly owned 3,819 shares of the company’s stock, valued at $1,614,291.30. The trade was a 49.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 49,378 shares of company stock worth $21,228,464 in the last ninety days. Corporate insiders own 0.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on TT shares. Royal Bank Of Canada increased their price objective on shares of Trane Technologies from $469.00 to $470.00 and gave the stock a “sector perform” rating in a research report on Friday, January 30th. UBS Group decreased their target price on Trane Technologies from $544.00 to $520.00 and set a “buy” rating for the company in a research report on Monday, January 5th. Wells Fargo & Company increased their price target on Trane Technologies from $375.00 to $400.00 and gave the stock an “underweight” rating in a report on Friday, January 30th. Weiss Ratings reissued a “buy (b)” rating on shares of Trane Technologies in a research note on Wednesday, January 21st. Finally, JPMorgan Chase & Co. boosted their price objective on Trane Technologies from $434.00 to $460.00 and gave the company a “neutral” rating in a report on Friday, January 30th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $484.67.

Trane Technologies News Summary

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

• Positive Sentiment: Quarterly results topped expectations (EPS and revenue marginally above consensus), supporting near‑term earnings visibility and multiple expansion. MarketBeat TT Company Page
• Positive Sentiment: Board approved a higher quarterly dividend (raised to $1.05 per share), which increases yield and signals confidence in cash flow and capital return policy. MarketBeat Dividend Item
• Positive Sentiment: Product/market expansion: Trane launched an HSAG air‑cooled magnetic‑bearing chiller aimed at Asia‑Pacific data center growth — a growth market with attractive aftermarket and service upside. Tridto: HSAG Chiller Launch
• Positive Sentiment: Commercial expansion: Company is expanding heat‑protection offerings in emerging markets, which could support incremental revenue and services growth in hotter, higher‑demand regions. Yahoo Finance: Heat Protection Expansion
• Neutral Sentiment: Analyst coverage remains broadly constructive (mix of Buy/Hold) with a consensus price target above current levels — helpful context but already priced into shares. MarketBeat Analyst Summary
• Negative Sentiment: CEO David S. Regnery sold 36,045 shares (~$15.2M at ~$422.7), a meaningful reduction in his position that investors may view as a negative signal on insider conviction. SEC Filing: CEO Sale
• Negative Sentiment: Other insider sales: Donald E. Simmons sold 3,762 shares and CAO Elizabeth Elwell sold 635 shares on the same day — additional insider selling that could increase short‑term volatility or investor concern. SEC Filing: Simmons Sale SEC Filing: Elwell Sale

Trane Technologies Trading Up 1.4%

NYSE:TT opened at $433.46 on Wednesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.25 and a quick ratio of 0.92. Trane Technologies plc has a one year low of $298.15 and a one year high of $479.37. The company has a market cap of $95.94 billion, a PE ratio of 33.39, a PEG ratio of 2.25 and a beta of 1.19. The firm has a 50-day moving average of $424.27 and a 200-day moving average of $417.09.

Trane Technologies (NYSE:TT) last announced its quarterly earnings results on Thursday, January 29th. The company reported $2.86 earnings per share for the quarter, beating the consensus estimate of $2.81 by $0.05. The business had revenue of $5.14 billion for the quarter, compared to analysts’ expectations of $5.09 billion. Trane Technologies had a net margin of 13.69% and a return on equity of 36.34%. The firm’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter last year, the firm earned $2.61 EPS. As a group, equities research analysts expect that Trane Technologies plc will post 12.83 EPS for the current fiscal year.

Trane Technologies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 6th will be given a dividend of $1.05 per share. The ex-dividend date of this dividend is Friday, March 6th. This is a positive change from Trane Technologies’s previous quarterly dividend of $0.94. This represents a $4.20 annualized dividend and a dividend yield of 1.0%. Trane Technologies’s payout ratio is presently 32.36%.

Trane Technologies Profile

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.