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USIndustrials

Trane Technologies plc (TT)

US · Industrials · Building Products & Equipment

$423.33+0.39%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$6.35B
Revenue YoY
+10.6%
Net profit
$925.7M
Profit YoY
+5.8%
EPS
$4.31
EPS estimate
$4.27
Net margin
14.6%

EPS came in at 4.31 against a street estimate of 4.27 — a beat of 0.9%.

Key statistics

Market cap
$97.36B
P/E
33.0
Forward P/E
25.4
P/B
11.29
Book value
$39.14
EPS (TTM)
$13.41
Dividend yield
0.90%
52-week high
$504.68
52-week low
$345.62
50-day MA
$465.19
200-day MA
$445.13
Beta
1.20

Analyst view

Analysts rate Trane Technologies plc a buy (13 buy, 10 hold, 2 sell out of 25) with an average price target of $526.99.

From the latest earnings call · 2026-07-30

CONFIDENT TT crushed Q2 with 37% organic bookings growth, $12.1B backlog (+70% YoY), and 9% revenue growth. Raised full-year guidance on commercial HVAC strength and data center momentum. Capacity investments underway but management confident in execution. Q2 2026 Americas led; EMEA impacted by Middle East conflict (15% of segment, ~3% enterprise). Management took cost actions in June. Ex-Middle East EMEA bookings up mid-20s. Analysts pressed on inventory correction, backlog conversion risk, supply chain capacity constraints, and data center thermal tech shifts. Management emphasized no overcorrection, robust pipeline, proven operating system scaling, and flexible architecture (liquid/air-cooled) tailored to customer requirements. 2026-07-30…

Full summary in the app.

Shareholding

Insiders
0.27%
Institutions
90.83%

Largest institutional holders

FundStake
BlackRock Inc9.84%
JPMorgan Chase & Co7.61%
Vanguard Capital Management, LLC6.54%
State Street Corp4.59%
FMR Inc4.48%
Morgan Stanley - Brokerage Accounts2.41%
Geode Capital Management, LLC2.36%
Vanguard Portfolio Management, LLC1.61%

Recent filings & reports

DocumentDate
Quarterly report · Q2 2026
TRANE TECHNOLOGIES PLC – FORM 10-Q SUMMARY For the Six Months Ended June 30, 2026 --- HEADLINE NUMBERS • Net revenues (6M 2026): $11,322.9 million
2026-07-30
Results announced · Q3 2026
TRANE TECHNOLOGIES PLC - Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Q2 2026 Net Revenues: $6,354 million, up 11% reported; up 9% organic versus Q2
2026-07-30
Board / officer change · Q3 2026
TRANE TECHNOLOGIES PLC – 8-K SUMMARY OTHER NOTABLE POINTS • Mingxiao (Gary) Guo, Senior Vice President and Chief Global Integrated Supply Chain Offi
2026-07-22
Board / officer change · Q2 2026
TRANE TECHNOLOGIES PLC – FORM 8-K SUMMARY Filed June 10, 2026 --- BUSINESS & SEGMENT HIGHLIGHTS • Donald E. Simmons, age 55, appointed as Executive
2026-06-10
Shareholder vote results · Q2 2026
TRANE TECHNOLOGIES PLC - FORM 8-K SUMMARY HEADLINE NUMBERS • Annual General Meeting held on June 4, 2026 • Total voting shares cast: approximately 1
2026-06-05
Quarterly report · Q1 2026
TRANE TECHNOLOGIES PLC – Q1 2026 (10-Q) SUMMARY FOR RETAIL INVESTORS HEADLINE NUMBERS • Net revenues: $4,969.4 million (Q1 2026) vs. $4,688.5 millio
2026-04-30
Proxy statement · Q2 2026
TRANE TECHNOLOGIES PLC – 2026 PROXY STATEMENT SUMMARY --- CEO COMPENSATION David S. Regnery (Chair and CEO) – 2025 Total Compensation: $27,262,157
2026-04-23
Annual report FY2025
TRANE TECHNOLOGIES PLC – FORM 10-K SUMMARY Fiscal Year Ended December 31, 2025 --- HEADLINE NUMBERS • Total Net Revenues by Segment (2025): - Ame
2026-02-05

Readable in the app.

Corporate actions

ActionDetailDate
Dividend$1.05 / share
ex-date Sep 4, 2026 · pay Sep 30, 2026
2026-09-04
Dividend$1.05 / share
ex-date Jun 5, 2026 · pay Jun 30, 2026
2026-06-05
Dividend$1.05 / share
ex-date Mar 6, 2026 · pay Mar 31, 2026
2026-03-06
Dividend$0.94 / share
ex-date Dec 5, 2025 · pay Dec 31, 2025
2025-12-05
Dividend$0.94 / share
ex-date Sep 5, 2025 · pay Sep 30, 2025
2025-09-05

Deals & corporate news

AnnouncementDate
Definitive agreement to acquire Stellar Energy Digital business
Trane Technologies announced on December 2, 2025, that it has reached a definitive agreement to acquire Stellar Energy Digital, a business unit of Stellar Energy International, Ltd. This is
2025-12-02

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Data updated 2026-09-18.