Mirae Asset Global Investments Co. Ltd. Boosts Stock Position in Trane Technologies plc $TT

Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Trane Technologies plc (NYSE:TT) by 7.5% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 62,372 shares of the company’s stock after buying an additional 4,344 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Trane Technologies were worth $26,318,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of TT. Financial Consulate Inc. purchased a new position in Trane Technologies during the 3rd quarter valued at approximately $25,000. Icon Advisers Inc. Co. bought a new stake in shares of Trane Technologies during the second quarter valued at approximately $26,000. Ameriflex Group Inc. bought a new stake in shares of Trane Technologies in the second quarter valued at about $28,000. Hantz Financial Services Inc. raised its stake in Trane Technologies by 1,016.7% in the second quarter. Hantz Financial Services Inc. now owns 67 shares of the company’s stock worth $29,000 after buying an additional 61 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC grew its stake in Trane Technologies by 34.2% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 102 shares of the company’s stock valued at $43,000 after purchasing an additional 26 shares during the last quarter. 82.97% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on TT. JPMorgan Chase & Co. raised their price target on Trane Technologies from $407.00 to $434.00 and gave the stock a “neutral” rating in a report on Wednesday, October 15th. KeyCorp raised Trane Technologies from a “sector weight” rating to an “overweight” rating and set a $500.00 price target for the company in a report on Monday, December 15th. Wells Fargo & Company cut their price objective on Trane Technologies from $415.00 to $375.00 and set an “underweight” rating for the company in a research note on Friday, December 19th. Weiss Ratings restated a “buy (b)” rating on shares of Trane Technologies in a research report on Wednesday, January 21st. Finally, Royal Bank Of Canada upped their price objective on Trane Technologies from $467.00 to $469.00 and gave the company a “sector perform” rating in a report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Trane Technologies has an average rating of “Moderate Buy” and an average price target of $479.73.

Trane Technologies News Summary

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

• Positive Sentiment: Q4 results beat estimates: Adjusted EPS $2.86 vs. consensus ~ $2.82 and revenue $5.14B vs. ~$5.09B; bookings jumped ~24% year‑over‑year and backlog provides forward revenue visibility. Business Wire: Q4 & Full‑Year 2025 Results
• Positive Sentiment: Management tone and presentation emphasize robust bookings, backlog strength and improving cash flow — commentary on the earnings call and slide deck supports a constructive near‑term outlook. Earnings Call Transcript
• Positive Sentiment: End‑market momentum: reports cite demand tailwinds from data center HVAC and commercial markets, helping revenue and bookings growth. MSN: Data Center Demand Lifts Sales
• Neutral Sentiment: Analyst commentary and screens highlight TT as a momentum stock and review key metrics versus estimates — useful for positioning but not a change in fundamentals by itself. Zacks: Momentum Thesis
• Neutral Sentiment: Full earnings materials (press release, slide deck, transcript) and multiple previews/reviews are available for investors who want the granular segment and regional detail. Earnings Presentation
• Negative Sentiment: Valuation and liquidity considerations: TT trades at a relatively rich P/E (~32.7) and has a quick ratio below 1 (quick ratio ~0.84), which investors may view as valuation risk or short‑term liquidity constraint despite strong margins. (Company filings / market data)

Trane Technologies Stock Performance

NYSE:TT opened at $425.66 on Friday. The firm has a market capitalization of $94.39 billion, a PE ratio of 32.74, a price-to-earnings-growth ratio of 1.97 and a beta of 1.21. Trane Technologies plc has a 12 month low of $298.15 and a 12 month high of $476.18. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.20 and a quick ratio of 0.84. The business’s fifty day moving average price is $396.04 and its 200 day moving average price is $415.08.

Trane Technologies (NYSE:TT) last issued its quarterly earnings data on Thursday, January 29th. The company reported $2.86 earnings per share for the quarter, topping the consensus estimate of $2.82 by $0.04. Trane Technologies had a net margin of 13.93% and a return on equity of 37.04%. The business had revenue of $5.14 billion during the quarter, compared to the consensus estimate of $5.09 billion. On average, sell-side analysts anticipate that Trane Technologies plc will post 12.83 earnings per share for the current fiscal year.

Trane Technologies Company 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.