Trane Technologies (NYSE:TT) Given New $400.00 Price Target at Wells Fargo & Company

Trane Technologies (NYSE:TT) had its price objective hoisted by research analysts at Wells Fargo & Company from $375.00 to $400.00 in a research report issued on Friday,Benzinga reports. The firm presently has an “underweight” rating on the stock. Wells Fargo & Company‘s price objective would indicate a potential downside of 3.77% from the stock’s previous close.

TT has been the subject of a number of other research reports. Barclays dropped their price objective on shares of Trane Technologies from $506.00 to $505.00 and set an “overweight” rating for the company in a research note on Wednesday, January 7th. Weiss Ratings reissued a “buy (b)” rating on shares of Trane Technologies in a research report on Wednesday, January 21st. UBS Group decreased their price objective on Trane Technologies from $544.00 to $520.00 and set a “buy” rating on the stock in a report on Monday, January 5th. KeyCorp upgraded Trane Technologies from a “sector weight” rating to an “overweight” rating and set a $500.00 target price for the company in a research report on Monday, December 15th. Finally, Oppenheimer upgraded Trane Technologies from a “market perform” rating to an “outperform” rating and set a $460.00 price objective for the company in a research note on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $481.40.

Trane Technologies Stock Down 2.4%

Shares of TT traded down $10.38 during trading hours on Friday, hitting $415.69. 829,472 shares of the company were exchanged, compared to its average volume of 2,039,167. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.84 and a current ratio of 1.20. The company has a market cap of $92.18 billion, a PE ratio of 32.18, a PEG ratio of 1.97 and a beta of 1.21. The firm’s 50 day moving average is $396.04 and its 200-day moving average is $415.08. Trane Technologies has a 52 week low of $298.15 and a 52 week high of $476.18.

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 analysts’ consensus estimates of $2.81 by $0.05. The business had revenue of $5.14 billion during the quarter, compared to analysts’ expectations of $5.09 billion. Trane Technologies had a net margin of 13.93% and a return on equity of 37.04%. Trane Technologies’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same period in the previous year, the company earned $2.61 earnings per share. On average, equities research analysts forecast that Trane Technologies will post 12.83 EPS for the current fiscal year.

Institutional Investors Weigh In On Trane Technologies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TT. NorthRock Partners LLC raised its stake in Trane Technologies by 1.2% during the 2nd quarter. NorthRock Partners LLC now owns 2,052 shares of the company’s stock worth $898,000 after buying an additional 24 shares during the period. King Luther Capital Management Corp boosted its stake 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 purchasing an additional 24 shares during the period. Old Port Advisors increased its holdings 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 purchasing an additional 24 shares in the last quarter. OneAscent Wealth Management LLC increased its holdings in Trane Technologies by 1.5% during the 3rd quarter. OneAscent Wealth Management LLC now owns 1,627 shares of the company’s stock worth $686,000 after purchasing an additional 24 shares in the last quarter. Finally, Bridgewater Advisors Inc. lifted its holdings in shares of Trane Technologies by 3.7% in the third quarter. Bridgewater Advisors Inc. now owns 670 shares of the company’s stock valued at $285,000 after purchasing an additional 24 shares in the last quarter. Institutional investors own 82.97% of the company’s stock.

Trending Headlines about Trane Technologies

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

• Positive Sentiment: Q4 beats and record bookings — TT posted adjusted Q4 EPS of $2.86 (beat) and revenue of $5.15B (beat); bookings jumped ~24% YoY and backlog provides strong visibility into 2026. This is the main earnings-side catalyst supporting the stock. BusinessWire: Q4 Results
• Positive Sentiment: Revenue guidance lifted above Street — FY2026 revenue guide of $23.1B–$23.4B is modestly above the consensus (~$22.9B), signalling demand strength and supporting forward top-line expectations.
• Neutral Sentiment: EPS guidance essentially in-line — FY2026 EPS guidance of $14.65–$14.85 lines up with the consensus (~$14.79), so while not a downside surprise it gives investors mixed signals on upside to estimates.
• Neutral Sentiment: Analyst commentary and momentum narratives are active — multiple outlets and the full earnings transcript/slides are circulating, supporting continued investor attention but also adding short-term volatility. Seeking Alpha: Q4 Call Transcript
• Negative Sentiment: Profit-taking and valuation pressure — after recent gains and a high P/E (~32), some investors likely locked in profits despite the beats; the EPS guide being only in-line reduced upside surprise potential and contributed to the intraday pullback. AAII: Why TT Stock Is Up

About Trane Technologies

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.