Trane Technologies (NYSE:TT) Price Target Raised to $525.00 at Citigroup

Trane Technologies (NYSE:TT) had its price target hoisted by equities researchers at Citigroup from $513.00 to $525.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Citigroup’s price objective suggests a potential upside of 24.19% from the company’s previous close.

Other analysts also recently issued reports about the company. Royal Bank Of Canada increased their price target on Trane Technologies from $469.00 to $470.00 and gave the company a “sector perform” rating in a research report on Friday. Oppenheimer increased their target price on shares of Trane Technologies from $460.00 to $468.00 and gave the stock an “outperform” rating in a research report on Friday. Melius Research upgraded Trane Technologies from a “hold” rating to a “buy” rating and set a $490.00 price target for the company in a research report on Wednesday, January 7th. Wells Fargo & Company boosted their price objective on shares of Trane Technologies from $375.00 to $400.00 and gave the company an “underweight” rating in a research note on Friday. Finally, JPMorgan Chase & Co. upped their price target on shares of Trane Technologies from $434.00 to $460.00 and gave the stock a “neutral” rating in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $484.67.

Trane Technologies Stock Performance

Shares of TT stock traded down $3.34 on Friday, hitting $422.73. The company’s stock had a trading volume of 1,754,681 shares, compared to its average volume of 2,083,409. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.84 and a current ratio of 1.20. Trane Technologies has a fifty-two week low of $298.15 and a fifty-two week high of $476.18. The stock’s 50 day moving average is $396.04 and its 200-day moving average is $415.08. The company has a market capitalization of $93.74 billion, a PE ratio of 32.50, a PEG ratio of 1.97 and a beta of 1.21.

Trane Technologies (NYSE:TT) last posted 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 net margin of 13.93% and a return on equity of 37.04%. The firm had revenue of $5.14 billion during the quarter, compared to analysts’ expectations of $5.09 billion. During the same quarter in the prior year, the business earned $2.61 earnings per share. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. Equities research analysts expect that Trane Technologies will post 12.83 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Trane Technologies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TT. Financial Consulate Inc. acquired a new stake in shares of Trane Technologies during the third quarter valued at $25,000. Icon Advisers Inc. Co. purchased a new stake in Trane Technologies in the 2nd quarter worth approximately $26,000. Ameriflex Group Inc. acquired a new position in Trane Technologies in the 2nd quarter valued at $28,000. Hantz Financial Services Inc. boosted its holdings in shares of Trane Technologies by 1,016.7% during the second quarter. Hantz Financial Services Inc. now owns 67 shares of the company’s stock worth $29,000 after purchasing an additional 61 shares during the last quarter. Finally, United Community Bank increased its stake in shares of Trane Technologies by 134.4% during the 3rd quarter. United Community Bank now owns 75 shares of the company’s stock valued at $32,000 after acquiring an additional 43 shares during the last quarter. 82.97% of the stock is owned by institutional investors and hedge funds.

Key Trane Technologies News

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

• Positive Sentiment: Q4 results beat consensus: adjusted EPS $2.86 and revenue $5.14B (both above estimates), with bookings up ~24% year-over-year and a stronger backlog that management says gives good visibility into 2026. This is the core driver behind the positive investor reaction. Business Wire: Q4 and FY2025 Results
• Positive Sentiment: Company raised FY2026 revenue guidance above Street expectations (guidance ~$23.1B–$23.4B vs. consensus ~$22.9B) while EPS guidance was essentially in line — the stronger revenue range reinforced the bullish case for growth. Company Guidance Update
• Positive Sentiment: Analyst upgrades and target increases: Barclays raised its target to $507 and keeps an “overweight” call; Oppenheimer lifted its target to $468 and rates TT “outperform” — both signal buy-side momentum and provide near-term upward pressure. Benzinga: Analyst Target Changes
• Neutral Sentiment: Coverage and commentary: multiple outlets (Zacks, Seeking Alpha, AAII) highlighted TT as a momentum/quality name after the quarter; these pieces increase visibility but are secondary to the actual results and guidance. Seeking Alpha: Q4 Call Transcript
• Negative Sentiment: Wells Fargo cut its target to $400 and maintained an “underweight” stance — this is the primary explicit bearish signal and likely contributed to some selling/pressure after the initial rally. Benzinga: Wells Fargo Rating

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.