Freemont Management S.A. Cuts Position in Trane Technologies plc $TT

Freemont Management S.A. trimmed its holdings in shares of Trane Technologies plc (NYSE:TT) by 88.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 600 shares of the company’s stock after selling 4,700 shares during the period. Freemont Management S.A.’s holdings in Trane Technologies were worth $253,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Ethic Inc. grew its stake in shares of Trane Technologies by 6.6% in the second quarter. Ethic Inc. now owns 26,836 shares of the company’s stock valued at $11,601,000 after buying an additional 1,672 shares in the last quarter. Nordea Investment Management AB boosted its holdings in Trane Technologies by 2.4% in the 3rd quarter. Nordea Investment Management AB now owns 2,513,508 shares of the company’s stock worth $1,051,049,000 after acquiring an additional 57,774 shares during the period. Y Intercept Hong Kong Ltd purchased a new position in Trane Technologies in the 3rd quarter worth approximately $6,571,000. Boston Common Asset Management LLC acquired a new stake in Trane Technologies in the third quarter valued at approximately $9,546,000. Finally, Compass Wealth Management LLC raised its stake in shares of Trane Technologies by 3,785.4% during the third quarter. Compass Wealth Management LLC now owns 27,198 shares of the company’s stock valued at $11,476,000 after purchasing an additional 26,498 shares during the period. Institutional investors and hedge funds own 82.97% of the company’s stock.

Insider Buying and Selling at Trane Technologies

In other Trane Technologies news, CFO Christopher J. Kuehn sold 2,389 shares of Trane Technologies stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $462.70, for a total value of $1,105,390.30. Following the completion of the transaction, the chief financial officer directly owned 60,486 shares in the company, valued at $27,986,872.20. The trade was a 3.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Donald E. Simmons sold 822 shares of the stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $462.57, for a total value of $380,232.54. Following the sale, the insider owned 3,819 shares in the company, valued at $1,766,554.83. The trade was a 17.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 8,936 shares of company stock worth $4,133,991 in the last quarter. 0.14% of the stock is currently owned by corporate insiders.

Trane Technologies Price Performance

Shares of TT opened at $460.37 on Friday. Trane Technologies plc has a 52 week low of $298.15 and a 52 week high of $479.37. The company has a current ratio of 1.25, a quick ratio of 0.92 and a debt-to-equity ratio of 0.46. The firm has a market cap of $101.89 billion, a price-to-earnings ratio of 35.47, a PEG ratio of 2.49 and a beta of 1.21. The stock has a 50 day moving average of $402.63 and a 200-day moving average of $414.89.

Trane Technologies (NYSE:TT) last posted its quarterly earnings results on Thursday, January 29th. The company reported $2.86 earnings per share (EPS) 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 analyst estimates of $5.09 billion. Trane Technologies had a return on equity of 36.34% and a net margin of 13.69%.The business’s revenue was up 5.6% compared to the same quarter last year. During the same period in the prior year, the company posted $2.61 EPS. As a group, analysts forecast that Trane Technologies plc will post 12.83 EPS for the current year.

Trane Technologies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 6th will be issued a $1.05 dividend. This is a boost from Trane Technologies’s previous quarterly dividend of $0.94. The ex-dividend date of this dividend is Friday, March 6th. This represents a $4.20 annualized dividend and a dividend yield of 0.9%. Trane Technologies’s dividend payout ratio (DPR) is presently 28.97%.

Key Headlines Impacting Trane Technologies

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

• Positive Sentiment: Acquisition expands TAM into high‑density data‑center cooling (LiquidStack), strengthening exposure to AI/hyperscale demand and potential long‑term revenue/margin upside. Acquisition Announcement
• Positive Sentiment: Quarterly results beat expectations (Jan. 29 EPS and revenue beats) and the company raised its quarterly dividend to $1.05 (annualized $4.20), signaling cash‑flow strength and returning capital to shareholders. Earnings & Company Details Dividend Coverage
• Positive Sentiment: Multiple analysts have raised price targets and upgraded TT recently, supporting upside to the consensus valuation and helping underpin investor interest. Analyst Notes
• Neutral Sentiment: Institutional ownership remains high (~83%) with several funds adding to positions in recent quarters; that can stabilize shares but also mean larger blocks trade infrequently. (No single headline link.)
• Negative Sentiment: CEO David S. Regnery sold 5,588 shares (~$2.585M at ~$462.60 avg), reducing his stake by ~5.45% — a sizable, high‑visibility insider sale that likely triggered short‑term selling pressure. SEC Filing
• Negative Sentiment: CFO Christopher J. Kuehn sold 2,389 shares (~$1.105M at ~$462.70 avg), a ~3.8% cut to his holding — another senior officer liquidity event adding to downward momentum. SEC Filing
• Negative Sentiment: Donald E. Simmons sold 822 shares (~$380k at ~$462.57 avg), a 17.7% reduction in his holding — notable for the percentage cut even if dollar size is smaller. SEC Filing
• Negative Sentiment: CAO Elizabeth Elwell sold 137 shares (~$63k at ~$462.48 avg), a small (~1.9%) trim but part of the cluster of concurrent insider sales. SEC Filing

Analyst Ratings Changes

Several research analysts have recently weighed in on TT shares. Bank of America upgraded shares of Trane Technologies from a “neutral” rating to a “buy” rating and upped their target price for the company from $490.00 to $550.00 in a research note on Thursday, November 13th. Weiss Ratings reissued a “buy (b)” rating on shares of Trane Technologies in a research report on Wednesday, January 21st. Citigroup raised their target price on Trane Technologies from $513.00 to $525.00 and gave the company a “buy” rating in a research note on Friday, January 30th. Royal Bank Of Canada boosted their price target on Trane Technologies from $469.00 to $470.00 and gave the stock a “sector perform” rating in a research note on Friday, January 30th. Finally, Barclays increased their price target on Trane Technologies from $505.00 to $507.00 and gave the company an “overweight” rating in a report on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $484.67.

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.