Trane Technologies (TT) Expected to Announce Earnings on Thursday

Trane Technologies (NYSE:TT) is expected to be issuing its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect Trane Technologies to post earnings of $4.73 per share and revenue of $6.50 billion for the quarter. Trane Technologies has set its FY 2026 guidance at 15.200-15.300 EPS. Individuals are encouraged to explore the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, October 29, 2026 at 10:00 AM ET.

Trane Technologies (NYSE:TT) last posted its quarterly earnings results on Thursday, July 30th. The company reported $4.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.27 by $0.04. The company had revenue of $6.35 billion during the quarter, compared to the consensus estimate of $6.20 billion. Trane Technologies had a net margin of 13.28% and a return on equity of 35.72%. The company’s revenue for the quarter was up 10.6% on a year-over-year basis. During the same period last year, the firm earned $3.88 EPS. On average, analysts expect Trane Technologies to post $15.32 EPS for the current fiscal year and $17.71 EPS for the next fiscal year.

Trane Technologies Stock Performance

TT opened at $455.44 on Tuesday. The stock has a market cap of $100.21 billion, a P/E ratio of 34.50, a P/E/G ratio of 2.08 and a beta of 1.15. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.07 and a quick ratio of 0.76. The stock’s 50 day simple moving average is $452.96 and its 200 day simple moving average is $452.46. Trane Technologies has a 1-year low of $348.06 and a 1-year high of $505.87.

Trane Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Friday, December 4th will be issued a $1.05 dividend. The ex-dividend date of this dividend is Friday, December 4th. This represents a $4.20 annualized dividend and a yield of 0.9%. Trane Technologies’s dividend payout ratio is 31.82%.

Insider Buying and Selling at Trane Technologies

In other Trane Technologies news, CEO David Regnery sold 48,091 shares of the stock in a transaction on Tuesday, October 6th. The stock was sold at an average price of $480.00, for a total transaction of $23,083,680.00. Following the transaction, the chief executive officer owned 96,951 shares of the company’s stock, valued at $46,536,480. This represents a 33.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on TT shares. BNP Paribas Exane raised their price target on Trane Technologies from $560.00 to $575.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. Sanford C. Bernstein lifted their price target on Trane Technologies from $555.00 to $575.00 and gave the stock an “outperform” rating in a research note on Friday, August 14th. Mizuho boosted their price objective on shares of Trane Technologies from $475.00 to $485.00 and gave the stock a “neutral” rating in a research report on Thursday, October 15th. Wall Street Zen cut shares of Trane Technologies from a “buy” rating to a “hold” rating in a research note on Sunday, August 30th. Finally, Citigroup dropped their target price on shares of Trane Technologies from $570.00 to $566.00 and set a “buy” rating for the company in a report on Friday, July 31st. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Trane Technologies has an average rating of “Moderate Buy” and an average price target of $539.42.

Trane Technologies Company Profile

Trane Technologies plc is a global climate technology company that develops solutions for heating, ventilation, air conditioning, refrigeration and building management. Its products and services are designed to improve indoor comfort, energy efficiency and the sustainability of commercial, industrial, residential and institutional buildings.

The company operates through well-known brands including Trane, Thermo King and Frigoblock. Trane provides HVAC equipment, building controls, digital solutions, maintenance and energy services, while Thermo King and Frigoblock offer temperature-control systems for refrigerated transportation.