Tilia Fiduciary Partners Inc. Has $591,000 Holdings in Trane Technologies plc $TT

Tilia Fiduciary Partners Inc. raised its position in shares of Trane Technologies plc (NYSE:TT) by 2.3% in the second quarter, according to its most recent filing with the SEC. The firm owned 1,351 shares of the company’s stock after purchasing an additional 31 shares during the quarter. Tilia Fiduciary Partners Inc.’s holdings in Trane Technologies were worth $591,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Ameriflex Group Inc. acquired a new stake in Trane Technologies during the 2nd quarter valued at approximately $28,000. QRG Capital Management Inc. increased its position in Trane Technologies by 39.5% during the 2nd quarter. QRG Capital Management Inc. now owns 64,005 shares of the company’s stock valued at $27,996,000 after purchasing an additional 18,121 shares during the period. Ascent Group LLC increased its position in Trane Technologies by 2.1% during the 2nd quarter. Ascent Group LLC now owns 13,492 shares of the company’s stock valued at $5,902,000 after purchasing an additional 282 shares during the period. Consilium Wealth Advisory LLC increased its position in Trane Technologies by 558.3% during the 2nd quarter. Consilium Wealth Advisory LLC now owns 45,713 shares of the company’s stock valued at $19,995,000 after purchasing an additional 38,769 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in shares of Trane Technologies by 9.1% during the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,594 shares of the company’s stock worth $697,000 after buying an additional 133 shares during the period. Institutional investors and hedge funds own 82.97% of the company’s stock.

Insider Transactions at Trane Technologies

In related news, CEO David S. Regnery sold 22,497 shares of the business’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $410.00, for a total value of $9,223,770.00. Following the sale, the chief executive officer directly owned 123,713 shares in the company, valued at approximately $50,722,330. The trade was a 15.39% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.14% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Wells Fargo & Company raised their price objective on shares of Trane Technologies from $370.00 to $410.00 and gave the stock an “underweight” rating in a research report on Tuesday, July 1st. Royal Bank Of Canada lifted their price target on shares of Trane Technologies from $463.00 to $467.00 and gave the company a “sector perform” rating in a research report on Thursday, July 31st. UBS Group raised their price objective on Trane Technologies from $500.00 to $544.00 and gave the company a “buy” rating in a research note on Tuesday, August 5th. Robert W. Baird raised their price objective on Trane Technologies from $396.00 to $450.00 and gave the company a “neutral” rating in a research note on Thursday, July 17th. Finally, Morgan Stanley raised their price objective on Trane Technologies from $445.00 to $520.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Six analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $457.40.

Trane Technologies Trading Up 0.2%

NYSE TT opened at $424.29 on Friday. The stock has a market capitalization of $94.41 billion, a price-to-earnings ratio of 33.65, a PEG ratio of 2.63 and a beta of 1.12. Trane Technologies plc has a one year low of $298.15 and a one year high of $476.18. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.10 and a quick ratio of 0.76. The business’s fifty day moving average is $421.53 and its 200-day moving average is $406.31.

Trane Technologies (NYSE:TT) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $3.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.79 by $0.09. Trane Technologies had a return on equity of 36.61% and a net margin of 13.76%.The business had revenue of $5.75 billion for the quarter, compared to analysts’ expectations of $5.77 billion. During the same period in the previous year, the business posted $3.30 EPS. The firm’s quarterly revenue was up 7.6% compared to the same quarter last year. Trane Technologies has set its FY 2025 guidance at 13.050-13.050 EPS. Equities research analysts predict that Trane Technologies plc will post 12.83 EPS for the current year.

Trane Technologies Company Profile

Trane Technologies plc, together with its subsidiaries, designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, custom, and custom and transport refrigeration in Ireland and internationally. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps, auxiliary power units; chillers; coils and condensers; gensets; dehumidifiers; ductless; furnaces; home automation products; humidifiers; indoor air quality assessments and related products; large and light commercial unitary products; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps.