Trane Technologies (NYSE:TT) Issues FY 2025 Earnings Guidance

Trane Technologies (NYSE:TT) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 13.050-13.050 for the period, compared to the consensus EPS estimate of 12.932. The company issued revenue guidance of $21.6 billion-$21.6 billion, compared to the consensus revenue estimate of $21.5 billion.

Trane Technologies Price Performance

Shares of Trane Technologies stock opened at $471.64 on Wednesday. The stock’s 50-day simple moving average is $434.83 and its 200-day simple moving average is $387.49. Trane Technologies has a 52 week low of $298.15 and a 52 week high of $476.18. The company has a market capitalization of $105.19 billion, a price-to-earnings ratio of 39.24, a PEG ratio of 3.07 and a beta of 1.15. The company has a quick ratio of 0.74, a current ratio of 1.09 and a debt-to-equity ratio of 0.52.

Trane Technologies (NYSE:TT) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $2.45 EPS for the quarter, beating the consensus estimate of $2.20 by $0.25. Trane Technologies had a return on equity of 36.10% and a net margin of 13.47%. The business had revenue of $4.69 billion for the quarter, compared to the consensus estimate of $4.46 billion. During the same period in the previous year, the business earned $1.94 earnings per share. The business’s revenue was up 11.2% on a year-over-year basis. As a group, analysts expect that Trane Technologies will post 12.83 earnings per share for the current fiscal year.

Trane Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, September 5th will be issued a $0.94 dividend. The ex-dividend date of this dividend is Friday, September 5th. This represents a $3.76 annualized dividend and a dividend yield of 0.80%. Trane Technologies’s dividend payout ratio (DPR) is 31.28%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Citigroup lifted their target price on Trane Technologies from $445.00 to $502.00 and gave the stock a “buy” rating in a report on Monday, July 14th. JPMorgan Chase & Co. lifted their target price on Trane Technologies from $334.00 to $400.00 and gave the stock a “neutral” rating in a report on Friday, May 16th. Barclays lifted their target price on Trane Technologies from $476.00 to $480.00 and gave the stock an “overweight” rating in a report on Wednesday, July 9th. The Goldman Sachs Group boosted their price objective on Trane Technologies from $416.00 to $460.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 8th. Finally, Stephens raised Trane Technologies from an “equal weight” rating to an “overweight” rating and set a $475.00 price objective on the stock in a research note on Thursday, May 1st. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $441.40.

Institutional Trading of Trane Technologies

An institutional investor recently raised its position in Trane Technologies stock. Brighton Jones LLC lifted its position in Trane Technologies plc (NYSE:TT) by 60.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,194 shares of the company’s stock after acquiring an additional 2,323 shares during the period. Brighton Jones LLC’s holdings in Trane Technologies were worth $2,288,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 82.97% of the stock is currently owned by institutional investors and hedge funds.

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.