Trane Technologies (TT) Expected to Announce Earnings on Thursday

Trane Technologies (NYSE:TT) is expected to announce its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect Trane Technologies to announce earnings of $4.27 per share and revenue of $6.1971 billion for the quarter. Investors may review the information on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 30, 2026 at 10:00 AM ET.

Trane Technologies (NYSE:TT) last released its quarterly earnings results on Friday, May 1st. The company reported $2.63 EPS for the quarter, topping the consensus estimate of $2.53 by $0.10. The business had revenue of $4.97 billion during the quarter, compared to analyst estimates of $4.81 billion. Trane Technologies had a net margin of 13.41% and a return on equity of 35.55%. The company’s quarterly revenue was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.45 earnings per share. On average, analysts expect Trane Technologies to post $15 EPS for the current fiscal year and $17 EPS for the next fiscal year.

Trane Technologies Trading Up 0.5%

Shares of NYSE:TT opened at $483.20 on Tuesday. The company has a market cap of $106.81 billion, a PE ratio of 37.37, a P/E/G ratio of 2.21 and a beta of 1.19. The company’s 50-day moving average price is $470.58 and its 200 day moving average price is $451.01. Trane Technologies has a fifty-two week low of $348.06 and a fifty-two week high of $505.87. The company has a quick ratio of 0.77, a current ratio of 1.10 and a debt-to-equity ratio of 0.46.

Trane Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, September 4th will be paid a $1.05 dividend. The ex-dividend date is Friday, September 4th. This represents a $4.20 annualized dividend and a dividend yield of 0.9%. Trane Technologies’s dividend payout ratio (DPR) is presently 32.48%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on TT shares. Evercore assumed coverage on Trane Technologies in a report on Monday, April 13th. They set an “outperform” rating and a $535.00 price target on the stock. KeyCorp raised their target price on Trane Technologies from $525.00 to $555.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Royal Bank Of Canada lifted their target price on Trane Technologies from $440.00 to $501.00 and gave the company a “sector perform” rating in a research note on Friday, May 1st. BNP Paribas Exane initiated coverage on Trane Technologies in a research report on Tuesday, April 14th. They set an “outperform” rating and a $550.00 price target for the company. Finally, Citigroup increased their price target on Trane Technologies from $525.00 to $570.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $516.67.

Insider Buying and Selling

In other Trane Technologies news, insider Donald E. Simmons sold 4,593 shares of the business’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $500.00, for a total value of $2,296,500.00. Following the sale, the insider directly owned 3,819 shares in the company, valued at approximately $1,909,500. The trade was a 54.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.43% of the company’s stock.

Hedge Funds Weigh In On Trane Technologies

Several hedge funds have recently made changes to their positions in the business. Invesco Ltd. lifted its stake in Trane Technologies by 4.1% during the third quarter. Invesco Ltd. now owns 1,776,055 shares of the company’s stock valued at $749,424,000 after purchasing an additional 70,172 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in Trane Technologies by 0.5% during the third quarter. Raymond James Financial Inc. now owns 1,641,551 shares of the company’s stock worth $692,668,000 after buying an additional 8,324 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in Trane Technologies by 2.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,596,486 shares of the company’s stock worth $621,352,000 after buying an additional 31,904 shares during the last quarter. Amundi increased its holdings in shares of Trane Technologies by 5.1% in the fourth quarter. Amundi now owns 1,471,378 shares of the company’s stock valued at $572,661,000 after buying an additional 71,498 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD increased its holdings in shares of Trane Technologies by 3.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,242,031 shares of the company’s stock valued at $483,400,000 after buying an additional 45,978 shares in the last quarter. Institutional investors and hedge funds own 82.97% of the company’s stock.

About Trane Technologies

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.