Trane Technologies (TT) Stock Insights

TT price $428.17 -20.30 -4.53%

Ticker
TT
Price
$428.17
Change
-20.30 -4.53%
Market cap ?
$94.21B
P/E ?
34.67
Forward P/E ?
28.02
Dividend yield ?
0.89%
Beta ?
1.16
Sector
Industrials
Industry
Industrial - Machinery
Stocklytics score
48
Value
24
Quality
60
Growth
60

Stocklytics score rationale: value 24, quality 60, growth 60.

Financials

2016201720182019202020212022202320242025
13508900000141976000001234380000013075900000124547000001413640000015991700000176776000001983820000021321900000

Trane Technologies plc designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, and custom and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps; chillers; coils and condensers; auxiliary power, cold storage, and condensing units; controls contracting and commissioning, decarbonization…

Fair value

TT fair value $395.79. Price $428.17. Price is 8% above fair value.

Above fair value, but less expensive than usual. A smaller premium than on 98% of days in the past 5 years.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 3.82B. Growth 8.56%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 10.66% (beta 1.2). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 220.02M. Net debt 2.85B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Compare TT

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2027-02-04—3.61—5.97B
2026-10-294.864.736.76B6.50B
2026-07-304.314.276.35B6.20B
2026-04-302.632.534.97B4.81B
2026-01-292.862.815.14B5.09B
2025-10-303.883.805.74B5.77B
2025-07-303.883.795.75B5.77B
2025-04-302.452.204.69B4.46B
2025-01-302.612.524.87B4.79B
2024-10-303.373.255.44B5.32B
2024-07-313.303.085.31B5.13B
2024-04-301.941.654.22B4.00B
2024-02-012.172.134.42B3.99B
2023-11-012.792.664.88B4.43B
2023-08-022.682.564.70B4.80B
2023-05-031.411.343.67B4.61B
2023-02-021.821.644.07B3.64B
2022-11-022.272.124.37B4.14B
2022-08-032.162.104.19B4.12B
2022-05-041.120.993.36B3.15B
2022-01-311.361.313.57B3.54B
2021-11-031.801.843.72B3.80B
2021-08-041.921.903.83B3.83B
2021-05-051.010.623.02B2.84B
2021-02-051.030.923.18B2.80B
2020-10-281.721.353.50B2.74B
2020-07-291.270.743.14B2.20B
2020-05-050.430.502.64B3.19B
2020-01-291.401.424.15B4.21B
2019-10-291.991.914.34B4.17B
2019-07-302.092.054.53B3.55B
2019-04-300.890.803.58B2.52B
2019-01-301.321.293.90B3.81B
2018-10-241.751.714.03B3.94B
2018-07-251.851.734.36B4.08B
2018-04-250.700.623.38B3.00B
2018-01-311.021.033.62B3.65B
2017-10-251.441.433.67B3.65B
2017-07-261.491.463.91B3.83B
2017-04-260.570.533.00B2.79B

Dividends

Yield 0.96%. Payout ratio 42.38%. Frequency Quarterly.

Safety score 86/100 · Safe. Payout ratio is 42% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 44 separate years. Yield is 1.0%, which is modest.

Ex-dateDividendRecordPaymentFrequency
2026-12-04$1.052026-12-042026-12-31Quarterly
2026-09-04$1.052026-09-042026-09-30Quarterly
2026-06-05$1.052026-06-052026-06-30Quarterly
2026-03-06$1.052026-03-062026-03-31Quarterly
2025-12-05$0.942025-12-052025-12-31Quarterly
2025-09-05$0.942025-09-052025-09-30Quarterly
2025-06-06$0.942025-06-062025-06-30Quarterly
2025-03-07$0.942025-03-072025-03-31Quarterly
2024-12-06$0.842024-12-062024-12-31Quarterly
2024-09-06$0.842024-09-062024-09-30Quarterly
2024-06-07$0.842024-06-072024-06-28Quarterly
2024-02-29$0.842024-03-012024-03-29Quarterly
2023-11-30$0.752023-12-012023-12-29Quarterly
2023-08-31$0.752023-09-012023-09-29Quarterly
2023-06-01$0.752023-06-022023-06-30Quarterly
2023-03-02$0.752023-03-032023-03-31Quarterly
2022-12-01$0.672022-12-022022-12-30Quarterly
2022-09-01$0.672022-09-022022-09-30Quarterly
2022-06-02$0.672022-06-032022-06-30Quarterly
2022-03-03$0.672022-03-042022-03-31Quarterly
2021-12-02$0.592021-12-032021-12-31Quarterly
2021-09-02$0.592021-09-032021-09-30Quarterly
2021-06-03$0.592021-06-042021-06-30Quarterly
2021-03-04$0.592021-03-052021-03-31Quarterly
2020-12-03$0.532020-12-042020-12-31Quarterly
2020-09-03$0.532020-09-042020-09-30Quarterly
2020-06-04$0.532020-06-052020-06-30Quarterly
2020-03-12$0.532020-03-132020-03-31Quarterly
2019-12-05$0.412019-12-062019-12-31Quarterly
2019-09-05$0.412019-09-062019-09-30Quarterly
2019-06-06$0.412019-06-072019-06-28Quarterly
2019-03-07$0.412019-03-082019-03-29Quarterly
2018-12-06$0.412018-12-072018-12-31Quarterly
2018-09-06$0.412018-09-072018-09-28Quarterly
2018-06-07$0.352018-06-082018-06-29Quarterly
2018-03-08$0.352018-03-092018-03-30Quarterly
2017-12-07$0.352017-12-082017-12-29Quarterly
2017-09-07$0.352017-09-082017-09-29Quarterly
2017-06-07$0.312017-06-092017-06-30Quarterly
2017-03-08$0.312017-03-102017-03-31Quarterly
2016-12-07$0.31——Quarterly
2016-09-07$0.25——Quarterly
2016-06-08$0.25——Quarterly
2016-03-09$0.25——Quarterly
2015-12-09$0.22——Quarterly
2015-09-09$0.22——Quarterly
2015-06-10$0.22——Quarterly
2015-03-11$0.22——Quarterly
2014-12-10$0.19——Quarterly
2014-09-10$0.19——Quarterly
2014-06-11$0.19——Quarterly
2014-03-12$0.19——Quarterly
2013-10-30$0.13——Monthly
2013-09-11$0.13——Quarterly
2013-06-12$0.13——Quarterly
2013-03-08$0.13——Quarterly
2012-12-12$0.10——Quarterly
2012-09-11$0.10——Quarterly
2012-06-14$0.10——Quarterly
2012-03-08$0.10——Quarterly
2011-12-12$0.07——Quarterly
2011-09-09$0.07——Quarterly
2011-06-15$0.07——Quarterly
2011-03-09$0.04——Quarterly
2010-12-10$0.04——Quarterly
2010-09-10$0.04——Quarterly
2010-06-10$0.04——Quarterly
2010-02-12$0.04——Quarterly
2009-11-10$0.04——Quarterly
2009-08-14$0.04——Quarterly
2009-05-12$0.11——Quarterly
2009-02-11$0.11——Quarterly
2008-11-12$0.11——Quarterly
2008-08-13$0.11——Quarterly
2008-05-13$0.11——Quarterly
2008-02-13$0.11——Quarterly
2007-11-08$0.11——Quarterly
2007-08-13$0.11——Quarterly
2007-05-11$0.11——Quarterly
2007-02-14$0.11——Quarterly

Insider trades

DateInsiderActionSharesPriceValue
2026-10-06Regnery David SBuy48.09K$78.973.80M
2026-10-06Regnery David SSell48.09K$480.0023.08M
2026-10-06Regnery David SSell48.09K$78.973.80M
2026-08-05Regnery David SBuy43.78K$70.223.07M
2026-08-05Regnery David SSell43.78K$475.0020.79M
2026-08-05Regnery David SSell43.78K$70.223.07M
2026-08-04Schaeffer Melissa N.Sell145$472.2768.48K
2026-07-01Simmons Donald E.Buy826——
2026-07-01Simmons Donald E.Buy3.08K$484.581.49M
2026-06-05HAYES JOHN ABuy438——
2026-06-05HAYES JOHN ASell112$456.8451.17K
2026-06-05Arnold Kirk EBuy438——
2026-06-05Arnold Kirk ESell112$456.8451.17K
2026-06-05de Jesus Assis Ana PaulaBuy438——
2026-06-05de Jesus Assis Ana PaulaSell224$456.84102.33K
2026-06-05BERZIN ANN CBuy438——
2026-06-05BERZIN ANN CSell112$456.8451.17K
2026-06-05Miller Boise AprilBuy438——
2026-06-05Miller Boise AprilSell112$456.8451.17K
2026-06-05George Mark RBuy438——
2026-06-05George Mark RSell112$456.8451.17K
2026-06-05Lee Myles PBuy438——
2026-06-05Lee Myles PSell224$456.84102.33K
2026-06-05Pine Matthew FrancisBuy438——
2026-06-05Pine Matthew FrancisSell112$456.8451.17K
2026-06-05Schaeffer Melissa N.Buy438——
2026-06-05Schaeffer Melissa N.Sell112$456.8451.17K
2026-06-05SURMA JOHN PBuy438——
2026-06-05SURMA JOHN PSell112$456.8451.17K
2026-06-04HUDSON LINDA PSell112$463.7651.94K
2026-04-30Simmons Donald E.Buy4.59K$180.45828.81K
2026-04-30Simmons Donald E.Sell4.59K$500.002.30M
2026-04-30Simmons Donald E.Sell4.59K$180.45828.81K
2026-04-08Kuehn Christopher JSell8.62K$450.003.88M
2026-03-06Elwell Elizabeth A.Sell635$422.70268.42K
2026-03-06Regnery David SSell36.05K$422.6915.24M
2026-03-06Simmons Donald E.Sell3.76K$422.701.59M
2026-03-05HAYES JOHN ABuy400$430.44172.18K
2026-03-04Elwell Elizabeth A.Buy888——
2026-03-04Elwell Elizabeth A.Sell253$445.05112.60K
2026-03-04Kuehn Christopher JBuy15.24K——
2026-03-04Kuehn Christopher JSell6.62K$445.052.95M
2026-03-04Magner MaireadBuy4.25K——
2026-03-04Regnery David SBuy63.73K——
2026-03-04Regnery David SSell27.68K$445.0512.32M
2026-03-04Simmons Donald E.Buy6.65K——
2026-03-04Simmons Donald E.Sell2.89K$445.051.29M
2026-02-12Simmons Donald E.Buy7.66K$167.181.28M
2026-02-12Simmons Donald E.Sell7.66K$475.003.64M
2026-02-12Simmons Donald E.Sell7.66K$167.181.28M
2026-02-10Kuehn Christopher JSell1.56K$462.77721.00K
2026-02-10Kuehn Christopher JSell831$462.57384.39K
2026-02-10Regnery David SSell5.59K$462.602.59M
2026-02-10Simmons Donald E.Sell822$462.57380.23K
2026-02-10Elwell Elizabeth A.Sell137$462.4863.36K
2026-02-07Regnery David SSell2.18K$454.76992.74K
2026-02-07Elwell Elizabeth A.Sell39$454.7617.74K
2026-02-07Simmons Donald E.Sell174$454.7679.13K
2026-02-07Kuehn Christopher JSell607$454.76276.04K
2026-02-07Magner MaireadSell99$454.7645.02K
2026-02-06Regnery David SSell987$451.08445.21K
2026-02-06Regnery David SSell1.49K$454.76676.23K
2026-02-06Elwell Elizabeth A.Sell46$451.1320.75K
2026-02-06Elwell Elizabeth A.Sell32$454.7614.55K
2026-02-06Simmons Donald E.Sell439$451.30198.12K
2026-02-06Simmons Donald E.Sell154$454.7670.03K
2026-02-06Kuehn Christopher JSell311$454.76141.43K
2026-02-06Magner MaireadSell68$454.7630.92K
2026-02-04Atalla MauroSell189$441.2083.39K
2026-02-04Elwell Elizabeth A.Sell24$441.2010.59K
2026-02-04Kuehn Christopher JSell348$441.20153.54K
2026-02-04Magner MaireadSell91$441.2040.15K
2026-02-04Regnery David SSell349$441.20153.98K
2026-02-04Simmons Donald E.Sell195$441.2086.03K
2026-02-03Regnery David SBuy8.33K——
2026-02-03Regnery David SBuy31.11K$435.3613.54M
2026-02-03Atalla MauroBuy3.65K$435.361.59M
2026-02-03Atalla MauroBuy977——
2026-02-03Elwell Elizabeth A.Buy230——
2026-02-03Elwell Elizabeth A.Buy859$435.36373.97K
2026-02-03Guo Mingxiao GaryBuy919——
2026-02-03Guo Mingxiao GaryBuy3.43K$435.361.49M
2026-02-03Kuehn Christopher JBuy2.73K——
2026-02-03Kuehn Christopher JBuy10.19K$435.364.44M
2026-02-03Lazar VictoriaBuy3.43K$435.361.49M
2026-02-03Lazar VictoriaBuy919——
2026-02-03Magner MaireadBuy862——
2026-02-03Magner MaireadBuy3.22K$435.361.40M
2026-02-03Simmons Donald E.Buy7.51K$435.363.27M
2026-02-03Simmons Donald E.Buy2.01K——
2025-12-04Guo Mingxiao GaryBuy5.95K——
2025-12-04Guo Mingxiao GaryOther0——
2025-10-30Elwell Elizabeth A.Buy600$78.9747.38K
2025-10-30Elwell Elizabeth A.Sell600$440.00264.00K
2025-10-30Elwell Elizabeth A.Sell600$78.9747.38K
2025-10-01Elwell Elizabeth A.Buy401$70.2228.16K
2025-10-01Elwell Elizabeth A.Sell401$425.00170.43K
2025-10-01Elwell Elizabeth A.Sell401$70.2228.16K
2025-09-29Lazar VictoriaOther0——
2025-09-02Regnery David SBuy22.50K$62.531.41M

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 1.87K, holders +78 vs prior quarter. Ownership 87.33%.

HolderSharesChangeChange %Value
BLACKROCK, INC.21.88M232.01K+1.07%10.74B
VANGUARD CAPITAL MANAGEMENT LLC14.44M55.02K+0.38%7.09B
JPMORGAN CHASE & CO12.56M-4.17M-24.93%6.03B
FMR LLC10.09M218.85K+2.22%4.95B
STATE STREET CORP10.08M-27.47K-0.27%4.95B
MORGAN STANLEY5.42M112.27K+2.12%2.66B
GEODE CAPITAL MANAGEMENT, LLC5.20M12.59K+0.24%2.54B
VANGUARD PORTFOLIO MANAGEMENT LLC3.59M58.07K+1.64%1.76B
FRANKLIN TEMPLETON INC3.29M1.16M+54.03%1.62B
NUVEEN, LLC3.01M200.19K+7.12%1.48B
NORGES BANK2.92M2.92MNew1.43B
NORTHERN TRUST CORP2.46M-44.62K-1.78%1.21B
BANK OF AMERICA CORP /DE/2.41M761.48K+46.15%1.18B
UBS GROUP AG2.37M-125.89K-5.05%1.16B
AMERIPRISE FINANCIAL INC2.35M-181.36K-7.18%1.15B
BANK OF NEW YORK MELLON CORP2.27M-93.08K-3.93%1.12B
GOLDMAN SACHS GROUP INC2.21M-3.77K-0.17%1.09B
WELLINGTON MANAGEMENT GROUP LLP2.10M-186.67K-8.17%1.03B
NORDEA INVESTMENT MANAGEMENT AB2.02M-610.71K-23.24%992.58M
AMUNDI1.95M-227.67K-10.47%956.15M
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P.1.77M1.77MNew869.73M
CHARLES SCHWAB INVESTMENT MANAGEMENT INC1.77M127.78K+7.78%869.73M
JUPITER TOPCO LLC1.75M1.75MNew858.79M
FISHER ASSET MANAGEMENT, LLC1.72M-141.18K-7.58%844.93M
ALLIANCEBERNSTEIN L.P.1.83M1.46M+393.44%764.66M

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Trane Technologies (TT) Stock Insights

TT$428.17-20.30 -4.53%

$94.21B

Market Cap

34.67

P/E

28.02

Forward P/E

48

Score

Price History