Wells Fargo & Company Forecasts Strong Price Appreciation for Trane Technologies (NYSE:TT) Stock

Trane Technologies (NYSE:TT) had its price objective increased by Wells Fargo & Company from $375.00 to $400.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has an “underweight” rating on the stock. Wells Fargo & Company‘s price objective points to a potential downside of 3.77% from the stock’s current price.

Several other equities analysts have also recently weighed in on TT. UBS Group decreased their target price on shares of Trane Technologies from $544.00 to $520.00 and set a “buy” rating for the company in a research note on Monday, January 5th. Royal Bank Of Canada boosted their price objective on shares of Trane Technologies from $467.00 to $469.00 and gave the stock a “sector perform” rating in a research note on Friday, October 31st. JPMorgan Chase & Co. raised their target price on shares of Trane Technologies from $407.00 to $434.00 and gave the company a “neutral” rating in a research note on Wednesday, October 15th. Citigroup boosted their price target on Trane Technologies from $494.00 to $513.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Finally, Barclays cut their price objective on Trane Technologies from $506.00 to $505.00 and set an “overweight” rating for the company in a research report on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $481.40.

Trane Technologies Stock Down 2.4%

Trane Technologies stock traded down $10.38 during mid-day trading on Friday, reaching $415.69. The company’s stock had a trading volume of 829,472 shares, compared to its average volume of 2,039,167. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.84 and a current ratio of 1.20. Trane Technologies has a 12 month low of $298.15 and a 12 month high of $476.18. The business’s 50 day simple moving average is $396.04 and its 200 day simple moving average is $415.08. The company has a market capitalization of $92.18 billion, a price-to-earnings ratio of 32.18, a price-to-earnings-growth ratio of 1.97 and a beta of 1.21.

Trane Technologies (NYSE:TT) last announced its quarterly earnings data on Thursday, January 29th. The company reported $2.86 earnings per share for the quarter, beating the consensus estimate of $2.81 by $0.05. Trane Technologies had a return on equity of 37.04% and a net margin of 13.93%.The company had revenue of $5.14 billion during the quarter, compared to analysts’ expectations of $5.09 billion. During the same quarter last year, the company earned $2.61 EPS. Trane Technologies’s revenue for the quarter was up 5.6% compared to the same quarter last year. As a group, research analysts anticipate that Trane Technologies will post 12.83 earnings per share for the current year.

Institutional Trading of Trane Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Ethic Inc. grew its holdings in Trane Technologies by 6.6% during the 2nd quarter. Ethic Inc. now owns 26,836 shares of the company’s stock worth $11,601,000 after acquiring an additional 1,672 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new position in Trane Technologies during the 3rd quarter worth about $6,571,000. Nordea Investment Management AB grew its position in shares of Trane Technologies by 2.4% in the 3rd quarter. Nordea Investment Management AB now owns 2,513,508 shares of the company’s stock valued at $1,051,049,000 after buying an additional 57,774 shares during the last quarter. Boston Common Asset Management LLC acquired a new stake in shares of Trane Technologies in the third quarter valued at about $9,546,000. Finally, Compass Wealth Management LLC lifted its stake in shares of Trane Technologies by 3,785.4% in the third quarter. Compass Wealth Management LLC now owns 27,198 shares of the company’s stock worth $11,476,000 after acquiring an additional 26,498 shares during the period. Institutional investors and hedge funds own 82.97% of the company’s stock.

Key Stories Impacting Trane Technologies

Here are the key news stories impacting Trane Technologies this week:

• Positive Sentiment: Q4 beats and record bookings — TT posted adjusted Q4 EPS of $2.86 (beat) and revenue of $5.15B (beat); bookings jumped ~24% YoY and backlog provides strong visibility into 2026. This is the main earnings-side catalyst supporting the stock. BusinessWire: Q4 Results
• Positive Sentiment: Revenue guidance lifted above Street — FY2026 revenue guide of $23.1B–$23.4B is modestly above the consensus (~$22.9B), signalling demand strength and supporting forward top-line expectations.
• Neutral Sentiment: EPS guidance essentially in-line — FY2026 EPS guidance of $14.65–$14.85 lines up with the consensus (~$14.79), so while not a downside surprise it gives investors mixed signals on upside to estimates.
• Neutral Sentiment: Analyst commentary and momentum narratives are active — multiple outlets and the full earnings transcript/slides are circulating, supporting continued investor attention but also adding short-term volatility. Seeking Alpha: Q4 Call Transcript
• Negative Sentiment: Profit-taking and valuation pressure — after recent gains and a high P/E (~32), some investors likely locked in profits despite the beats; the EPS guide being only in-line reduced upside surprise potential and contributed to the intraday pullback. AAII: Why TT Stock Is Up

Trane Technologies Company Profile

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.