Franklin Resources Inc. Has $766.61 Million Holdings in Trane Technologies plc $TT

Franklin Resources Inc. decreased its stake in Trane Technologies plc (NYSE:TT) by 10.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,816,792 shares of the company’s stock after selling 221,156 shares during the period. Franklin Resources Inc. owned approximately 0.82% of Trane Technologies worth $766,607,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. King Luther Capital Management Corp raised its stake in Trane Technologies by 1.3% during the 2nd quarter. King Luther Capital Management Corp now owns 1,942 shares of the company’s stock valued at $849,000 after purchasing an additional 24 shares during the last quarter. Old Port Advisors grew its position in Trane Technologies by 3.2% in the 3rd quarter. Old Port Advisors now owns 778 shares of the company’s stock worth $328,000 after purchasing an additional 24 shares during the last quarter. OneAscent Wealth Management LLC increased its holdings in shares of Trane Technologies by 1.5% during the 3rd quarter. OneAscent Wealth Management LLC now owns 1,627 shares of the company’s stock worth $686,000 after purchasing an additional 24 shares during the period. Bridgewater Advisors Inc. increased its holdings in shares of Trane Technologies by 3.7% during the 3rd quarter. Bridgewater Advisors Inc. now owns 670 shares of the company’s stock worth $285,000 after purchasing an additional 24 shares during the period. Finally, West Family Investments Inc. raised its position in shares of Trane Technologies by 2.3% during the third quarter. West Family Investments Inc. now owns 1,072 shares of the company’s stock valued at $452,000 after buying an additional 24 shares during the last quarter. Institutional investors 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: Quarterly results topped expectations (EPS and revenue marginally above consensus), supporting near‑term earnings visibility and multiple expansion. MarketBeat TT Company Page
• Positive Sentiment: Board approved a higher quarterly dividend (raised to $1.05 per share), which increases yield and signals confidence in cash flow and capital return policy. MarketBeat Dividend Item
• Positive Sentiment: Product/market expansion: Trane launched an HSAG air‑cooled magnetic‑bearing chiller aimed at Asia‑Pacific data center growth — a growth market with attractive aftermarket and service upside. Tridto: HSAG Chiller Launch
• Positive Sentiment: Commercial expansion: Company is expanding heat‑protection offerings in emerging markets, which could support incremental revenue and services growth in hotter, higher‑demand regions. Yahoo Finance: Heat Protection Expansion
• Neutral Sentiment: Analyst coverage remains broadly constructive (mix of Buy/Hold) with a consensus price target above current levels — helpful context but already priced into shares. MarketBeat Analyst Summary
• Negative Sentiment: CEO David S. Regnery sold 36,045 shares (~$15.2M at ~$422.7), a meaningful reduction in his position that investors may view as a negative signal on insider conviction. SEC Filing: CEO Sale
• Negative Sentiment: Other insider sales: Donald E. Simmons sold 3,762 shares and CAO Elizabeth Elwell sold 635 shares on the same day — additional insider selling that could increase short‑term volatility or investor concern. SEC Filing: Simmons Sale SEC Filing: Elwell Sale

Trane Technologies Price Performance

Shares of Trane Technologies stock opened at $433.46 on Wednesday. The firm has a market cap of $95.94 billion, a P/E ratio of 33.39, a price-to-earnings-growth ratio of 2.25 and a beta of 1.19. The firm’s 50-day simple moving average is $424.27 and its 200-day simple moving average is $417.09. Trane Technologies plc has a twelve month low of $298.15 and a twelve month high of $479.37. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.92 and a current ratio of 1.25.

Trane Technologies (NYSE:TT) last posted its quarterly earnings results on Thursday, January 29th. The company reported $2.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.81 by $0.05. The firm had revenue of $5.14 billion during the quarter, compared to analyst estimates of $5.09 billion. Trane Technologies had a net margin of 13.69% and a return on equity of 36.34%. The company’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.61 earnings per share. As a group, research analysts expect that Trane Technologies plc will post 12.83 EPS for the current fiscal year.

Trane Technologies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 6th will be issued a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Friday, March 6th. This is a boost from Trane Technologies’s previous quarterly dividend of $0.94. Trane Technologies’s payout ratio is currently 32.36%.

Insider Buying and Selling

In other Trane Technologies news, insider Donald E. Simmons sold 3,762 shares of the company’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $422.70, for a total value of $1,590,197.40. Following the sale, the insider directly owned 3,819 shares in the company, valued at $1,614,291.30. This represents a 49.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO David S. Regnery sold 36,045 shares of the stock in a transaction on Friday, March 6th. The stock was sold at an average price of $422.69, for a total value of $15,235,861.05. Following the transaction, the chief executive officer owned 96,948 shares of the company’s stock, valued at $40,978,950.12. This represents a 27.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 49,378 shares of company stock valued at $21,228,464. 0.14% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

TT has been the subject of several research reports. Melius Research upgraded shares of Trane Technologies from a “hold” rating to a “buy” rating and set a $490.00 target price for the company in a research note on Wednesday, January 7th. JPMorgan Chase & Co. boosted their price target on Trane Technologies from $434.00 to $460.00 and gave the company a “neutral” rating in a research note on Friday, January 30th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Trane Technologies in a report on Wednesday, January 21st. KeyCorp upgraded Trane Technologies from a “sector weight” rating to an “overweight” rating and set a $500.00 price objective for the company in a research report on Monday, December 15th. Finally, Citigroup boosted their price objective on Trane Technologies from $513.00 to $525.00 and gave the company a “buy” rating in a research report on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $484.67.

Trane Technologies 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.