Ninety One UK Adds $67M in Trane Technologies plc ($TT)

Key Points

  • Ninety One UK changed its Trane Technologies plc ($TT) stake by 21.8% last quarter, boosting to 821,041 shares worth $376.24 million.
  • Wall Street's consensus rating on $TT is Buy and an average price target of $521.51.
  • $TT last traded around $458.25.

Ninety One UK increased its position in Trane Technologies plc ($TT) by 21.8% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 821,041 shares of Trane Technologies plc after buying 146,811 shares during the quarter. Ninety One UK's holdings in Trane Technologies plc were worth $376.24 million as of its most recent filing.

Trane Technologies plc ($TT) Stock

Last price$458.25
Market cap$101.30B
P/E ratio34.95
Forward P/E26.92
PEG ratio1.95
Beta1.21
52-week low$348.06
52-week high$503.47
50-day MA$465.24
200-day MA$429.55
Current ratio1.09
Quick ratio0.73
Debt-to-equity0.54

Trane Technologies plc Earnings

EPS (ttm)$13.11
Revenue (ttm)$21.60B
Revenue growth6.0%
Net margin13.4%
Return on equity36.6%
Next earningsJul 29, 2026

Trane Technologies plc Dividend

Annual dividend$4.20
Dividend yield92.00%
Payout ratio29.6%
Ex-dividend dateSep 4, 2026

Analysts Set New Price Targets

ConsensusBuy
Average target$521.51
High target$585.00
Low target$402.00
Analysts covering23

About Trane Technologies plc

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 programs, and gensets; dehumidifiers; energy and water efficiency programs; energy recovery ventilators and power solutions; energy storage; furnaces; home automation; humidifiers; HVAC performance-monitoring products; and indoor air quality assessments and related products for HVAC and transport solutions. The company also provides asset management, building management, bus air purification, bus and rail HVAC, container refrigeration, control, ductless, geothermal, data center and multi-pipe HVAC, package heating and cooling, rail refrigeration, residential air filtration, self and vehicle powered truck refrigeration, temporary heating and cooling, truck refrigeration, unitary, variable refrigerant flow, and trailer refrigeration systems. In addition, it offers industrial process refrigeration, installation contracting, lighting retrofit, medical grade refrigeration, refrigerant reclamation, renewable energy and storage, residential hybrid heating, telematics, thermostats/controls and associated digital, ventilation, and stationary cold storage solutions; packaged rooftop units; rate chambers; residential air filters; thermal energy storage; transport heater products; temperature freezers; energy infrastructure programs and management, repair and maintenance, smart and AI-enabled, and rental services; water source heat pumps; and aftermarket and OEM parts and supplies. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. The company was founded in 1885 and is headquartered in Swords, Ireland.

ExchangeNYSE
SectorIndustrials
IndustryBuilding Products & Equipment
HeadquartersSwords, Ireland
CEOMr. David S. Regnery
Employees44,000

See Also

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