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How to buy Trane Technologies stock (TT)

Buy Trane Technologies stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Trane Technologies is a building products & equipment business based in the US. Trane Technologies shares (TT) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $415.39 – an increase of 1.94% over the previous week. Trane Technologies employs 40,000 staff and has a trailing 12-month revenue of around $19.4 billion.

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  4. Search for the stock name – TT. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

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Trane Technologies stock price (NYSE: TT)

Use our graph to track the performance of TT stocks over time.

Trane Technologies shares at a glance

Information last updated 2024-11-14.
Latest market close$415.39
52-week range$219.04 - $421.78
50-day moving average $386.74
200-day moving average $333.13
Wall St. target price$401.06
PE ratio 37.5912
Dividend yield $3.27 (0.82%)
Earnings per share (TTM) $10.91

Is it a good time to buy Trane Technologies stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Trane Technologies price performance over time

Historical closes compared with the close of $411.16 from 2024-11-20

1 week (2024-11-14) 0.25%
1 month (2024-10-21) 2.58%
3 months (2024-08-21) 16.92%
6 months (2024-05-21) 22.52%
1 year (2023-11-21) 81.91%
2 years (2022-11-21) 139.83%
3 years (2021-11-19) 119.29%
5 years (2019-11-21) 342.12%

Is Trane Technologies stock undervalued or overvalued?

Valuing Trane Technologies stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Trane Technologies's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Trane Technologies's P/E ratio

Trane Technologies's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 38x. In other words, Trane Technologies shares trade at around 38x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Trane Technologies's PEG ratio

Trane Technologies's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.9715. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Trane Technologies's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Trane Technologies's EBITDA

Trane Technologies's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $3.7 billion.

The EBITDA is a measure of a Trane Technologies's overall financial performance and is widely used to measure a its profitability.

Trane Technologies financials

Revenue TTM $19.4 billion
Operating margin TTM 18.76%
Gross profit TTM $5 billion
Return on assets TTM 10.54%
Return on equity TTM 35.15%
Profit margin 12.73%
Book value $33.71
Market Capitalization $92.3 billion

TTM: trailing 12 months

Trane Technologies's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Trane Technologies.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Trane Technologies's total ESG risk score

Total ESG risk: 13.13

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Trane Technologies's overall score of 13.13 (as at 12/31/2018) is excellent – landing it in it in the 6th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Trane Technologies is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Trane Technologies's environmental score

Environmental score: 6.12/100

Trane Technologies's social score

Social score: 0.63/100

Trane Technologies's governance score

Governance score: 1.38/100

Trane Technologies's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Trane Technologies scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Trane Technologies has, for the most part, managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Trane Technologies plc was last rated for ESG on: 2019-01-01.

Total ESG score 13.13
Total ESG percentile 6.36
Environmental score 6.12
Social score 0.63
Governance score 1.38
Level of controversy 2

Trane Technologies share dividends

31%

Dividend payout ratio: 31.17% of net profits

Recently Trane Technologies has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Trane Technologies shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Trane Technologies's case, that would currently equate to about $3.27 per share.

While Trane Technologies's payout ratio might seem fairly standard, it's worth remembering that Trane Technologies may be investing much of the rest of its net profits in future growth.

Trane Technologies's most recent dividend payout was on 30 December 2024. The latest dividend was paid out to all shareholders who bought their shares by 5 December 2024 (the "ex-dividend date").

Have Trane Technologies's shares ever split?

Trane Technologies's shares were split on a 1289:1000 basis on 1 March 2020 . So if you had owned 1000 shares the day before before the split, the next day you'd have owned 1289 shares. This wouldn't directly have changed the overall worth of your Trane Technologies shares – just the quantity. However, indirectly, the new 22.4% lower share price could have impacted the market appetite for Trane Technologies shares which in turn could have impacted Trane Technologies's share price.

Trane Technologies share price volatility

Over the last 12 months, Trane Technologies's shares have ranged in value from as little as $219.0411 up to $421.78. A popular way to gauge a stock's volatility is its "beta".

TT.US volatility(beta: 1.22)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Trane Technologies's is 1.221. This would suggest that Trane Technologies's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Trane Technologies overview

Trane Technologies plc, together with its subsidiaries, designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, custom, and custom and transport refrigeration in Ireland and internationally. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps, auxiliary power units; chillers; coils and condensers; gensets; dehumidifiers; ductless; furnaces; home automation products; humidifiers; indoor air quality assessments and related products; large and light commercial unitary products; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps. The company also provides building management, telematic, control, energy efficiency and infrastructure program, geothermal, thermal energy, thermostats, rate chambers, package heating and cooling, temporary heating and cooling, and unitary systems; bus, rail, and multi-pipe heating, ventilation, and air conditioning systems; and container, diesel-powered, truck, industrial, rail, self-powered truck, trailer, and vehicle-powered truck refrigeration and air filtration systems, as well as aftermarket and OEM parts and supplies. In addition, it offers energy and facility management, installation and performance contracting, repair and maintenance, and rental services. It markets and sells its products under the Trane and Thermo King brands through sales offices, distributors, and dealers; and through sales and service companies with a supporting chain of distributors. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. Trane Technologies plc was founded in 1885 and is headquartered in Swords, Ireland.

Frequently asked questions

What percentage of Trane Technologies is owned by insiders or institutions?
Currently 0.311% of Trane Technologies shares are held by insiders and 88.831% by institutions.
How many people work for Trane Technologies?
Latest data suggests 40,000 work at Trane Technologies.
When does the fiscal year end for Trane Technologies?
Trane Technologies's fiscal year ends in December.
Where is Trane Technologies based?
Trane Technologies's address is: 170/175 Lakeview Drive, Swords, Ireland
What is Trane Technologies's ISIN number?
Trane Technologies's international securities identification number is: IE00BK9ZQ967
What is Trane Technologies's CUSIP number?
Trane Technologies's Committee on Uniform Securities Identification Procedures number is: 456866102

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