Trane Technologies (NYSE:TT) Given New $505.00 Price Target at Barclays

Posted by Casey Walker on Jan 7th, 2026

Trane Technologies (NYSE:TT – Get Free Report) had its target price cut by equities research analysts at Barclays from $506.00 to $505.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Barclays‘s price objective would indicate a potential upside of 32.39% from the company’s previous close.

Several other research firms also recently issued reports on TT. Melius upgraded Trane Technologies from a “hold” rating to a “buy” rating and set a $490.00 price objective on the stock in a report on Wednesday. Citigroup boosted their price target on shares of Trane Technologies from $494.00 to $513.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Bank of America raised shares of Trane Technologies from a “neutral” rating to a “buy” rating and raised their price objective for the company from $490.00 to $550.00 in a research note on Thursday, November 13th. UBS Group cut their target price on shares of Trane Technologies from $544.00 to $520.00 and set a “buy” rating on the stock in a research note on Monday. Finally, JPMorgan Chase & Co. increased their target price on shares of Trane Technologies from $407.00 to $434.00 and gave the stock a “neutral” rating in a report on Wednesday, October 15th. Nine research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $474.60.

Read Our Latest Stock Report on TT

Trane Technologies Trading Up 0.1%

TT traded up $0.36 on Wednesday, hitting $381.46. The company had a trading volume of 1,423,425 shares, compared to its average volume of 2,052,059. The company’s fifty day moving average price is $408.35 and its 200 day moving average price is $419.98. Trane Technologies has a 1 year low of $298.15 and a 1 year high of $476.18. The company has a current ratio of 1.20, a quick ratio of 0.84 and a debt-to-equity ratio of 0.47. The firm has a market cap of $84.58 billion, a P/E ratio of 29.34, a PEG ratio of 1.98 and a beta of 1.21.

Trane Technologies (NYSE:TT – Get Free Report) last released its quarterly earnings results on Thursday, October 30th. The company reported $3.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.80 by $0.08. The business had revenue of $5.74 billion for the quarter, compared to the consensus estimate of $5.80 billion. Trane Technologies had a net margin of 13.93% and a return on equity of 37.04%. The business’s revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the firm earned $3.37 EPS. Trane Technologies has set its FY 2025 guidance at 12.950-13.050 EPS. As a group, equities analysts expect that Trane Technologies will post 12.83 earnings per share for the current year.

Insider Buying and Selling

In related news, CAO Elizabeth A. Elwell sold 600 shares of Trane Technologies stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $440.00, for a total transaction of $264,000.00. Following the sale, the chief accounting officer directly owned 7,148 shares in the company, valued at $3,145,120. This trade represents a 7.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.14% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Trane Technologies

Several hedge funds have recently made changes to their positions in the business. Financial Consulate Inc. purchased a new stake in Trane Technologies during the 3rd quarter valued at approximately $25,000. Icon Advisers Inc. Co. purchased a new stake in shares of Trane Technologies during the second quarter worth approximately $26,000. Ameriflex Group Inc. acquired a new stake in shares of Trane Technologies during the second quarter worth $28,000. Hantz Financial Services Inc. grew its position in Trane Technologies by 1,016.7% in the 2nd quarter. Hantz Financial Services Inc. now owns 67 shares of the company’s stock valued at $29,000 after buying an additional 61 shares during the last quarter. Finally, United Community Bank grew its position in Trane Technologies by 134.4% in the 3rd quarter. United Community Bank now owns 75 shares of the company’s stock valued at $32,000 after buying an additional 43 shares during the last quarter. Institutional investors and hedge funds own 82.97% of the company’s stock.

Trending Headlines about Trane Technologies

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

Positive Sentiment: Melius upgraded TT from “hold” to “buy” and set a $490 price target (~28% upside from current levels). This upgrade is likely supporting near-term buying interest and underpins the stock’s upside narrative.
Neutral Sentiment: Broker consensus remains tepid: an American Banking News summary shows the average brokerage rating at “Hold,” signaling mixed analyst conviction on TT’s near-term outlook. Trane Technologies Receives Average Rating of “Hold”
Neutral Sentiment: UBS trimmed its price target to $520 (from $544) but kept a “buy” stance — a modest downward adjustment to valuation expectations while maintaining confidence in the company’s longer-term prospects. UBS Lowers Trane Technologies Price Target to $520
Neutral Sentiment: Corporate/ESG item: Trane published a feature on its Hidden Disability Sunflower Program, which supports inclusion and may modestly bolster the company’s ESG profile but is unlikely to move the stock materially. Building Belonging: Trane Technologies’ Hidden Disability Sunflower Program
Negative Sentiment: Market concern about technology disruption: multiple outlets report investor worries that Nvidia’s new Rubin chips and AI-driven cooling approaches could reshape HVAC dynamics, potentially eroding future product differentiation and margins for incumbents like Trane. These stories are cited as a key reason for recent share weakness and heightened bearish commentary. Trane Technologies: Nvidia Woes And Bearish Tendencies Outweigh Strength Why Are Trane Technologies Shares Slipping? Is Nvidia disrupting HVAC?

About Trane Technologies

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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.