Moran Wealth Management LLC Sells 6,421 Shares of Trane Technologies plc $TT

Moran Wealth Management LLC lowered its stake in shares of Trane Technologies plc (NYSE:TT) by 4.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 126,971 shares of the company’s stock after selling 6,421 shares during the quarter. Trane Technologies comprises approximately 1.6% of Moran Wealth Management LLC’s holdings, making the stock its 6th largest holding. Moran Wealth Management LLC owned 0.06% of Trane Technologies worth $53,577,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. CX Institutional increased its holdings in shares of Trane Technologies by 15.5% during the 3rd quarter. CX Institutional now owns 1,741 shares of the company’s stock worth $735,000 after purchasing an additional 233 shares during the period. Childress Capital Advisors LLC grew its position in Trane Technologies by 26.7% during the third quarter. Childress Capital Advisors LLC now owns 1,453 shares of the company’s stock worth $613,000 after buying an additional 306 shares in the last quarter. Park Avenue Securities LLC bought a new position in Trane Technologies during the third quarter valued at about $7,867,000. Kathmere Capital Management LLC raised its holdings in Trane Technologies by 19.1% in the 3rd quarter. Kathmere Capital Management LLC now owns 593 shares of the company’s stock valued at $250,000 after acquiring an additional 95 shares in the last quarter. Finally, RFG Bristol Wealth Advisors LLC raised its holdings in Trane Technologies by 10.1% in the 3rd quarter. RFG Bristol Wealth Advisors LLC now owns 7,264 shares of the company’s stock valued at $3,065,000 after acquiring an additional 665 shares in the last quarter. 82.97% of the stock is owned by institutional investors.

Trane Technologies Stock Down 1.3%

Shares of NYSE TT opened at $376.28 on Thursday. The business has a fifty day moving average of $407.35 and a two-hundred day moving average of $419.67. 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 plc has a 52-week low of $298.15 and a 52-week high of $476.18. The stock has a market cap of $83.44 billion, a PE ratio of 28.94, a PEG ratio of 1.93 and a beta of 1.21.

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

Analyst Ratings Changes

Several analysts have recently weighed in on TT shares. JPMorgan Chase & Co. lifted their price objective on Trane Technologies from $407.00 to $434.00 and gave the stock a “neutral” rating in a report on Wednesday, October 15th. Bank of America raised Trane Technologies from a “neutral” rating to a “buy” rating and raised their target price for the stock from $490.00 to $550.00 in a research report on Thursday, November 13th. UBS Group lowered their price target on shares of Trane Technologies from $544.00 to $520.00 and set a “buy” rating on the stock in a report on Monday. Barclays dropped their price objective on shares of Trane Technologies from $506.00 to $505.00 and set an “overweight” rating for the company in a research note on Wednesday. Finally, Melius upgraded shares of Trane Technologies from a “hold” rating to a “buy” rating and set a $490.00 target price on the stock in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $474.60.

Key Stories Impacting 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 (~30% above the current price), which supports upside expectations and can attract buyers. Melius Upgrade
• Neutral Sentiment: Broker consensus remains generally cautious: an aggregation of analyst ratings shows an average “hold,” indicating mixed conviction among firms and limited directional pressure from consensus views. Average Rating
• Neutral Sentiment: Barclays trimmed its price target slightly (from $506 to $505) but kept an “overweight” rating — a modest technical adjustment that still implies a large upside, so the move is unlikely to be a major negative driver on its own. Barclays Note
• Negative Sentiment: Reports are raising concerns that NVIDIA and other chip firms (and related shifts in cooling/electronics design) could disrupt traditional HVAC demand dynamics or competitive positioning, pressuring investor sentiment around TT’s growth/profitability outlook. These industry-disruption stories are cited as a reason for recent share weakness. Tokenist: Nvidia’s Rubin Chips
• Negative Sentiment: Articles directly asking whether NVIDIA is “disrupting HVAC” (and noting similar pressure on peers like Johnson Controls) have contributed to sector-level selling and headline risk, which can amplify short-term declines even as fundamentals remain intact. Yahoo: Nvidia & HVAC
• Negative Sentiment: Seeking Alpha published a bearish analysis arguing that broader negative tendencies (and the Nvidia-related narrative) outweigh TT’s strengths, which can influence retail and short-term institutional flows. Seeking Alpha Bearish Take
• Negative Sentiment: UBS cut its price target to $520 — still above current levels but a downward revision that can temper upside expectations and contribute to near-term selling. UBS Price Target
• Neutral Sentiment: Non-market corporate news (e.g., Trane’s Hidden Disability Sunflower Program) is positive for ESG/stakeholder perception but unlikely to move the stock materially in the short term. Sunflower Program

Insider Activity

In other news, CAO Elizabeth A. Elwell sold 600 shares of Trane Technologies stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $440.00, for a total value of $264,000.00. Following the completion of the transaction, the chief accounting officer owned 7,148 shares in the company, valued at approximately $3,145,120. The trade was a 7.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.14% of the company’s stock.

About Trane Technologies

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.