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Trane Technologies plc Stock Research

TT

201.24USD-1.87(-0.92%)Market Closed
Watchlist

Market Summary

USD201.24-1.87
Market Closed
-0.92%

TT Alerts

  • 1 major insider sales recently.

TT Stock Price

TT RSI Chart

TT Valuation

Market Cap

46.0B

Price/Earnings (Trailing)

24.4

Price/Sales (Trailing)

2.73

EV/EBITDA

15.81

Price/Free Cashflow

29.75

TT Price/Sales (Trailing)

TT Profitability

EBT Margin

13.68%

Return on Equity

29.97%

Return on Assets

10.11%

Free Cashflow Yield

3.36%

TT Fundamentals

TT Revenue

Revenue (TTM)

16.8B

Revenue Y/Y

12.27%

Revenue Q/Q

28.34%

TT Earnings

Earnings (TTM)

1.9B

Earnings Y/Y

15.1%

Earnings Q/Q

88.43%

Price Action

52 Week Range

139.07211.58
(Low)(High)

Last 7 days

-2.9%

Last 30 days

1.4%

Last 90 days

8.9%

Trailing 12 Months

30.1%

TT Financial Health

Current Ratio

1.26

TT Investor Care

Dividend Yield

1.35%

Dividend/Share (TTM)

2.68

Buy Backs (1Y)

2.27%

Diluted EPS (TTM)

8.11

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for TT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-05
Magner Mairead
acquired
275,069
62.53
4,399
senior vice president
2023-09-05
Magner Mairead
sold
-883,749
200
-4,399
senior vice president
2023-08-08
HUDSON LINDA P
sold
-634,570
204
-3,100
-
2023-08-08
Turtz Evan M
acquired
465,496
76.2109
6,108
senior vice president
2023-08-08
Turtz Evan M
sold
-1,253,440
205
-6,108
senior vice president
2023-08-01
Camuti Paul A
sold
-1,005,000
201
-5,000
executive vice president
2023-08-01
Camuti Paul A
acquired
312,650
62.53
5,000
executive vice president
2023-07-17
SULTANA KEITH A
sold
-784,872
198
-3,964
senior vice president
2023-07-17
SULTANA KEITH A
acquired
590,557
148
3,964
senior vice president
2023-07-12
Camuti Paul A
sold
-980,000
196
-5,000
executive vice president

1–10 of 50

Which funds bought or sold TT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-12
Farther Finance Advisors, LLC
added
0.77
9,138
201,397
0.04%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
unchanged
-
473
12,432
-%
2023-09-07
ST GERMAIN D J CO INC
new
-
742,089
742,089
0.04%
2023-09-05
Delos Wealth Advisors, LLC
unchanged
-
22.00
574
-%
2023-08-29
Garde Capital, Inc.
unchanged
-
6,000
160,000
0.01%
2023-08-23
HEADINVEST, LLC
reduced
-1.45
33,684
415,259
0.09%
2023-08-23
Stonebridge Capital Advisors LLC
unchanged
-
932
24,481
-%
2023-08-23
Rehmann Capital Advisory Group
new
-
205,257
205,257
0.02%
2023-08-22
Old North State Trust, LLC
sold off
-100
-67,000
-
-%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-4.09
-12,000
3,962,000
0.04%

1–10 of 47

Latest Funds Activity

Are funds buying TT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own TT
No. of Funds

Schedule 13G FIlings of Trane Tech

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
8.07%
18,594,004
SC 13G/A
Feb 08, 2023
blackrock inc.
8.5%
19,614,853
SC 13G/A
Jan 27, 2023
jpmorgan chase & co
8.0%
18,472,563
SC 13G/A
Feb 09, 2022
vanguard group inc
7.60%
18,055,927
SC 13G/A
Feb 03, 2022
blackrock inc.
8.3%
19,659,375
SC 13G/A
Jan 28, 2022
jpmorgan chase & co
7.4%
17,652,938
SC 13G
Feb 10, 2021
vanguard group inc
7.42%
17,814,249
SC 13G
Feb 01, 2021
blackrock inc.
7.5%
17,933,014
SC 13G/A
Feb 12, 2020
vanguard group inc
7.52%
17,974,014
SC 13G/A
Feb 05, 2020
blackrock inc.
7.1%
16,979,000
SC 13G/A

Recent SEC filings of Trane Tech

View All Filings
Date Filed Form Type Document
Sep 06, 2023
4
Insider Trading
Sep 05, 2023
144
Notice of Insider Sale Intent
Aug 09, 2023
4
Insider Trading
Aug 09, 2023
4
Insider Trading
Aug 08, 2023
144
Notice of Insider Sale Intent
Aug 08, 2023
144
Notice of Insider Sale Intent
Aug 03, 2023
4
Insider Trading
Aug 02, 2023
10-Q
Quarterly Report
Aug 02, 2023
8-K
Current Report
Aug 01, 2023
144
Notice of Insider Sale Intent

TT Fair Value

Loading...

Peers (Alternatives to Trane Tech)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
46.0B
16.8B
1.42% 30.05%
24.4
2.73
13.35% 25.94%
45.0B
21.8B
0.49% 42.95%
20.18
2.06
7.29% -19.96%
15.9B
18.5B
-4.22% 125.82%
8.54
0.86
-18.55% -30.63%
MID-CAP
5.0B
1.0B
-1.21% 60.41%
33.54
4.77
57.12% 166.92%
13.3B
4.8B
7.35% 58.74%
24.04
2.76
8.97% 17.17%
8.0B
2.9B
-6.76% -12.91%
16.27
2.74
-2.63% 29.05%
7.7B
4.5B
-5.00% -39.38%
11.25
1.64
-7.22% -33.29%
7.0B
975.8M
-5.04% 37.80%
49.13
7.18
-28.53% -44.91%
6.3B
8.1B
1.60% 38.07%
10.91
0.78
-14.71% -11.52%
2.8B
761.3M
-1.86% 41.28%
28.33
3.63
14.47% 29.51%
SMALL-CAP
916.4M
1.1B
7.42% 38.97%
11.49
0.8
-5.23% -5.65%
626.0M
699.7M
4.39% 17.91%
12.25
0.89
-11.45% -59.40%
50.1M
56.9M
-6.01% 5.24%
18.12
0.88
-9.32% -22.79%

Trane Tech News

Investor's Business Daily
Trane Technologies Earns IBD Stock Rating Upgrade.
Investor's Business Daily,
48 days ago
Investor's Business Daily
Investor's Business Daily
Trane Stock Outlook Sunny As Hot Summer Months Approach.
Investor's Business Daily,
3 months ago

Returns for TT

Cumulative Returns on TT

19.3%


10-Year Cumulative Returns

23.6%


7-Year Cumulative Returns

21.6%


5-Year Cumulative Returns

18.7%


3-Year Cumulative Returns

Risks for TT

What is the probability of a big loss on TT?

42.7%


Probability that Trane Tech stock will be more than 20% underwater in next one year

33.9%


Probability that Trane Tech stock will be more than 30% underwater in next one year.

9.6%


Probability that Trane Tech stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does TT drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Trane Tech was unfortunately bought at previous high price.

Drawdowns

Financials for Trane Tech

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue3.2%16,81616,30215,99215,48714,83514,47414,13613,74613,52212,83112,45512,45912,43512,91413,07610,46311,02311,76312,34424,70321,161
  S&GA Expenses3.3%2,7182,6322,5462,5132,4402,4472,4462,4002,3472,2832,2712,2972,2972,3302,3201,7831,9412,1062,2492,8892,838
EBITDA-100.0%-2,7822,7192,5852,4292,3672,3242,2522,2402,0111,8311,5221,5731,7171,931------
EBITDA Margin-100.0%-0.17*0.17*0.17*0.16*0.16*0.16*0.16*0.17*0.16*0.15*0.11*0.11*0.12*0.12*------
Interest Expenses2.5%231225224224226229234240244246249250252255243229213199221226231
Earnings Before Taxes5.1%2,3442,2302,1722,0441,8981,8371,7911,7191,7001,4701,2881,2261,1931,3351,3991,1141,1771,2591,2581,6081,523
EBT Margin-100.0%-0.14*0.14*0.13*0.13*0.13*0.13*0.13*0.13*0.11*0.10*0.07*0.07*0.08*0.08*------
Net Income4.3%1,8841,8071,7571,6381,4961,4561,4231,3571,3521,1258559139711,1891,4111,3771,4331,4251,3381,5521,404
Net Income Margin-100.0%-0.11*0.11*0.11*0.10*0.10*0.10*0.10*0.10*0.09*0.07*0.07*0.07*0.08*0.09*------
Free Cashflow-100.0%-1,427-9008219371,4261,6262,1651,8921,3161,5561,2841,5061,5541,198-----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets5.6%18,90717,89718,08217,74017,68117,63718,06018,20218,36917,82518,15717,93917,22417,63620,49220,30720,66819,78117,91518,30518,378
  Current Assets9.9%6,6756,0756,3796,2996,1256,0316,4716,9917,1256,6226,9066,9746,3456,5609,2946,1036,3527,0855,7326,0836,162
    Cash Equivalents---1,221---2,1592,7392,9122,8383,2903,1902,3672,6481,2798068511,8828781,023970
  Inventory0.5%2,3562,3441,9941,9491,8871,8721,5311,4831,3861,3731,1891,2291,3531,4641,2791,8911,9511,9841,6781,8211,733
  Net PPE4.6%1,6551,5821,5361,4321,4261,4221,3991,3371,3251,3281,3501,3141,3151,3261,3521,7791,7941,7381,7311,6731,647
  Goodwill4.1%5,7485,5235,5045,3705,45743.005,5052045,3345,3115,3435,1445,0915,0825,1266,7136,8605,9695,0995,9896,001
Liabilities6.6%12,62911,84311,97611,87111,94211,62011,78711,71511,89711,51211,73011,55811,26411,84613,18013,02813,49512,85810,85010,96111,554
  Current Liabilities15.8%5,5934,8315,6875,5465,6304,5944,7524,3144,5134,1754,3394,1703,8294,2415,2394,7765,1804,4894,3164,3244,753
    LT Debt, Non Current-0.1%4,4774,4823,7883,7883,7874,4934,4924,4914,4904,4964,4974,4944,6184,6254,9234,9224,9215,2273,7413,7403,739
Shareholder's Equity3.4%6,2596,0546,0895,8585,7396,0176,2736,4886,3336,3136,4276,3815,8325,7907,3127,2797,1736,9237,0657,3436,824
  Retained Earnings3.0%8,4458,2028,3218,3208,0048,0998,3538,6278,5668,4528,4958,4898,2228,1289,7319,7639,4979,2989,4409,6259,110
  Additional Paid-In Capital-23.00---12.00--15.00---93.0047.0026.00--26.00--52.0031.00
Shares Outstanding-0.3%229229-232234235-238240239-240240240-242242243-246248
Minority Interest1.1%18.0018.0017.0010.0016.0018.0017.0013.0015.0016.0019.0014.0023.0017.0045.0042.0042.0037.0042.0035.0037.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations6.0%1,8031,7011,5041,1711,0711,1401,5881,7882,3082,0231,4351,6751,4031,6451,9201,5641,4241,4211,4081,5481,496
  Share Based Compensation3.7%62.0059.0056.0060.0062.0063.0067.0064.0064.0065.0070.0070.0071.0066.0066.0073.0082.0011979.00--
Cashflow From Investing-69.4%-928-548-540-662-642-515-545-446-429-449-376-204-301-1,744-1,780-1,822-1,771-448-629-688-700
Cashflow From Financing27.6%-1,287-1,776-1,852-2,075-2,191-2,107-2,127-1,811-1,387-1,440884887446910271105272-152-1,378-1,078-1,157
  Dividend Payments2.5%651635620606590577561549536522507507504508510511517496480463447
  Buy Backs-26.1%8501,1501,2001,4001,3961,3461,100850604354250250500500750886650900900620942

TT Income Statement

2023-06-30
Condensed Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Net revenues$ 4,704.7$ 4,190.4$ 8,370.6$ 7,545.9
Cost of goods sold(3,120.3)(2,867.0)(5,642.7)(5,233.5)
Selling and administrative expenses(699.0)(612.8)(1,385.7)(1,213.6)
Operating income885.4710.61,342.21,098.8
Interest expense(61.6)(55.9)(119.2)(111.9)
Other income/(expense), net(57.4)(1.6)(66.8)(2.3)
Earnings before income taxes766.4653.11,156.2984.6
Provision for income taxes(169.6)(136.6)(242.8)(197.7)
Earnings from continuing operations596.8516.5913.4786.9
Discontinued operations, net of tax(6.1)(1.6)(11.6)(8.6)
Net earnings590.7514.9901.8778.3
Less: Net earnings from Continuing Operations, Net of Tax, Attributable to Noncontrolling Interest(4.5)(5.6)(8.5)(8.8)
Net earnings attributable to Trane Technologies plc586.2509.3893.3769.5
Amounts attributable to Trane Technologies plc ordinary shareholders:    
Continuing operations592.3510.9904.9778.1
Discontinued operations(6.1)(1.6)(11.6)(8.6)
Net earnings attributable to Trane Technologies plc$ 586.2$ 509.3$ 893.3$ 769.5
Basic:    
Continuing operations$ 2.59$ 2.19$ 3.95$ 3.32
Discontinued operations(0.02)(0.01)(0.05)(0.03)
Net earnings2.572.183.903.29
Diluted:    
Continuing operations2.572.173.923.29
Discontinued operations(0.02)(0.01)(0.05)(0.03)
Net earnings$ 2.55$ 2.16$ 3.87$ 3.26
Weighted-average shares outstanding    
Basic228.5233.8228.9234.2
Diluted230.3235.7230.9236.4

TT Balance Sheet

2023-06-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
ASSETS  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations$ 663.6$ 1,220.5
Accounts and notes receivable, net3,199.82,780.1
Inventories2,355.81,993.8
Other current assets455.8384.8
Total current assets6,675.06,379.2
Property, plant and equipment, net1,654.71,536.1
Goodwill5,747.55,503.7
Intangible assets, net3,388.93,264.0
Other noncurrent assets1,440.41,398.6
Total assets18,906.518,081.6
LIABILITIES AND EQUITY  
Accounts payable2,176.92,091.6
Accrued compensation and benefits423.8541.2
Accrued expenses and other current liabilities2,442.32,006.0
Short-term borrowings and current maturities of long-term debt550.21,048.0
Total current liabilities5,593.25,686.8
Long-term debt4,476.63,788.3
Postemployment and other benefit liabilities680.4667.0
Deferred and noncurrent income taxes693.6680.1
Other noncurrent liabilities1,185.51,154.2
Total liabilities12,629.311,976.4
Equity:  
Ordinary shares252.8253.3
Treasury Stock, Value(1,719.4)(1,719.4)
Capital in excess of par value23.40.0
Retained earnings8,445.48,320.9
Accumulated other comprehensive income (loss)(743.4)(766.2)
Total Trane Technologies plc shareholders’ equity6,258.86,088.6
Noncontrolling interests18.416.6
Total equity6,277.26,105.2
Total liabilities and equity$ 18,906.5$ 18,081.6
Dave S. Regnery
37000
Trane Technologies plc, together with its subsidiaries, engages in the designing, manufacturing, selling, and servicing of solutions for heating, ventilation, air conditioning, and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; auxiliary power units; chillers; coils and condensers; gensets; furnaces; heat pumps; home automation products; humidifiers; hybrid and non-diesel transport refrigeration, and ice energy storage solutions; indoor air quality assessments and related products; large and light commercial unitary products; motor replacements; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps. The company also provides building management, control, ductless, geothermal, package heating and cooling, temporary heating and cooling, and unitary systems; bus, rail, and multi-pipe heating, ventilation, and air conditioning systems; and container, cryogenic, diesel-powered, electric-powered trailer and truck, hybrid-powered trailer, industrial, rail, self-powered truck, trailer, and vehicle-powered truck refrigeration 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 in the United States; and through sales and service companies with a supporting chain of distributors worldwide. 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.