Trane Technologies plc (NYSE:TT – Get Ratings ) CEO David S. Regnery sold 14,651 shares of Trane Technologies stock in a transaction on Friday, November 25th. The shares were sold at an average price of $179.00, for a total value of $2,622,529.00. Following the transaction, the chief operating officer now owns 95,751 shares in the company, valued at $17,139,429. The transaction was disclosed in a regulatory filing with the Securities & Exchange Commission, which can be accessed via this link.
Trane Technologies Payroll
TT traded up $0.60 during trading hours on Tuesday, reaching $174.99. The company traded 985,818 shares, compared to the company’s total volume of 1,468,175. The business’s 50-day moving average is $158.65 and its 200-day moving average is $148.40. Trane Technologies plc has a 12 month low of $120.64 and a 12 month high of $204.23. The stock has a market capitalization of $40.30 billion, a price-to-earnings ratio of 25.31, a P/E/G ratio of 2.12 and a beta of 1.00. The company currently has a ratio of 1.14, a quick ratio of 0.78 and a debt-to-equity ratio of 0.65.
Trane Technologies Certification Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 30th. Stockholders of record on Friday, December 2nd will be given a $0.67 dividend. The fee is $2.68 per year and 1.53% of the interest rate. The ex-dividend date is Thursday, December 1. Trane Technologies’ dividend is currently 38.73%.
Wall Street Analyst Weighs In
Several financial analysts weighed in on the company. Argus lifted their target price on Trane Technologies from $170.00 to $185.00 in a research report on Tuesday, November 8th. BMO Capital Markets raised their target price on Trane Technologies from $155.00 to $180.00 and gave the company an “outperform” rating in a research note on Monday, August 15th. Mizuho upped their target price on Trane Technologies from $140.00 to $150.00 and gave the stock a “neutral” rating in a research note on Thursday, August 4th. Citigroup raised their price objective on shares of Trane Technologies from $176.00 to $185.00 and gave the company a “buy” rating in a research report on Thursday, November 3rd. Finally, JPMorgan Chase & Co. upped their price objective on shares of Trane Technologies from $116.00 to $126.00 and gave the company a “hold” rating in a research report on Thursday, November 3rd. Two investment analysts have rated the stock with a buy rating, six have assigned a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $170.35.
Institutional Investors Pay Trane Technologies
Large investors have bought and sold shares in the business. Herold Advisors Inc. bought it. a new position in Trane Technologies in the first quarter valued at $31,000. Crewe Advisors LLC boosted its stake in Trane Technologies by 83.9% in the second quarter. Crewe Advisors LLC now owns 206 shares of the company’s stock valued at $27,000 after buying an additional 94 shares during the period. 1832 Asset Management LP purchased a new position in Trane Technologies in the first quarter valued at $34,000. Heritage Wealth Management LLC purchased a new position in Trane Technologies in the second quarter valued at $31,000. Finally, Tcwp LLC purchased a new position in Trane Technologies during the first quarter valued at $38,000. Investors own 80.25% of the company’s stock.
About Trane Technologies
Trane Technologies plc, and its subsidiaries, engages in the design, manufacture, sale, and service of solutions for heating, cooling, ventilation, and vehicle heating. It supplies air conditioners, switches, and carriers; aircraft equipment and terminal equipment; auxiliary power units; chillers; cylinders and condensers; gensets; oven; heat pump; automatic products at home; watering; hybrid and non-diesel vehicle refrigeration, and frozen energy storage solutions; indoor air quality assessments and related products; great and clear trading results; replacement car; cooling products; definition/authority; portable heating products; different rerigerant flow products; and pool heat pumps.
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