Air Conditioners

Trane Technologies plc (NYSE:TT) CEO David S. Regnery Sold 14,651 shares | Rare Techy

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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

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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.

Further Information

Trading and Insider Trading by Quarter for Trane Technologies (NYSE:TT)

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