Trane Technologies
About: Trane Technologies manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard, and Thermo King brands. The $20 billion company generates approximately 70% of sales from equipment and 30% from parts and services. While the firm is domiciled in Ireland, North America accounts for over 80% of its revenue.
Employees: 45,000
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
140% more first-time investments, than exits
New positions opened: 206 | Existing positions closed: 86
52% more call options, than puts
Call options by funds: $198M | Put options by funds: $130M
11% more repeat investments, than reductions
Existing positions increased: 563 | Existing positions reduced: 509
6% more funds holding
Funds holding: 1,455 [Q3] → 1,544 (+89) [Q4]
4% more funds holding in top 10
Funds holding in top 10: 23 [Q3] → 24 (+1) [Q4]
2.29% more ownership
Funds ownership: 82.24% [Q3] → 84.52% (+2.29%) [Q4]
2% less capital invested
Capital invested by funds: $71.5B [Q3] → $70.3B (-$1.21B) [Q4]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Citigroup Andrew Kaplowitz 15% 1-year accuracy 13 / 88 met price target | 25%upside $415 | Buy Maintained | 14 Apr 2025 |
JP Morgan Stephen Tusa 42% 1-year accuracy 15 / 36 met price target | 3%downside $323 | Neutral Maintained | 8 Apr 2025 |
Barclays Julian Mitchell 35% 1-year accuracy 44 / 124 met price target | 43%upside $475 | Overweight Maintained | 10 Mar 2025 |
UBS Amit Mehrotra 18% 1-year accuracy 2 / 11 met price target | 41%upside $470 | Buy Maintained | 31 Jan 2025 |
Wells Fargo Joseph O'Dea 43% 1-year accuracy 15 / 35 met price target | 8%upside $360 | Underweight Maintained | 31 Jan 2025 |
Financial journalist opinion
Based on 7 articles about TT published over the past 30 days









