The Latest Breaking News from Trane Technologies

Trane Technologies has outperformed the Building & Construction industry over the past year, and analysts are moderately optimistic about the stock’s prospects.

Despite Trane Technologies’ outperformance relative to the broader market over the past year, Wall Street analysts remain cautiously optimistic about the stock’s prospects.

Investing in education makes for skilled, happy workers, says the leader of HVAC giant Trane Technologies.

Trane Technologies is all set to release its second-quarter earnings later this month, and analysts expect a double-digit profit increase.

Trane Tech operates in the data center cooling space, and is positioned to benefit from secular tailwinds related to the AI megatrend. Is TT stock a good buy right now?

 

Trane Technologies's (NYSE:TT) short percent of float has risen 8.0% since its last report. The company recently reported that it has 1.88 million shares sold short, which is 0.81% of all regular shares that are available for trading.

Trane Technologies (NYSE:TT) has observed the following analyst ratings within the last quarter:

Trane Technologies (NYSE:TT) has outperformed the market over the past 5 years by 38.78% on an annualized basis producing an average annual return of 47.18%. Currently, Trane Technologies has a market capitalization of $28.34 billion.

Trane Technologies (NYSE:TT) has outperformed the market over the past 5 years by 40.44% on an annualized basis producing an average annual return of 51.57%. Currently, Trane Technologies has a market capitalization of $32.36 billion.

Over the past 3 months, 9 analysts have published their opinion on Trane Technologies (NYSE:TT) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.