Trane Technologies Plc Stock Today

TT Stock  USD 416.22  0.13  0.03%   

Performance

18 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
Trane Technologies is selling for under 416.22 as of the 30th of November 2024; that is 0.03 percent increase since the beginning of the trading day. The stock's last reported lowest price was 415.72. Trane Technologies has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Note, on October 4, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Trane Technologies plc's common stock.
Business Domain
Capital Goods
IPO Date
1st of July 1985
Category
Industrials
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. Trane Technologies plc was founded in 1885 and is headquartered in Swords, Ireland. The company has 225.02 M outstanding shares of which 2.44 M shares are at this time sold short in the market by investors with about 1.91 days to cover all shorted shares. More on Trane Technologies plc

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Trane Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanMichael Lamach
Thematic IdeaMeasuring and Control Equipment (View all Themes)
Business ConcentrationBuilding Products, Building Products & Equipment, Industrials, NYSE Composite, SP 500 Index, Measuring and Control Equipment, Industrials, Building Products, Building Products & Equipment, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.110.1044
Notably Up
Slightly volatile
Asset Turnover1.020.9116
Moderately Up
Very volatile
Gross Profit Margin0.220.3313
Way Down
Very volatile
Net DebtB3.7 B
Way Down
Slightly volatile
Total Current Liabilities3.2 B6.1 B
Way Down
Slightly volatile
Non Current Liabilities Total4.6 B6.3 B
Way Down
Pretty Stable
Total Assets12.8 B19.4 B
Way Down
Slightly volatile
Total Current Assets4.4 B6.9 B
Way Down
Slightly volatile
Total Cash From Operating Activities2.5 B2.4 B
Sufficiently Up
Slightly volatile
Debt Levels
Trane Technologies can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Trane Technologies' financial leverage. It provides some insight into what part of Trane Technologies' total assets is financed by creditors.
Liquidity
Trane Technologies plc reports 4.78 B of total liabilities with total debt to equity ratio (D/E) of 0.84, which is normal for its line of buisiness. Trane Technologies plc has a current ratio of 1.07, indicating that it may have difficulties to pay its debt commitments in time. Note however, debt could still be an excellent tool for Trane to invest in growth at high rates of return.

Depreciation

296.08 Million
Trane Technologies plc (TT) is traded on New York Stock Exchange in USA. It is located in 170/175 Lakeview Drive, Swords, Ireland and employs 40,000 people. Trane Technologies is listed under Building Products category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a market capitalization of 93.66 B. Trane Technologies plc is active under Building Products sector as part of Industrials industry. The entity has 225.02 M outstanding shares of which 2.44 M shares are at this time sold short in the market by investors with about 1.91 days to cover all shorted shares. Trane Technologies plc reports about 1.22 B in cash with 2.39 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.7.
Check Trane Technologies Probability Of Bankruptcy
Ownership Allocation
Trane Technologies plc shows a total of 225.02 Million outstanding shares. The majority of Trane Technologies plc outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Trane Technologies to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Trane Technologies plc. Please pay attention to any change in the institutional holdings of Trane Technologies plc as this could imply that something significant has changed or is about to change at the company. On October 4, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Trane Technologies plc's common stock.
Check Trane Ownership Details

Trane Stock Institutional Holders

InstituionRecorded OnShares
Franklin Resources Inc2024-09-30
2.6 M
Massachusetts Financial Services Company2024-09-30
2.6 M
Nuveen Asset Management, Llc2024-06-30
2.5 M
Ubs Asset Mgmt Americas Inc2024-09-30
2.1 M
Northern Trust Corp2024-09-30
2.1 M
Legal & General Group Plc2024-06-30
2.1 M
Pictet Asset Manangement Sa2024-06-30
M
Fisher Asset Management, Llc2024-09-30
M
Alphinity Investment Management Pty Ltd2024-09-30
M
Blackrock Inc2024-06-30
19.4 M
Vanguard Group Inc2024-09-30
19.1 M
View Trane Technologies Diagnostics

Trane Technologies Historical Income Statement

At this time, Trane Technologies' Operating Income is comparatively stable compared to the past year. EBIT is likely to gain to about 2.9 B in 2024, whereas Gross Profit is likely to drop slightly above 3.1 B in 2024. View More Fundamentals

Trane Stock Against Markets

Trane Technologies Corporate Management

Elizabeth ElwellChief VPProfile
Heather HowlettChief Accounting Officer, Vice PresidentProfile
Richard SwiftLead Independent DirectorProfile
Zachary NagleVice RelationsProfile
Mark MajochaChief VPProfile

Additional Tools for Trane Stock Analysis

When running Trane Technologies' price analysis, check to measure Trane Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trane Technologies is operating at the current time. Most of Trane Technologies' value examination focuses on studying past and present price action to predict the probability of Trane Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trane Technologies' price. Additionally, you may evaluate how the addition of Trane Technologies to your portfolios can decrease your overall portfolio volatility.