Trane Technologies Analysts Increase Their Forecasts After Upbeat Q4 Results

Benzinga01-31 00:38

Trane Technologies plc (NYSE:TT) reported better-than-expected fourth-quarter financial results and issued FY26 sales guidance above estimates on Thursday.

Trane Technologies reported quarterly earnings of $2.86 per share which beat the analyst consensus estimate of $2.82 per share. The company reported quarterly sales of $5.145 billion which beat the analyst consensus estimate of $5.088 billion.

Trane Technologies said it sees FY2026 adjusted EPS of $14.65-$14.85 and sales of $23.130 billion-$23.350 billion.

“Thanks to our purpose-driven strategy, talented team and disciplined execution, 2025 was another strong year for our company,” said Dave Regnery, chair and CEO. “We achieved strong revenue growth, adjusted earnings per share growth and free cash flow conversion, despite challenging markets in residential and transport refrigeration.

Trane Technologies shares fell 2.4% to trade at $415.42 on Friday.

These analysts made changes to their price targets on Trane Technologies following earnings announcement.

  • Wells Fargo analyst Joe O’Dea maintained Trane Technologies with an Underweight rating and raised the price target from $375 to $400.
  • Barclays analyst Julian Mitchell maintained the stock with an Overweight rating and raised the price target from $505 to $507.
  • Oppenheimer analyst Noah Kaye maintained Trane with an Outperform rating and raised the price target from $460 to $468.

Considering buying TT stock? Here’s what analysts think:

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