2 weeks Ago By ABMN Staff
Mackenzie Financial Corp raised its holdings in shares of Trane Technologies plc ( NYSE:TT – Free Report ) by 0.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,085,468 shares of the company’s stock after buying an additional 2,898 shares during the period.
Mackenzie Financial Corp owned about 0.48% of Trane Technologies worth $357,043,000 at the end of the most recent reporting period. Other hedge funds have also recently modified their holdings of the company.
GoalVest Advisory LLC grew its position in Trane Technologies by 157.1% in the 1st quarter. GoalVest Advisory LLC now owns 90 shares of the company’s stock valued at $27,000 after acquiring an additional 55 shares during the last quarter.
Dixon Mitchell Investment Counsel Inc. purchased a new stake in Trane Technologies in the 1st quarter valued at about $27,000. BOK Financial Private Wealth Inc.
purchased a new position in shares of Trane Technologies during the first quarter worth approximately $30,000. Fortitude Family Office LLC boosted its holdings in shares of Trane Technologies by 63.2% in the second quarter.
Fortitude Family Office LLC now owns 111 shares of the company’s stock valued at $37,000 after purchasing an additional 43 shares during the period. Finally, Triad Wealth Partners LLC purchased a new position in Trane Technologies during the 2nd quarter worth $39,000. Institutional investors own 82.
97% of the company’s stock. Trane Technologies Price Performance Shares of TT opened at $386.66 on Friday.
The company has a debt-to-equity ratio of 0.62, a current ratio of 1.17 and a quick ratio of 0.
84. The company’s fifty day moving average price is $348.62 and its 200-day moving average price is $328.
25. Trane Technologies plc has a 1-year low of $184.02 and a 1-year high of $391.
90. The firm has a market capitalization of $87.26 billion, a PE ratio of 41.
31, a price-to-earnings-growth ratio of 2.68 and a beta of 1.01.
Insiders Place Their Bets In related news, EVP Raymond D. Pittard sold 1,805 shares of the firm’s stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $328.
65, for a total transaction of $593,213.25. Following the completion of the transaction, the executive vice president now owns 83,517 shares of the company’s stock, valued at $27,447,862.
05. The sale was disclosed in a filing with the SEC, which is available at the SEC website . In other Trane Technologies news, EVP Raymond D.
Pittard sold 1,805 shares of Trane Technologies stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $328.65, for a total transaction of $593,213.
25. Following the completion of the transaction, the executive vice president now owns 83,517 shares in the company, valued at approximately $27,447,862.05.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link . Also, CEO David S. Regnery sold 29,450 shares of the company’s stock in a transaction dated Tuesday, August 6th.
The stock was sold at an average price of $321.25, for a total value of $9,460,812.50.
Following the completion of the sale, the chief executive officer now owns 132,946 shares in the company, valued at approximately $42,708,902.50. The disclosure for this sale can be found here .
0.38% of the stock is currently owned by insiders. Wall Street Analyst Weigh In A number of equities analysts have recently issued reports on the company.
Robert W. Baird increased their price target on Trane Technologies from $360.00 to $365.
00 and gave the stock a “neutral” rating in a research report on Thursday, August 1st. Wells Fargo & Company increased their target price on shares of Trane Technologies from $315.00 to $320.
00 and gave the stock an “underweight” rating in a report on Friday, September 6th. Stephens restated an “equal weight” rating and issued a $350.00 price target on shares of Trane Technologies in a report on Monday, August 5th.
Barclays increased their price objective on shares of Trane Technologies from $385.00 to $394.00 and gave the company an “overweight” rating in a research note on Thursday, August 1st.
Finally, UBS Group boosted their price objective on shares of Trane Technologies from $330.00 to $375.00 and gave the stock a “buy” rating in a research note on Monday, June 3rd.
One analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $343.
54. View Our Latest Analysis on TT About Trane Technologies ( Free Report ) Trane Technologies plc, together with its subsidiaries, designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, custom, and custom and transport refrigeration in Ireland and internationally. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps, auxiliary power units; chillers; coils and condensers; gensets; dehumidifiers; ductless; furnaces; home automation products; humidifiers; indoor air quality assessments and related products; large and light commercial unitary products; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps.
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