3 days Ago By ABMN Staff
Bokf Na trimmed its stake in shares of Trane Technologies plc ( NYSE:TT – Free Report ) by 40.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,274 shares of the company’s stock after selling 1,563 shares during the quarter.
Bokf Na’s holdings in Trane Technologies were worth $748,000 as of its most recent filing with the Securities and Exchange Commission. A number of other hedge funds also recently added to or reduced their stakes in TT. PFG Private Wealth Management LLC lifted its holdings in shares of Trane Technologies by 4.
7% in the 2nd quarter. PFG Private Wealth Management LLC now owns 706 shares of the company’s stock valued at $232,000 after buying an additional 32 shares during the period. Center for Financial Planning Inc.
lifted its holdings in shares of Trane Technologies by 1.7% in the 1st quarter. Center for Financial Planning Inc.
now owns 2,080 shares of the company’s stock valued at $624,000 after buying an additional 34 shares during the period. Muirfield Wealth Advisors LLC lifted its holdings in shares of Trane Technologies by 4.1% in the 2nd quarter.
Muirfield Wealth Advisors LLC now owns 939 shares of the company’s stock valued at $309,000 after buying an additional 37 shares during the period. Pure Financial Advisors LLC lifted its holdings in shares of Trane Technologies by 5.2% in the 2nd quarter.
Pure Financial Advisors LLC now owns 765 shares of the company’s stock valued at $252,000 after buying an additional 38 shares during the period. Finally, Simmons Bank lifted its holdings in shares of Trane Technologies by 5.6% in the 2nd quarter.
Simmons Bank now owns 718 shares of the company’s stock valued at $236,000 after buying an additional 38 shares during the period. 82.97% of the stock is owned by institutional investors and hedge funds.
Insider Activity In other news, EVP Raymond D. Pittard sold 1,805 shares of Trane Technologies stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $328.
65, for a total value of $593,213.25. Following the completion of the sale, 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 document filed with the SEC, which is available through the SEC website . In other news, EVP Raymond D.
Pittard sold 1,805 shares of Trane Technologies stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $328.65, for a total value of $593,213.
25. Following the completion of the sale, 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 document filed with the SEC, which is available through the SEC website . Also, CEO David S. Regnery sold 29,450 shares of Trane Technologies stock in a transaction on Tuesday, August 6th.
The shares were 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 directly owns 132,946 shares of the company’s stock, valued at approximately $42,708,902.50. The disclosure for this sale can be found here .
Company insiders own 0.38% of the company’s stock. Trane Technologies Stock Performance Trane Technologies ( NYSE:TT – Get Free Report ) last released its quarterly earnings results on Wednesday, July 31st.
The company reported $3.30 earnings per share for the quarter, topping the consensus estimate of $3.08 by $0.
22. The company had revenue of $5.31 billion during the quarter, compared to the consensus estimate of $5.
13 billion. Trane Technologies had a return on equity of 33.97% and a net margin of 12.
33%. Trane Technologies’s revenue was up 12.8% compared to the same quarter last year.
During the same quarter last year, the business posted $2.68 earnings per share. On average, analysts anticipate that Trane Technologies plc will post 10.
87 EPS for the current fiscal year. Wall Street Analyst Weigh In Several research firms have recently commented on TT. Stephens reissued an “equal weight” rating and issued a $350.
00 price target on shares of Trane Technologies in a report on Monday, August 5th. Morgan Stanley assumed coverage on Trane Technologies in a report on Friday, September 6th. They issued an “overweight” rating and a $425.
00 price target for the company. Wells Fargo & Company lifted their price objective on Trane Technologies from $315.00 to $320.
00 and gave the stock an “underweight” rating in a report on Friday, September 6th. Royal Bank of Canada lifted their price objective on Trane Technologies from $334.00 to $350.
00 and gave the stock a “sector perform” rating in a report on Thursday, August 1st. Finally, UBS Group lifted their price objective on Trane Technologies from $330.00 to $375.
00 and gave the stock a “buy” rating in a report on Monday, June 3rd. One investment 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 MarketBeat.
com, the stock currently has an average rating of “Hold” and an average price target of $343.54. Check Out Our Latest Stock Analysis on Trane Technologies 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. Further Reading Want to see what other hedge funds are holding TT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Trane Technologies plc ( NYSE:TT – Free Report ).
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