TT Stock Summary and Trading Ideas (Trane Technologies PLC | NYSE:TT)

Trane Technologies manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard, and Thermo King brands. The company generates approximately 70% of sales from equipment and 30% from parts and services. While the firm is domiciled in Ireland, North America accounts for approximately 80% of its revenue, with 13% from EMEA and 7% Asia-Pacific. The company was formed in 2020 when its former parent, Ingersoll Rand, merged with Gardner Denver in a tax-advantaged reverse Morris trust transaction.

Trane Technologies PLC trades on the NYSE stock market under the symbol TT.

As of March 20, 2026, TT stock price declined to $410.36 with 1,986,791 million shares trading.

TT has a beta of 0.95, meaning it tends to be less sensitive to market movements. TT has a correlation of 0.30 to the broad based SPY ETF.

TT has a market cap of $90.99 billion. This is considered a Large Cap stock.

Last quarter Trane Technologies PLC reported $5 billion in Revenue and $2.86 earnings per share. This beat revenue expectation by $61 million and exceeded earnings estimates by $.04.

In the last 3 years, TT traded as high as $479.37 and as low as $162.04.

The top ETF exchange traded funds that TT belongs to (by Net Assets): VTI, VOO, IVV, SPY, VTV.

TT has outperformed the market in the last year with a price return of +18.6% while the SPY ETF gained +16.6%. TT has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +5.5% and -3.0%, respectively, while the SPY returned -4.4% and -3.3%, respectively.

TT support price is $415.79 and resistance is $430.27 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TT shares will trade within this expected range on the day.