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 May 12, 2026, TT stock price declined to $468.60 with 796,682 million shares trading.

TT has a beta of 0.93, meaning it tends to be less sensitive to market movements. TT has a correlation of 0.22 to the broad based SPY ETF.

TT has a market cap of $103.62 billion. This is considered a Large Cap stock.

Last quarter Trane Technologies PLC reported $5 billion in Revenue and $2.63 earnings per share. This beat revenue expectation by $137 million and exceeded earnings estimates by $.10.

In the last 3 years, TT traded as high as $503.47 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 underperformed the market in the last year with a price return of +16.7% while the SPY ETF gained +32.0%. TT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -0.6% and -3.6%, respectively, while the SPY returned +6.9% and +3.2%, respectively.

TT support price is $468.16 and resistance is $484.85 (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.