How to Buy Trane Technologies Stock
Trane Technologies PLC
Trane Technologies plc provides climate control solutions for buildings, homes, and transportation.
Trane Technologies stock last closed at $332.62, up 3.18% from the previous day, and has increased 14.24% in one year. It has overperformed other stocks in the Building Products & Equipment industry by 0.22 percentage points. Trane Technologies stock is currently +14.16% from its 52-week low of $291.37, and -21.18% from its 52-week high of $422.00.
As of Apr 22, 2025, there are 224.29M shares of TT outstanding. The market value of TT is $74.60B. In the last 24 hours, 1.11M TT shares were traded.
How to Buy Trane Technologies Stock
Not sure how to invest in Trane Technologies stock? Here's how.
- Choose where to buy Trane Technologies stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Trane Technologies stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Choose your method of payment and add your information.
- Evaluate Trane Technologies stock: The Trane Technologies ticker symbol is TT. Is Trane Technologies stock a good investment? Should you buy shares of TT? How do TT's underlying business fundamentals look? Do top analysts think Trane Technologies is a good buy? Why has TT's stock price moved recently? (Hint: Our stock research tools can help you figure out if TT is a good stock to buy).
- Place your TT trade: Decide if you will purchase TT shares at the current market price or use a limit order to buy TT stock at a given price.
- Get the latest news on your investment in TT: Create a watchlist to watch your investment in Trane Technologies shares.
Step 1: Choose where to buy Trane Technologies stock
You will need an online brokerage account to access the NYSE market and buy TT stock.
Our preferred brokerage: eToro
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Get $10 towards your share purchase by opening an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal details so you are able to invest in TT stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start your new brokerage account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've finished signing up on a good online stock trading app, you can securely and quickly fund your account:
Check out the walkthrough below for more details depositing funds into your investment account.
Step 4: Evaluate Trane Technologies stock
After you have selected the best place to buy Trane Technologies stock, it's important to research their stock prior to buying, so you truly understand the risk and upside.
Trane Technologies stock quick numbers
TT Fundamentals
WallStreetZen was created to help part-time investors do better fundamental analysis in less time.
You can view all of the due diligence checks on TT's stock page.
How is TT stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge TT's intrinsic value.
Using relative valuations methods:
- TT may be overvalued based on its P/E ratio of 29.31x, relative to Building Products & Equipment industry P/E ratio of 21.88x
- TT could be overvalued based on its P/B ratio of 10x, relative to Building Products & Equipment industry P/B ratio of 4.61x
- TT may be overvalued based on its PEG ratio of 2.9x
You can access additional valuation research on TT's stock here.
A quick look at TT Financials
Positive Health Checks:
- TT profit margin has gone up from 11.4% to 12.9% in the past year.
- TT's operating cash flow of $3.15B allows it to safely service it's debt of $4.77B.
- There are more short-term assets than long-term liabilities on the TT balance sheet.
- TT earnings of $3.43B is not enough to cover its interest payments.
- Total TT debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the TT balance sheet.
Negative Health Checks:
- TT has a relatively high debt to equity ratio of 1.7.
Is it a good time to buy TT stock, according to Wall Street analysts?
Out of 10 sell side analysts who research TT, the consensus analyst rating on TT is a Hold
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Most Recent TT Analyst Upgrades/Downgrades
Scott Davis, a top 38% analyst from Melius Research downgrades TT to a hold rating and announces their TT price target of $398.00, on Jan 28, 2025.
Joe O'Dea, a top 15% analyst from Wells Fargo maintains TT with a strong sell rating and lowers their TT price target from $390.00 to $380.00, on Jan 7, 2025.
Deane Dray, a top 9% analyst from RBC Capital maintains TT with a hold rating and raises their TT price target from $390.00 to $395.00, on Jan 3, 2025.
Wesley Brooks, a top 29% analyst from HSBC downgrades TT to a hold rating and announces their TT price target of $405.00, on Oct 31, 2024.
Timothy Wojs, a bottom 15% analyst from Baird maintains TT with a hold rating and lowers their TT price target from $408.00 to $404.00, on Oct 31, 2024.
You can dig deeper into what analysts are forecasting on the Trane Technologies stock forecast page.
TT Technical Indicators
How are TT Revenues/Earnings doing?
Last year, TT earnings were $2.57B. During the past 5 year, TT's earnings have increased by 14.21% per year. This was faster than the Building Products & Equipment industry average of 12.81%.
Last year, TT revenue was $19.84B. In the last 5 year, TT's revenue has increased by 8.69% per year. This was faster than the Building Products & Equipment industry average of 5.95%.
You can research TT's earnings and revenue performance here.
Latest Insiders Trades at TT
In the last year, insiders at TT have sold more shares than they have bought.
Christopher J. Kuehn, Executive Vice President CFO of TT, was the latest TT insider to sell. They sold $2,926,243.77 worth of TT shares on Mar 5, 2025.
Dig into more about who owns TT shares here.
Does TT provide a stable income stream?
Trane Technologies pays a dividend of 0.79%, compared to the Building Products & Equipment industry's average dividend yield of 1.1%. If you owned $1,000 of TT stock, you would have received $7.88 last year.
Trane Technologies dividend payments have consistently grown over the past decade and have remained stable.
Get more analysis about Trane Technologies dividend yield and history here.
Get opinions from other investors
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your TT trade
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount limit, place a limit order.
Hit the Open Trade button and your broker will execute your order.
If you need additional help with investing in stocks on eToro, watch the how to video below:
Step 6: Get the latest news on your investment in TT
Now that you own some shares in TT, you'll want to stay up-to-date on your new stock purchase.
Create a watchlist to track the latest developments regarding your TT stock.
TT Feed
How to Buy Stock in Trane Technologies
To summarize, here are the 6 steps to buy stock in Trane Technologies:
- Choose where to buy Trane Technologies stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Evaluate Trane Technologies stock
- Place your TT trade
- Get the latest news on your investment in TT
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep track of your new investment in Trane Technologies, create a watchlist on WallStreetZen today.
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