Trane Technologies(TT)
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Trane Technologies: A Profitable Growth Stock For Green Investors
Seeking Alpha· 2025-01-12 07:05
Professional Background - Robert F Abbott has been managing his family's investment accounts since 1995 and incorporated options strategies such as covered calls and collars with long stocks in 2010 [1] - Robert F Abbott holds a Bachelor of Arts and a Master of Business Administration (MBA) degree and is based in Airdrie, Alberta, Canada [1] - Robert F Abbott is a freelance writer and operates a website aimed at providing information for new and intermediate-level mutual fund investors [1] Disclosure and Independence - The analyst has no stock, option, or derivative positions in any mentioned companies and no plans to initiate such positions within the next 72 hours [3] - The article reflects the analyst's personal opinions and is not influenced by compensation or business relationships with any mentioned companies [3] - Seeking Alpha emphasizes that past performance does not guarantee future results and does not provide investment recommendations or suitability advice [2] - Seeking Alpha's analysts are third-party authors, including both professional and individual investors, who may not be licensed or certified by any regulatory body [2]
Strong Demand in Commercial HVAC Market Benefits Trane Technologies
ZACKS· 2024-12-27 19:10
Trane Technologies (TT) has had an impressive run over the past year, wherein the company’s shares have gained 56.6%, outperforming the 49.4% rally of the industry it belongs to and the 29.1% rise of the Zacks S&P 500 composite.One Year Price Performance Image Source: Zacks Investment Research TT reported better-than-expected third-quarter 2024 results. The adjusted EPS of $3.37 surpassed the Zacks Consensus Estimate by 4.3% and increased 20.8% year over year. Revenues of $5.4 billion beat the consensus mar ...
Meet the High-Tech Construction Stock That's Already a 100-Bagger and Is Poised To Beat the Market in 2025
The Motley Fool· 2024-12-23 09:20
If you're looking for high-powered growth stocks, you're first instinct is probably to look in the tech sector. That makes sense. After all, the "Magnificent Seven" stocks all hail from the tech sector, and all have delivered monster returns on their way to $1 trillion-plus valuations.However, there have been consistent winners in other sectors, and one lesser-known stock that has dominated over its history. That's Trane Technologies (TT 0.06%), a leader in HVAC and refrigeration systems. The company calls ...
Meet the Construction Stock That's Quietly Crushing the Market (And Sees More Growth Ahead in 2025)
The Motley Fool· 2024-12-22 10:18
Trane Technologies (TT 0.06%) is quietly having a fantastic year. Shares of the heating and cooling solutions company have gained 55% this year at recent prices, crushing the S&P 500's 23% rally. It has benefited from strong demand for its climate solutions products, especially in the commercial construction market. The company is well-positioned for another strong year in 2025. Here's a closer look at what's powering its returns and its optimistic outlook for the coming year.Heating up in 2024Trane's rise ...
Trane Technologies Stock Rises 82% in a Year: Here's How
ZACKS· 2024-12-02 21:01
Trane Technologies plc’s (TT) stock has had an impressive run over the past year. TT shares have appreciated 82%, outperforming the 73% rally of the industry and the 14.3% growth of the Zacks S&P 500 composite.What’s Driving TT Stock?TraneTechnologies focuses on improving its business operating system, innovation and investments. TT’s strengths include differentiated customer-driven solutions and energy-efficient product installation. Supportive policies and regulations, primarily in the United States and E ...
Trane Technologies (TT) is a Great Momentum Stock: Should You Buy?
ZACKS· 2024-11-26 18:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
Reasons Why You Should Bet on Trane Technologies Stock Now
ZACKS· 2024-11-20 16:21
Trane Technologies plc (TT) is a technology services provider that has performed extremely well over the past year and has the potential to sustain momentum in the near term. Consequently, if you haven’t taken advantage of the share price appreciation yet, it’s time you add the stock to your portfolio.What Makes TraneTechnologies an Attractive Pick?An Outperformer: A glimpse at the company’s price trend reveals that the stock has had an impressive run over the past year. Shares of Trane Technologies have re ...
Trane Technologies Q3: Strong North America And Weak China
Seeking Alpha· 2024-10-31 02:55
More than 15 years of professional investment experience in global equities across all sectors. My investment style is fundamental, bottom-up, long-term, and quality growth-oriented. I am seeking companies specializing in niche markets, with strong growth potential, a solid management team, a sound capital allocation policy, and, most importantly, reasonable valuation. I do not chase quarterly results, nor do I follow the herd mentality. I do not use short-term stock performance as the measure of a company' ...
Trane Technologies(TT) - 2024 Q3 - Earnings Call Transcript
2024-10-30 20:50
Trane Technologies plc (NYSE:TT) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Zac Nagle - Vice President, Investor Relations Dave Regnery - Chair & Chief Executive Officer Chris Kuehn - Executive Vice President & Chief Financial Officer Conference Call Participants Scott Davis - Melius Research Chris Snyder - Morgan Stanley Julian Mitchell - Barclays Andy Kaplowitz - Citi Joe Ritchie - Goldman Sachs Nigel Coe - Wolfe Research Sahil Manocha - RBC Capital Markets Andrew O ...
Trane Technologies Q3 Earnings Beat Estimates, Rise Y/Y
ZACKS· 2024-10-30 18:51
Trane Technologies plc (TT) reported better-than-expected second-quarter 2024 results. See Zacks Earnings Calendar to stay ahead of market-making news. Adjusted EPS of $3.37 surpassed the Zacks Consensus Estimate by 4.3% and increased 20.8% year over year. Revenues of $5.4 billion beat the consensus mark by 2.4% and increased 11% year over year on a reported basis and organically. Bookings were up 5% year over year on a reported basis and organically. Revenues and Bookings The Americas segment's revenues of ...