<div id="readability-page-1"><p>Oppenheimer Asset Management Inc. cut its stake in shares of  Trane Technologies plc (NYSE:TT - Free Report) by 84.9% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor  owned 606 shares of the company's stock after selling 3,403 shares during the period. Oppenheimer Asset Management Inc.'s holdings in Trane Technologies were worth $236,000 at the end of the most recent reporting period.</p><div><p><span></span><span>Get <strong>Trane Technologies</strong> alerts:</span></p></div><ul><li>The Toro Company: A Baby Bull Market Is Gaining Traction</li></ul><p>Several other large investors have also recently added to or reduced their stakes in TT. Vanguard Group Inc. raised its holdings in shares of  Trane Technologies by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 20,020,321 shares of the company's stock worth $7,791,909,000 after acquiring an additional 192,270 shares in the last quarter.  JPMorgan Chase &amp; Co. grew its stake in  Trane Technologies by 10.2% in the third quarter. JPMorgan Chase &amp; Co. now owns 15,525,010 shares of the company's stock valued at $6,550,975,000 after purchasing an additional 1,433,563 shares in the last quarter.  Nordea Investment Management AB increased its position in  Trane Technologies by 2.9% in the 4th quarter. Nordea Investment Management AB now owns 2,586,506 shares of the company's stock worth $1,010,419,000 after purchasing an additional 72,998 shares during the last quarter.  Bank of America Corp DE increased its position in  Trane Technologies by 9.2% in the 3rd quarter. Bank of America Corp DE now owns 2,422,690 shares of the company's stock worth $1,022,278,000 after purchasing an additional 203,766 shares during the last quarter.  Finally, Legal &amp; General Group Plc raised its stake in shares of  Trane Technologies by 2.4% during the 3rd quarter. Legal &amp; General Group Plc now owns 1,880,221 shares of the company's stock worth $793,378,000 after purchasing an additional 44,243 shares in the last quarter. Institutional investors and hedge funds own  82.97% of the company's stock. </p><h2>Insider Activity</h2><p>In related news, CAO Elizabeth A. Elwell sold 635 shares of the firm's stock in a transaction on Friday, March 6th. The shares were sold at an average price of $422.70, for a total value of $268,414.50. Following the transaction, the chief accounting officer directly owned 7,100 shares in the company, valued at approximately $3,001,170. This trade represents a 8.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Christopher J. Kuehn sold 8,619 shares of the business's stock in a transaction on Wednesday, April 8th. The stock was sold at an average price of $450.00, for a total transaction of $3,878,550.00. Following the transaction, the chief financial officer directly owned 60,576 shares of the company's stock, valued at approximately $27,259,200. This represents a 12.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 62,590 shares of company stock valued at $27,403,514 in the last quarter. 0.14% of the stock is currently owned by corporate insiders. </p><h2>Analyst Ratings Changes</h2><ul><li>Dividends Are Rising: 3 Foreign Stocks Boosting Payouts</li></ul><p>Several equities research analysts recently commented on the company. Weiss Ratings  reissued a &#34;buy (b)&#34; rating on shares of Trane Technologies in a research note on Monday, April 20th. KeyCorp raised their price objective on shares of Trane Technologies from $525.00 to $555.00 and gave the company an &#34;overweight&#34; rating in a research report on Friday, May 1st. Morgan Stanley reduced their target price on shares of Trane Technologies from $550.00 to $535.00 and set an &#34;overweight&#34; rating for the company in a research note on Tuesday, January 13th. Royal Bank Of Canada increased their price target on shares of Trane Technologies from $440.00 to $501.00 and gave the stock a &#34;sector perform&#34; rating in a research note on Friday, May 1st. Finally, Evercore assumed coverage on shares of Trane Technologies in a report on Monday, April 13th. They set an &#34;outperform&#34; rating and a $535.00 price target on the stock. One analyst  has rated the stock with a Strong Buy rating, ten have issued  a Buy rating, six have given a Hold rating and one  has assigned  a Sell rating to the stock. According to data from MarketBeat.com, Trane Technologies presently has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $505.56.</p><p><b>Get Our Latest Stock Analysis on TT</b></p><h2>Trane Technologies Stock Performance</h2><ul><li>3 Under-the-Radar Oil Stocks to Keep Your Eye On</li></ul><p>Shares of NYSE TT opened at $466.59 on Friday. The business's 50-day simple moving average is $448.30 and its 200-day simple moving average is $426.70. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.77 and a current ratio of 1.10. Trane Technologies plc has a 52 week low of $348.06 and a 52 week high of $503.47. The firm has a market cap of $103.14 billion, a price-to-earnings ratio of 36.09, a P/E/G ratio of 2.17 and a beta of 1.25. </p><p>Trane Technologies (NYSE:TT - Get Free Report) last posted its earnings results on Friday, May 1st. The company reported $2.63 earnings per share for the quarter, topping the consensus estimate of $2.53 by $0.10. The firm had revenue of $4.97 billion during the quarter, compared to analyst estimates of $4.81 billion. Trane Technologies had a return on equity of 35.55% and a net margin of 13.41%.The company's revenue for the quarter was up 6.0% on a year-over-year basis. During the same period in the previous year, the company earned $2.45 EPS.  As a group, equities research analysts expect that  Trane Technologies plc will post 14.87 earnings per share for the current fiscal year. </p><h2>Trane Technologies Dividend Announcement</h2><p>The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, June 5th will be paid a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Friday, June 5th. Trane Technologies's payout ratio is presently 32.48%. </p><h2>Trane Technologies Profile</h2> (Free Report)<p>Trane Technologies <span>NYSE: TT<span></span></span> is a global climate solutions company focused on heating, ventilation and air conditioning (HVAC) and transport refrigeration systems. The company develops, manufactures and sells a broad range of climate-control products under well-known brands, including commercial and residential HVAC equipment, building management systems and controls, and transport refrigeration units. Its product portfolio spans rooftop and packaged units, chillers, furnaces, air handlers, compressors, and related components designed for commercial buildings, industrial facilities, residences and transportation applications.  </p><p>In addition to equipment, Trane Technologies provides lifecycle services that include installation, maintenance, parts, retrofit and aftermarket support, as well as digital and controls solutions for building performance and energy management.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Trane Technologies</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRU?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRU"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Trane Technologies Right Now?</h2><p>Before you consider Trane Technologies, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Trane Technologies wasn't on the list.</p><p>While Trane Technologies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

HVAC

<p>Oppenheimer Asset Management Inc. reduced its stake in Trane Technologies plc (NYSE:TT) by 84.9% in Q4, now holding 606 shares valued at $236,000. Other investors like Vanguard and JPMorgan increased their stakes. Insider trading included sales by CAO Elizabeth A. Elwell and CFO Christopher J. Kuehn. Analysts have mixed ratings on the stock, with a consensus target price of $505.56. Trane Technologies shares opened at $466.59.</p>

Market Beat

Trane Tech

AdvisorShares HVAC and Industrials ETF

Spdr Select Indu

iShares US Industrials

VG Industr

Oppenheimer

JPMorgan Chase

Nordea Bank

Bank of America

Legal & General Group Plc

Toro

KeyCorp

Morgan Stanley

ROYAL BANK OF CANADA

Evercore

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

KEYCORP DEP SHS REP 1/40TH NON CUM PER PFD SER G

KEYCORP DEP SHS REPSTG 1/40TH INT PERP NON CUM H

KEYCORP DEP SHS REP 1/40TH PERP PFD SER F USD25

KEYCORP DEP SHS REP 1/40TH NON CUM PFD SER E

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

Trane Technologies plc $TT Stock Holdings Lessened by Oppenheimer Asset Management Inc.