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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Trane Technologies plc (TT) is set to present at the UBS Global Industrials and Transportation Conference on December 3, 2024, starting at 8:50 AM ET. The live webcast can be accessed through their investor relations website.
Trane Technologies plc has received a Buy rating from UBS. The company specializes in designing, manufacturing, and marketing air conditioning and temperature control equipment, primarily under the Trane and Thermo King brands. In 2023, net sales were predominantly from equipment sales (67.7%), with services and spare parts accounting for 32.3%. The company operates 39 production sites globally, with a significant sales distribution in the Americas (78.2%).
Trane Technologies plc has received a Buy rating from UBS. The company specializes in designing, manufacturing, and marketing air conditioning and temperature control equipment, primarily under the Trane and Thermo King brands. In 2023, net sales were predominantly from equipment sales (67.7%), with services and spare parts accounting for 32.3%. The company operates 39 production sites globally, with a significant sales distribution in the Americas (78.2%).
Wescott Financial Advisory Group LLC, Greenleaf Trust, and Lake Street Advisors Group LLC have recently increased their stakes in Trane Technologies, with institutional investors owning 82.97% of the company. Analysts have mixed ratings on the stock, with UBS Group initiating coverage with a "buy" rating and a $500 price target, while others maintain a "hold" rating. Trane Technologies reported strong earnings, exceeding expectations with $3.37 per share and $5.44 billion in revenue for the last quarter.
Trane Technologies plc
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