Goldman Sachs analyst Joe Ritchie has upgraded Trane Technologies (TT) to a Buy rating, setting a price target of $565.00. The company’s shares closed at $471.29 yesterday. Ritchie, a 5-star analyst with a 12.4% average return and a 58.89% success rate, covers the Industrials sector and focuses on stocks like ATS Corporation, Carrier Global, and Lennox International.
Trane Technologies also received a Buy rating from Bernstein’s Varun Govindaraj today. However, RBC Capital maintained a Hold rating on the stock on October 13. The company reported quarterly revenue of $6.35 billion and a net profit of $925.7 million for the quarter ending June 30, up from $5.75 billion in revenue and $874.8 million in net profit last year.
Despite positive analyst ratings, corporate insider sentiment is negative. Over the past quarter, 74 insiders have increased their selling activity. Most recently, Director Melissa N. Schaeffer sold 145 shares in August 2026 for a total of $68,479.15.