Company Trane Technologies plc

Equities

TT

IE00BK9ZQ967

Electrical Components & Equipment

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for Trane Technologies plc

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Heating, Ventilation & Air Conditioning Systems

Market Closed - Nyse Other stock markets 21:00:02 26/04/2024 BST			5-day change	1st Jan Change
304.5 ^USD	+1.72%		+5.64%	+24.86%

04-25	Dover beats Q1 profit estimates on manufacturing activity strength	RE
04-22	Baird Adjusts Price Target on Trane Technologies to $315 From $276, Neutral Rating Kept	MT

Trane Technologies plc specializes in designing, manufacturing, and marketing of air conditioning systems (heating, ventilation and air conditioning systems, etc. mainly under Trane and Thermo King brands. The group also provides temperature control equipment (refrigeration systems, controlled-temperature transportation equipment, etc.). Net sales break down by activity as follows:

- sale of equipment (67.7%);

- services and sale of spare parts (32.3%).

At the end of 2023, the group had 39 manufacturing facilities worldwide.

Net sales are distributed geographically as follows: Americas (78.2%), Europe/Middle East/Africa (13.6%) and Asia/Pacific (8.2%).

Number of employees: 40,000

USD in Million	2022	Weight	2023	Weight	Delta
Equipment 67.7 %	10,931	68.4 %	11,975	67.7 %	+9.56%
Services 32.3 %	5,061	31.6 %	5,702	32.3 %	+12.67%

USD in Million	2022	Weight	2023	Weight	Delta
Americas 78.2 %	12,641	79.0 %	13,832	78.2 %	+9.42%
EMEA 13.6 %	2,035	12.7 %	2,401	13.6 %	+18.02%
Asia Pacific 8.2 %	1,316	8.2 %	1,444	8.2 %	+9.72%

Managers	Title	Age	Since
Dave Regnery CEO	Chief Executive Officer	61	31/08/17
Christopher Kuehn DFI	Director of Finance/CFO	51	04/06/15
Raymond Pittard CTO	Chief Tech/Sci/R&D Officer	-	-
Stephen Hagood CTO	Chief Tech/Sci/R&D Officer	-	14/01/13
Paul Camuti CTO	Chief Tech/Sci/R&D Officer	62	31/07/11
Keith Sultana COO	Chief Operating Officer	54	31/10/08
Carrie Amendum Ruddy IRO	Public Communications Contact	-	31/12/13
Zachary A. Nagle IRC	Investor Relations Contact	-	30/06/16
Mark Majocha PRN	Corporate Officer/Principal	52	30/11/22
Mairéad Magner HRO	Human Resources Officer	-	31/12/19

Members of the board	Title	Age	Since
John Hayes BRD	Director/Board Member	57	04/04/23
Linda Hudson BRD	Director/Board Member	73	03/06/15
Gary Forsee BRD	Director/Board Member	74	31/12/06
John Surma BRD	Director/Board Member	69	31/12/12
Ann Berzin BRD	Director/Board Member	72	31/12/00
Kirk Arnold BRD	Director/Board Member	64	31/12/17
April Boise BRD	Director/Board Member	55	07/12/20
Dave Regnery CEO	Chief Executive Officer	61	31/08/17
Mark George BRD	Director/Board Member	57	10/10/22
Melissa Schaeffer BRD	Director/Board Member	44	10/10/22

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	251,673,874	225,839,364 ( 89.73 %)	24,500,713 ( 9.735 %)	89.73 %

Name	Equities	%	Valuation
Vanguard Fiduciary Trust Co. 8.241 %	18,713,263	8.241 %	5 618 M $
The Vanguard Group, Inc. 8.241 %	18,712,060	8.241 %	5 617 M $
JPMorgan Investment Management, Inc. 7.601 %	17,259,764	7.601 %	5 181 M $
BlackRock Advisors LLC 6.058 %	13,756,900	6.058 %	4 130 M $
STATE STREET CORPORATION 4.404 %	10,000,868	4.404 %	3 002 M $
Fidelity Management & Research Co. LLC 3.321 %	7,542,034	3.321 %	2 264 M $
BlackRock Life Ltd. 2.475 %	5,620,974	2.475 %	1 687 M $
Geode Capital Management LLC 2.237 %	5,080,713	2.237 %	1 525 M $
BNY Mellon Investment Adviser, Inc. 1.677 %	3,808,803	1.677 %	1 143 M $
Ameriprise Financial Services LLC 1.664 %	3,778,059	1.664 %	1 134 M $

Trane Technologies Plc

Airside Business Park 170/175 Lakeview Drive

, Swords

+353 1 870 7400

http://www.tranetechnologies.com

Name	Category and Sector
Thermo King LLC Thermo King LLC Trucks/Construction/Farm MachineryProducer Manufacturing Thermo King Corp. manufactures transport temperature control systems for a variety of mobile applications, including trailers, truck bodies, buses, shipboard containers and railway cars. It offers used and re-manufactured refrigeration units. The company was founded by Frederick McKinley Jones in 1938 and is headquartered in Minneapolis, MN.	Trucks/Construction/Farm Machinery
Trane Technologies International Ltd. Trane Technologies International Ltd. Industrial MachineryProducer Manufacturing Part of Trane Technologies Plc, Trane Technologies International Ltd. is an Irish company. The private company is located in Ireland.	Industrial Machinery
Trane U.S., Inc. Trane U.S., Inc. Industrial MachineryProducer Manufacturing Part of Trane Technologies Plc, Trane U.S., Inc. is a private company that manufactures and markets heating and air ventilation equipment. The company is based in Davidson, NC.	Industrial Machinery
Club Car LLC Club Car LLC Motor VehiclesConsumer Durables Club Car LLC is a private company that produces high-quality golf carts and personal and commercial utility vehicles for use around the world. The company is based in Evans, GA and has subsidiaries in Denmark and the United States. The company offers expansive options to ensure the best fleet golf cars and the most efficient, durable turf utility vehicles. Club Car was founded in 1958 by Bill Stevens. On June 1, 2021, Club Car was acquired by Platinum Equity Advisors LLC from Ingersoll Rand, Inc. for $1,680 million.	Motor Vehicles
Trane do Brasil Indústria e Comércio de Productos Trane do Brasil Indústria e Comércio de Productos Industrial MachineryProducer Manufacturing Part of Trane Technologies Plc, Trane do Brasil Indústria e Comércio de Productos is a Brazilian company that manufactures refrigeration and heating equipment. The private company is located in Brazil.	Industrial Machinery
Trane Technologies Indústria, Comércio e Serviços Trane Technologies Indústria, Comércio e Serviços Industrial MachineryProducer Manufacturing Part of Trane Technologies Plc, Trane Technologies Indústria, Comércio e Serviços is a Brazilian company that manufactures refrigeration and heating equipment. The private company is located in Brazil.	Industrial Machinery
Trane Technologies Financing Ltd. Trane Technologies Financing Ltd. Finance/Rental/LeasingFinance Part of Trane Technologies Plc, Trane Technologies Financing Ltd. provides financing solutions. The private company is based in Swords, Ireland and was founded in 2018.	Finance/Rental/Leasing
Trane Technologies Co. LLC Trane Technologies Co. LLC Wholesale DistributorsDistribution Services Part of Trane Technologies Plc, Trane Technologies Co. LLC supplies heating and cooling equipment. The private company is based in Davidson, NC. Founded in 2020.	Wholesale Distributors

Trading Rating

Investor Rating

ESG Refinitiv

A-

More Ratings

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

304.5 USD

Average target price

290.5 USD

Spread / Average Target

-4.61%

Consensus

Estimates Revisions

Company calendar

Industrials

Industrial Goods

Machinery, Equipment & Components

Electrical Components & Equipment

Heating, Ventilation & Air Conditioning Systems

	1st Jan change	Capi.
TRANE TECHNOLOGIES PLC	+24.86%	69.15B
CARRIER GLOBAL CORPORATION	+5.31%	54.51B
JOHNSON CONTROLS INTERNATIONAL PLC	+12.96%	44.37B
DAIKIN INDUSTRIES, LTD.	-7.94%	39.35B
LENNOX INTERNATIONAL INC.	+6.61%	17B
WATSCO, INC.	+3.44%	16.3B
NIBE INDUSTRIER AB	-27.20%	9.48B
AAON, INC.	+23.39%	7.48B
VOLTAS LIMITED	+48.69%	5.77B
NINGBO DEYE TECHNOLOGY GROUP CO., LTD.	+8.65%	5.41B

Heating, Ventilation & Air Conditioning Systems