Oppenheimer & Co. Inc. increases its investment in
Trane Technologies, as the company's stock shows impressive growth, outdoing the market on multiple occasions. Despite the fluctuating market, some insider selling, and underperformance on certain days, the company was able to declare
quarterly dividends and price a $500 Million Senior Notes offering.
First Trust Advisors LP bought 44607 additional shares and
Schroder Investment Management holds a $78.78 million stake in the company, while certain entities like
Northern Trust Corp lowered their positions. Notably, Barclays and UBS Group gave new price targets of $380.00 and $375.00 respectively. The company has displayed steady growth and robust performance leading to optimistic analysis from market experts, who opine it as a strong momentum and growth stock. They reported strong Q1 results and have raised 2024 Revenue and EPS guidance. High-profile sales of shares by executives occurred, yet the company's stock remains fundamentally strong but without any margin of safety.
Trane Technologies Plc TT News Analytics from Thu, 28 Sep 2023 07:00:00 GMT to Sun, 09 Jun 2024 14:05:34 GMT -
