Numerous investment management companies like
Fenimore Asset Management,
Brighton Jones LLC, and
Ameritas Advisory Services LLC, have adjusted their stake in
Trane Technologies Plc (TT). The company's stock has been set by brokerages at $420.64, experiencing a year-on-year increase of 82%. Positive growth projections are fueling investors' interest, with Trane Technologies benefitting from long-term secular trends. However, the company's stock experienced slight fluctuations, going down by 3.32% in Dec 9, and going up by 3.7% Nov 8. Trane Technologies has also completed its acquisition of
BrainBox AI, with its Q4 2024 earnings call scheduled for January 30, 2025. The company exceeded third quarter results and raised its 2024 revenue and EPS guidance, and even proclaimed a new $5 Billion share repurchase program. A SWOT insight into Trane Technologies reveals potential growth challenges in climate control. Regardless, the stock managed to outperform S&P 500, with
Royal Bank of Canada forecasting strong price appreciation.
Trane Technologies Plc TT News Analytics from Wed, 31 Jul 2024 07:00:00 GMT to Sat, 25 Jan 2025 13:28:19 GMT -
Rating 8
- Innovation 5
- Information 7
- Rumor 4