Alert: Positive Investment/Fundamental Signals (9/11/24)-Trane Technologies plc (NYSE: TT)

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Recent meaningful positive changes in fundamentals have benefitted Trane Technologies plc (NYSE: TT): the consensus estimate for December, 2025 increased significantly, significant quarterly sales acceleration occurred, and significant quarterly earnings acceleration occurred.

Trane Technologies plc (NYSE: TT) has benefited from notable positive changes in investment behavior: the stock’s recent price rise disrupted its longer term downtrend.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, TT is expected to continue to be a major Value Builder.

Trane Technologies plc has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Trane Technologies plc has a poor Appreciation Score of 26 but a very high Power Rating of 94, leading to the High Neutral Value Trend Rating.

Recent Price Action

Trane Technologies plc (NYSE: TT) stock closed at $354.31 on 9/11/24 after a large increase of 2.4%. However, below average trading volume at 81% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 2.3% during the last week.

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