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TT Trane Technologies plc - Fundamental Analysis

BULLISH
TT Stock | Fundamental Analysis & Investment Insights
NYSE Industrials Building Products & Equipment
Current Price
$418.16
Analyst Target
$482.02
+15.3% Upside
52W High
$476.19
52W Low
$298.15

AI Analysis

Powered by advanced machine learning algorithms

Confidence Score
88%
Analysis Accuracy
Trane Technologies (TT) trades at a premium valuation with strong profitability and consistent earnings execution, outperforming peers on ROE and margin discipline despite elevated multiples. The company has delivered 21 of the last 25 quarters beating EPS estimates, with a 5-year return of +193.4%, reflecting durable shareholder value creation amid resilient HVAC demand and operational efficiency. While insider selling raises minor concerns, robust analyst conviction (18 analysts, Buy rating) and a healthy balance sheet support continued outperformance. TT’s growth trajectory and capital allocation discipline position it favorably within the industrials sector, particularly against lower-growth peers like 3M and underperforming Lockheed Martin.

Key Strengths

Exceptional profitability: ROE of 37.21% significantly exceeds sector average of 35.76% and peer HON (34.62%)
Superior margin profile: Operating margin of 20.22% and gross margin of 36.42% reflect pricing power and cost control
Consistent earnings outperformance: 21 of last 25 quarters beat EPS estimates, with 4-quarter average surprise of 8.83%
Strong long-term price performance: +193.4% over 5 years, outpacing most peers including HON (-6.0%) and LMT (-11.2%)
Healthy financial leverage: Debt/Equity of 0.55 well below sector average of 1.77, providing capital flexibility

Key Risks

Rich valuation: P/E of 31.94 and Forward P/E of 33.06 are substantially above sector average (27.01) and close peers like HON (21.02)
Recent insider selling: CEO and officers sold $9.66M in shares over last 6 months, signaling potential lack of near-term confidence
Near-term price weakness: -3.8% over 1 week and -2.1% over 6 months despite strong fundamentals, suggesting sentiment lag
Limited free cash flow visibility: OCF and FCF data unavailable, creating opacity in cash conversion and dividend sustainability
Slowing near-term EPS growth: Q/Q EPS growth flat at 0.0%, though YoY remains strong at +15.1%
AI Fair Value Estimate
Based on comprehensive analysis
$482.02
+15.3% above current price

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