After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Yahoo Finance discussed the stock recently as it posted Trane Technologies Announces Completely New Residential HVAC Product Portfolio.
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Stocks Info
This NYSE-listed company operates within the Building Products & Equipment industry segment, falling under the Industrials sector. The current market capitalization of Trane Technologies plc is $68.43B. A total of 0.73 million shares were traded on the day, compared to an average of 1.04M shares.
In the most recent transaction, Regnery David S sold 9,782 shares of TT for 286.43 per share on Mar 06 ’24. After the transaction, the Chair and CEO now owns 104,092 company shares. In a previous transaction on Mar 06 ’24, Kuehn Christopher J sold 3,762 shares at 286.48 per share. TT shares that Executive Vice President & CFO owns now total 61,691.
Among the insiders who sold shares, Regnery David S disposed of 6,990 shares on Mar 05 ’24 at a per-share price of $286.19. This resulted in the Chair and CEO holding 113,874 shares of TT after the transaction. In another insider transaction, Camuti Paul A sold 5,643 shares at $288.30 per share on Mar 04 ’24. Company shares held by the Executive Vice President now total 88,770.
Dividend
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Trane Technologies plc pays an annual dividend of $3.09, resulting in a dividend yield of 1.03%, and it has a price to earnings (P/E) ratio of 34.32. TT’s most recent ex-dividend date was 2/29/2024 when it declared a $0.84 quarterly dividend that was paid in cash on 3/29/2024. Previously, the company paid the dividend on 12/29/2023 with an ex-dividend date of 11/30/2023. The TT stock dividend was $0.75 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, TT has a high of $305.00 and a low of $162.04.
As of this writing, TT has an earnings estimate of $1.63 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $1.68 per share and a lower estimate of $1.59. The company reported an EPS of $2.79 in the last quarter, which was 4.90% higher than expectations of $2.66.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. TT’s latest balance sheet shows that the firm has $2.16B in Cash & Short Term Investments as of fiscal 2021. There were $4.84B in debt and $4.75B in liabilities at the time. Its Book Value Per Share was $30.79, while its Total Shareholder’s Equity was $6.27B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TT is Buy with a score of 3.44.
