Trane Technologies (TT) reported third-quarter 2026 net revenues of $6.76 billion, up 18% from a year earlier. Net earnings were $1.05 billion, while diluted earnings per share were $4.74; diluted EPS from continuing operations was $4.79.
The company raised its full-year revenue outlook, forecasting reported revenue growth of approximately 13.5% and organic revenue growth of approximately 11% versus 2025. It reaffirmed full-year GAAP continuing EPS guidance of approximately $15.00 to $15.10.
- Organic bookings increased 20%, and total bookings reached $7.25 billion.
- Backlog was $12.5 billion, up 73% year over year.
- GAAP operating income rose 15% to $1.34 billion.
- Americas revenue increased 21% to $5.65 billion; EMEA revenue rose 1% to $755.8 million; Asia Pacific revenue increased 8% to $356.0 million.
- Year-to-date cash flow from continuing operating activities was $3.06 billion through September 30, 2026.
$TT Insider Trading Activity
$TT insiders have traded $TT stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $TT stock by insiders over the last 6 months:
- DAVID S REGNERY (Chair and CEO) has made 0 purchases and 2 sales selling 91,869 shares for an estimated $43,878,230.
- DONALD E. SIMMONS (Group President, Americas) sold 4,593 shares for an estimated $2,296,500
- MELISSA N. SCHAEFFER sold 145 shares for an estimated $68,479
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$TT Hedge Fund Activity
We have seen 874 institutional investors add shares of $TT stock to their portfolio, and 693 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO added 12,562,815 shares (+inf%) to their portfolio in Q2 2026, for an estimated $6,170,352,215
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 2,173,770 shares (-77.0%) from their portfolio in Q2 2026, for an estimated $1,067,668,873
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,770,762 shares (+inf%) to their portfolio in Q2 2026, for an estimated $869,727,463
- ALLIANCEBERNSTEIN L.P. added 1,463,000 shares (+393.4%) to their portfolio in Q2 2026, for an estimated $718,567,080
- FRANKLIN RESOURCES INC added 1,155,236 shares (+54.0%) to their portfolio in Q2 2026, for an estimated $567,405,713
- SG AMERICAS SECURITIES, LLC added 876,567 shares (+452.6%) to their portfolio in Q2 2026, for an estimated $430,534,647
- BANK OF AMERICA CORP /DE/ added 761,475 shares (+46.2%) to their portfolio in Q2 2026, for an estimated $374,006,061
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
