Trane Technologies Stock Rises 21% in a Year: Here's How

Core Insights - Trane Technologies plc (TT) stock has appreciated 21% over the past year, outperforming the industry growth of 13% [1] Group 1: Financial Performance - Trane Technologies reported a 10.2% revenue growth in the fourth quarter of 2024, driven by a strong Commercial HVAC market [2] - The company achieved an adjusted EPS increase of 20.3% year over year in the fourth quarter of 2024, benefiting from strong demand, acquisitions, positive price realization, volume growth, and productivity [3] - Share repurchases amounted to $1.2 billion in 2022,$669.3 million in 2023, and $1.3 billion in 2024, while dividends paid were$620.2 million, $683.7 million, and$757.5 million for the same years respectively [4] Group 2: Liquidity and Ratios - The current ratio for Trane Technologies in the fourth quarter of 2024 was 1.21, slightly below the industry average of 1.27, but an increase from 1.14 in the previous year [5] Group 3: Market Position and Rankings - Trane Technologies currently holds a Zacks Rank of 3 (Hold) [6] - Maximus (MMS) has a Zacks Rank of 1 (Strong Buy) and has outperformed the Zacks Consensus estimate in three of the last four quarters with an average beat of 13.3% [6] - Booz Allen Hamilton (BAH) carries a Zacks Rank of 2 (Buy) and has also outperformed the Zacks Consensus Estimate in three of the last four quarters with an average beat of 6.7% [7]