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Trane Technologies (TT) Competitors

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$337.27 -7.49 (-2.17%)
As of 02:14 PM Eastern
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TT vs. FTV, KEYS, VLTO, TER, RVTY, AVTR, BIO.B, NVMI, VNT, and ST

Should you be buying Trane Technologies stock or one of its competitors? The main competitors of Trane Technologies include Fortive (FTV), Keysight Technologies (KEYS), Veralto (VLTO), Teradyne (TER), Revvity (RVTY), Avantor (AVTR), Bio-Rad Laboratories (BIO.B), Nova (NVMI), Vontier (VNT), and Sensata Technologies (ST). These companies are all part of the "measuring and control equipment" industry.

Trane Technologies vs.

Fortive (NYSE:FTV) and Trane Technologies (NYSE:TT) are both large-cap computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, risk, earnings, institutional ownership, profitability, analyst recommendations, dividends, community ranking and media sentiment.

Fortive has a net margin of 13.36% compared to Trane Technologies' net margin of 12.94%. Trane Technologies' return on equity of 35.37% beat Fortive's return on equity.

Company Net Margins Return on Equity Return on Assets
Fortive13.36% 13.15% 7.92%
Trane Technologies 12.94%35.37%12.72%

Fortive pays an annual dividend of $0.32 per share and has a dividend yield of 0.4%. Trane Technologies pays an annual dividend of $3.76 per share and has a dividend yield of 1.1%. Fortive pays out 13.6% of its earnings in the form of a dividend. Trane Technologies pays out 33.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Fortive received 309 more outperform votes than Trane Technologies when rated by MarketBeat users. Likewise, 59.48% of users gave Fortive an outperform vote while only 42.49% of users gave Trane Technologies an outperform vote.

CompanyUnderperformOutperform
FortiveOutperform Votes
408
59.48%
Underperform Votes
278
40.52%
Trane TechnologiesOutperform Votes
99
42.49%
Underperform Votes
134
57.51%

Fortive has a beta of 1.16, indicating that its stock price is 16% more volatile than the S&P 500. Comparatively, Trane Technologies has a beta of 1.08, indicating that its stock price is 8% more volatile than the S&P 500.

Fortive currently has a consensus price target of $87.64, indicating a potential upside of 16.27%. Trane Technologies has a consensus price target of $413.69, indicating a potential upside of 22.12%. Given Trane Technologies' higher possible upside, analysts plainly believe Trane Technologies is more favorable than Fortive.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fortive
0 Sell rating(s)
6 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.54
Trane Technologies
1 Sell rating(s)
10 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.29

Trane Technologies has higher revenue and earnings than Fortive. Trane Technologies is trading at a lower price-to-earnings ratio than Fortive, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Fortive$6.23B4.12$832.90M$2.3631.94
Trane Technologies$19.84B3.83$2.57B$11.2530.11

In the previous week, Trane Technologies had 11 more articles in the media than Fortive. MarketBeat recorded 35 mentions for Trane Technologies and 24 mentions for Fortive. Trane Technologies' average media sentiment score of 1.56 beat Fortive's score of 0.97 indicating that Trane Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fortive
15 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Trane Technologies
31 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Very Positive

94.9% of Fortive shares are owned by institutional investors. Comparatively, 83.0% of Trane Technologies shares are owned by institutional investors. 1.0% of Fortive shares are owned by insiders. Comparatively, 0.4% of Trane Technologies shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Summary

Fortive beats Trane Technologies on 11 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TT vs. The Competition

MetricTrane TechnologiesEnvironmental controls IndustryConstruction SectorNYSE Exchange
Market Cap$77.33B$28.50B$8.29B$19.67B
Dividend Yield0.98%1.80%2.01%3.98%
P/E Ratio30.6516.9816.0033.81
Price / Sales3.901.4668.5130.66
Price / Cash28.0416.0021.4017.56
Price / Book10.335.554.294.64
Net Income$2.57B$986.87M$535.55M$1.02B
7 Day Performance-0.14%-0.07%1.04%-0.19%
1 Month Performance-4.28%-2.14%-3.40%-4.18%
1 Year Performance21.05%10.52%18.88%6.30%

Trane Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TT
Trane Technologies
4.4697 of 5 stars
$337.27
-2.2%
$413.69
+22.7%
+21.0%$75.65B$19.84B29.9845,000Ex-Dividend
Analyst Forecast
Positive News
FTV
Fortive
4.5569 of 5 stars
$79.99
+0.6%
$87.64
+9.6%
-10.0%$27.72B$6.23B33.8618,000
KEYS
Keysight Technologies
4.2376 of 5 stars
$158.66
-0.5%
$184.44
+16.3%
+1.1%$27.37B$5.02B45.2215,500
VLTO
Veralto
3.1531 of 5 stars
$100.22
+0.5%
$112.55
+12.3%
+12.2%$24.74B$5.19B29.9316,000Dividend Announcement
Positive News
TER
Teradyne
4.9413 of 5 stars
$108.44
-1.3%
$143.77
+32.6%
+2.3%$17.45B$2.82B32.406,500Analyst Forecast
Positive News
RVTY
Revvity
3.2541 of 5 stars
$111.61
-0.5%
$136.25
+22.1%
+7.9%$13.42B$2.76B50.5411,500
AVTR
Avantor
4.8312 of 5 stars
$16.11
-3.6%
$25.92
+60.9%
-31.6%$10.98B$6.78B15.5013,500Positive News
BIO.B
Bio-Rad Laboratories
N/A$265.82
-14.8%
N/A-20.0%$7.44B$2.57B-4.098,200
NVMI
Nova
2.5778 of 5 stars
$233.33
-2.4%
$246.67
+5.7%
+28.9%$6.80B$672.40M40.443,606Positive News
Gap Down
VNT
Vontier
4.4819 of 5 stars
$36.86
-1.3%
$45.43
+23.2%
-22.6%$5.47B$2.98B13.378,000Positive News
ST
Sensata Technologies
4.804 of 5 stars
$28.30
-1.9%
$39.08
+38.1%
-18.8%$4.21B$3.93B33.5419,400News Coverage
Positive News
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This page (NYSE:TT) was last updated on 3/10/2025 by MarketBeat.com Staff
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