AllAnalyst Report
logoMorningstarOctober 29, 2020

Trane Technologies plc: Trane Technologies Reported Much-Improved Third-Quarter Results; Raises Full-Year Guidance

Symbols
TT
Sector(s)
Industrials
Rating
Current Price
$297.43
Fair Value
Economic Moat
Stewardship
Summary

Trane Technologies manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard, and Thermo King brands. The $13 billion company generates approximately 70% of sales from equipment and 30% from parts and s

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Analyst Profile

Brian Bernard

Sector Director
Brian Colello, CPA, is director of technology, media, and telecom equity research for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. In addition to leading Morningstar’s technology, media, and telecom sector team, he covers semiconductor and hardware companies. Colello was a senior equity analyst before assuming his current role in 2015.Before joining Morningstar in 2008, he worked in public accounting for KPMG and served as a manager in corporate finance for BMG Music, a subsidiary of Bertelsmann AG.Colello holds a bachelor’s degree in accounting from Bucknell University and a master’s degree in business administration from Wake Forest. He is also a Certified Public Accountant.