J. Safra Sarasin Holding 13F: Cuts TT Stake by $13M
Key Points
- The fund's position in Trane Technologies now stands at 57,851 shares, valued at approximately $25.6 million after the reduction.
- This represents a 33.9% decrease in shares since the last report, reflecting a significant cut in its investment in the company.
- Trane Technologies recently traded around $455.03, with an estimated gain of about 13.6% compared to J. Safra Sarasin's average cost.
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J. Safra Sarasin Holding reduced its stake in Trane Technologies plc (TT) by 29,695 shares, valued at about $13.1 million, in a filing on October 26, 2026. The fund now holds 57,851 shares of the company, which reflects a 33.9% decrease in its position since the previous report.
TT
Trane Technologies plc
Where Trane Technologies Fits in J. Safra Sarasin's Portfolio
This position accounts for 1.08% of the fund's total reported value of about $2.37 billion, ranking it 23rd among its 800 holdings. The estimated gain versus cost is approximately 13.6% based on current trading levels.
Other Institutional Activity in Trane Technologies
Franklin Resources, Inc. increased its holdings in Trane Technologies by 1,155,275 shares, bringing its total to 3,293,486 shares worth about $1.5 billion. Nuveen, LLC also added 200,316 shares, resulting in a total of 3,013,749 shares valued at approximately $1.4 billion.
Trane Technologies plc Stock Up 1.4%
As of October 27, 2026, Trane Technologies shares were recently trading around $455.03. This price is significant as it reflects a strong performance, positioning the stock favorably in the market.
Recent Earnings
Trane Technologies reported a trailing twelve-month revenue of approximately $22.2 billion, with a net margin of 13.3%. The company is expected to announce its next earnings on October 29, 2026.
Dividend
The company pays an annual dividend of $4.20 per share, with a payout ratio of 29.7%. This yield reflects its commitment to returning value to shareholders.
Insider Buying and Selling at Trane Technologies plc
Several insiders have sold shares recently. Donald E. Simmons, an officer, sold 4,593 shares at $500.00 each for a total of about $2.3 million on April 30, 2026. CEO David S. Regnery sold 48,091 shares at $480.00 each on October 6, 2026, valued at approximately $23.1 million.
Analysts Set New Price Targets
On October 14, 2026, Goldman Sachs upgraded Trane Technologies to a Buy rating with a price target of $565.00. Meanwhile, Wells Fargo initiated coverage with an Overweight rating and a target of $536.00 on September 25, 2026.
About Trane Technologies
Trane Technologies plc designs and manufactures climate control solutions, including heating, ventilation, and air conditioning systems. The company serves various markets, focusing on sustainability and innovation.
Bottom Line
Investors should watch for Trane Technologies' upcoming earnings report on October 29, 2026, as well as any further updates from J. Safra Sarasin regarding its investment strategy in the company.
Related Filing Alerts
Source: J. Safra Sarasin Holding's 13F filing on $TT (Oct 26, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts