JPMorgan Amends Trane Technologies Stake as of Dec 29, 2023

TL;DR

**JPMorgan Chase & Co. updated its Trane Technologies plc stake, signaling continued institutional interest.**

AI Summary

JPMorgan Chase & Co. filed an amended Schedule 13G/A on January 25, 2024, indicating its ownership of Trane Technologies plc's Ordinary Shares as of December 29, 2023. This filing is an amendment (Amendment No. 02) to a previous filing, suggesting a change in their beneficial ownership. This matters to investors because JPMorgan Chase & Co. is a significant institutional investor, and changes in its holdings can signal its confidence (or lack thereof) in Trane Technologies plc's future performance.

Why It Matters

This filing shows that a major financial institution, JPMorgan Chase & Co., continues to hold a significant position in Trane Technologies plc, which can be seen as a vote of confidence.

Risk Assessment

Risk Level: low — This filing is a routine update from a large institutional investor and does not indicate any immediate significant risk to Trane Technologies plc.

Analyst Insight

Investors should note that a major institutional player like JPMorgan Chase & Co. maintains a position in Trane Technologies plc, which could be a positive signal, but should also monitor future filings for significant changes in their stake.

Key Numbers

• $1.00 — Par Value per Share (The par value of Trane Technologies plc's Ordinary Shares.)

Key Players & Entities

• JPMorgan Chase & Co. (company) — the entity filing the SC 13G/A
• Trane Technologies plc (company) — the subject company whose shares are being reported
• December 29, 2023 (date) — the date of the event requiring the filing
• January 25, 2024 (date) — the filing date of the SC 13G/A
• $1.00 (dollar_amount) — par value per Ordinary Share of Trane Technologies plc

Forward-Looking Statements

• JPMorgan Chase & Co. will continue to hold a significant, though potentially fluctuating, stake in Trane Technologies plc. (JPMorgan Chase & Co.) — high confidence, target: Next 12 months

FAQ

From the Filing

0000019617-24-000149.txt : 20240125 0000019617-24-000149.hdr.sgml : 20240125 20240125111047 ACCESSION NUMBER: 0000019617-24-000149 CONFORMED SUBMISSION TYPE: SC 13G/A CONFIRMING COPY: PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240125 DATE AS OF CHANGE: 20240125 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Trane Technologies plc CENTRAL INDEX KEY: 0001466258 STANDARD INDUSTRIAL CLASSIFICATION: AUTO CONTROLS FOR REGULATING RESIDENTIAL & COMML ENVIRONMENT [3822] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 000000000 STATE OF INCORPORATION: L2 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-85034 BUSINESS ADDRESS: STREET 1: 170/175 LAKEVIEW DRIVE STREET 2: AIRSIDE BUSINESS PARK, SWORDS, CITY: CO. DUBLIN STATE: L2 ZIP: 00000 BUSINESS PHONE: 732-652-7000 MAIL ADDRESS: STREET 1: C/O TRANE TECHNOLOGIES STREET 2: 800-E BEATY STREET CITY: DAVIDSON STATE: NC ZIP: 28036 FORMER COMPANY: FORMER CONFORMED NAME: Ingersoll-Rand plc DATE OF NAME CHANGE: 20090612 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: JPMORGAN CHASE & CO CENTRAL INDEX KEY: 0000019617 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] ORGANIZATION NAME: 02 Finance IRS NUMBER: 132624428 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 383 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2122706000 MAIL ADDRESS: STREET 1: 383 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: J P MORGAN CHASE & CO DATE OF NAME CHANGE: 20010102 FORMER COMPANY: FORMER CONFORMED NAME: CHASE MANHATTAN CORP /DE/ DATE OF NAME CHANGE: 19960402 FORMER COMPANY: FORMER CONFORMED NAME: CHEMICAL BANKING CORP DATE OF NAME CHANGE: 19920703 SC 13G/A 1 TRANE_TECHNOLOGIES_PLC.htm FILING TRANE TECHNOLOGIES PLC Schedule 13G   UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   SCHEDULE 13G     Under the Securities Exchange Act of 1934 (Amendment No. 02 )*   TRANE TECHNOLOGIES PLC   (Name of Issuer)   Ordinary Shares, Par Value $1.00 per Share (Title of Class of Securities)   G8994E103 (CUSIP Number)   December 29, 2023 (Date of Event Which Requires Filing of this Statement)   Check the appropriate box to designate the rule pursuant to which this Schedule is filed:        x  Rule 13d-1(b)        o  Rule 13d-1(c)        o  Rule 13d-1(d)   * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.   The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).           CUSIP No.  G8994E103                           1   NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)   JPMORGAN CHASE & CO. 13-2624428       2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)   (a)   o   (b)   o       3   SEC USE ONLY               4   CITIZENSHIP OR PLACE OF ORGANIZATION       Delaware         NUMBER OF SHARES BENEFICIALLY  OWNED BY EACH REPORTING PERSON WITH:  5   SOLE VOTING POWER       15,653,770 &#16