It is possible
you can check this thread
https://tieba.baidu.com/p/5944...
or this video
https://youtu.be/BOPfpgQPUHs?t...
However I do not recommend people to propagate TP from cuttings, because the chance of growing root is not high(less than 60% in mass production according to some farmers in China), and even if it has roots comes out, it is still hard to survive in next summer, and even if it survived in next summer, it will take much longer time to bloom compare to a grafted plant(normally bloom next or 2nd year) because it will take at least 2 years to develop it's own root system without the help from a herbaceous peonies' nurse root.
But if you don't have any peony rootstock, or you have some cuttings left after grafting, or you just want some fun. You can try to keep them in wet sand, vermiculite, or peat moss. Some of them will grow some roots in a few weeks so you can plant them before winter.
Cover these cutting plants with soil during winter to prevent them from losing water, or plant them in pots and keep them in a safer place like your garage, if winter in your city is too cold. (low temperature lower than -5 C, or 23 F)
Don't expose these plants to direct strong sunlight next year, and you may get some new TPs with their own roots. It will grow very slowly in the first 2 or 3 years but you don't need to worry about the sucker. You may need to cut a few leaves before the first summer to have a balance between root and leaf.