Market News for Trane Technologies Plc (TT)
Trane Technologies (TT) is upgraded to buy as valuation resets to 28x forward earnings amid strengthening growth drivers. Commercial HVAC orders, especially in data centers, have sharply accelerated, with applied business orders up ~120% y/y and backlog reaching a record $7.8 billion. TT's growth outlook is resilient, supported by both hyperscale data center demand and stable institutional sectors like education and healthcare....
Seeking Alpha - 2/4/2026 10:05:12 AM
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SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, announced the Board of Directors has approved a 12% increase to the company's dividend, resulting in a quarterly dividend of $1.05 per ordinary share, or $4.20 per share annualized. The dividend is payable March 31, 2026, to shareholders of record on March 6, 2026. “Our purpose-driven strategy, disciplined execution and relentless investment in growth and innovation enables us to consistently deliver....
Business Wire - 2/4/2026 7:31:00 AM
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