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Investors interested in stocks from the Technology Services sector have probably already heard of Gen Digital (GEN) and Trane Technologies (TT). But which of these two stocks offers value investors a better bang for their buck right now?

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.

The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.

Zacks Premium includes access to the Zacks Style Scores as well.

What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.

Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.

The Style Scores are broken down into four categories:

Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.

Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.

VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.

How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.

#1 (Strong Buy) stocks have produced an unmatched +23.82% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.

With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.

That's where the Style Scores come in.

To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.

The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.

A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Trane Technologies (TT - Free Report) Founded in 1885 and headquartered in Swords, Ireland, Trane Technologies is a designer, manufacturer, seller and servicer of climate control products for HVAC and transport solutions. The company distributes its products through branch sales offices, dealers and distributors in the United States and through subsidiary sales and service companies in other parts of the world. Trane generated around 75% of its revenues from the United States and the rest from approximately 100 other countries. With no customer accounting for more than 10% of revenues, the company’s business does not suffer on account of any single customer or group of customers.

TT is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.

Momentum investors should take note of this Business Services stock. TT has a Momentum Style Score of A, and shares are up 7.9% over the past four weeks.

For fiscal 2026, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.07 to $15.32 per share. TT boasts an average earnings surprise of +2.1%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, TT should be on investors' short list.

Trex (NYSE:TREX – Get Free Report) and Trane Technologies (NYSE:TT – Get Free Report) are both industrials companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, dividends, risk, institutional ownership, valuation, profitability and analyst recommendations.

Insider and Institutional Ownership 96.0% of Trex shares are held by institutional investors. Comparatively, 83.0% of Trane Technologies shares are held by institutional investors. 0.9% of Trex shares are held by company insiders. Comparatively, 0.4% of Trane Technologies shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Analyst Recommendations This is a summary of current ratings for Trex and Trane Technologies, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Trex 2 8 13 0 2.48 Trane Technologies 0 4 14 2 2.90 Trex presently has a consensus target price of $50.48, suggesting a potential upside of 3.35%. Trane Technologies has a consensus target price of $539.42, suggesting a potential upside of 14.46%. Given Trane Technologies’ stronger consensus rating and higher probable upside, analysts plainly believe Trane Technologies is more favorable than Trex. Risk & Volatility Trex has a beta of 1.48, suggesting that its stock price is 48% more volatile than the S&P 500. Comparatively, Trane Technologies has a beta of 1.15, suggesting that its stock price is 15% more volatile than the S&P 500.

Valuation and Earnings This table compares Trex and Trane Technologies”s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Trex $1.21 billion 4.20 $190.41 million $1.68 29.07 Trane Technologies $21.32 billion 4.86 $2.92 billion $13.20 35.70 Trane Technologies has higher revenue and earnings than Trex. Trex is trading at a lower price-to-earnings ratio than Trane Technologies, indicating that it is currently the more affordable of the two stocks.

Profitability This table compares Trex and Trane Technologies’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets Trex 14.68% 18.03% 11.76% Trane Technologies 13.28% 35.72% 13.65% Summary Trane Technologies beats Trex on 11 of the 15 factors compared between the two stocks.

About Trex (Get Free Report)

Trex Company, Inc. manufactures and distributes composite decking, railing, and outdoor living products and accessories for residential and commercial markets in the United States. It offers decking products and accessories under the names Trex Transcend, Trex Select, Trex Signature, Trex Transcend Lineage, and Trex Enhance for protection against fading, staining, mold, and scratching; Trex Hideaway, a hidden fastening system; and Trex DeckLighting, a LED dimmable deck lighting for use on posts, floors, and steps. The company also provides Trex Transcend Railing products that are used in Trex decking products and other decking materials; Trex Select Railing products for a simple clean finished look; Trex Enhance Railing system; Trex Signature aluminum railing for a contemporary look; and Trex Select T-Rail railing products. In addition, it offers Trex Seclusions, a fencing product that includes structural posts, bottom and top rails, pickets, and decorative post caps. Further, the company acts as a licensor in various licensing agreements with third parties to manufacture and sell products under the Trex name, including Trex Outdoor Furniture; Trex RainEscape, an above joist deck drainage system; Trex Pergola, a cellular PVC product; Trex Latticeworks outdoor lattice boards; Trex Cornhole boards; Diablo Trex Blade, a saw blade for wood-alternative composite decking; Trex SpiralStairs and structural steel posts; and Trex Outdoor Kitchens, cabinetry, and Storage products. It sells its products through wholesale distributors, retail lumber dealers, and Home Depot and Lowe’s stores. Trex Company, Inc. was founded in 1996 and is headquartered in Winchester, Virginia.

(Get Free Report)

Trane Technologies plc, together with its subsidiaries, designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, custom, and custom and transport refrigeration in Ireland and internationally. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps, auxiliary power units; chillers; coils and condensers; gensets; dehumidifiers; ductless; furnaces; home automation products; humidifiers; indoor air quality assessments and related products; large and light commercial unitary products; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps. The company also provides building management, telematic, control, energy efficiency and infrastructure program, geothermal, thermal energy, thermostats, rate chambers, package heating and cooling, temporary heating and cooling, and unitary systems; bus, rail, and multi-pipe heating, ventilation, and air conditioning systems; and container, diesel-powered, truck, industrial, rail, self-powered truck, trailer, and vehicle-powered truck refrigeration and air filtration systems, as well as aftermarket and OEM parts and supplies. In addition, it offers energy and facility management, installation and performance contracting, repair and maintenance, and rental services. It markets and sells its products under the Trane and Thermo King brands through sales offices, distributors, and dealers; and through sales and service companies with a supporting chain of distributors. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. Trane Technologies plc was founded in 1885 and is headquartered in Swords, Ireland.

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SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, today announced it has entered into a definitive agreement to acquire Cancoil Thermal Corporation, a leading North American manufacturer of heat-transfer products. Founded in 1983 by Chander and Anju Datta and headquartered in Ontario, Canada, Cancoil is known for its engineering expertise, customer-focused approach and ability to design and manufacture products tailored to customer needs. The company's.

Earnings are arguably the most important single number on a company's quarterly financial report. Wall Street clearly dives into all of the other metrics and management's input, but the EPS figure helps cut through all the noise.

We know earnings results are vital, but how a company performs compared to bottom line expectations can be even more important when it comes to stock prices, especially in the near-term. This means that investors might want to take advantage of these earnings surprises.

Hunting for 'earnings whispers' or companies poised to beat their quarterly earnings estimates is a somewhat common practice. But that doesn't make it easy. One way that has been proven to work is by using the Zacks Earnings ESP tool.

The Zacks Earnings ESP, ExplainedThe Zacks Earnings ESP, or Expected Surprise Prediction, aims to find earnings surprises by focusing on the most recent analyst revisions. The basic premise is that if an analyst reevaluates their earnings estimate ahead of an earnings release, it means they likely have new information that could possibly be more accurate.

The core of the ESP model is comparing the Most Accurate Estimate to the Zacks Consensus Estimate, where the resulting percentage difference between the two equals the Expected Surprise Prediction. The Zacks Rank is also factored into the ESP metric to better help find companies that appear poised to top their next bottom-line consensus estimate, which will hopefully help lift the stock price.

In fact, when we combined a Zacks Rank #3 (Hold) or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time. Perhaps most importantly, using these parameters has helped produce 28.3% annual returns on average, according to our 10 year backtest.

Stocks with a ranking of #3 (Hold), or 60% of all stocks covered by the Zacks Rank, are expected to perform in-line with the broader market. Stocks with rankings of #2 (Buy) and #1 (Strong Buy), or the top 15% and top 5% of stocks, respectively, should outperform the market; Strong Buy stocks should outperform more than any other rank.

Should You Consider Trane Technologies?The final step today is to look at a stock that meets our ESP qualifications. Trane Technologies (TT - Free Report) earns a #3 (Hold) 14 days from its next quarterly earnings release on October 29, 2026, and its Most Accurate Estimate comes in at $4.75 a share.

TT has an Earnings ESP figure of +0.18%, which, as explained above, is calculated by taking the percentage difference between the $4.75 Most Accurate Estimate and the Zacks Consensus Estimate of $4.74. Trane Technologies is one of a large database of stocks with positive ESPs. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Find Stocks to Buy or Sell Before They're ReportedUse the Zacks Earnings ESP Filter to turn up stocks with the highest probability of positively, or negatively, surprising to buy or sell before they're reported for profitable earnings season trading. Check it out here >>

First Citizens Bank & Trust Co. lifted its position in shares of Trane Technologies plc (NYSE:TT – Free Report) by 178.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,265 shares of the company’s stock after purchasing an additional 4,015 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in Trane Technologies were worth $2,832,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. SEB Asset Management AB bought a new stake in Trane Technologies during the 1st quarter valued at approximately $47,195,000. Nicholson Wealth Management Group LLC bought a new position in shares of Trane Technologies in the 1st quarter worth approximately $1,644,000. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its position in shares of Trane Technologies by 54.4% in the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 99,153 shares of the company’s stock worth $41,321,000 after acquiring an additional 34,930 shares in the last quarter. Kestra Advisory Services LLC lifted its stake in shares of Trane Technologies by 14.2% in the 1st quarter. Kestra Advisory Services LLC now owns 26,934 shares of the company’s stock valued at $11,224,000 after purchasing an additional 3,348 shares during the period. Finally, KPP Advisory Services LLC purchased a new position in shares of Trane Technologies in the 1st quarter valued at approximately $855,000. 82.97% of the stock is currently owned by institutional investors.

Trane Technologies Price Performance
NYSE TT opened at $471.43 on Thursday. The company has a market capitalization of $103.72 billion, a PE ratio of 34.94, a price-to-earnings-growth ratio of 2.23 and a beta of 1.15. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.76 and a current ratio of 1.07. The business’s fifty day moving average is $455.38 and its 200 day moving average is $462.69. Trane Technologies plc has a fifty-two week low of $348.06 and a fifty-two week high of $505.87.

Trane Technologies (NYSE:TT – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $4.31 EPS for the quarter, beating the consensus estimate of $4.27 by $0.04. Trane Technologies had a net margin of 13.28% and a return on equity of 35.72%. The firm had revenue of $6.35 billion for the quarter, compared to the consensus estimate of $6.20 billion. During the same period last year, the firm earned $3.88 EPS. The company’s revenue was up 10.6% on a year-over-year basis. Trane Technologies has set its FY 2026 guidance at 15.200-15.300 EPS. Sell-side analysts predict that Trane Technologies plc will post 15.31 earnings per share for the current year.
Trane Technologies Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Friday, December 4th will be issued a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, December 4th. Trane Technologies’s dividend payout ratio is 31.82%.

Analysts Set New Price Targets
Several research analysts recently issued reports on TT shares. The Goldman Sachs Group upgraded shares of Trane Technologies from a “neutral” rating to a “buy” rating and increased their price target for the stock from $548.00 to $565.00 in a research note on Wednesday. JPMorgan Chase & Co. assumed coverage on shares of Trane Technologies in a research note on Friday, October 9th. They set an “overweight” rating and a $550.00 price objective on the stock. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Trane Technologies from $515.00 to $499.00 and set a “hold” rating on the stock in a report on Wednesday, September 30th. Royal Bank Of Canada raised their target price on shares of Trane Technologies from $496.00 to $502.00 and gave the company a “sector perform” rating in a research note on Wednesday. Finally, Citigroup lowered their target price on shares of Trane Technologies from $570.00 to $566.00 and set a “buy” rating for the company in a report on Friday, July 31st. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Trane Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $538.89.

Check Out Our Latest Report on Trane Technologies

Insider Buying and Selling at Trane Technologies
In other news, CEO David Regnery sold 48,091 shares of the firm’s stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $480.00, for a total transaction of $23,083,680.00. Following the completion of the transaction, the chief executive officer owned 96,951 shares in the company, valued at $46,536,480. This trade represents a 33.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is currently owned by insiders.

(Free Report)

Trane Technologies plc is a global climate solutions company that develops and provides systems, equipment, services and controls for heating, ventilation, air conditioning and refrigeration. Its solutions are used in commercial buildings, industrial facilities, residential properties, data centers, transportation and other applications where temperature control and energy efficiency are important.

The company operates through two primary areas: Climate Solutions, which includes building heating and cooling systems, building controls, services and energy-management solutions; and Climate Solutions Transport, which provides refrigeration systems for trucks, trailers, shipping containers and other transportation applications.

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Trane Technologies plc (NYSE:TT – Get Free Report) declared a quarterly dividend on Wednesday, October 7th. Investors of record on Friday, December 4th will be given a dividend of $1.05 per share on Thursday, December 31st. This represents a $4.20 annualized dividend and a yield of 0.9%. The ex-dividend date is Friday, December 4th.

Trane Technologies has decreased its dividend payment by an average of 0.3%annually over the last three years and has increased its dividend annually for the last 5 consecutive years. Trane Technologies has a payout ratio of 29.0% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Trane Technologies to earn $17.57 per share next year, which means the company should continue to be able to cover its $4.20 annual dividend with an expected future payout ratio of 23.9%.

Trane Technologies Stock Down 1.9% Shares of NYSE:TT opened at $467.16 on Thursday. The company has a quick ratio of 0.76, a current ratio of 1.07 and a debt-to-equity ratio of 0.45. Trane Technologies has a 52-week low of $348.06 and a 52-week high of $505.87. The company has a 50 day moving average of $454.27 and a two-hundred day moving average of $460.81. The company has a market capitalization of $102.78 billion, a price-to-earnings ratio of 35.39, a price-to-earnings-growth ratio of 2.22 and a beta of 1.15.

Trane Technologies (NYSE:TT – Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported $4.31 earnings per share for the quarter, beating the consensus estimate of $4.27 by $0.04. Trane Technologies had a net margin of 13.28% and a return on equity of 35.72%. The business had revenue of $6.35 billion during the quarter, compared to the consensus estimate of $6.20 billion. During the same period in the prior year, the firm earned $3.88 earnings per share. The business’s quarterly revenue was up 10.6% compared to the same quarter last year. Trane Technologies has set its FY 2026 guidance at 15.200-15.300 EPS. As a group, analysts forecast that Trane Technologies will post 15.3 earnings per share for the current fiscal year. (Get Free Report)

Trane Technologies plc is a global climate solutions company that develops and provides systems, equipment, services and controls for heating, ventilation, air conditioning and refrigeration. Its solutions are used in commercial buildings, industrial facilities, residential properties, data centers, transportation and other applications where temperature control and energy efficiency are important.

The company operates through two primary areas: Climate Solutions, which includes building heating and cooling systems, building controls, services and energy-management solutions; and Climate Solutions Transport, which provides refrigeration systems for trucks, trailers, shipping containers and other transportation applications.

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SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies October 2026 Quarterly Dividend.

Toronto, Ontario--(Newsfile Corp. - October 5, 2026) - Total Metals Corp. (TSXV: TT) (OTCQB: TTTMF) (FSE: O4N) ("Total Metals" or the "Company") is pleased to announce that it has executed a definitive agreement and submitted the initial deposit to Platinum Diamond Drilling Inc. ("Platinum Drilling"), a Centreport, MB-based drilling contractor. Under the terms of the agreement, Platinum Drilling will conduct a minimum 2,500 metre diamond drilling program at the Company's high-grade High Lake gold project, situated in Northwestern Ontario near the Manitoba/Ontario border and adjacent to the Trans-Canada Highway.

Trane Technologies (TT - Free Report) closed the most recent trading day at $458.94, moving +1.54% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.2%. Elsewhere, the Dow saw an upswing of 0.04%, while the tech-heavy Nasdaq appreciated by 0.04%.

Shares of the manufacturer have appreciated by 2.95% over the course of the past month, outperforming the Business Services sector's loss of 6.44%, and the S&P 500's loss of 0.35%.

The investment community will be closely monitoring the performance of Trane Technologies in its forthcoming earnings report. The company is expected to report EPS of $4.74, up 22.16% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $6.39 billion, up 11.32% from the year-ago period.

For the full year, the Zacks Consensus Estimates project earnings of $15.31 per share and a revenue of $23.66 billion, demonstrating changes of +17.23% and +10.97%, respectively, from the preceding year.

Investors might also notice recent changes to analyst estimates for Trane Technologies. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.37% higher. Trane Technologies is currently sporting a Zacks Rank of #3 (Hold).

Digging into valuation, Trane Technologies currently has a Forward P/E ratio of 29.53. Its industry sports an average Forward P/E of 15.89, so one might conclude that Trane Technologies is trading at a premium comparatively.

It's also important to note that TT currently trades at a PEG ratio of 2.16. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. TT's industry had an average PEG ratio of 1.17 as of yesterday's close.

The Technology Services industry is part of the Business Services sector. This industry, currently bearing a Zacks Industry Rank of 182, finds itself in the bottom 27% echelons of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.

Trane Technologies Introduces Residential Cold Climate Heat Pumps Built for Extreme Winter Performance Trane Technologies (NYSE: TT), a global climate innovator, today announced the launch of advanced residential cold climate heat pumps across its Trane® and American Standard® Heating & Air Conditioning brands: Trane’s 20 TruComfort™ Cold Climate Heat Pump with WeatherGuard™ and American Standard’s AccuComfort™ Platinum 20 Cold Climate Heat Pump with All Weather®.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261001869249/en/

Trane’s new cold climate heat pump showcases innovation designed to deliver reliable comfort and efficiency in extreme winter conditions.

The launch marks Trane Technologies’ first cold climate heat pumps engineered and manufactured for the residential market, a significant milestone that advances the transition to high-efficiency, all-electric and home comfort. Designed for harsh winter conditions, both systems maintain 100% heating capacity down to 5°F and continue operating in temperatures as low as -20°F, while delivering year-round heating and cooling. These systems are also designed to work in duel-fuel capacity for homes with furnaces.

The new cold climate heat pumps successfully surpassed the performance requirements of the U.S. Department of Energy's (DOE) Residential Cold Climate Heat Pump Technology Challenge, a rigorous, industry-wide initiative to accelerate the development of heat pumps capable of reliable performance in some of the coldest regions of the United States. The systems were further validated through nearly 18,000 hours of field testing in homes in Minnesota, Montana, New York, Pennsylvania, Wisconsin and Texas, with outdoor temperatures reaching as low as -21°F.

“This launch marks an important step in making residential electrification practical for more homeowners,” said Mark Majocha, President, Residential HVAC, Trane Technologies. “For years, extreme cold has been seen as the limit of what heat pumps could achieve. We are redefining that expectation with innovative heat pump systems designed to deliver the efficiency, intelligence and reliable performance homeowners need to confidently move toward all-electric comfort. We are proud to help expand access to more sustainable homes without compromising comfort or peace of mind.”

Engineered for Cold Climate Performance
Both Trane’s TruComfort™ and American Standard’s AccuComfort™ systems feature variable speed operation designed to deliver precise, reliable comfort and increased energy efficiency across a wide operating range, including:

Continuous heating operation from -20°F to 66°FCooling operation across a wide ambient range of 55°F to 115°FVariable speed compressor operation that continually adjusts in increments as fine as 0.1% for precise comfort deliveryAdvanced airflow algorithms delivering supply air temperatures up to 110°FReduced reliance on backup electric heatConnected, Intelligent Home Comfort
Both systems are designed for Link® communicating technology, enabling a fully communicating system that helps optimize performance, enhances homeowner control and integrates seamlessly with Trane and American Standard smart thermostats and indoor air quality solutions. Trane’s TruComfort™ and American Standard’s AccuComfort™ variable-speed technology continuously adjusts compressor speed to match the home's needs, supporting more precise temperature control, quieter operation and improved energy efficiency.

For dealers, integrated connectivity enables advanced remote diagnostics and improved system visibility. Both units are also zoning capable when paired with Link®-enabled indoor equipment.

Availability
Trane’s 20 TruComfort™ and American Standard’s AccuComfort™ Variable Speed Platinum 20 Cold Climate Heat Pumps are available this fall. The systems are backed by a limited warranty covering the compressor for up to 12 years and the outdoor coil and parts for up to 10 years with registration.

For more information, visit www.trane.com or www.americanstandardair.com.

About Trane Technologies
Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes and transportation. For more on Trane Technologies, visit tranetechnologies.com.

Forward Looking Statements
This news release includes “forward-looking statements” within the meaning of securities laws, which are statements that are not historical facts, including statements that relate to our residential cold climate heat pump product and service innovations and the anticipated benefits of these innovations. These forward-looking statements are based on our current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from our current expectations. Factors that could cause such differences can be found in our Form 10-K for the year ended December 31, 2025, as well as our subsequent reports on Form 10-Q and other SEC filings. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. We assume no obligation to update these forward-looking statements.

View source version on businesswire.com: https://www.businesswire.com/news/home/20261001869249/en/

Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.

Click for the complete disclosure

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.

The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.

Zacks Premium includes access to the Zacks Style Scores as well.

What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.

Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.

Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.

Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.

VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.

How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.

It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.8% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.

That's where the Style Scores come in.

To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.

The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.

A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Trane Technologies (TT - Free Report) Founded in 1885 and headquartered in Swords, Ireland, Trane Technologies is a designer, manufacturer, seller and servicer of climate control products for HVAC and transport solutions. The company distributes its products through branch sales offices, dealers and distributors in the United States and through subsidiary sales and service companies in other parts of the world. Trane generated around 75% of its revenues from the United States and the rest from approximately 100 other countries. With no customer accounting for more than 10% of revenues, the company’s business does not suffer on account of any single customer or group of customers.

TT is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.

Additionally, the company could be a top pick for growth investors. TT has a Growth Style Score of B, forecasting year-over-year earnings growth of 17.2% for the current fiscal year.

Three analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.20 to $15.31 per share. TT boasts an average earnings surprise of +2.1%.

With a solid Zacks Rank and top-tier Growth and VGM Style Scores, TT should be on investors' short list.

Configurable CDU platform helps simplify deployment and scale liquid cooling for next-generation AI infrastructure  | Source: LiquidStack

SWORDS, Ireland, Sept. 29, 2026 (GLOBE NEWSWIRE) -- Trane Technologies (NYSE: TT), a global climate innovator, today at Yotta 2026 announced the release of the LiquidStack™ CDU 2.X platform, an architecture-agnostic coolant distribution unit (CDU) designed to provide the cooling performance and deployment flexibility required for rapidly evolving AI infrastructure. The new platform helps reduce redesign risk and simplify deployment for data center operators and reflects Trane Technologies’ continued investment in advanced thermal management solutions for high-density data center environments.

As the GPU landscape continues to shift and accelerate, flexibility has become critical for both the short and long-term viability of AI, high-performance computing and hyperscale data centers. This new platform’s single CDU design solves for this need by supporting today’s industry-leading AI hardware and emerging solutions alike. With flow capability of up to 3750 lpm at 3.5 bar, CDU 2.X is designed to meet the cooling performance of today’s GPU platforms while providing available headroom for next-generation platforms as rack densities increase.

“Operators need cooling infrastructure that can adapt as GPU platforms and rack densities evolve,” said Scott Smith, General Manager of LiquidStack, Trane Technologies. “CDU 2.X combines the performance and flexibility customers need today with the headroom to prepare for what comes next, allowing them to configure cooling around their facility and deployment strategy rather than designing the facility around the CDU.”

Key features of the CDU 2.X include:

Broad architecture compatibility – designed to support multiple current and emerging AI silicon platforms from a common CDU architecture.Simplified deployment – an ultra-low-harmonics VFD architecture is designed to address harmonic distortion at the source, reducing the need for additional power-quality components and simplifying system architecture and deployment.Configured around your facility – flexible control valve, power-feed and redundancy options enable CDU 2.X to be configured around different facility and deployment architectures.Flexible distribution architecture – end-of-row and rack-adjacent deployment support provides operators with greater flexibility to address increasing rack densities and future architectures.Performance headroom for next-generation AI – designed to support next-generation GPU platforms, including NVIDIA Vera Rubin and beyond.Flexible power architecture – dual-feed A/B and automatic transfer switch options enable operators to configure CDU 2.X around different facility resiliency requirements.Designed for high-efficiency operation – lower approach temperatures and facility inlet temperatures up to 45°C support efficient liquid cooling system architectures.
The announcement comes on the heels of the commercial availability of the LiquidStack GigaModular™ CDU platform, now with an expanded 14 MW of capacity. Trane Technologies’ liquid cooling portfolio, including LiquidStack solutions, gives data center operators greater flexibility in how they deploy and scale next-generation liquid cooling infrastructure.

The LiquidStack CDU 2.X from Trane Technologies is available for pre-order now, with shipments beginning in the second quarter of 2027.

To learn more, visit https://liquidstack.com/coolant-distribution-unit-2x.

About LiquidStack 
LiquidStack™ — a Trane Technologies brand — is a global leader in advanced liquid cooling for scalable AI infrastructure, delivering future-ready cooling architectures designed for next-generation GPU platforms. Built to support hyperscale AI growth, LiquidStack solutions enable operators to deploy, scale, and optimize high-density AI infrastructure with confidence. Learn more at liquidstack.com.

About Trane Technologies
Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our environmentally responsible portfolio of products and services, we bring efficient and sustainable climate solutions to buildings, homes, and transportation. Learn more at tranetechnologies.com.

Forward Looking Statements

This news release includes “forward-looking statements” within the meaning of securities laws regarding our product and service innovations in coolant deployment systems for AI data centers, and the anticipated marketability and operational benefits of these innovations. These forward-looking statements are based on our current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from our current expectations. Factors that could cause such differences can be found in our Form 10-K for the year ended December 31, 2025, as well as our subsequent reports on Form 10-Q and other SEC filings. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. We assume no obligation to update these forward-looking statements.

Contact:

Doug De Orchis
Scratch Marketing & Media for LiquidStack
[email protected]

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Dataiku's New York flagship conference featured the launch of Agent Management, Cobuild’s expanded capabilities, and new research showing enterprises are losing oversight of their own AI agents

NEW YORK--(BUSINESS WIRE)--Enterprise leaders from Perdue Farms, Air Canada, Trane Technologies, Aviva, and other global companies gathered at Dataiku Succeed 2026 to share how they are putting governed AI to work across their businesses. AI and business leaders attended Dataiku’s flagship conference in New York, where customers showed how clear ownership, trusted data, and practical governance are helping them move AI from isolated initiatives into measurable business operations.

The customer stories reflected a common challenge: enterprises need to prove the value AI delivers, establish clear ownership over it, and move fast without losing sight of either. Across the day, leaders shared how they are building that operating discipline into their AI programs.

“At Succeed, customers showed what it takes to make AI deliver beyond a single use case — the hard part most enterprises get stuck on,” said Florian Douetteau, co-founder and CEO of Dataiku. “They are bringing business and technical teams together, building on trusted data, and creating the governance needed to run AI with confidence as it scales.”

Customer proof from the stage

Customers shared practical examples of how they are applying AI to real business problems:

Perdue Farms turned business experts into AI builders by giving employees access to those tools. Air Canada is using agentic AI to improve the effectiveness and efficiency of its marketing operations at scale. Trane Technologies has built governed self-service analytics that scale as its technology environment evolves, without rebuilding governance for each new tool. Aviva consolidated 20,000 documents across 3,000-plus audits into a single AI-powered chatbot, giving teams a faster way to access and use years of audit knowledge. Regeneron is converting paper manufacturing logs into a proactive intelligence platform designed to identify issues before they become downtime. Sonos is enabling non-technical customer experience teams to build their own AI agents, reducing reliance on engineering handoffs. GE Aerospace is building agents that capture decades of engineering judgment and make that expertise available across the organization. The conference also highlighted the growing management challenge behind this work. A new Dataiku study, Global AI Confessions Report: CIO Edition, 2026, conducted with The Harris Poll among 685 global CIOs, found that 84% of CIOs agree employees are creating AI agents and applications faster than IT can govern them. Seventy-five percent (75%) said they cannot consistently measure whether all their agents are delivering business outcomes.

At Succeed, Dataiku announced Agent Management, a new standalone product designed to help enterprises discover, monitor, and manage risk across AI agents, regardless of where they were built. Dataiku also expanded Cobuild, its natural-language agentic interface, with new capabilities including Cobuild Insights, Dataiku Headless, an expanded universal AI Catalog of vetted assets teams can build on, and Agent Management, now on Cobuild.

To watch Succeed 2026 sessions and learn more about the customer stories, visit: https://www.dataiku.com/succeed-nyc.

About Dataiku

Dataiku is the Platform for AI Success, the enterprise orchestration layer for building, deploying, and governing AI. In a single environment, teams design and operate analytics, machine learning, and AI agents with the transparency, collaboration, and control enterprises require. Sitting above data platforms, cloud infrastructure, enterprise applications, and AI services, Dataiku connects the full enterprise AI stack, enabling organizations to run AI across multi-vendor environments with centralized governance and oversight.

The world’s leading companies rely on Dataiku to operationalize AI and run it as a true business performance engine delivering measurable value. For more, visit the Dataiku blog, LinkedIn, X, and YouTube.

More News From Dataiku

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Trane Technologies plc (TT) Morgan Stanley's 14th Annual Laguna Conference September 15, 2026 1:45 PM EDT

Company Participants

David Regnery - Chairman of the Board & CEO
Christopher Kuehn - Executive VP & CFO

Conference Call Participants

Tobenna Okwara - Morgan Stanley, Research Division

Presentation

Tobenna Okwara
Morgan Stanley, Research Division

The 14th Annual Laguna Conference. To start off, for any important disclosures, please see the Morgan Stanley research disclosures website at morganstanley.com/researchdisclosures. And if you have any questions, please reach out to your Morgan Stanley representatives. We're happy to have Trane Technologies here with CEO, Dave Regnery; and CFO, Chris Kuehn.

Question-and-Answer Session

Tobenna Okwara
Morgan Stanley, Research Division

So to start off, I mean, service is about 1/3 of the business. It's been performing very well. I think this is going to be, what, the fifth straight year of double-digit growth. How long can you sustain this? And looking at the kind of lag it has versus equipment and how equipment has ramped over the past few years, what kind of opportunity do you see for some acceleration?

David Regnery
Chairman of the Board & CEO

Well, first of all, thanks, everyone, for coming today. Thanks for your interest in Trane Technologies. It's a great time to buy, so double down. I don't know what the news was today, but it's a great time to buy. Look, I always tell everyone that Trane Technologies is a great company for several different reasons, right? It's not one, it's many. And one of those reasons is the fact that our service business is so strong. And Toby, as you said, it's 1/3 of the company. It's had a double-digit growth rate since 2020, okay? And that includes COVID year. So just think about the durability and the resiliency of this business.

Key Takeaways Trane Technologies' backlog surged 70% in Q2 2026, with nearly $6 billion scheduled for 2027 and beyond.TT's 2026 revenue estimate is $23.7 billion, up 10.9%, while earnings are projected to rise 17.2%.Trane Technologies plans to deploy $2.8-$3.3 billion in 2026 and raise its annualized dividend by 12%. Trane Technologies plc (TT - Free Report) designs and manufactures climate control solutions. It is especially known for heating, ventilation, air conditioning (HVAC) and transport refrigeration systems. Consequently, if you haven’t taken advantage of the share price appreciation yet, it’s time to add the stock to your portfolio.

What Makes Trane Technologies an Attractive Pick?An Outperformer: The stock has registered impressive growth over the past year. Shares of TT have returned 10.8% against the 16% decline of the industry it belongs to.

1-Year Share Price Performance                                                                  Image Source: Zacks Investment Research

Strong Growth Prospects: For revenues, the Zacks Consensus Estimate is pegged at $23.7 billion for 2026, suggesting an increase of 10.9% year over year. The same for 2027 is expected to rise 9% year over year. The Zacks Consensus Estimate for TT’s fiscal 2026 earnings is pegged at $15.31, implying a 17.2% year-over-year upsurge. For 2027, the same is anticipated to register a 14.7% year-over-year increase.

                                                                  Image Source: Zacks Investment Research

Northward Estimate Revisions: Six estimates for 2026 and 2027 moved north in the past 60 days versus no southward revisions, reflecting analysts’ confidence in the company. The Zacks Consensus Estimate for 2026 earnings has moved up 2.8% in the past 60 days. For 2027, the same has moved up 3.4% in the past 60 days.

                                                                  Image Source: Zacks Investment Research

Positive Earnings Surprise History: Trane Technologies has a decent earnings surprise history. The company beat the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average earnings surprise of 2.1%.

Growth Factors: TT registered a 70% year-over-year upsurge in backlog during the second quarter of 2026 following 37% growth in organic bookings. Notably, nearly $6 billion of the backlog is scheduled for 2027 and thereafter, raising future revenue visibility. Americas Commercial HVAC skyrocketed 50% year over year, while applied bookings recorded a lofty jump of 130%, marking the fourth consecutive quarter of growth exceeding 100%.

Alongside Commercial HVAC, the company witnessed substantial improvement in residential HVAC business as well. Residential HVAC revenues moved up at a low-teens rate organically during the second quarter of 2026, pushing management to hike 2026 prospects to mid-single-digit growth.

Trane Technologies maintains financial flexibility that supports investment in capacity and innovation while returning capital to shareholders. The company expects to deploy $2.8-$3.3 billion in 2026, raise its annualized dividend by 12% to $4.2 per share and repurchase nearly $840 million in shares through the second quarter of 2026.

TT’s Zacks Rank & Other Stocks to ConsiderThe company currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Some other top-ranked stocks in the broader Zacks Business Services sector include CBIZ (CBZ - Free Report) and Coherent Corp. (COHR - Free Report) , each carrying a Zacks Rank #2 at present.

CBIZ has a long-term earnings growth expectation of 11.6%. CBZ delivered a trailing four-quarter earnings surprise of 8.9%, on average.

Coherent has a long-term earnings growth expectation of 52.5%. COHR delivered a trailing four-quarter earnings surprise of 6.2%, on average.

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE: TT) a global climate innovator, today announced that company leadership will participate in a fireside chat at the Morgan Stanley Laguna Conference. They will speak at 10:45 a.m. PST on Tuesday, September 15, 2026. The live webcast will be accessible on the Trane Technologies website at www.tranetechnologies.com under the investor relations section. An archive of the webcast will be available for 30 days following the event. About.

Key Takeaways Trane Technologies' bookings jumped 37% as backlog hit a record $12.1B, up roughly 70% year over year.TT trades at 27.24X forward earnings, above its sub-industry and five-year median.TT's Q2 adjusted margin fell 60 bps to 19.7%, while EMEA revenue dropped 4% and margin fell 420 bps. Trane Technologies plc (TT - Free Report) enters the second half of 2026 with strong demand signals. Record bookings, a much larger backlog and rising earnings expectations give the company substantial revenue visibility.

The counterweight is valuation. TT already trades above several benchmarks, while inflation, reinvestment and EMEA weakness are pressuring margins. That makes the investment case less about growth durability and more about the price investors are paying for it.

TT’s Backlog Supports a Strong Growth CaseSecond-quarter organic bookings increased 37%, while backlog reached a record $12.1 billion, up roughly 70% year over year. The enterprise book-to-bill ratio reached 123%, and every operating segment finished above 100%, meaning orders exceeded revenues across the portfolio.

Demand was especially strong in Americas Commercial HVAC, where bookings rose 50% and applied equipment orders increased 130%. The business ended the quarter with backlog up about 90%, while demand remained broad-based across data centers, schools, offices, warehouses and high-tech industrial projects.

Trane’s Earnings Outlook Keeps RisingAdjusted earnings increased 11.1% year over year to $4.31 per share in the second quarter. Revenues rose 10.6% to $6.35 billion, with both results exceeding the Zacks Consensus Estimate.

                                                                 Image Source: Zacks Investment Research

                                                                  Image Source: Zacks Investment Research

The Zacks Consensus Estimate for 2026 revenues is $23.57 billion, implying growth of about 10.5%. The EPS estimate for the current fiscal year has increased 2.8% over the past four weeks. Management also raised full-year adjusted continuing earnings guidance to $15.20-$15.30 per share.

TT’s Premium Multiple Raises the BarTT trades at 27.24X forward 12-month earnings. That compares with 21.22X for the Zacks sub-industry; it also trades above its five-year median multiple of 26.83X. Investors are therefore paying a premium not only to broader benchmarks but also to TT’s own longer-term valuation history, leaving less room for execution setbacks.

                                                                 Image Source: Zacks Investment Research

Trane Faces Margin Pressure and EMEA RiskSecond-quarter adjusted operating margin declined 60 basis points (bps) year over year to 19.7% despite 9% organic revenue growth. Inflation and elevated business reinvestment outweighed the benefit of volume growth and positive pricing, and management expects price versus total inflation to remain unfavorable in the second half.

EMEA adds another layer of risk. Organic revenues fell 4% and adjusted operating margin declined 420 basis points to 13.1%. Management expects the Middle East conflict to reduce second-half revenue by about $100 million and operating income by about $30 million. Carrier Global Corporation (CARR - Free Report) is another global provider of intelligent climate and energy solutions, making it a relevant HVAC comparison. Johnson Controls International plc (JCI - Free Report) sells commercial HVAC equipment, controls and building-management systems, adding another competitive reference point for Trane’s commercial building business.

TT’s Growth and Momentum Scores Support PatienceTT’s growth case remains strong, but the premium multiple and margin pressures make patience reasonable at current levels. The company has substantial backlog visibility and improving estimates, yet the valuation already prices in a meaningful degree of optimism.

The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

It also has a Growth Score of B, Momentum Score of A, Value Score of D and VGM Score of B. The growth and momentum grades are favorable, while the weaker Value Score captures the valuation trade-off. The Zacks Rank points to a more measured stance rather than a fresh buy signal.

Key Takeaways Trane Technologies shares rose 10.9% Y/Y, while 2026 earnings are projected to increase 16.8%. Eaton collaboration could lift TT's AI data center position with up to 15% better energy efficiency. TT invested $348 million in R&D, launched 110 new products and continued dividends $ share repurchases. Shares of Trane Technologies plc (TT - Free Report) have had an impressive run over the past year. The stock has risen 10.9% compared with the industry's 1% growth. The Zacks S&P 500 composite rose 23% during the said time frame.

The company’s third-quarter 2026 earnings are expected to increase 20.9% year over year. Earnings for 2026 and 2027 are projected to rise 16.8% and 14.16% year over year, respectively. Revenues are expected to increase 10.54% in fiscal 2026 and 8.7% in fiscal 2027.

Image Source: Zacks Investment Research

Factors Favoring TTTT’s collaboration with Eaton is a positive development that could strengthen its position in the rapidly expanding artificial intelligence (AI) data center market. The integrated power and cooling reference design is expected to improve energy efficiency by up to 15%, reduce installation costs by up to 30% and cut copper use by up to 80%. These benefits could potentially driving demand for Trane Technologies’ thermal management solutions as AI infrastructure investment accelerates.

Trane Technologies’ commitment toward sustainability is commendable, supported by its strong focus on an inclusive and supportive workplace culture. Its recognition by Forbes, Great Place to Work and Disability:IN highlights its efforts to promote diversity, employee development and inclusion, which could aid talent retention, strengthen employee engagement and support long-term innovation and business growth.

Moreover, Trane Technologies’ 2025 sustainability progress underscores the strength of its climate-focused growth strategy, with significant reductions in operational emissions, increased renewable energy use and rising demand for circular products. The company’s $348 million R&D investment and launch of 110 new products further support innovation, while its sustainability initiatives could strengthen customer relationships, improve operational efficiency and create long-term growth opportunities.

The company has demonstrated a strong commitment to its shareholders through consistent dividend payments and share repurchases, despite the fluctuations in its cash position. TT paid dividends of $683.7 million, $757.5 million and $837.3 million, while repurchasing shares worth $669.3 million, $1.3 billion and $1.5 billion in 2023, 2024 and 2025, respectively. This consistency underscores its dedication to creating long-term value for investors. In the second quarter of 2026, TT declared a quarterly dividend of $1.05 per share. The payout has increased more than 98% since March 2020.

TT had a current ratio (a measure of liquidity) of 1.1 in the first quarter of 2026, which improved marginally from the preceding quarter's 1.09 due to an increase in cash reserves. A current ratio above 1 enables the company to pay off short-term obligations efficiently.

Key Risks to WatchTrane Technologies  operates in a highly competitive environment, while continued geopolitical uncertainty and trade tensions are adding to the broader macroeconomic challenges. Rising geopolitical risks can disrupt global supply chains, increase input and operating costs, and create uncertainty around customer investment decisions. Such volatility, coupled with uneven economic growth and changing trade policies, could pressure demand, margins and overall business prospects.

Trane Technologies currently carries a Zacks Rank #3 (Hold).

Stocks to ConsiderA couple of better-ranked stocks in the broader Business Services sector are Healthcare Services Group (HCSG - Free Report) and Thomson Reuters (TRI - Free Report) .

Healthcare Services sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

HCSG has an encouraging earnings surprise history, surpassing the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 57.25%.

Thomson Reuters also carries a Zacks Rank #2 (Buy) at present. It has an encouraging earnings surprise history, surpassing the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 2.67%.

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.

The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.

It also includes access to the Zacks Style Scores.

What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.

Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.

The Style Scores are broken down into four categories:

Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.

Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.

VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.

It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.

That's where the Style Scores come in.

To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.

The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.

A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Trane Technologies (TT - Free Report) Founded in 1885 and headquartered in Swords, Ireland, Trane Technologies is a designer, manufacturer, seller and servicer of climate control products for HVAC and transport solutions. The company distributes its products through branch sales offices, dealers and distributors in the United States and through subsidiary sales and service companies in other parts of the world. Trane generated around 81% of its revenues from the United States and the rest from more than 100 other countries. With no customer accounting for more than 10% of revenues, the company’s business does not suffer on account of any single customer of group of customers.

TT is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.

Additionally, the company could be a top pick for growth investors. TT has a Growth Style Score of B, forecasting year-over-year earnings growth of 16.8% for the current fiscal year.

For fiscal 2026, five analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.37 to $15.25 per share. TT boasts an average earnings surprise of +2.1%.

With a solid Zacks Rank and top-tier Growth and VGM Style Scores, TT should be on investors' short list.

The Toro Company: A Baby Bull Market Is Gaining TractionTrane Technologies NYSE: TT raised its full-year revenue and earnings outlook after reporting second-quarter growth in bookings, revenue and adjusted earnings per share, supported by demand in commercial HVAC, services and residential markets.

Chair and CEO Dave Regnery said enterprise organic bookings rose 37% in the quarter, driving a record backlog of $12.1 billion, up 70% from a year earlier. Organic revenue increased 9%, while adjusted EPS grew 11%.

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Dividends Are Rising: 3 Foreign Stocks Boosting PayoutsThe company now expects full-year organic revenue growth of approximately 9% and adjusted EPS of $15.20 to $15.30. For the third quarter, Trane expects approximately 10% organic revenue growth and adjusted EPS of about $4.70.

Commercial HVAC Bookings Drive Record Backlog Commercial HVAC was the primary source of strength, particularly in the Americas. Regnery said Americas commercial HVAC bookings rose 50% year over year to an all-time high, while organic revenue increased by the low teens. Applied bookings rose 130%, marking the fourth consecutive quarter in which applied bookings exceeded 100% growth. On a two-year stacked basis, applied bookings have increased more than fourfold, he said.

3 Under-the-Radar Oil Stocks to Keep Your Eye OnAbout 90% of the company’s backlog is in commercial HVAC, according to Regnery. Approximately $6 billion of backlog is scheduled for 2027 and beyond, providing visibility beyond the current year.

Applied revenue grew more than 40% in the second quarter, and the company expects that growth rate to continue in the second half based on its current guidance, Regnery said. He added that Trane does not expect to turn away orders because of capacity limitations, citing a fourfold expansion of applied capacity during the past three years, along with continuing lean initiatives, brick-and-mortar investments and acquisitions.

Chief Operating Officer Donny Simmons said the company booked four orders greater than $100 million during the quarter, including one at Stellar Energy. Trane acquired Stellar, a provider of modular chiller plants, and expects the business to generate approximately $500 million of revenue in 2026 from the backlog it brought into the company.

Regnery said Stellar is currently focused almost entirely on data centers but has applications in other verticals. While the company previously expected the acquisition to be modestly accretive to EPS this year, he said Trane now expects it to be flat for EPS in 2026 as it pulls forward investments to implement its operating system and support future growth.

Data Center Demand Broadens, With Focus on Thermal Management Management said data center demand remains important but emphasized that commercial HVAC growth was broad-based. Regnery said Trane tracks 14 verticals in the Americas, all of which posted booking growth of more than 20% during the quarter. On a year-to-date basis, 11 of the 14 verticals recorded order growth, with most of those increasing at double-digit rates.

The company is working with hyperscale and colocation customers on data center designs, including the full thermal-management system rather than only chillers, Simmons said. This can include chillers, air handlers and coolant distribution units, or CDUs.

Regnery said the market is increasingly weighted toward air-cooled systems and closed-loop designs, rather than evaporative cooling. He said Trane’s liquid cooling business is performing, that the LiquidStack acquisition is exceeding expectations, and that its pipeline is strong. The company did not provide a detailed breakout of CDU backlog or revenue.

Management acknowledged that construction schedules can shift as data center operators deal with site and power-connection requirements. Still, Simmons said the company has confidence in its backlog and incorporates an allowance for normal project “leakage” or breakage into its guidance.

Regional Trends and Margin Outlook In EMEA, the Middle East conflict pressured results. CFO Chris Kuehn said the Middle East represents less than 3% of enterprise revenue but nearly 15% of the EMEA segment. Excluding the Middle East, EMEA bookings grew by the mid-teens and revenue was up by the low single digits, he said.

Revenue in the Middle East was down about 30% in the second quarter, and Trane expects a similar decline in the second half. The company took cost actions at the end of June, including rightsizing positions and infrastructure. Kuehn said those actions should move the expected second-half deleverage into gross margins rather than above gross margins.

Asia-Pacific produced bookings growth of 31% and organic revenue growth of 10% during the quarter. Regnery said China remains dynamic, while the rest of Asia is growing. The company is increasing channel investments in markets including India, Malaysia and Thailand.

Trane expects margins to strengthen in the second half. Kuehn said the company expects roughly 50 basis points of year-over-year margin expansion in the third quarter and more than a point of expansion in the fourth quarter, led primarily by the Americas. EMEA margins are expected to remain under pressure because of the Middle East revenue decline.

The company said it is investing in capacity, innovation and operational excellence, which affected near-term leverage but is intended to support longer-term growth. Kuehn said price versus inflation was a headwind in the second quarter and is expected to remain a smaller headwind through the rest of the year.

Residential, Transport and Capital Allocation Residential bookings increased by the high 20s and organic revenue grew by the low teens in the quarter, exceeding management’s expectations. Kuehn said year-to-date sell-in was approximately equal to sell-through, and inventory at independent wholesale distributors was at an appropriate level at quarter-end.

Regnery said the residential business is primarily focused on replacement demand, with residential new construction representing a share in the teens as a percentage of the business. Trane now expects residential revenue to grow by the mid-single digits for the full year after previously anticipating a potentially flat market.

For Thermo King transport refrigeration, management expects market fundamentals to improve in late 2026 and support a multiyear recovery. Regnery cited sustained high rejection rates, improving spot-to-contract spreads and utilization rates that have trended positively for 10 months.

Trane reiterated a planned 2026 capital deployment range of $2.8 billion to $3.3 billion. The company increased its annualized dividend by 12% earlier this year to $4.20 per share and repurchased approximately $840 million of stock year to date. About $3.8 billion remains under its repurchase authorization.

Management expects capital expenditures to equal 2% to 3% of revenue in 2026, supporting capacity expansion and other investments.

About Trane Technologies (NYSE:TT)Trane Technologies NYSE: TT is a global climate solutions company focused on heating, ventilation and air conditioning (HVAC) and transport refrigeration systems. The company develops, manufactures and sells a broad range of climate-control products under well-known brands, including commercial and residential HVAC equipment, building management systems and controls, and transport refrigeration units. Its product portfolio spans rooftop and packaged units, chillers, furnaces, air handlers, compressors, and related components designed for commercial buildings, industrial facilities, residences and transportation applications.

In addition to equipment, Trane Technologies provides lifecycle services that include installation, maintenance, parts, retrofit and aftermarket support, as well as digital and controls solutions for building performance and energy management.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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Key Takeaways Trane Technologies topped Q2 estimates as revenues rose 10.6% and adjusted earnings increased 11.1% y/y.TT's organic bookings gained 37%, while backlog hit a record $12.1 billion, up roughly 70% y/y.Trane Technologies raised 2026 revenue and earnings guidance on record backlog and demand momentum. Trane Technologies plc (TT - Free Report) reported impressive second-quarter 2026 results, with both earnings and revenues beating the Zacks Consensus Estimate.

TT’s adjusted earnings of $4.31 per share topped the Zacks Consensus Estimate by 0.9% and increased 11.1% from the year-ago quarter’s level. Revenues of $6.35 billion surpassed the consensus estimate by 2.9% and rose 10.6% year over year.

The results benefited from strong commercial HVAC demand and solid execution. Organic bookings increased 37%, while backlog reached a record $12.1 billion, up roughly 70% year over year and providing substantial visibility into future growth.

TT’s shares have risen 2% over the past year against the industry’s 6% decline. The Zacks S&P 500 composite has risen 17.9% over the same time frame.

TT Benefits From Exceptional Demand MomentumReported bookings climbed 39% to $7.82 billion, while the enterprise book-to-bill ratio was 123%. Each operating segment posted a ratio above 100%, indicating that new orders exceeded revenues during the quarter.

Americas Commercial HVAC was the primary growth engine. Bookings advanced 50%, including a 130% increase in applied equipment orders. Demand remained broad-based across data centers, schools, offices, warehouses and high-tech industrial projects. The business exited the quarter with backlog up about 90%.

Global applied bookings nearly doubled, while services continued to account for roughly one-third of total revenues. Services revenues have achieved a low-teens compound annual growth rate since 2020, strengthening the company’s recurring and higher-value revenue base.

Trane Technologies Posts Broad Revenue GrowthOrganic revenues rose 9%, reflecting high-single-digit equipment growth and continued strength in services. Volume gains and positive pricing supported the top line, although inflation and elevated reinvestment limited profit conversion.

Americas revenues increased 12% to $5.27 billion and advanced 11% organically. Commercial HVAC revenues grew in the low teens, led by applied solutions, which increased more than 40%. Residential HVAC revenues also rose in the low teens, while transport revenues declined by low double digits as expected.

The company raised its 2026 residential revenue outlook to mid-single-digit growth following strong first-half performance and healthy channel inventories. Transport demand is expected to recover later in 2026, with healthier growth anticipated in the fourth quarter.

TT's Profit Growth Comes With Margin PressureAdjusted operating income increased 7% to $1.25 billion. However, the adjusted operating margin contracted 60 basis points to 19.7%, as inflation and increased investments more than offset volume growth and pricing.

Adjusted EBITDA rose 7% to $1.34 billion, while the related margin declined 70 basis points to 21.1%. The company continued investing in production capacity, product innovation, factory automation and operational excellence to support its expanding backlog.

GAAP operating income increased 5% to $1.22 billion, but the GAAP operating margin fell 100 basis points to 19.3%. GAAP continuing earnings were $4.20 per share, up 9% from the prior-year quarter.

Trane Technologies Sees Mixed Regional ResultsAmericas adjusted operating income increased 11% to $1.17 billion. The adjusted operating margin declined 30 basis points to 22.1%, primarily reflecting accelerated business investments intended to support future growth.

EMEA revenues fell 1% to $697.6 million and declined 4% organically. Adjusted operating income decreased 26% to $91.4 million, while the margin contracted 420 basis points to 13.1%. Conflict in the Middle East reduced operating income by approximately $30 million, prompting cost actions late in the quarter.

Asia Pacific revenues increased 11% to $384.6 million and rose 10% organically. Organic bookings jumped 31%, supported by strong demand outside China. Adjusted operating income increased 8% to $80.8 million, though channel investments contributed to a 60-basis-point margin decline.

TT Generates Robust Free Cash FlowCash from continuing operating activities reached $1.73 billion in the first six months of 2026, up from $1.04 billion a year earlier. Free cash flow nearly doubled to $1.60 billion from $841.4 million, aided by improved working capital management.

Trane Technologies ended June with $1.32 billion in cash and $4.62 billion in debt. Through July, it deployed or committed approximately $1.9 billion, including $690 million for dividends, $340 million for acquisitions and investments, and $840 million for share repurchases.

The company remains on track to deploy $2.8-$3.3 billion of capital in 2026. Capital expenditures are expected to equal 2-3% of revenues as management expands capacity and supports innovation initiatives.

Trane Technologies Raises Its 2026 GuidanceManagement now expects full-year reported revenue growth of approximately 11.5%, up from the prior projection of 9.5%. Organic revenue growth is forecast at roughly 9% compared with the earlier expectation of about 7%.

Adjusted continuing earnings guidance increased to $15.20-$15.30 per share from $14.75-$14.95. The Zacks Consensus Estimate for the same is pegged at $14.89 per share.

The company expects third-quarter organic revenue growth of approximately 10% and adjusted earnings of about $4.70 per share.

The raised outlook reflects record backlog, accelerating Commercial HVAC revenues and improving residential and transport trends. Management expects second-half organic revenue growth of approximately 11.5%, with adjusted earnings growth of about 23.5% at the guidance midpoint.

Trane Technologies currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Recent Earnings Snapshots

WEX Inc. (WEX - Free Report) reported better-than-expected second-quarter 2026 results. WEX’s adjusted earnings of $5.35 per share outpaced the Zacks Consensus Estimate by 5.3% and increased 35.4% from the year-ago quarter. WEX’s revenues of $753.5 million topped the consensus estimate by 1.8% and improved 14.2% year over year.

Waste Connections, Inc. (WCN - Free Report) posted impressive second-quarter 2026 results. WCN’s adjusted earnings of $1.50 per share outpaced the consensus mark by 11.1% and rose 16.3% from the year-ago quarter. WCN’s total revenues of $2.56 billion surpassed the consensus mark by 1.1% and increased 6.4% year over year.

Trane Technologies (TT - Free Report) came out with quarterly earnings of $4.31 per share, beating the Zacks Consensus Estimate of $4.27 per share. This compares to earnings of $3.88 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +0.94%. A quarter ago, it was expected that this manufacturer would post earnings of $2.53 per share when it actually produced earnings of $2.63, delivering a surprise of +3.95%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Trane Technologies, which belongs to the Zacks Technology Services industry, posted revenues of $6.35 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.86%. This compares to year-ago revenues of $5.75 billion. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Trane Technologies shares have added about 14.8% since the beginning of the year versus the S&P 500's gain of 6.9%.

What's Next for Trane Technologies?While Trane Technologies has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Trane Technologies was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $4.55 on $6.33 billion in revenues for the coming quarter and $14.89 on $23.24 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Technology Services is currently in the bottom 39% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the same industry, Zeta Global Holdings (ZETA - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 4.

This cloud-based marketing technology company is expected to post quarterly earnings of $0.20 per share in its upcoming report, which represents a year-over-year change of +42.9%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Zeta Global Holdings' revenues are expected to be $420.25 million, up 36.3% from the year-ago quarter.

Key Takeaways Trane Technologies is expected to report Q2 2026 results on July 30 before the opening bell.TT's Q2 revenues are expected to rise on strong Americas HVAC demand and the Stellar Energy acquisition.TT has a 0.64% Earnings ESP and a Zacks Rank #3, signaling potential for an earnings beat. Trane Technologies plc (TT - Free Report) is set to report second-quarter 2026 earnings on July 30, before the opening bell.

The company’s earnings surprise history has been impressive. It surpassed the Zacks Consensus Estimate in each of the trailing four quarters, delivering an earnings surprise of 2.7%, on average. 

Q2 Expectations for TTThe Zacks Consensus Estimate for revenues in the to-be-reported quarter is pegged at $6.18 billion, indicating a rise of 7.5% from the year-ago quarter's reported figure.

The Zacks Consensus Estimate for America's revenues is pegged at $5.21 billion, indicating an 11.1% increase from the year-ago figure. The consensus mark for revenues from the EMEA is pegged at $686.7 million, indicating a 3% year-over-year decline. For Asia Pacific, the consensus mark is pegged at $354.21 million, indicating a 2.3% increase from the year-ago figure.

Robust demand for innovative products and services across data centers, higher education, healthcare and government markets in the Commercial Heating, Ventilation, and Air Conditioning (HVAC) segment, especially in the Americas, is expected to have boosted the company’s top line in the June-end quarter of 2026. The recent acquisition of Stellar Energy, a provider of modular data center cooling solutions, is anticipated to have strengthened Trane Technologies' position in the fast-growing data center market.

The consensus estimate for earnings is pegged at $4.27 per share, implying year-over-year growth of 10.1%. We expect optimized operational execution, robust bookings and backlogs to have benefited the bottom line in the quarter.

What Our Model Says About TTOur proven model predicts an earnings beat for Trane Technologies this time around. A positive Earnings ESP combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.

Trane Technologies currently has an Earnings ESP of +0.64% and carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.

Other Stocks to ConsiderHere are a few stocks from the broader Business Services sector, which, according to our model, also have the right combination of elements to beat on earnings this season.

Visa Inc. (V - Free Report) has an Earnings ESP of +0.12% and a Zacks Rank of 3. The company is scheduled to report its third-quarter fiscal 2026 results on July 28.

The Zacks Consensus Estimate for Visa’s third-quarter fiscal 2026 revenues is pegged at $11.37 billion, indicating year-over-year growth of 11.8%. For earnings, the consensus mark is pegged at $3.23 per share, implying an 8.4% increase from the year-ago quarter’s actual.

V beat the consensus estimate in each of the trailing four quarters, with the average earnings surprise being 3.2%.

TransUnion (TRU - Free Report) has an Earnings ESP of +0.73% and a Zacks Rank of 3. The company is scheduled to declare its second-quarter 2026 results on July 28.

The Zacks Consensus Estimate for TRU’s second-quarter 2026 revenues is pegged at $1.29 billion, indicating 13% year-over-year growth. The consensus estimate for earnings is pegged at $1.14 per share, implying a year-over-year increase of 5.6%.

TRU also surpassed the consensus estimate in each of the trailing four quarters, delivering an average earnings surprise of 6.3%.

Posted by Defense World Staff on Jul 25th, 2026

Aristotle Capital Management LLC lowered its stake in shares of Trane Technologies plc (NYSE:TT – Free Report) by 26.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 245,555 shares of the company’s stock after selling 88,000 shares during the period. Aristotle Capital Management LLC owned approximately 0.11% of Trane Technologies worth $102,333,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bell Investment Advisors Inc raised its holdings in Trane Technologies by 12.2% in the first quarter. Bell Investment Advisors Inc now owns 203 shares of the company’s stock valued at $85,000 after buying an additional 22 shares during the period. Fiduciary Family Office LLC raised its position in Trane Technologies by 1.5% in the fourth quarter. Fiduciary Family Office LLC now owns 1,573 shares of the company’s stock valued at $612,000 after purchasing an additional 23 shares during the period. Foster Dykema Cabot & Partners LLC lifted its stake in shares of Trane Technologies by 10.6% during the fourth quarter. Foster Dykema Cabot & Partners LLC now owns 239 shares of the company’s stock worth $93,000 after purchasing an additional 23 shares in the last quarter. Bridges Investment Management Inc. boosted its position in shares of Trane Technologies by 1.6% in the fourth quarter. Bridges Investment Management Inc. now owns 1,542 shares of the company’s stock worth $600,000 after buying an additional 24 shares during the period. Finally, Cornerstone Planning Group LLC grew its stake in shares of Trane Technologies by 14.5% in the first quarter. Cornerstone Planning Group LLC now owns 190 shares of the company’s stock valued at $79,000 after buying an additional 24 shares in the last quarter. Institutional investors and hedge funds own 82.97% of the company’s stock.

Insider Activity at Trane Technologies In other Trane Technologies news, insider Donald E. Simmons sold 4,593 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $500.00, for a total value of $2,296,500.00. Following the sale, the insider owned 3,819 shares in the company, valued at approximately $1,909,500. This trade represents a 54.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.43% of the company’s stock.

Trane Technologies Price Performance Shares of NYSE TT opened at $481.09 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.10 and a quick ratio of 0.77. The firm has a market capitalization of $106.35 billion, a PE ratio of 37.21, a P/E/G ratio of 2.21 and a beta of 1.19. Trane Technologies plc has a 1-year low of $348.06 and a 1-year high of $505.87. The business’s fifty day moving average price is $470.13 and its two-hundred day moving average price is $449.87.

Trane Technologies (NYSE:TT – Get Free Report) last announced its quarterly earnings results on Friday, May 1st. The company reported $2.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.53 by $0.10. Trane Technologies had a net margin of 13.41% and a return on equity of 35.55%. The company had revenue of $4.97 billion during the quarter, compared to the consensus estimate of $4.81 billion. During the same quarter in the previous year, the company posted $2.45 earnings per share. The company’s revenue for the quarter was up 6.0% compared to the same quarter last year. On average, research analysts expect that Trane Technologies plc will post 14.89 EPS for the current year.

Trane Technologies Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, September 4th will be given a $1.05 dividend. The ex-dividend date is Friday, September 4th. This represents a $4.20 annualized dividend and a yield of 0.9%. Trane Technologies’s dividend payout ratio is 32.48%.

Analyst Ratings Changes Several equities analysts recently commented on the company. Evercore assumed coverage on Trane Technologies in a research report on Monday, April 13th. They set an “outperform” rating and a $535.00 price target on the stock. Citigroup lifted their price objective on shares of Trane Technologies from $525.00 to $570.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Barclays upped their target price on shares of Trane Technologies from $507.00 to $585.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. JPMorgan Chase & Co. raised their price target on shares of Trane Technologies from $460.00 to $476.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. Finally, Royal Bank Of Canada raised their target price on Trane Technologies from $440.00 to $501.00 and gave the company a “sector perform” rating in a research note on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $516.67.

View Our Latest Analysis on Trane Technologies

About Trane Technologies (Free Report)

Trane Technologies (NYSE: TT) is a global climate solutions company focused on heating, ventilation and air conditioning (HVAC) and transport refrigeration systems. The company develops, manufactures and sells a broad range of climate-control products under well-known brands, including commercial and residential HVAC equipment, building management systems and controls, and transport refrigeration units. Its product portfolio spans rooftop and packaged units, chillers, furnaces, air handlers, compressors, and related components designed for commercial buildings, industrial facilities, residences and transportation applications.

In addition to equipment, Trane Technologies provides lifecycle services that include installation, maintenance, parts, retrofit and aftermarket support, as well as digital and controls solutions for building performance and energy management.

Further Reading Five stocks we like better than Trane Technologies AMD and Cerbras Create A New Blueprint For Hardware Intel Earnings Reveal Whether the Chip Selloff Created a Buy CrowdStrike’s Cerebras Deal Puts Its AI Security Strategy to the Test Plugging In: How Kinder Morgan Powers Up Profits Want to see what other hedge funds are holding TT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Trane Technologies plc (NYSE:TT – Free Report).

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