Welcome to our dedicated page for Trane Technologies Plc news (Ticker: TT), a resource for investors and traders seeking the latest updates and insights on Trane Technologies Plc stock.
Trane Technologies plc (NYSE: TT) is frequently described in its public communications as a global climate innovator, and its news flow reflects that positioning. Company announcements highlight activities across heating, cooling and ventilation systems, transport refrigeration, sustainability initiatives, and advanced digital and AI-enabled climate solutions for buildings, homes and transportation.
Visitors to this news page can review press releases and updates where Trane Technologies discusses quarterly financial results, capital deployment and segment performance across its Americas, EMEA and Asia Pacific segments. These updates often describe trends in commercial HVAC, residential heating and cooling, and transport refrigeration systems and solutions, as well as bookings, revenues and margins.
News items also cover Trane Technologies’ sustainability and circularity efforts. The company has announced circularity impact metrics tied to generating revenue from circular products and services and increasing the use of circular materials, and it links these metrics to broader 2030 Sustainability Commitments, a pledge to reduce customer greenhouse gas emissions by one gigaton, and a pledge to be net-zero by 2050.
Another recurring theme in Trane Technologies’ news is its role in data center thermal management and digital innovation. Recent releases describe an agreement to acquire the Stellar Energy Digital business, a provider of turnkey liquid-to-chip data center cooling solutions, and the launch of a thermal management system reference design for NVIDIA Omniverse DSX Blueprint for gigawatt-scale AI data centers. The company has also reported on projects using BrainBox AI technology, acquired by Trane Technologies, to optimize HVAC systems and reduce energy use and emissions in collaboration with Amazon and AWS.
By following the TT news feed, readers can track how Trane Technologies communicates its financial performance, strategic acquisitions, climate and circularity initiatives, and partnerships in areas such as AI-enabled building optimization and data center cooling.
Trane Technologies (NYSE:TT) has announced its upcoming first quarter 2025 earnings conference call, scheduled for Wednesday, April 30, 2025, at 10 a.m. ET. The company will release its Q1 earnings report and presentation before the call, making them available on their website.
A live webcast of the conference call will be accessible through the investor relations section of www.tranetechnologies.com. For those unable to attend the live event, a replay will be available on the company's website starting at approximately 1 p.m. ET on the same day.
Trane Technologies (NYSE:TT) has announced its Board of Directors has declared a quarterly dividend of $0.94 per ordinary share, equivalent to $3.76 annualized. The dividend will be paid on June 30, 2025, to shareholders of record as of June 6, 2025.
The company highlights its long-standing commitment to shareholder returns, noting it has maintained consecutive quarterly cash dividends since 1919 and annual dividends since 1910.
Geotab and Thermo King (NYSE: TT) announced a strategic collaboration to integrate Thermo King's TracKing Pro telematics data into Geotab's platform, enhancing cold chain operations management in North America.
The integration provides fleet managers with near real-time visibility and control over temperature-dependent goods transportation through the MyGeotab platform. Key benefits include:
- Near real-time monitoring of cargo temperature and refrigeration unit performance
- Automated temperature alerts for critical events
- Two-way communication for remote setpoint adjustments
- Comprehensive fleet visibility
- Enhanced data accuracy through direct OEM integration
This collaboration aims to strengthen compliance, improve communication, and maintain the integrity of perishable goods such as food and pharmaceuticals during transit.
Trane Technologies (NYSE:TT) has been recognized on Ethisphere's 2025 World's Most Ethical Companies® list for the second consecutive year. The assessment is based on Ethisphere's Ethics Quotient®, evaluating over 240 proof points across ethics, compliance, governance, environmental and social impact, and value chain initiatives.
Dave Regnery, Chair and CEO, emphasized the company's commitment to maintaining high legal, moral, and ethical standards. The recognition follows several other recent accolades, including:
- Inclusion in the JUST 100 for the fourth consecutive year, ranking 6th overall
- Top spot in industry for the third consecutive year
- Listed in Fortune's World's Most Admired Companies for the 13th consecutive year
Team Air Distributing, a Kian Capital-backed wholesale distributor of HVAC equipment, has achieved significant expansion milestones and received its eighth Pinnacle Performance Award from Trane Technologies (NYSE: TT). The company launched three new branches in Northern Georgia and Metro Atlanta in January, with plans to open three more locations in June 2024.
The expansion will increase Team Air's presence to 14 branch locations, with an additional four planned for 2025, bringing the total to 18 branches plus its Nashville corporate facility. The company is also extending its Tennessee footprint with a new Tri-Cities branch opening in June. This growth follows Team Air's acquisition of Best Choice Supply and new Georgia territory rights from American Standard in fall 2024.
Notably, five of Team Air's territory managers were recognized among the top 10 sales representatives in the U.S. The company is actively seeking partnerships with founders in wholesale residential and commercial equipment, parts, and supplies sectors.
Trane Technologies (NYSE: TT), a global climate innovator, has announced its leadership team's upcoming participation in a fireside chat at the J.P. Morgan Industrials Conference. The presentation is scheduled for Tuesday, March 11, 2025, at 10:30 a.m. EST.
Investors and interested parties can access the live webcast through the investor relations section of the Trane Technologies website at www.tranetechnologies.com. The webcast recording will remain available for 30 days following the event.
Trane Technologies (NYSE: TT) has announced its participation in an upcoming fireside chat at the Barclays Industrial Select Conference. The company's leadership will present on Wednesday, February 19, 2025, at 9:50 a.m. EST.
Investors and interested parties can access the live webcast through the investor relations section of the Trane Technologies website. The presentation recording will remain available on the company's website for 30 days following the event.
Trane Technologies (NYSE: TT) has announced its participation in the upcoming Citi Global Industrial Tech and Mobility Conference. Company leadership will engage in a fireside chat scheduled for 10:30 a.m. EST on Tuesday, February 18, 2025.
The event will be accessible through a live webcast on the company's website at www.tranetechnologies.com in the investor relations section. Interested parties can access an archive of the webcast for 30 days after the event.
Trane Technologies (NYSE: TT) has announced the appointment of Matthew Pine, president and CEO of Xylem Inc. (NYSE: XYL), to its Board of Directors, effective April 1, 2025. Pine, who has served as Xylem's president and CEO since January 2024, brings over 25 years of experience in general management, sales, marketing, digital and product management.
Prior to his current role, Pine held positions as Xylem's Chief Operating Officer and Senior Vice President, leading the Applied Water and Measurement and Control Solutions segments. His experience includes leadership roles at United Technologies , Vestas Wind Systems, and Lennox International. Pine holds an MBA in finance from Northeastern University and a BA in marketing from the University of Alabama.
Trane Technologies (NYSE:TT) has announced a 12% increase in its quarterly dividend to $0.94 per ordinary share, equivalent to $3.76 per share annualized. The dividend will be paid on March 31, 2025, to shareholders of record as of March 7, 2025.
The company highlighted its strong financial performance, noting a free cash flow conversion of 108% of adjusted net earnings since its 2020 launch. The dividend has increased by more than 75% during this period. Trane Technologies has maintained an impressive dividend history, having paid consecutive quarterly dividends since 1919 and annual dividends since 1910.