Trane Technologies Plc Stock Price, News & Analysis

Trane Technologies (NYSE:TT) has announced a quarterly dividend of $0.94 per ordinary share, equivalent to $3.76 annually. The dividend will be paid on September 30, 2025, to shareholders of record as of September 5, 2025. The company has demonstrated strong dividend growth, increasing its quarterly payout by 77% since March 2020. Notably, Trane Technologies maintains an impressive dividend history, having consistently paid quarterly dividends since 1919 and annual dividends since 1910, showcasing over a century of commitment to shareholder returns.

Trane Technologies (NYSE:TT) has been named to The Civic 50, a prestigious list recognizing the most community-minded companies in the United States. The company's corporate citizenship strategy, Sustainable Futures, focuses on STEM education and career pathways, with a commitment to invest $100 million and 500,000 volunteer hours in communities from 2020 to 2030. In 2024, over 1,000 employees participated in a Global Time of Service event, contributing approximately 3,200 volunteer hours. The recognition by Points of Light acknowledges Trane Technologies' integration of social impact and community engagement into their core business operations, highlighting their commitment to creating a sustainable future for industry and the planet.

Trane Technologies (NYSE: TT) has released its 2024 Sustainability Report, highlighting significant progress in reducing carbon emissions and energy use. The company has reduced customer carbon emissions by 237 million metric tons since 2019, progressing toward its Gigaton Challenge goal of reducing one billion metric tons by 2030. Key achievements include a 44% reduction in operational emissions, 68% renewable energy usage, and the launch of 190 new products with lower global warming potential refrigerants. The company maintained strong financial performance with a fourth consecutive year of >20% adjusted EPS growth. Notable sustainability milestones include 49% reduction in total water usage, zero waste to landfill at 80% of manufacturing sites, and a new commitment to reduce product embodied carbon by 40% by 2030. The company received multiple recognitions, including placement on the Dow Jones Sustainability Index and CDP Climate Change 'A' List.

Trane Technologies (NYSE: TT) announced that its leadership team will participate in a fireside chat at the Wolfe Research Global Transportation and Industrials Conference on May 21, 2025, at 9:45 a.m. ET. Investors can access the live webcast through the company's website at www.tranetechnologies.com in the investor relations section. The webcast recording will remain available for 30 days after the event.

Trane Technologies reported strong Q1 2025 financial results, with bookings reaching $5.3 billion and a book-to-bill ratio of 113%. The company's reported revenues increased 11% to $4.7 billion, with organic revenues also up 11%.

Key highlights include:

• GAAP continuing EPS of $2.71
• Adjusted continuing EPS of $2.45, up 26%
• Enterprise backlog of $7.3 billion, up $500 million from year-end 2024
• Operating margin improved 250 basis points to 17.5%

The Americas segment showed particularly strong performance with bookings of $4.2 billion and a 14% revenue increase. The company reaffirmed its full-year 2025 guidance, expecting revenue growth of 7.5% to 8.5% and adjusted continuing EPS of $12.70 to $12.90, with performance trending toward the high end of the range.

Range Energy and Thermo King have expanded their collaboration to accelerate the commercialization of electric refrigerated trailers across the Americas. This partnership builds on their initial May 2024 collaboration that combined Thermo King's hybrid and electric trailer refrigeration units (TRUs) with Range Energy's eTrailer System.

The expanded alliance focuses on:

• Joint sales and distribution initiatives
• Installation and service support
• Dealer network training and demonstrations
• System maintenance throughout the electric trailers' lifecycle

Customer pilots and public demonstrations have already shown promising results in reducing diesel consumption. The partnership leverages Thermo King's extensive dealer network to reach a broader customer base while ensuring seamless compatibility with Thermo King TRUs across the Americas. This collaboration represents a significant step toward sustainable transportation solutions in the commercial trucking sector.

Trane Technologies (NYSE: TT), a global climate innovator, has announced its upcoming participation in the Oppenheimer Industrial Growth Conference. The company's leadership will engage in a virtual fireside chat scheduled for May 5, 2025, at 11:15 a.m. ET.

Investors and interested parties can access the live webcast through the investor relations section of the Trane Technologies website at www.tranetechnologies.com. For those unable to attend the live session, an archived version of the webcast will remain available for 30 days following the event.

Trane Technologies (NYSE:TT) has been named to the Financial Times' Europe's Climate Leaders list for the fifth consecutive year, recognizing European companies with the highest emissions intensity reductions from 2018-2023.

The company recently opened its Innovation Center in Oberhausen, Germany, showcasing sustainable Trane® heating and cooling solutions and serving as their Center of Excellence for Electrification. In December 2024, TT committed to the UN Global Compact's Forward Faster initiative to advance the 2030 Sustainable Development Goals.

Through its Gigaton Challenge, Trane Technologies aims to reduce greenhouse gas emissions by 1 billion metric tons by 2030, equivalent to 2% of global annual emissions or the combined yearly emissions of Italy, France, and the UK.

Trane Technologies (NYSE:TT) has secured a position on CDP's prestigious 'A List' for the third consecutive year, showcasing its excellence in corporate climate transparency and performance. The company stands among the top 2% of 22,400 scored companies to achieve an 'A' rating in 2023.

The recognition stems from CDP's thorough evaluation of environmental risk management, disclosure comprehensiveness, and leadership in sustainable practices. Mauro Atalla, Senior Vice President and Chief Technology and Sustainability Officer, emphasized the company's commitment to combining climate accountability with customer innovation and strong financial performance.

The achievement adds to Trane Technologies' recent accolades, including placement in the Top Ten of the 2025 JUST 100 and recognition on the Corporate Knights' 2025 Global 100. The company continues to progress toward its 2030 Sustainability Commitments and net-zero pledge by 2050, while maintaining its position as the first in its industry to receive SBTi validation for emissions reduction targets.