Here's Why You Should Add Trane Technologies Stock to Your Portfolio
Trane Technologies (TT) is recommended as a buy with strong growth prospects. The company's Q2 2026 backlog surged 70% year-over-year with nearly $6 billion scheduled for 2027 and beyond. Revenue is projected to grow 10.9% to $23.7 billion in 2026, while earnings are expected to rise 17.2%. The company plans to deploy $2.8-$3.3 billion in capital, raise its dividend by 12%, and repurchase $840 million in shares.