Trane Technologies announced KSE deal and Trane Technologies stock costs EUR 421.05
Published on 10/09/2026 at 11:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Trane Technologies announced a multi-year climate innovation partnership with Kroenke Sports & Entertainment on October 6, 2026.
- Second-quarter revenue reached USD 6.35 billion, up 10.60 percent year over year, while adjusted earnings per share reached USD 4.31.
- The Lang & Schwarz price was EUR 421.05 on October 9, 2026 at 11:06 a.m. CEST, up 0.55 percent versus the prior close.
- Bernstein raised its Trane Technologies target from USD 555.00 to USD 575.00 on August 14, 2026, according to MarketBeat.
Trane Technologies stock was trading at EUR 421.05 at Lang & Schwarz on October 9, 2026 at 11:06 a.m. CEST, up 0.55 percent on the session. On October 6, 2026, the company announced a multi-year climate innovation agreement with Kroenke Sports & Entertainment, under which Trane will provide HVAC and thermal-management services, Makkler reports.
Three milestones shape the stock
On July 30, 2026, Trane Technologies reported USD 6.35 billion of revenue for the second quarter, up 10.60 percent from the prior-year quarter, and earnings per share of USD 4.31 versus consensus of USD 4.27, according to MarketBeat. On August 14, 2026, Bernstein raised its price target from USD 555.00 to USD 575.00 while maintaining an Outperform rating, also reported by MarketBeat. The October 6 partnership is the latest of the three milestones and covers four named venues, including SoFi Stadium, YouTube Theater, Hollywood Park and Ball Arena, Makkler reports.
What does the KSE deal add?
The agreement places Trane's climate systems and thermal-management capabilities across four major sports and entertainment venues. That gives the partnership a practical operating footprint rather than a purely promotional label, while the company's second-quarter revenue growth provides a current financial measure for the stock's commercial momentum.
MarketBeat says analysts had an average one-year target of USD 531.21 on October 9, 2026, with fifteen research firms covering Trane Technologies and an average rating of Buy. The same report says fiscal 2026 earnings-per-share guidance stands at USD 15.20-15.30, putting the second-quarter USD 4.31 result in the context of a full-year outlook.
Dates for results and dividend
The next earnings date is October 29, 2026, according to Finzer. MarketBeat lists December 4, 2026, as the ex-dividend date for the USD 1.05 quarterly dividend, with payment scheduled for December 31, 2026, according to MarketBeat.
Stock stays below its yearly high
The Lang & Schwarz quote of EUR 421.05 on October 9, 2026 at 11:06 a.m. CEST stood above the EUR 418.75 prior close of October 8, 2026, a gain of 0.55 percent. On the NYSE, Trane Technologies had a USD 103.4 billion market capitalization as of October 8, 2026, while its 52-week range was USD 348.06 to USD 505.87.
The further course of trading is shown by the continuously updated real-time quote of Trane Technologies stock.
Trane Technologies stock facts
- Company: Trane Technologies plc
- ISIN: IE00BK9ZQ967
- Ticker: TT
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 9, 2026, 11:06 a.m. CEST: EUR 421.05
- Change versus prior close: plus 0.55 percent
- Prior close Lang & Schwarz October 8, 2026: EUR 418.75
- Market capitalization: USD 103.4 billion as of October 8, 2026
- 52-week range: USD 348.06-505.87 as of October 9, 2026
- Sector / Industry: Industrials / Industrial Machinery
- Next earnings date: October 29, 2026
Market context: Market report S&P 500.
