Trane Technologies announces KSE deal and Trane Technologies stock trades at EUR 425.15
Published on 10/07/2026 at 10:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Trane Technologies stock was trading at EUR 425.15 at Lang & Schwarz on October 7, 2026 at 10:30 a.m. CEST, up 0.28 percent from the prior close of EUR 423.95. On October 6, 2026, Business Wire reported that Trane Technologies announced a multi-year agreement making it the official HVAC and thermal management partner of Kroenke Sports & Entertainment.
KSE agreement expands commercial reach
The agreement covers KSE venues including SoFi Stadium, YouTube Theater, Hollywood Park in Los Angeles and Ball Arena in Denver. Business Wire said the partnership is KSE's first cross-property agreement with a technology provider, giving Trane a concrete commercial showcase across sports and entertainment facilities.
The announcement follows a series of product developments in data-center cooling and residential electrification. Trane Technologies describes its portfolio as spanning building climate systems, digital solutions, liquid cooling and transport refrigeration through brands including Trane and Thermo King.
Revenue growth supports the valuation
For the second quarter of 2026, revenue reached USD 6.35 billion, up 10.60 percent from the prior-year quarter, while adjusted earnings per share came to USD 4.31 versus a USD 4.27 consensus estimate, according to MarketBeat on September 14, 2026.
The same report puts fiscal 2026 earnings guidance at USD 15.20-15.30 per share. That range gives investors a clearer benchmark than the latest quarter alone, because the guidance incorporates management's full-year view after the second-quarter revenue increase.
October results set the next test
MarketBeat lists Trane Technologies' third-quarter 2026 results for October 29, 2026, before the market opens, with the conference call scheduled for 10:00 a.m. ET. The published consensus calls for USD 4.73 in earnings per share and USD 6.49 billion in revenue, figures that will test whether the second-quarter growth rate is carrying into the next reporting period.
Trane Technologies is listed on the New York Stock Exchange under ticker TT. Its latest primary-market quote was USD 476.39 on October 6, 2026 at 4:01 p.m. EDT, with a 52-week range of USD 348.06 to USD 505.87 and market capitalization of USD 104.8 billion.
Stock holds above prior close
The euro reference quote stood at EUR 425.15 at Lang & Schwarz on October 7, 2026 at 10:30 a.m. CEST, plus 0.28 percent versus the Lang & Schwarz prior close of EUR 423.95 on October 6, 2026. 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: New York Stock Exchange
- Price Lang & Schwarz (as of October 7, 2026, 10:30 a.m. CEST): EUR 425.15
- Change versus prior close: plus 0.28 percent
- Prior close Lang & Schwarz (October 6, 2026): EUR 423.95
- Market capitalization: USD 104.8 billion (as of October 6, 2026)
- 52-week range: USD 348.06-505.87 (as of October 6, 2026)
- Sector / Industry: Industrials / Industrial machinery
- Next earnings date: October 29, 2026
