Trane Technologies (TT) Powers Growth with Data Center Cooling

Trane Technologies plc (NYSE:TT) is one of the best manufacturing stocks to invest in now. On February 18, 2026, Trane Technologies plc (NYSE:TT) announced it had completed the acquisition of Stellar Energy Americas, a provider of modular data center cooling solutions. The deal, first revealed on December 2, 2025, strengthens Trane’s position in thermal management for data centers.

Trane Technologies (TT) Powers Growth with Data Center Cooling

At Citi’s Global Industrial Tech & Mobility Conference on the same day, Trane highlighted its focus on innovation and growth. CEO Dave Regnery and CFO Chris Kuehn pointed to robust performance, with commercial HVAC in the Americas expected to grow 7%–8% in Q1 2026, while residential HVAC faces a 20% decline. The company reported revenue growth from $12.5 billion to $21.3 billion over five years, supported by acquisitions and strong demand in data center cooling.

Operational updates showed strength in construction, power generation, and HVAC markets, with Europe returning to growth after seven quarters of decline and Asia benefiting from electronics demand. Trane continues to invest in new products, acquisitions, and digital solutions like BrainBox, while projecting long‑term growth through AI integration and smarter building technologies.

Trane Technologies plc (NYSE:TT) designs, manufactures, sells, and services heating, ventilation, air conditioning (HVAC), and transport refrigeration solutions. Its products include air conditioners, heat pumps, chillers, coils, condensers, dehumidifiers, furnaces, and humidifiers, along with modular cooling systems, energy‑efficiency programs, and indoor air quality solutions. Through its Trane and Thermo King brands, the company combines advanced manufacturing with sustainability and innovation to deliver climate solutions for homes, buildings, and transportation worldwide.

While we acknowledge the potential of TT to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TT and that has 100x upside potential, check out our report about this cheapest AI stock.

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