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.

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 as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 11 AI Stocks That Will Go to the Moon and 11 High-Growth Industrial Stocks to Buy.