Trane Technologies plc is a global leader in HVAC and refrigeration solutions, with a market cap of $92.2 billion. The company is set to announce its fourth-quarter earnings, expected to show a profit increase to $2.82 per share from $2.61 last year.

Analysts predict Trane Technologies to report an EPS of $13.02 for the current year, up 16% from the previous fiscal year. The stock has seen a 5% increase over the past year, underperforming the S&P 500 and Industrial Select Sector SPDR Fund.

Trane Technologies has recently entered into an agreement to acquire the Digital business of Stellar Energy International, a provider of liquid-to-chip data center cooling solutions. This move aims to strengthen Trane’s position in the data center thermal management market and expand its capabilities across commercial end markets.

Analysts have a moderately bullish outlook on TT stock, with a consensus rating of “Moderate Buy.” The average price target is $478.16, suggesting a potential upside of 22.9% from current levels.

Read more at Yahoo Finance: Trane Technologies Earnings Preview: What to Expect