Ingersoll Rand Inc., despite some losses, continues to outperform competitors. While there's been noteworthy insider selling, analysts maintain a positive stance with Jim Cramer expecting a rebound. Multiple firms, including the likes of HighPoint Advisor Group, Foster Group, and Umura Holdings, have increased their holdings or made new investments in the company. Simultaneously, our notable firms have toned down their positions, reflecting the market's mixed sentiment. Ingersoll Rand has recently expanded its portfolio with the acquisition of ILC Dover, marking a significant step for the firm. Investment returns on Ingersoll Rand have been excellent, with a five-year ROI at 239%. Recent Q1 and Q4 earnings reports demonstrate impressive growth, further solidifying its position as a profitable investment. Despite the strong financial performance, the firm’s Q1 revenues fell short of expectations. Ingersoll Rand is looking to fortify its presence in life sciences with its recent acquisitions, including two more besides ILC Dover. Despite the sell-off of asbestos liability, the company is focused on growth, snapping up further acquisitions.
Ingersoll Rand IR News Analytics from Thu, 05 Oct 2023 07:00:00 GMT to Sun, 23 Jun 2024 15:49:19 GMT -
Rating 6
- Innovation 8
- Information 9
- Rumor -4
