Ingersoll Rand Inc. (NYSE:IR) has been in high activity recently. The company saw its shares sold by
Intech Investment Management LLC,
Swiss National Bank, and
Amalgamated Bank, while
Generali Asset Management SPA SGR invested $1.48 million and
Cibc World Markets Corp boosted their shares. The
Q4 2024 earnings, despite landing in line with estimates, has seen reactions from analysts who set the price target at $104.75. The
market sentiment remains mixed due to these activities. Thankfully,
Fisher Asset Management LLC and
Edgestream Partners L.P. bought additional shares of Ingersoll Rand, providing some respite. The company has also seen record Q4 results and has announced strategic acquisitions, including a $30M revenue powerhouse in water treatment, and the acquisition of
SSI Aeration. Despite internal hesitations shown by insiders selling shares,
Ingersoll Rand successfully completed a $3,300 million Senior Unsecured Bond Offering and announces acquisition of three additional companies.
Ingersoll Rand IR News Analytics from Tue, 09 Apr 2024 07:00:00 GMT to Sat, 22 Mar 2025 13:01:58 GMT -
Rating 0
- Innovation 5
- Information 3
- Rumor -3
