Ingersoll Rand (IR), an American multinational conglomerate, raised its dividends for the first quarter of 2025 while also expanding its buyback plan to US$2,750 million. Its stock encountered substantial investor movements, with entities such as Nuveen Asset Management LLC and Janus Henderson Group PLC significantly reducing their holdings, whereas Deutsche Bank AG and Centiva Capital LP increased theirs. Notably, the financial performance of the company was mixed.
IR's performance in Q4 2024, Q1 2025, and FY 2025 was affected by several factors including tariff and volume headwinds, resulting in lowered earnings. However, positive developments such as strong order growth, record cash for Q1 2025, and an acquisition geared towards industrial expansion appear encouraging. The lack of organic growth and profit misses have put some downward pressure on the stock. Nevertheless, outlooks and ideas about the company maintained optimism, encouraging investors to keep a watch on IR's stock performance.
Ingersoll Rand IR News Analytics from Tue, 08 Oct 2024 07:00:00 GMT to Sat, 17 May 2025 10:21:35 GMT -
Rating 3
- Innovation -5
- Information 5
- Rumor 8
