Quantinno Capital Management LP, Rafferty Asset Management LLC, Nomura Holdings Inc, NorthRock Partners LLC, Squarepoint Ops LLC, Tidal Investments LLC are among various firms that have increased their holdings in Ingersoll Rand Inc. (NYSE:IR). However, Royal Bank of Canada and UBS ASSET MANAGEMENT AMERICAS LLC have decreased their shares. For the first quarter of 2025, Ingersoll Rand has received 'BBB+' upgrade rating from Fitch with the outlook remaining stable. The company’s first quarter results missed estimates while the company reported record earnings for the fourth quarter and full years of 2024. Additionally, they are gearing up to post their Q1 earnings. The company's stock has seen fluctuations, with a 16% jump over the past month and has reached a 52-week low at $81.3. Michelle Swanenburg has been appointed to the board while the FY25 profit outlook has been lowered amid tariff and volume headwinds. The firm has recently acquired Chiller and Gas Tech Leaders to expand industrially and has also bought SSI Aeration to boost wastewater treatment solutions and market reach, revealing their strategic movements in the market.
Ingersoll Rand IR News Analytics from Tue, 08 Oct 2024 07:00:00 GMT to Sun, 25 May 2025 00:43:37 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -1
