Investment activity in
Ingersoll Rand Inc. (NYSE: IR) shows increasing confidence from various firms like
Bank Julius Baer & Co. Ltd Zurich investing $18.39 million,
Advisors Preferred LLC purchasing 14,300 shares and
Teachers Retirement System of The State of Kentucky increasing their stock position.
Ingersoll Rand's Q2 earnings are expected to decline but, its initiatives in enlarging its portfolio through acquisition of
TMIC/Adicomp for €160M has created buzz in the industry. With a new price target of $95.00 at Stifel Nicolaus, the company also appointed experienced leader
Aurobind Satpathy to Board of Directors. Ingersoll Rand has made considerable sustainability contributions achieving 61% progress on emissions & 38% water reduction. Despite a reported decrease in Q1 earning and revenues, analysts from
Citigroup maintain a 'Buy' rating and increased price target to $104. The company's business activity has continued to flourish with the procurement of
Termomeccanica Industrial Compressors and
Adicomp for €160 million to further its growth and capabilities.
Ingersoll Rand IR News Analytics from Sat, 25 Jan 2025 08:00:00 GMT to Sat, 26 Jul 2025 16:44:12 GMT -
Rating 2
- Innovation 6
- Information 8
- Rumor -5
