Ingersoll Rand, the global leader in mission-critical flow creation and industrial solutions, has seen significant activities in its shares. This includes purchase of significant amounts by well-known entities like the
PNC Financial Services Group Inc., Vanguard Group Inc., ASR Vermogensbeheer N.V., Banco Santander S.A., Banque Cantonale Vaudoise, TD Asset Management Inc., and more. However, some, such as
Natixis Advisors LLC, Phoenix Financial Ltd, and DE Burlo Group Inc., have reduced their holdings. There have also been insider sales. The stock witnessed a drop in its value by 1.51% and a more significant 10.9%, causing a market stir. Subsequent quarterly earnings showed a mixed or soft result, with
Q2 earnings matching estimates while revenues beat them). Despite some strategic acquisitions like the Irish Cleanroom Plastic Firm for Life Sciences Expansion and Dave Barry Plastics and the
€160M TMIC acquisition, the stock seems to be riding a wave of uncertainty. The appointment of
Aurobind Satpathy to its Board of Directors has been another development. Notably, Ingersoll Rand has also announced its
Q2 (FY 2025), Q4 (FY 2024) earnings, and issued dividends. This mixed performance led to Barclays issuing a pessimistic forecast, while analysts at Stifel Nicolaus and Robert W. Baird increased their price targets.
Ingersoll Rand IR News Analytics from Sat, 25 Jan 2025 08:00:00 GMT to Sat, 09 Aug 2025 16:16:02 GMT -
Rating -3
- Innovation 0
- Information 4
- Rumor -6
