Ingersoll Rand Inc. saw increased interest from various entities, with Vident Advisory LLC, Canada Pension Plan Investment Board, Banque Transatlantique SA, American Century Companies Inc. and Kodai Capital Management LP growing their positions. But Royal Bank of Canada, Adage Capital Partners GP L.L.C., Comerica Bank, and The Manufacturers Life Insurance Company sold shares. Q2 earnings met estimates, but guidance failed to impress, leading to stock price fall and lowered price target. The company's M&A moves, including the acquisition of Dave Barry Plastics and TMIC/Adicomp, have added value and expanded product offerings. But uncertainty looms, despite their strategic communication and industrial resilience as overall fundamentals appear mixed with technical weaknesses persisting.
Ingersoll Rand IR News Analytics from Tue, 21 Jan 2025 08:00:00 GMT to Sat, 06 Sep 2025 10:41:57 GMT -
Rating -2
- Innovation 4
- Information 8
- Rumor -1
