Ingersoll Rand Inc. (IR) has seen substantial activity from various investment management firms. USS Investment Management and Advisors Asset Management reduced their holdings, while MBB Public Markets I and AlphaQuest took positions. Meanwhile, the asset management section of Goldman Sachs has a stake of $183.57 million in the firm. IR's stock underwent a 7% dip, but it remains an economic recovery actor despite a decline in Q2 earnings estimates. In terms of internal changes, experienced leader Aurobind Satpathy joined the board of directors, providing further insight for future growth strategies. The company continues to meet financial expectations with Revenues beating, but EPS lags. Recent strategic moves in M&A, particularly the acquisition of Dave Barry Plastics and TMIC/Adicomp, have broadened Ingersoll Rand's life sciences portfolio. Announcement of raised guidance happened for Q2 2025, however, it was not enough to appease the market as the stock still tumbled. Moreover, That said, Wall Street remains divided on the firm's outlook.
Ingersoll Rand IR News Analytics from Tue, 21 Jan 2025 08:00:00 GMT to Sat, 13 Sep 2025 18:19:42 GMT -
Rating -3
- Innovation 4
- Information 6
- Rumor -5
