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Ingersoll Rand IR - News Analyzed: 9,364 - Last Week: 100 - Last Month: 400

↗ Ingersoll Rand IR Revamps Board and Expands Portfolio Amid Market Fluctuations

Ingersoll Rand IR Revamps Board and Expands Portfolio Amid Market Fluctuations
Ingersoll Rand (IR), a notable industrial manufacturer, has experienced significant changes and challenges. It's recently welcomed Tesla veteran Jerome Guillen to its board, a move deemed to enrich its environmental, social and governance (ESG) narrative and operational capabilities. Shareholders are urged to keep IR in their fold, despite Corient Private Wealth LLC recently liquidating their IR shares. Earnings forecasts are optimistic and range from $100 - $115, with Stifel Nicolaus upping their price target to $81. Multiple firms - Liontrust Investment Partners and State Street Corp, among others - have made substantial new investments in IR. Despite meeting earnings estimates for both Q2 and Q3, the company's stock experienced fluctuations. Guidance pressures and tariff concerns may affect future outlooks, and questions persist over IR's balance sheet health. The recent €160M TMIC acquisition exemplifies IR's growth trajectory, aiming at expanding its gas-end production. However, watched warily by Wall Street due to a one-off $334.6M loss, doubt surrounds the bullish case for IR. Nevertheless, IR continues to innovate, evident through its recent purchase of UK-based Transvac Systems.

Ingersoll Rand IR News Analytics from Sun, 16 Feb 2025 08:00:00 GMT to Sat, 20 Dec 2025 13:23:02 GMT - Rating 3 - Innovation -2 - Information 5 - Rumor 4

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