Ingersoll Rand
About: Ingersoll Rand was formed through the merger of Gardner Denver and Ingersoll Rand's industrial segment. The firm's portfolio consists of two business lines: industrial technologies and services, and precision and science technologies. Ingersoll Rand serves a variety of end markets, including industrial, medical, and energy. Its broad portfolio of products includes compression, blower and vacuum, and fluid management. Ingersoll Rand generated roughly $6.9 billion in revenue in 2023.
Employees: 18,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
322% more call options, than puts
Call options by funds: $98.1M | Put options by funds: $23.3M
10% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 73
8% more repeat investments, than reductions
Existing positions increased: 293 | Existing positions reduced: 271
1% more funds holding
Funds holding: 825 [Q1] → 832 (+7) [Q2]
2% less capital invested
Capital invested by funds: $36.5B [Q1] → $36B (-$557M) [Q2]
40% less funds holding in top 10
Funds holding in top 10: 5 [Q1] → 3 (-2) [Q2]
51.44% less ownership
Funds ownership: 149.65% [Q1] → 98.22% (-51.44%) [Q2]
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Stifel Nathan Jones 86% 1-year accuracy 57 / 66 met price target | 11%upside $112 | Buy Maintained | 16 Oct 2024 |
Wells Fargo Joseph O'Dea 81% 1-year accuracy 22 / 27 met price target | 9%upside $110 | Overweight Maintained | 7 Oct 2024 |
CFRA Jonathan Sakraida 0 / 0 met price target | 6%downside $95 | Hold Maintained | 4 Oct 2024 |
Barclays Julian Mitchell 77% 1-year accuracy 58 / 75 met price target | 4%upside $105 | Overweight Maintained | 2 Oct 2024 |
Morgan Stanley Chris Snyder 77% 1-year accuracy 10 / 13 met price target | 4%downside $97 | Equal-Weight Initiated | 6 Sept 2024 |
Financial journalist opinion
Based on 7 articles about IR published over the past 30 days