Ingersoll Rand (IR)

• Market cap: $37.9B
• 1 day: 2.39%
• 5 days: 5.80%
• 1 month: 2.49%
• 3 months: -5.95%
• 6 months: -5.87%
• Year to date: 3.93%
• 1 year: 18.58%
• 5 years: 172.22%
• 10 years: 345.88%
• Sector: Industrials
• Industry: General Industrial Machinery & Equipment

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 Q3 regulatory filings by fund managers ($100M+ AUM)

288% more call options, than puts

Call options by funds: $104M | Put options by funds: $26.9M

67% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 5 (+2) [Q3]

29% more first-time investments, than exits

New positions opened: 99 | Existing positions closed: 77

14% more repeat investments, than reductions

Existing positions increased: 307 | Existing positions reduced: 270

7% more capital invested

Capital invested by funds: $38B [Q2] → $40.6B (+$2.62B) [Q3]

1% more funds holding

Funds holding: 841 [Q2] → 850 (+9) [Q3]

1.2% less ownership

Funds ownership: 103.6% [Q2] → 102.4% (-1.2%) [Q3]

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $105 12% upside
• Avg. target: $114 21% upside
• High target: $124 32% upside

7 analyst ratings

• positive: 6 86%
• neutral: 1 14%
• negative: 0 0%

Citigroup Andrew Kaplowitz 69% 1-year accuracy 55 / 80 met price target	22% upside $115	Buy Maintained	13 Jan 2025
Barclays Julian Mitchell 65% 1-year accuracy 72 / 111 met price target	22% upside $115	Overweight Maintained	8 Jan 2025
Wells Fargo Joseph O'Dea 71% 1-year accuracy 22 / 31 met price target	12% upside $105	Overweight Maintained	7 Jan 2025
Goldman Sachs Joe Ritchie 67% 1-year accuracy 18 / 27 met price target	29% upside $121	Buy Maintained	12 Dec 2024
Stifel Nathan Jones 65% 1-year accuracy 44 / 68 met price target	14% upside $107	Hold Downgraded	18 Nov 2024