Ingersoll Rand (IR)

• Market cap: $37.2B
• 1 day: 1.12%
• 5 days: -8.72%
• 1 month: -10.50%
• 3 months: -4.64%
• 6 months: -0.97%
• Year to date: 20.27%
• 1 year: 23.25%
• 5 years: 151.86%
• 10 years: 337.35%
• 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]

14% more repeat investments, than reductions

Existing positions increased: 307 | Existing positions reduced: 270

6% more capital invested

Capital invested by funds: $36.4B [Q2] → $38.8B (+$2.35B) [Q3]

9% more first-time investments, than exits

New positions opened: 98 | Existing positions closed: 90

1% more funds holding

Funds holding: 841 [Q2] → 849 (+8) [Q3]

1.56% less ownership

Funds ownership: 99.44% [Q2] → 97.88% (-1.56%) [Q3]

Research analyst outlook

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

• Low target: $95 3% upside
• Avg. target: $113 23% upside
• High target: $124 34% upside

8 analyst ratings

• positive: 6 75%
• neutral: 2 25%
• negative: 0 0%

Goldman Sachs Joe Ritchie 70% 1-year accuracy 19 / 27 met price target	31% upside $121	Buy Maintained	12 Dec 2024
Citigroup Andrew Kaplowitz 61% 1-year accuracy 41 / 67 met price target	29% upside $119	Buy Maintained	9 Dec 2024
Barclays Julian Mitchell 61% 1-year accuracy 62 / 101 met price target	30% upside $120	Overweight Maintained	5 Dec 2024
Stifel Nathan Jones 65% 1-year accuracy 45 / 69 met price target	16% upside $107	Hold Downgraded	18 Nov 2024
UBS Ravi Mehrotra 0% 1-year accuracy 0 / 1 met price target	34% upside $124	Buy Assumed	13 Nov 2024