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Ingersoll-Rand Inc - IR STOCK NEWS

Welcome to our dedicated news page for Ingersoll-Rand (Ticker: IR), a resource for investors and traders seeking the latest updates and insights on Ingersoll-Rand.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ingersoll-Rand's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ingersoll-Rand's position in the market.

Rhea-AI Summary
Ingersoll Rand Inc. (IR) will release its first quarter 2024 earnings on May 2, 2024. A live conference call to discuss the results will be held on May 3, 2024. Investors can participate via phone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.55%
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Rhea-AI Summary
Ingersoll Rand (NYSE: IR) completes acquisitions of Controlled Fluidics and Ethafilter to enhance its life science and air treatment businesses. The acquisitions aim to boost market share, introduce new revenue streams, and expand into in-vitro diagnostics, genomics, and sterile filter technology markets. The company expects mid-teens return on invested capital by the third year of ownership.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.91%
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Rhea-AI Summary
Ingersoll Rand Inc. (NYSE:IR) acquires ILC Dover for approximately $2.325 billion, expanding its life sciences platform and addressing a $65 billion market. The deal includes upfront cash purchase with an earnout tied to operating metrics, positioning Ingersoll Rand for growth in key sectors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
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Rhea-AI Summary
Ingersoll Rand Inc. (NYSE: IR) announces its decision not to participate in a fireside chat at the Evercore ISI Industrial Conference on March 5, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.72%
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conferences
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Rhea-AI Summary
Ingersoll Rand Inc. (IR) executives to participate in a fireside chat at the Evercore ISI Industrial Conference. The event will feature the CFO and VP of Investor Relations discussing mission-critical flow creation and industrial solutions. Investors can access the real-time webcast on the company's Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.33%
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Rhea-AI Summary
Ingersoll Rand Inc. (NYSE: IR) announces a regular quarterly cash dividend of $0.02 per share of common stock, payable on March 28, 2024, to stockholders of record on March 7, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.54%
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dividends
Rhea-AI Summary
Ingersoll Rand Inc. (IR) reports strong performance in Q4 2023 with orders of $1,670 million, up 13%, and revenues of $1,821 million, up 12%. Adjusted EBITDA increased by 19% to $501 million. Full-year 2023 saw reported orders of $6,822 million, up 7%, and revenues of $6,876 million, up 16%. IR expects 2024 revenue growth of 5-7% and Adjusted EBITDA of $1,915 to $1,975 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.91%
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Rhea-AI Summary
Ingersoll Rand Inc. (IR) has been recognized for its sustainability efforts, achieving top rankings from CDP, the Dow Jones Sustainability Indices (DJSI), and Morningstar Sustainalytics. The company was named to the 'A List' by CDP, ranked #1 globally within the Machinery and Electrical Equipment industry by S&P Global, and received top ratings from Morningstar Sustainalytics. Ingersoll Rand's commitment to sustainability is evident through its low-risk rating and inclusion on the DJSI World and North America Indices for the second year in a row.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.96%
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Rhea-AI Summary
Ingersoll Rand Inc. (IR) announced that its CEO, CFO, and senior VP will participate in fireside chats at upcoming investor conferences. The conferences include The Barclays Industrial Select Conference on February 21, 2024, and The Citi Global Industrial Tech and Mobility Conference on February 22, 2024. Real-time audio webcasts will be available for both events via the Ingersoll Rand Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.96%
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conferences
Rhea-AI Summary
Ingersoll Rand (NYSE: IR) acquired Friulair S.r.l. for approximately $146M, increasing its scale of air dryer business, adding new chiller and heat pump technologies, and enhancing penetration of food and beverage and pharmaceutical end markets. The acquisition is expected to reduce the purchase multiple to mid-single digits by year three of ownership, with Adjusted EBITDA margins in excess of 30%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.67%
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Ingersoll-Rand Inc

NYSE:IR

IR Rankings

IR Stock Data

37.08B
401.94M
0.19%
97.19%
1.41%
Air and Gas Compressor Manufacturing
Manufacturing
Link
US
Davidson

About IR

ingersoll rand (nyse:ir) advances the quality of life by creating and sustaining safe, comfortable and efficient environments. our people and our family of brands-including club car®, ingersoll rand®, thermo king®, and trane® work together to enhance the quality and comfort of air in homes and buildings; transport and protect food and perishables; secure homes and commercial properties; and increase industrial productivity and efficiency. we are a global business committed to a world of sustainable progress and enduring results.