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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 (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%
Tags
-
Rhea-AI Summary
Ingersoll Rand Inc. (NYSE: IR) will release its fourth quarter 2023 earnings on February 15, 2024, followed by a live earnings conference call on February 16, 2024, at 8 a.m. EST. Participants can join the call by dialing +1-888-330-3073 domestically or +1-646-960-0683 internationally, using access Code 8970061. A real-time audio webcast will be available on the Ingersoll Rand Investor Relations website, with a replay accessible after the conference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.19%
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-
Rhea-AI Summary
Ingersoll Rand Inc. (NYSE:IR) invites investors, analysts, and stakeholders to its Investor and Analyst Day on November 30, 2023. The event will feature presentations by the senior management team, including Chairman and CEO Vicente Reynal and CFO Vik Kini, to review the company's business and financial strategy, competitive differentiators, and vision.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.09%
Tags
conferences
Rhea-AI Summary
Ingersoll Rand Inc. reported record third quarter revenues, with reported net income of $208 million and adjusted net income of $316 million. The company raised its full-year 2023 total revenue growth guidance to a range of 14% to 16% and organic revenue growth range to 9% to 11%. Adjusted EBITDA guidance was also raised to a range of $1,730 to $1,770 million, up 21% to 23% over the prior year. Ingersoll Rand remains in a strong financial position with liquidity of $3.2 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.81%
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Rhea-AI Summary
Ingersoll Rand Inc. (NYSE: IR) has declared a regular quarterly cash dividend of $0.02 per share of common stock. The dividend will be payable on December 14, 2023, to stockholders of record on November 20, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.81%
Tags
dividends
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Rhea-AI Summary
Ingersoll Rand completes acquisitions of Oxywise and Fraserwoods for $26 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.65%
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Rhea-AI Summary
Ingersoll Rand Inc. will release its Q3 2023 earnings on November 1, 2023, followed by a conference call on November 2, 2023. A replay of the webcast will be available.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.18%
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-
Rhea-AI Summary
Ingersoll Rand appoints Julie Schertell and JoAnna Sohovich to its Board of Directors. Schertell brings experience in global strategies and transformation, while Sohovich excels in innovation and digital growth initiatives. Their perspectives will support the company's economic and digital growth strategies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.58%
Tags
management
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Rhea-AI Summary
Battery Ventures creates new laboratory-automation platform through acquisitions of Skalar Analytical, PromoChrom Technologies, and LCTech.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.1%
Tags
none
Rhea-AI Summary
Ingersoll Rand invites investors to join its Investor and Analyst meeting on November 30, 2023, to review the company's business and financial strategy. Forward-looking statements caution about risks and uncertainties, including the impact of the COVID-19 pandemic and changes in economic conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags
conferences
Ingersoll Rand Inc.

NYSE:IR

IR Rankings

IR Stock Data

37.53B
401.94M
0.19%
97.19%
1.41%
Air and Gas Compressor Manufacturing
Manufacturing
Link
United States of America
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.