T. Rowe Price (IR) discloses 27M Ingersoll-Rand shares in 13G/A filing
Rhea-AI Filing Summary
T. Rowe Price Associates, Inc. filed an amended Schedule 13G reporting beneficial ownership of common stock of Ingersoll-Rand Inc.. The firm reports beneficial ownership of 27,021,828 shares, representing 6.9% of the common stock class, with no shared voting or dispositive power.
T. Rowe Price Associates reports 26,478,605 shares with sole voting power and all 27,021,828 shares with sole dispositive power. The firm states that this filing should not be construed as an admission that it is the beneficial owner of these securities, and such beneficial ownership is expressly denied.
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Key Figures
Shares beneficially owned: 27,021,828 shares
Percent of class: 6.9%
Sole voting power: 26,478,605 shares
+3 more
6 metrics
Shares beneficially owned
27,021,828 shares
Common stock of Ingersoll-Rand Inc. reported by T. Rowe Price Associates
Percent of class
6.9%
Portion of Ingersoll-Rand Inc. common stock class reported as beneficially owned
Sole voting power
26,478,605 shares
Shares of Ingersoll-Rand Inc. over which T. Rowe Price has sole voting power
Shared voting power
0 shares
No shared voting power reported for Ingersoll-Rand Inc. shares
Sole dispositive power
27,021,828 shares
Shares over which T. Rowe Price has sole dispositive power
Shared dispositive power
0 shares
No shared dispositive power reported for Ingersoll-Rand Inc. shares
Key Terms
Schedule 13G, beneficial owner, Sole Voting Power, Sole Dispositive Power
4 terms
Schedule 13G regulatory
"filed an amended Schedule 13G reporting beneficial ownership"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficial owner regulatory
"shall not be construed as an admission that Price Associates is the beneficial owner"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Sole Voting Power financial
"Sole Voting Power 26,478,605.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"Sole Dispositive Power 27,021,828.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
FAQ
What stake in Ingersoll-Rand Inc (IR) does T. Rowe Price report in this Schedule 13G/A?
T. Rowe Price Associates reports beneficial ownership of 27,021,828 shares of Ingersoll-Rand Inc. common stock, representing 6.9% of the class, according to this amended Schedule 13G filing.
How much voting power does T. Rowe Price have in Ingersoll-Rand Inc (IR)?
T. Rowe Price Associates reports sole voting power over 26,478,605 shares of Ingersoll-Rand Inc. common stock and no shared voting power, as disclosed in the ownership breakdown.
What type of security and CUSIP are covered for Ingersoll-Rand Inc (IR)?
The filing covers common stock of Ingersoll-Rand Inc., identified by CUSIP 45687V106, with T. Rowe Price Associates reporting its beneficial ownership position in this security class.
AI-generated analysis. How Rhea-AI works. Not financial advice.