IR Stock Recent News

IR gains from solid momentum across its segments, accretive acquisitions and shareholder-friendly policies. However, high costs and forex woes remain a concern.

DAVIDSON, N.C., March 31, 2025 (GLOBE NEWSWIRE) -- Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and life sciences and industrial solutions, today announced that it received notice of an unsolicited “mini-tender” offer by TRC Capital Investment Corporation (TRC Capital) to purchase up to 1,500,00 shares of Ingersoll Rand's common stock at $77.50 per share. The offer price is approximately 4.27% below the closing price of the company's common stock on The New York Stock Exchange on March 21, 2025 ($80.96), the last trading day before the date of the offer. The offer price is also approximately 2.43% below the closing price of Ingersoll Rand's common stock on March 28, 2025 ($79.43), the business day prior to this release.

The best capital gains are derived by holding a stock over the long term. That's why patience is such an important characteristic for investors in growth stocks.

Flexibility in investment philosophy is crucial; recent cautiousness with growth stocks has led to downgrading Ingersoll Rand from 'buy' to 'hold'. Ingersoll Rand's Q4 2024 financial performance missed expectations, with revenue and earnings per share falling short, and slower growth forecasted for 2025. The Industrial Technologies and Services segment showed minimal growth, while Precision and Science Technologies grew due to acquisitions, not organic growth.

Ingersoll Rand Inc. (NYSE:IR ) Q4 2024 Earnings Conference Call February 14, 2025 8:00 AM ET Company Participants Matthew Fort - VP, IR Vicente Reynal - Chairman & CEO Vik Kini - CFO Conference Call Participants Michael Halloran - Baird Julian Mitchell - Barclays Jeff Sprague - Vertical Research Partners Rob Wertheimer - Melius Research Andy Kaplowitz - Citigroup Stephen Volkmann - Jefferies Chris Snyder - Morgan Stanley Nicole DeBlase - Deutsche Bank Nigel Coe - Wolfe Research Nathan Jones - Stifel David Raso - Evercore ISI Andrew Buscaglia - BNP Paribas Operator Hello, and welcome to the Ingersoll Rand 2024 Fourth Quarter Earnings Call. All lines have been placed on mute to prevent any background noise.

IR's fourth-quarter 2024 adjusted earnings of 84 cents per share decrease 2.3% year over year.

Although the revenue and EPS for Ingersoll (IR) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Ingersoll Rand (IR) came out with quarterly earnings of $0.84 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.86 per share a year ago.

DAVIDSON, N.C., Feb. 12, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and life science and industrial solutions, declared today a regular quarterly cash dividend of $0.02 (two cents) per share of common stock payable on March 27, 2025 to stockholders of record on March 5, 2025.

Ingersoll Rand earns “A List” rating from CDP in the environmental stewardship category for the second year in a row Ranked #1 globally in the Machinery and Electrical Equipment industry with a top 1% score on the 2024 S&P Global Corporate Sustainability Assessment and included on the Dow Jones Best-in-Class Indices for the third year in a row Near-term and net-zero Scope 1, 2, and 3 targets approved by the Science Based Targets initiative (SBTi), validating Ingersoll Rand's proposed emission reduction strategy Named to TIME's inaugural list of World's Best Companies in Sustainable Growth DAVIDSON, N.C., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Ingersoll Rand Inc., (NYSE: IR) a global provider of mission-critical flow creation and life science and industrial solutions, continues to demonstrate meaningful progress against its ambitious sustainability strategy and goals with new recognition from CDP, the Dow Jones Best-in-Class Indices (previously the Dow Jones Sustainability Indices), the