IR Stock Recent News

CHICAGO--(BUSINESS WIRE)--D.A. Davidson announced today that it served as exclusive financial advisor to Air Power Systems Co. (“APSCO”), an industry-leading provider of hydraulic and pneumatic engineered products and solutions, in its sale to Ingersoll Rand (NYSE:IR), a global provider of flow creation and compression technologies. APSCO is a portfolio company of TGP Investments (“TGP”). Founded in 1964, APSCO provides customized hydraulic and pneumatic products and systems for medium and heav.

IR stands to benefit from strength in its businesses, acquired assets and solid liquidity position.

The acquisition of APSCO is set to boost IR's position in the dry and liquid bulk markets with energy-efficient solutions.

DAVIDSON, N.C., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and life science and industrial solutions, has acquired Air Power Systems Co., LLC (“APSCO”), Blutek s.r.l. (“Blutek”), and UT Pumps & Systems Private Limited (“UT Pumps”) for a combined purchase price of approximately $135 million. These acquisitions add more than $50 million in revenue cumulatively acquired at a high-single digit multiple of 2024 estimated Adjusted EBITDA.

Does Ingersoll Rand (IR) have what it takes to be a top stock pick for momentum investors? Let's find out.

DAVIDSON, N.C., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and life science and industrial solutions, will issue its third quarter 2024 earnings release after the market closes on Thursday, October 31, 2024.

The partnership also makes Northern Tool + Equipment the official hardware retailer of tools and related equipment partner for Monster Jam BURNSVILLE, Minn., Sept. 17, 2024 /PRNewswire/ -- Northern Tool + Equipment and Monster Jam announced today they are teaming up for a three-year partnership that will include retail, business-to-business and online integration. The partnership includes becoming the official hardware retailer of tools and related equipment partner for Monster Jam and the announcement of the Monster Jam Garage Outfitted by Northern Tool + Equipment. It is also highlighted by a never-been-done, hands-on experience to inspire high school students to pursue careers in skilled trades -- the Tools for the Trades™ Monster Jam Mini Build. "We are thrilled to join forces with Monster Jam! We're excited to meet the loyal Monster Jam fans at stadiums and our stores across the country," said Frank Crowson, Senior Vice President and Chief Marketing Officer of Northern Tool + Eq

Investors with an interest in Manufacturing - General Industrial stocks have likely encountered both Gorman-Rupp (GRC) and Ingersoll Rand (IR). But which of these two stocks is more attractive to value investors?

Investors with an interest in Manufacturing - General Industrial stocks have likely encountered both Gorman-Rupp (GRC) and Ingersoll Rand (IR). But which of these two stocks offers value investors a better bang for their buck right now?

Subscribers to Schaeffer's Weekend Trader options recommendation service received this IR commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters.