IR Stock Recent News

Ingersoll (IR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

TORONTO, April 09, 2025 (GLOBE NEWSWIRE) -- TRC Capital Investment Corporation (TRC) announced today that based on current market conditions, TRC has amended the terms of its tender offer for up to 1,500,000 common shares of Ingersoll Rand Inc. (the Company) and has decreased the offer price payable to US$65.25 per share from US$77.50 per share.

DAVIDSON, N.C., April 08, 2025 (GLOBE NEWSWIRE) -- Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and life science and industrial solutions, will issue its first quarter 2025 earnings release after the market closes on Thursday, May 1, 2025.

DAVIDSON, N.C., April 03, 2025 (GLOBE NEWSWIRE) -- Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and life sciences and industrial solutions, today announced the appointment of Michelle Swanenburg to its Board of Directors, effective immediately.

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.