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Ingersoll-Rand Inc - IR STOCK NEWS

Welcome to our dedicated page for Ingersoll-Rand news (Ticker: IR), a resource for investors and traders seeking the latest updates and insights on Ingersoll-Rand stock.

Ingersoll Rand Inc. Common Stock (NYSE: IR) is a global leader in creating and sustaining safe, comfortable, and efficient environments. The company's diverse portfolio is categorized into two main business lines: Industrial Technologies and Services, and Precision and Science Technologies. With renowned brands such as Club Car®, Ingersoll Rand®, Thermo King®, and Trane®, the company enhances the quality and comfort of air in homes and buildings, ensures the safe transport and protection of food and perishables, secures homes and commercial properties, and boosts industrial productivity and efficiency.

Ingersoll Rand was formed through the merger of Gardner Denver and Ingersoll Rand's industrial segment. It caters to various end markets, including industrial, medical, and energy sectors. The company offers a broad range of products, including compression systems, blower and vacuum solutions, and fluid management systems. In 2023, Ingersoll Rand generated approximately $6.9 billion in revenue, reflecting its robust financial performance and market presence.

Ingersoll Rand is committed to sustainable progress and enduring results, aiming to advance the quality of life globally. Its recent partnership with Inkbit™, a pioneer in advanced additive manufacturing solutions, underscores its dedication to innovation and technological advancement. This collaboration focuses on bringing Inkbit's Vision-Controlled Jetting™ (VCJ) technology to the market, revolutionizing product design and manufacturing across various industries, including robotics, healthcare, mobility, industrial automation, and defense.

The company's leadership team, including Vicente Reynal, Chairman and Chief Executive Officer, continues to drive growth and innovation. Ingersoll Rand's strategic investments and partnerships highlight its commitment to expanding its technological capabilities and market reach.

Latest News:

  • MEDFORD, Mass., May 6, 2024 – Inkbit™ announced the closing of a $19M financing round led by Ingersoll Rand, with participation from several prominent investors. This funding will accelerate Inkbit's Vision-Controlled Jetting™ technology's market adoption and commercial use across life sciences and industrial applications.
News

Ingersoll Rand to Acquire ILC Dover to Expand Presence in Life Sciences

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Ingersoll Rand Inc. (NYSE:IR) acquires ILC Dover for approximately $2.325 billion, expanding its life sciences platform and addressing a $65 billion market. The deal includes upfront cash purchase with an earnout tied to operating metrics, positioning Ingersoll Rand for growth in key sectors.
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UPDATE: Ingersoll Rand to Participate in Upcoming Investor Conference

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Ingersoll Rand Inc. (NYSE: IR) announces its decision not to participate in a fireside chat at the Evercore ISI Industrial Conference on March 5, 2024.
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Ingersoll Rand to Participate in Upcoming Investor Conference

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Ingersoll Rand Inc. (IR) executives to participate in a fireside chat at the Evercore ISI Industrial Conference. The event will feature the CFO and VP of Investor Relations discussing mission-critical flow creation and industrial solutions. Investors can access the real-time webcast on the company's Investor Relations website.
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Ingersoll Rand Declares Regular Quarterly Cash Dividend

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Ingersoll Rand Inc. (NYSE: IR) announces a regular quarterly cash dividend of $0.02 per share of common stock, payable on March 28, 2024, to stockholders of record on March 7, 2024.
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Ingersoll Rand Reports Record Fourth Quarter and Full Year 2023 Results

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Ingersoll Rand Inc. (IR) reports strong performance in Q4 2023 with orders of $1,670 million, up 13%, and revenues of $1,821 million, up 12%. Adjusted EBITDA increased by 19% to $501 million. Full-year 2023 saw reported orders of $6,822 million, up 7%, and revenues of $6,876 million, up 16%. IR expects 2024 revenue growth of 5-7% and Adjusted EBITDA of $1,915 to $1,975 million.
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Ingersoll Rand Scores Big: Execution of Industry-Leading Sustainability Strategy Drives Results

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Ingersoll Rand Inc. (IR) has been recognized for its sustainability efforts, achieving top rankings from CDP, the Dow Jones Sustainability Indices (DJSI), and Morningstar Sustainalytics. The company was named to the 'A List' by CDP, ranked #1 globally within the Machinery and Electrical Equipment industry by S&P Global, and received top ratings from Morningstar Sustainalytics. Ingersoll Rand's commitment to sustainability is evident through its low-risk rating and inclusion on the DJSI World and North America Indices for the second year in a row.
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Ingersoll Rand to Participate in Upcoming Investor Conferences

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Ingersoll Rand Inc. (IR) announced that its CEO, CFO, and senior VP will participate in fireside chats at upcoming investor conferences. The conferences include The Barclays Industrial Select Conference on February 21, 2024, and The Citi Global Industrial Tech and Mobility Conference on February 22, 2024. Real-time audio webcasts will be available for both events via the Ingersoll Rand Investor Relations website.
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Ingersoll Rand Acquires Friulair to Expand Air Treatment Capabilities

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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%.
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Ingersoll Rand Schedules Fourth Quarter 2023 Earnings Release and Conference Call

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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.
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Reminder: Ingersoll Rand to Host Investor and Analyst Day on November 30, 2023

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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.
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FAQ

What is the current stock price of Ingersoll-Rand (IR)?

The current stock price of Ingersoll-Rand (IR) is $84.78 as of February 28, 2025.

What is the market cap of Ingersoll-Rand (IR)?

The market cap of Ingersoll-Rand (IR) is approximately 33.5B.

What does Ingersoll Rand Inc. do?

Ingersoll Rand Inc. creates and sustains safe, comfortable, and efficient environments through its diverse portfolio, including brands like Club Car®, Ingersoll Rand®, Thermo King®, and Trane®.

What are the main business lines of Ingersoll Rand?

The company's main business lines are Industrial Technologies and Services, and Precision and Science Technologies.

What markets does Ingersoll Rand serve?

Ingersoll Rand serves various end markets, including industrial, medical, and energy sectors.

What products does Ingersoll Rand offer?

The company offers compression systems, blower and vacuum solutions, and fluid management systems.

How much revenue did Ingersoll Rand generate in 2023?

Ingersoll Rand generated approximately $6.9 billion in revenue in 2023.

What is Ingersoll Rand's commitment to sustainability?

Ingersoll Rand is committed to sustainable progress and enduring results, aiming to advance the quality of life globally.

What recent partnership has Ingersoll Rand announced?

Ingersoll Rand recently partnered with Inkbit™ to bring Vision-Controlled Jetting™ (VCJ) technology to market, revolutionizing product design and manufacturing.

Who is the CEO of Ingersoll Rand?

The Chairman and Chief Executive Officer of Ingersoll Rand is Vicente Reynal.

What are Ingersoll Rand's notable brands?

Notable brands under Ingersoll Rand include Club Car®, Ingersoll Rand®, Thermo King®, and Trane®.

Where can I read more about Ingersoll Rand's latest news?

You can read the latest news and updates on Ingersoll Rand's official website or on financial news platforms.
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Ingersoll-Rand Inc

NYSE:IR

IR Rankings

#315 Ranked by Market Cap
#2152 Ranked by Dividends

IR Stock Data

33.49B
401.57M
0.2%
101.08%
2.33%
Specialty Industrial Machinery
General Industrial Machinery & Equipment
Link
United States
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