<div id="readability-page-1"><p>BLVD Private Wealth LLC purchased a new stake in shares of  Ingersoll Rand Inc. (NYSE:IR - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 88,245 shares of the industrial products company's stock, valued at approximately $7,340,000. Ingersoll Rand comprises about  6.9% of BLVD Private Wealth LLC's investment portfolio, making the stock its 2nd biggest position.</p><div><p><span></span><span>Get <strong>Ingersoll Rand</strong> alerts:</span></p></div><ul><li>4 High-Yield Real Estate Stocks to Buy as Investors Get Defensive</li></ul><p>Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in  Ingersoll Rand by 1.9% during the 2nd quarter. Vanguard Group Inc. now owns 47,128,533 shares of the industrial products company's stock worth $3,920,151,000 after acquiring an additional 859,062 shares during the last quarter.  Price T Rowe Associates Inc. MD increased its holdings in  Ingersoll Rand by 10.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 19,198,593 shares of the industrial products company's stock valued at $1,536,464,000 after purchasing an additional 1,849,030 shares during the period.  T. Rowe Price Investment Management Inc. raised its position in  Ingersoll Rand by 28.8% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 17,826,488 shares of the industrial products company's stock worth $1,426,654,000 after purchasing an additional 3,989,643 shares during the last quarter.  State Street Corp lifted its holdings in  Ingersoll Rand by 1.5% during the 2nd quarter. State Street Corp now owns 16,514,718 shares of the industrial products company's stock worth $1,373,694,000 after buying an additional 239,779 shares during the period.  Finally, Franklin Resources Inc. grew its position in shares of  Ingersoll Rand by 4.5% in the 2nd quarter. Franklin Resources Inc. now owns 13,297,463 shares of the industrial products company's stock valued at $1,106,083,000 after buying an additional 574,437 shares during the last quarter. Institutional investors and hedge funds own  95.27% of the company's stock. </p><h2>Insider Activity</h2><p>In related news, CAO Michael J. Scheske sold 1,477 shares of the company's stock in a transaction on Monday, December 1st. The shares were sold at an average price of $80.63, for a total value of $119,090.51. Following the completion of the transaction, the chief accounting officer directly owned 12,153 shares in the company, valued at approximately $979,896.39. The trade was a 10.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is accessible through the SEC website. Corporate insiders own  0.59% of the company's stock. </p><h2>Ingersoll Rand Price Performance</h2><ul><li>Picks &amp; Shovels: Investing in the Physical Foundation of AI</li></ul><p>Shares of NYSE:IR opened at $81.74 on Friday. Ingersoll Rand Inc. has a 12 month low of $65.61 and a 12 month high of $102.04. The company has a current ratio of 2.16, a quick ratio of 1.51 and a debt-to-equity ratio of 0.47. The stock has a market cap of $32.30 billion, a P/E ratio of 60.55, a P/E/G ratio of 5.28 and a beta of 1.33. The company has a 50 day moving average of $78.35 and a 200 day moving average of $80.82. </p><p>Ingersoll Rand (NYSE:IR - Get Free Report) last announced its quarterly earnings results on Thursday, October 30th. The industrial products company reported $0.86 EPS for the quarter, missing the consensus estimate of $0.87 by ($0.01). Ingersoll Rand had a net margin of 7.31% and a return on equity of 12.14%. The firm had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.95 billion. During the same period in the previous year, the business earned $0.84 earnings per share. The firm's revenue for the quarter was up 5.1% on a year-over-year basis. Ingersoll Rand has set its FY 2025 guidance at 3.250-3.310 EPS.  As a group, sell-side analysts forecast that  Ingersoll Rand Inc. will post 3.32 EPS for the current fiscal year. </p><h2>Ingersoll Rand Dividend Announcement</h2><ul><li>MarketBeat Week in Review – 07/21 - 07/25</li></ul><p>The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th were given a dividend of $0.02 per share. The ex-dividend date was Thursday, November 13th. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. Ingersoll Rand's dividend payout ratio (DPR) is 5.93%. </p><h2>Analysts Set New Price Targets</h2><p>A number of analysts have weighed in on IR shares. Weiss Ratings  reissued a &#34;hold (c)&#34; rating on shares of Ingersoll Rand in a research report on Monday, December 8th. Robert W. Baird lowered their target price on shares of Ingersoll Rand from $103.00 to $100.00 and set an &#34;outperform&#34; rating for the company in a research note on Monday, November 3rd. Wells Fargo &amp; Company boosted their target price on shares of Ingersoll Rand from $83.00 to $95.00 and gave the company an &#34;overweight&#34; rating in a report on Monday, October 6th. Zacks Research downgraded Ingersoll Rand from a &#34;hold&#34; rating to a &#34;strong sell&#34; rating in a report on Thursday, November 13th. Finally, Citigroup boosted their price objective on Ingersoll Rand from $91.00 to $94.00 and gave the company a &#34;buy&#34; rating in a research note on Monday, December 8th. Four equities research analysts have rated the stock with a Buy rating, six have issued  a Hold rating and one  has given a Sell rating to the stock. According to data from MarketBeat, Ingersoll Rand presently has an average rating of &#34;Hold&#34; and an average price target of $91.22.</p><p><b>Check Out Our Latest Stock Analysis on Ingersoll Rand</b></p><h2>Ingersoll Rand Company Profile</h2> (Free Report)<p>Ingersoll Rand Inc provides various mission-critical air, gas, liquid, and solid flow creation technologies services and solutions worldwide. It operates through two segments, Industrial Technologies and Services, and Precision and Science Technologies. The Industrial Technologies and Services segment designs, manufactures, markets, and services air and gas compression, vacuum, and blower products; fluid transfer equipment and loading systems; and power tools and lifting equipment, including associated aftermarket parts, consumables, air treatment equipment, controls, other accessories, and services under the under the Ingersoll Rand, Gardner Denver, Nash, CompAir, Elmo Rietschle brands, etc.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Ingersoll Rand</li><li>What Investors Need to Know About Upcoming IPOs</li><li>Disney's $1 Billion Deal Brings Its Magic to OpenAI</li><li>What is MarketRank™? How to Use it</li><li>Why Amazon Could Be a $300 Stock Within Weeks</li><li>What is the Nasdaq? Complete Overview with History</li><li>Adobe Gets Post-Earnings Lift: Long-Term Outlook Favors Upside</li></ul><p><strong>Want to see what other hedge funds are holding IR?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ingersoll Rand Inc. (NYSE:IR - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUlS?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUlS"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Ingersoll Rand Right Now?</h2><p>Before you consider Ingersoll Rand, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ingersoll Rand wasn't on the list.</p><p>While Ingersoll Rand currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>BLVD Private Wealth LLC acquired 88,245 shares of Ingersoll Rand Inc., valued at $7.34 million, making it the fund's 2nd largest position. Other major investors like Vanguard and T. Rowe Price also increased their holdings. Ingersoll Rand reported $1.96 billion in revenue for Q3, slightly missing EPS estimates. The company announced a $0.02 quarterly dividend, with a 0.1% yield. Analysts have set new price targets for the stock.</p>

BLVD Private Wealth LLC Acquires New Position in Ingersoll Rand Inc. $IR