Nwam LLC Purchases New Position in Ingersoll Rand Inc. $IR

Nwam LLC has acquired a new position in Ingersoll Rand Inc. (NYSE:IR), purchasing 14,600 shares valued at approximately $1.2 million during the second quarter. Ingersoll Rand, with 95.27% institutional ownership, recently reported strong quarterly earnings, exceeding expectations with $0.86 EPS and $2.05 billion in revenue, an 8.5% year-over-year increase. Analysts maintain a "Moderate Buy" consensus with an average price target of $96.14, and the company also declared a quarterly dividend of $0