ClearBridge Adds Ingersoll Rand to Its Growth Strategy
The investment manager cited recurring aftermarket revenue and exposure to automation, energy efficiency and data center infrastructure.
Key takeaways
- ClearBridge added Ingersoll Rand in the third quarter of 2026.
- The manager cited recurring aftermarket revenue and data center infrastructure exposure.
ClearBridge Investments added Ingersoll Rand to its Large Cap Growth Strategy in the third quarter of 2026, describing the industrial company as a high-quality compounder.
The manager cited recurring aftermarket revenue and exposure to automation, energy efficiency and data center infrastructure. It said it was optimistic about growth in the compressor business, pointing to resilient industrial-sector growth despite macro headwinds from the Iran conflict.
Ingersoll Rand closed at $79.21 on Oct. 6, according to the article. As of 13:50 UTC on Oct. 7, shares traded at $77.585, down 2.06% since the previous close.
This article was produced with the help of AI technology. Source: Yahoo Finance
