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Banco Santander S.A. Increases Position in Ingersoll Rand Inc. $IR
Banco Santander S.A. significantly increased its stake in Ingersoll Rand Inc. by 537.8% in Q3, now owning 191,874 shares valued at approximately $15.85 million. This comes after Ingersoll Rand surpassed quarterly earnings estimates and provided optimistic FY2026 guidance, despite a “Hold” consensus rating and recent insider selling. The industrial products company also announced a quarterly dividend of $0.02 per share.