Core Insights - Parnassus Mid Cap Fund outperformed the Russell Midcap Index in Q4 2025, returning 1.17% net of fees compared to the index's 0.16% [1] - The fund's year-to-date return is 12.85% net of fees, exceeding the index's 10.60% [1] - The fund is optimistic about mid-cap stocks driving market growth in 2026, particularly as economic expansion moves beyond artificial intelligence [1] Company Insights - Ingersoll Rand Inc. (NYSE:IR) is highlighted as a key investment, focusing on air, fluid, clean energy, and medical technologies [2] - As of March 30, 2026, Ingersoll Rand's share price was $76.94, with a one-month return of -15.95% and a 52-week loss of 4.55% [2] - Ingersoll Rand has a market capitalization of $30.13 billion [2] Industry Insights - The U.S. manufacturing sector has been in a down-cycle, but Ingersoll Rand is expected to benefit from a recovery as the Federal Reserve lowers interest rates and construction megaprojects progress [3] - The company manufactures essential equipment, including air compressors and pumps, positioning it well for potential revenue growth [3] - Ingersoll Rand is not among the 40 most popular stocks among hedge funds, with 37 hedge fund portfolios holding its shares at the end of Q4 2025, down from 46 in the previous quarter [4]

Core Insights - Envestnet Asset Management Inc. increased its stake in Ingersoll Rand by 3.7% in Q3, owning 282,175 shares valued at approximately $23.31 million [2] - Institutional investors collectively own 95.27% of Ingersoll Rand's stock, indicating strong institutional interest [3] Institutional Activity - NewSquare Capital LLC raised its holdings by 150.7% in Q2, now owning 341 shares valued at $28,000 [3] - Grey Fox Wealth Advisors LLC and Heartwood Wealth Advisors LLC each purchased new stakes worth approximately $36,000 in Q3 [3] - Westside Investment Management Inc. doubled its holdings by 100% in Q3, now owning 464 shares valued at $39,000 [3] - Gladwyn Financial Advisors Inc. acquired a new stake worth approximately $42,000 in Q2 [3] Insider Transactions - Vicente Reynal sold 440 shares at an average price of $100.00, totaling $44,000, reducing ownership by 0.19% [4] - CAO Michael J. Scheske sold 1,477 shares at an average price of $80.63, totaling $119,090.51, reducing ownership by 10.84% [4] - In the last 90 days, insiders sold 292,917 shares worth $26.75 million, with insiders owning 0.59% of the stock [4] Financial Performance - Ingersoll Rand reported Q4 EPS of $0.96, exceeding estimates of $0.90, with revenue of $2.09 billion, up 10.1% year-over-year [6] - The company has set FY 2026 EPS guidance at 3.450-3.570, with analysts forecasting 3.32 EPS for the current fiscal year [6] Dividend Information - A quarterly dividend of $0.02 per share will be paid on March 26, representing an annualized dividend of $0.08 and a yield of 0.1% [7] Market Performance - Ingersoll Rand's stock opened at $98.43, with a market cap of $38.89 billion, a PE ratio of 67.88, and a 52-week range of $65.61 to $100.96 [5] - The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.51, and a current ratio of 2.16 [5] Analyst Ratings - Citigroup raised its target price from $94.00 to $98.00, maintaining a "buy" rating [8] - Robert W. Baird lowered its target price from $103.00 to $100.00, rating the stock as "outperform" [8] - The average rating for Ingersoll Rand is "Hold" with a consensus price target of $92.13 [8]