Capital Research Global Investors Acquires 7.5% Stake in Ingersoll-Rand, Inc.
Capital Research Global Investors (CRGI) filed a Schedule 13G on May 14, 2026, reporting a significant new ownership position in Ingersoll-Rand, Inc. (IR). As of the event date on March 31, 2026, CRGI disclosed beneficial ownership of 29,501,100 shares of common stock, representing a 7.5% stake in the company. The filing indicates that CRGI holds sole dispositive power over all 29,501,100 shares and sole voting power over 29,445,444 shares. CRGI is a division of Capital Research and Management Company (CRMC) and its various investment management subsidiaries. The securities were acquired in the ordinary course of business, and the filing includes a certification that the shares were not acquired for the purpose of changing or influencing the control of the issuer. This filing marks a notable increase from a previous 0% ownership level, establishing CRGI as a major institutional shareholder in the industrial manufacturing company. The total value of the reported position is approximately $2.12 billion based on the provided data.