T. Rowe Price Associates Reports New 5.2% Stake in Ingersoll-Rand Inc.

On May 15, 2026, T. Rowe Price Associates, Inc. filed a Schedule 13G with the SEC, disclosing a new 5.2% ownership stake in Ingersoll-Rand Inc. (IR). As of the event date on March 31, 2026, the Maryland-based investment adviser reported beneficial ownership of 20,340,362 shares of common stock. The filing indicates that T. Rowe Price has sole dispositive power over the entire 20,340,362 shares and sole voting power over 19,904,108 shares. This position represents a significant increase from a previously reported 0% stake, crossing the 5% regulatory threshold. The securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The total value of the holdings is estimated at approximately $1.43 billion based on the filing data. This move establishes T. Rowe Price as a major institutional shareholder in the industrial manufacturing company.