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Ingersoll Rand Inc. $IR Stock Position Lessened by Thrivent Financial for Lutherans
Thrivent Financial for Lutherans significantly reduced its stake in Ingersoll Rand Inc. by 85.6% during the third quarter, selling 163,858 shares. Despite this, several other institutional investors increased their positions in the company, though by much smaller margins. The industrial products company’s stock currently holds a “Hold” consensus rating from analysts with an average price target of $92.13.