Causeway Capital Management opened a $21.9M position in INGERSOLL RAND INC
Sarah Ketterer of Causeway Capital Management has added a significant new position in INGERSOLL RAND INC, with a value of $21.9 million. The filing was made on 2025-08-13 and reflects holdings as of 2025-06-30.
New Investment Highlights
Causeway Capital Management has revealed a new investment in INGERSOLL RAND INC, marking a strategic move in the Industrials sector. The position, valued at $21.9 million, represents 262,774 shares and constitutes 0.35% of their portfolio as of the filing date on 2025-08-13.
Significance of the Position
This investment underscores Causeway Capital Management's focus on identifying opportunities within key industrial segments. INGERSOLL RAND INC, a leading global provider of mission-critical flow and motion control technologies, has demonstrated resilience in its operations, making it an attractive addition to their portfolio.
Portfolio Strategy
The inclusion of INGERSOLL RAND INC reflects Causeway Capital Management's approach to diversification and strategic allocation. With a 0.35% weighting, the position suggests a targeted investment rather than a core holding, aligning with their risk management strategies.
Market Context
The Industrials sector has shown signs of recovery post-recession, with companies like INGERSOLL RAND INC benefiting from increased demand for infrastructure and industrial solutions. This move by Causeway Capital Management highlights their confidence in the sector's growth potential while maintaining a balanced portfolio approach.