Weitz Large Cap Equity Fund Backs Ingersoll Rand (IR) on Earnings Setup

2 hours ago 6

Soumya Eswaran

Wed, May 13, 2026 astatine 8:19 AM CDT 3 min read

Weitz Investment Management, an concern absorption firm, released its “Large Cap Equity Fund” first-quarter 2026 capitalist letter. A transcript of the missive tin beryllium downloaded here. The Fund’s Institutional Class returned -12.04% successful the quarter, compared to -4.22% for the Bloomberg U.S. 1000 Index. Despite caller show challenges, the Fund maintains a affirmative outlook connected its holding companies' maturation and concern values. The steadfast anticipates improved returns successful the future, though caller results person been frustrating. The Fund continues to absorption connected its champion ideas and plans to actively reshape the portfolio successful effect to marketplace conditions, perchance expanding currency levels much than successful caller years. In addition, delight cheque the Strategy’s apical 5 holdings to cognize its champion picks successful 2026.

In its first-quarter 2026 capitalist letter, Weitz Investment Large Cap Equity Fund highlighted stocks similar Ingersoll Rand Inc. (NYSE:IR). Ingersoll Rand Inc. (NYSE:IR) is an concern machinery institution that provides mission-critical air, fluid, cleanable energy, and aesculapian technologies services and solutions. On May 12, 2026, Ingersoll Rand Inc. (NYSE:IR) closed astatine $73.21 per share. One-month instrumentality of Ingersoll Rand Inc. (NYSE:IR) was -12.21%, and its shares mislaid 12.05% implicit the past 52 weeks. Ingersoll Rand Inc. (NYSE:IR) has a marketplace capitalization of $28.65 billion.

Weitz Investment Large Cap Equity Fund stated the pursuing regarding Ingersoll Rand Inc. (NYSE:IR) successful its Q1 2026 capitalist letter:

"We besides added caller positions successful Ingersoll Rand Inc. (NYSE:IR) and HEICO precocious successful the quarter. We person followed some businesses intimately for years. Ingersoll is simply a multi-industrial institution led by a top-tier absorption team, with diversified vulnerability to an array of charismatic extremity markets. We liked the net setup with their abbreviated rhythm concern segments improving, and their longer rhythm backlog remaining resilient."

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