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Vancouver, British Columbia--(Newsfile Corp. - April 14, 2026) - Naughty Ventures Corp. (CSE: BAD) (FSE: 5DE0) (OTC Pink: BADVF) ("Naughty Ventures" or the "Company") is pleased to highlight the recent drill results announced by Metalsource Mining Inc. (CSE: MSM) (OTCQB: MSMMF) ("Metalsource"), in which the Company currently holds 3.4 million shares. Metalsource has reported encouraging initial drill results from its North Carolina polymetallic project, including a high-grade intercept of 48.04 grams per tonne gold equivalent over 12.62 metres. The Company views these results as a strong indication of the project's potential and believes they represent an important step forward in advancing the asset.

"We are very encouraged by these initial results from Metalsource," said Blair Naughty, CEO of Naughty Ventures. "Intercepts of this grade and scale are rare and reinforce our belief that this project has the potential to evolve into something meaningful. We look forward to remaining a significant shareholder as Metalsource continues to advance this project."

The Company also highlights anticipated drill results from Sorrento Resources Ltd. (CSE: SRS) (OTCQB: SRSLF) (FSE: Z9L), in which Naughty Ventures currently holds approximately 9 million shares, with an additional 8 million shares expected to be earned over time under existing agreements.

Sorrento recently completed drilling on projects of interest to Naughty Ventures. At the Bottom Brook rare earth elements property in Newfoundland, Sorrento drilled 10 holes for a total of 1,514m. Assay results are anticipated in the coming weeks. Following this program, Sorrento advanced drilling at its Rodgers Cove gold project, where the company has released multiple updates reporting sulfide zones with visible gold.

The Rodgers Cove project is situated along the Appleton Fault Zone in Newfoundland, in proximity to active regional exploration, which underscores the area's exploration potential.

"With multiple active programs underway across our portfolio, we believe the coming weeks and months represent a meaningful period of news flow for Naughty Ventures," added Mr. Naughty. "We look forward to continued updates from both Metalsource and Sorrento as these companies advance their respective projects."

About Naughty Ventures Corp.

Naughty Ventures Corp. is a Canadian venture investment and mineral exploration company focused on early-stage mineral projects with significant discovery potential. Naughty Ventures is focused on acquiring, developing and strategically positioning mineral assets with strong value potential as well as investing in private and public companies with significant potential, exceptional management and/or high growth potential that may be strategically positioned in the global market. The Company is committed to identifying and advancing the world's next great mineral assets.

Naughty Ventures Corp. - BAD Come to Find the World's Next Mine.

On Behalf of the Board of Directors,

"Blair Naughty"

CEO and President

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Readers are cautioned not to place undue reliance on forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/292364

Source: Naughty Ventures Corp.

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On April 17, 2026, MSC Industrial Direct Co Inc (MSM) shares rose 3.6% today to a price of $97.52. The stock has demonstrated strong performance, trading within

Vancouver, British Columbia--(Newsfile Corp. - May 22, 2026) - Metalsource Mining Inc. (CSE: MSM) (OTCQB: MSMMF) (FSE: E9Z) (the "Company" or "Metalsource") the Company has granted an aggregate 2,325,000 stock options, exercisable at $1.60 per share and valid for a term of two years, and an aggregate 500,000 restricted share units, valid for a term of two years, to consultants of the Company. The stock options and restricted share units are issued pursuant to the Company's share compensation plans and are subject to a statutory hold period of four months and one day from issuance.

About Metalsource Mining Inc.

Metalsource Mining Inc. is a Canadian mineral exploration company focused on advancing high-potential mineral assets through modern, systematic exploration and value-driven discovery.

For further information, please contact:
Joe Cullen CEO - Metalsource Mining Inc.
Tel: (778) 919-8615
Email: [email protected]

Cautionary Note About Forward-Looking Statements
This news release may include forward-looking statements that are subject to risks and uncertainties. By its nature, this information is subject to ‎‎inherent risks and ‎‎uncertainties that may be general or specific and which give rise to the possibility that ‎‎expectations, ‎‎forecasts, predictions, projections, or conclusions will not prove to be accurate, that ‎‎assumptions may not ‎‎be correct, and that objectives, strategic goals and priorities will not be achieved. ‎‎These risks and ‎‎uncertainties include but are not limited those identified and reported in the Company's ‎‎public filings ‎‎under the Company's SEDAR profile at www.sedarplus.ca. Although the Company has ‎‎attempted to identify ‎‎important factors that could cause actual actions, events, or results to differ ‎‎materially from those ‎‎described in forward-looking information, there may be other factors that cause ‎‎actions, events or ‎‎results not to be as anticipated, estimated or intended. There can be no assurance that ‎‎such information ‎‎will prove to be accurate as actual results and future events could differ materially from ‎‎those ‎‎anticipated in such statements. The Company disclaims any intention or obligation to update or ‎‎revise any ‎‎forward-looking information, whether as a result of new information, future events or ‎‎otherwise unless ‎‎required by law.‎

Neither the CSE nor the Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298664

Source: Metalsource Mining Inc.

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Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Has MSC Industrial (MSM - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.

MSC Industrial is a member of our Industrial Products group, which includes 181 different companies and currently sits at #4 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. MSC Industrial is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for MSM's full-year earnings has moved 0.7% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Based on the latest available data, MSM has gained about 33% so far this year. Meanwhile, the Industrial Products sector has returned an average of 12.5% on a year-to-date basis. This shows that MSC Industrial is outperforming its peers so far this year.

Another stock in the Industrial Products sector, Sandvik AB (SDVKY - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 23.7%.

The consensus estimate for Sandvik AB's current year EPS has increased 12.5% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Looking more specifically, MSC Industrial belongs to the Industrial Services industry, a group that includes 16 individual stocks and currently sits at #153 in the Zacks Industry Rank. This group has gained an average of 4.4% so far this year, so MSM is performing better in this area.

On the other hand, Sandvik AB belongs to the Manufacturing - Tools & Related Products industry. This 8-stock industry is currently ranked #169. The industry has moved +1.9% year to date.

Going forward, investors interested in Industrial Products stocks should continue to pay close attention to MSC Industrial and Sandvik AB as they could maintain their solid performance.

Key Takeaways Selective Insurance sees premium growth from strong retention and gains in standard and E&S lines. SIGI expects $465M after-tax net investment income in 2026, driven by portfolio returns. Selective Insurance maintains strong capital, boosting dividends and share buybacks confidence. Selective Insurance Group, Inc. (SIGI - Free Report) shares are trading at a discount compared to the Zacks Property and Casualty Insurance industry. Its forward price-to-book value of 1.35X is lower than the industry average of 1.39X, the Finance sector’s 4.07X and the Zacks S&P 500 Composite’s 7.86X. The insurer has a Value Score of A.

Shares of RenaissanceRe Holdings Ltd. (RNR - Free Report) , NMI Holdings Inc. (NMIH - Free Report) and Axis Capital Holdings Limited (AXS - Free Report) are also trading at a discount to the industry average.

Image Source: Zacks Investment Research

The insurer has a market capitalization of $4.62 billion. The average volume of shares traded in the last three months was 0.5 million.

SIGI Price PerformanceShares of Selective Insurance have lost 14.2% in the past year compared with the industry’s decline of 6.3% in the same time frame.

Image Source: Zacks Investment Research

SIGI’s Growth Projection EncouragesThe Zacks Consensus Estimate for Selective Insurance’s 2026 earnings per share indicates a year-over-year increase of 5.8%. The consensus estimate for revenues is pegged at $5.59 billion, implying a year-over-year improvement of 4.9%. The consensus estimate for 2027 earnings per share and revenues indicates an increase of 12.7% and 4.9%, respectively, from the 2026 estimates.

Selective Insurance has an impressive Growth Score of B. This style score helps analyze the growth prospects of a company.

Target Price Reflects Potential UpsideBased on short-term price targets offered by seven analysts, the Zacks average price target is $88.43 per share. The average indicates a potential 15.5% upside from the last closing price.

Factors Favoring SIGI StockExposure growth, solid retention rates and higher new business gains in standard commercial and excess and surplus (E&S) lines should drive premium growth.

Steady betterment of premiums, improved net investment income and higher other income have resulted in top-line improvement. 
The E&S Lines segment of Selective Insurance is likely to improve because of renewal pure price increases, higher direct new business and favorable E&S lines marketplace conditions.

Given impressive investment results, Selective Insurance expects after-tax net investment income of $465 million in 2026. Strong and reliable returns from its growing fixed-income portfolio, supported by higher returns from its non-fixed income portfolio, are likely to drive the metric.

Selective Insurance flaunts a sound capital structure and remains committed to enhancing shareholders' value while improving its financial strength and underwriting capabilities. SIGI's capital remains strong with $3.6 billion of GAAP equity as well as statutory surplus as of Dec. 31, 2025, and a book value per share increase of 18% year over year. The company's strong operating cash flow provides ample financial flexibility to support organic growth plans and execute its strategic initiatives. It remains well-positioned to continue executing on the strategic objectives and delivering growth and profitability.

Impressive Wealth DistributionRiding on a solid capital position, Selective Insurance has been hiking dividends, which witnessed a 10-year CAGR (2015-2024) of about 10%, banking on strong financial and operating performance. In 2025, Selective Insurance repurchased shares for $85.4 million and had $170 million remaining under authorization as of Dec. 31, 2025. Such steadfast endeavors raise investor confidence, making it an attractive pick for yield-seeking investors. Its dividend yield of 2% appears attractive compared with the industry average of 0.2%.

SIGI’s Favorable Return on CapitalReturn on equity in the trailing 12 months was 14.2%, better than the industry average of 7.2%. This highlights the company’s efficiency in utilizing shareholders’ funds.

ConclusionWhile Selective Insurance remains well-positioned to gain from strong renewal, fuel price increases, favorable E&S lines marketplace conditions and higher income earned on fixed-income securities portfolio, the specific challenges facing the company, like exposure to catastrophe loss and escalating expenses, cannot be ignored.

SIGI also has a VGM Score of A. Stocks with a favorable VGM Score are those with the most attractive value, best growth and most promising momentum compared with peers.

SIGI should benefit from favorable growth estimates, higher return on capital and prudent capital deployment. It is, therefore, wise to hold on to this Zacks Rank #3 (Hold) stock at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Shares of Selective Insurance Group, Inc. (NASDAQ: SIGI - Get Free Report) have received a consensus rating of "Hold" from the seven brokerages that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating on

Wall Street expects a year-over-year decline in earnings on higher revenues when Selective Insurance (SIGI - Free Report) reports results for the quarter ended March 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The earnings report, which is expected to be released on April 22, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis insurance holding company is expected to post quarterly earnings of $1.73 per share in its upcoming report, which represents a year-over-year change of -1.7%.

Revenues are expected to be $1.37 billion, up 6.9% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 2.49% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Selective Insurance?For Selective Insurance, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +5.78%.

On the other hand, the stock currently carries a Zacks Rank of #4.

So, this combination makes it difficult to conclusively predict that Selective Insurance will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Selective Insurance would post earnings of $2.24 per share when it actually produced earnings of $2.57, delivering a surprise of +14.73%.

Over the last four quarters, the company has beaten consensus EPS estimates just once.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Selective Insurance doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

An Industry Player's Expected ResultsAmong the stocks in the Zacks Insurance - Property and Casualty industry, Chubb (CB - Free Report) , is soon expected to post earnings of $6.46 per share for the quarter ended March 2026. This estimate indicates a year-over-year change of +75.5%. This quarter's revenue is expected to be $14.85 billion, up 8.7% from the year-ago quarter.

Over the last 30 days, the consensus EPS estimate for Chubb has remained unchanged. Nevertheless, the company now has an Earnings ESP of +2.26%, reflecting a higher Most Accurate Estimate.

When combined with a Zacks Rank of #3 (Hold), this Earnings ESP indicates that Chubb will most likely beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Selective Insurance (SIGI - Free Report) came out with quarterly earnings of $1.69 per share, missing the Zacks Consensus Estimate of $1.73 per share. This compares to earnings of $1.76 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -2.31%. A quarter ago, it was expected that this insurance holding company would post earnings of $2.24 per share when it actually produced earnings of $2.57, delivering a surprise of +14.73%.

Over the last four quarters, the company has surpassed consensus EPS estimates just once.

Selective Insurance, which belongs to the Zacks Insurance - Property and Casualty industry, posted revenues of $1.37 billion for the quarter ended March 2026, missing the Zacks Consensus Estimate by 0.46%. This compares to year-ago revenues of $1.29 billion. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Selective Insurance shares have lost about 3.3% since the beginning of the year versus the S&P 500's gain of 3.2%.

What's Next for Selective Insurance?While Selective Insurance has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Selective Insurance was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.65 on $1.39 billion in revenues for the coming quarter and $7.71 on $5.6 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Insurance - Property and Casualty is currently in the top 24% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Arch Capital Group (ACGL - Free Report) , another stock in the same industry, has yet to report results for the quarter ended March 2026. The results are expected to be released on April 28.

This property and casualty insurer is expected to post quarterly earnings of $2.45 per share in its upcoming report, which represents a year-over-year change of +59.1%. The consensus EPS estimate for the quarter has been revised 0.8% lower over the last 30 days to the current level.

Arch Capital Group's revenues are expected to be $4.67 billion, up 2.4% from the year-ago quarter.

Key Takeaways SIGI's Q1 EPS of $1.69 missed estimates, down 11% YoY on higher catastrophe losses and weak underwriting. SIGI saw revenues rise 6% to $1.3 billion, aided by higher premiums and 18% jump in investment income. SIGI's underwriting income fell 53% as the combined ratio worsened, while catastrophe losses climbed sharply. Selective Insurance Group (SIGI - Free Report) reported first-quarter 2026 operating income of $1.69 per share, which missed the Zacks Consensus Estimate by 2.3%. The bottom line decreased 11% year over year.

The company’s quarterly performance reflects significantly higher catastrophe losses and weaker underwriting, partially offset by strong investment income tailwinds.

Behind the HeadlinesOperating revenues of $1.4 billion increased 6.4% from the year-ago quarter’s level, driven primarily by higher net premiums earned and net investment income. However, the top line misses the Zacks Consensus Estimate by 0.5%.

Underwriting income of $17 million declined 53% year over year, caused by higher catastrophe losses and an increased loss ratio.

The combined ratio deteriorated 220 basis points year over year to 98.3. The Zacks Consensus Estimate was 98.3, while our estimate was 98.1

Total expenses rose 7% year over year to $1.2 billion, mainly due to loss expenses incurred, corporate expenses and other expenses. The figure was on par with our estimate.

Segmental ResultsStandard Commercial Lines’ NPW was down 1% year over year to $992.4 million, due to lower new business. This was below our estimate of $908.4 million.

The combined ratio was 100.2, deteriorating by 380 basis points year over year. The Zacks Consensus Estimate was 99, while our estimate was 98.1.

Standard Personal Lines’ NPW declined 6% year over year to $82.5 million, reflecting reduced new business volume, while underwriting performance improved meaningfully. The average renewal price rose 10.1%, and retention was 78%. The figure was below our estimate of $89.6 million.

The combined ratio was 92.8, improved significantly by 520 basis points. The Zacks Consensus Estimate was pegged at 101, while our estimate was 106.5.

Excess & Surplus Lines’ NPW rose 1% year over year to $150.7 million, driven by average renewal pure price increases of 4.1%. Our estimate was $174 million.

The combined ratio was 89.5, improving 300 basis points year over year. The Zacks Consensus Estimate was pegged at 87.2, while our estimate was 90.1.

Financial UpdateSelective Insurance exited the first quarter of 2026 with total assets of $15.3 billion, up 1% from the December-end 2025 level.

Long-term debt remained stable at $901.9 million, while adjusted book value per share rose 2% to $58.94 as of March 31, 2026.

Operating return on common equity in the first quarter was 12%, contracted 14.4% a year ago.

Share Repurchase and Dividend UpdateDuring the first quarter of 2026, the company repurchased shares worth $30 million.

A quarterly cash dividend of 43 cents per common share is payable on June 1, 2026, to its shareholders of record as of May 15.

2026 GuidanceSIGI estimates a GAAP combined ratio of 96.5-97.5.

Selective Insurance estimates after-tax net investment income of $465 million.

SIGI assumes no prior-year casualty reserve development.

The overall effective tax rate is expected to be around 21.5%.

Weighted average shares are estimated to be 60.5 million on a fully diluted basis.

Zacks RankSIGI currently has a Zacks Rank #4 (Sell).

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Performance of Other InsurersThe Travelers Companies, Inc. (TRV - Free Report) reported first-quarter 2026 core income of $7.71 per share, which beat the Zacks Consensus Estimate by 10.5%. The bottom line surged four folds year over year. Travelers’ total revenues remained flat from the year-ago quarter to $11.9 billion. The top-line figure missed the Zacks Consensus Estimate by 3.7%.

Net written premiums increased 2% year over year to a record $10.3 billion, driven by strong growth across Business Insurance and Bond & Specialty Insurance segments. Net investment income rose 8.4% year over year to $1 billion. The figure matched the Zacks Consensus Estimate.

The Progressive Corporation’s (PGR - Free Report) first-quarter 2026 earnings per share of $4.96 beat the Zacks Consensus Estimate by 2.5%. The bottom line increased 6.7% year over year.

Operating revenues grew 8.2% year over year to $22.3 billion driven by 8% higher net premiums earned, a 12.7% increase in net investment income, a 3.5% rise in fees and other revenues, and 13.5% higher service revenues. The top line missed the Zacks Consensus Estimate by 1.2%. Net premiums earned grew 8% to $20.9 billion. The reported figure beat the Zacks Consensus Estimate by 1.5%.

W.R. Berkley Corporation (WRB - Free Report) reported first-quarter 2026 operating income of $1.30 per share, which beat the Zacks Consensus Estimate by 15%. The bottom line increased 28.7% year over year. 

Total revenues were $3.7 billion, up 5% year over year, driven by higher net premiums earned, improved net investment income, higher revenues from non-insurance businesses and increased other income. The top line missed the consensus estimate by 0.28%. W.R. Berkley’s net premiums written were about $3.2 billion, up 1.3% year over year. The figure missed our estimate as well as the Zacks Consensus Estimate of $3.18 billion.

Posted by Defense World Staff on Apr 25th, 2026

Cwm LLC raised its position in Selective Insurance Group, Inc. (NASDAQ:SIGI – Free Report) by 103.6% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 27,039 shares of the insurance provider’s stock after buying an additional 13,757 shares during the quarter. Cwm LLC’s holdings in Selective Insurance Group were worth $2,262,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. Farther Finance Advisors LLC grew its holdings in Selective Insurance Group by 666.7% during the fourth quarter. Farther Finance Advisors LLC now owns 759 shares of the insurance provider’s stock worth $64,000 after acquiring an additional 660 shares during the period. Choreo LLC raised its holdings in shares of Selective Insurance Group by 5.2% in the fourth quarter. Choreo LLC now owns 3,867 shares of the insurance provider’s stock worth $327,000 after acquiring an additional 192 shares during the last quarter. Exchange Traded Concepts LLC raised its holdings in shares of Selective Insurance Group by 16.5% in the fourth quarter. Exchange Traded Concepts LLC now owns 11,784 shares of the insurance provider’s stock worth $986,000 after acquiring an additional 1,669 shares during the last quarter. Pallas Capital Advisors LLC raised its holdings in shares of Selective Insurance Group by 43.6% in the fourth quarter. Pallas Capital Advisors LLC now owns 4,475 shares of the insurance provider’s stock worth $374,000 after acquiring an additional 1,359 shares during the last quarter. Finally, Trust Point Inc. raised its holdings in shares of Selective Insurance Group by 8.4% in the fourth quarter. Trust Point Inc. now owns 7,683 shares of the insurance provider’s stock worth $643,000 after acquiring an additional 596 shares during the last quarter. 82.88% of the stock is owned by institutional investors and hedge funds.

Selective Insurance Group Stock Performance Shares of SIGI stock opened at $82.48 on Friday. Selective Insurance Group, Inc. has a one year low of $71.75 and a one year high of $91.63. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.32 and a current ratio of 0.30. The company has a 50 day moving average price of $79.66 and a 200 day moving average price of $80.95. The firm has a market capitalization of $4.94 billion, a price-to-earnings ratio of 11.28 and a beta of 0.26.

Selective Insurance Group (NASDAQ:SIGI – Get Free Report) last issued its earnings results on Wednesday, April 22nd. The insurance provider reported $1.69 earnings per share for the quarter, missing analysts’ consensus estimates of $1.81 by ($0.12). Selective Insurance Group had a net margin of 8.39% and a return on equity of 13.71%. The firm had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the previous year, the business posted $1.76 EPS. Selective Insurance Group’s revenue was up 5.7% compared to the same quarter last year. Sell-side analysts anticipate that Selective Insurance Group, Inc. will post 7.68 EPS for the current year.

Selective Insurance Group Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Friday, May 15th will be issued a dividend of $0.43 per share. The ex-dividend date is Friday, May 15th. This represents a $1.72 annualized dividend and a dividend yield of 2.1%. Selective Insurance Group’s payout ratio is presently 22.96%.

Analyst Upgrades and Downgrades SIGI has been the topic of several analyst reports. Keefe, Bruyette & Woods raised their price target on shares of Selective Insurance Group from $84.00 to $88.00 and gave the stock a “market perform” rating in a research note on Friday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Selective Insurance Group in a research note on Wednesday, March 25th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $95.00 price target on shares of Selective Insurance Group in a research note on Monday, March 23rd. Finally, Piper Sandler raised their price target on shares of Selective Insurance Group from $79.00 to $86.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. One research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Selective Insurance Group has a consensus rating of “Hold” and an average price target of $84.40.

Check Out Our Latest Report on Selective Insurance Group

Key Stories Impacting Selective Insurance Group Here are the key news stories impacting Selective Insurance Group this week:

Positive Sentiment: Analyst price-target increase — Keefe, Bruyette & Woods raised its SIGI target from $84 to $88 and kept a “market perform” rating, giving modest upside potential and signaling some confidence in the outlook. Article Title Positive Sentiment: Dividend announced — SIGI declared a $0.43 quarterly dividend (record May 15; pay June 1), supporting income-oriented investors (roughly a 2% yield). (Company announcement) Positive Sentiment: Reaffirmed 2026 targets — Management reiterated a GAAP combined ratio range of 96.5%–97.5% and after-tax net investment income guidance of $465M, providing some stability around financial targets despite a tougher casualty market. Article Title Neutral Sentiment: Top-line and investment income — Revenue was up year-over-year and investment income showed strong gains in Q1, which offsets some underwriting weakness. Article Title Neutral Sentiment: Market commentary and Q1 deep dive pieces offer context on margin discipline and portfolio moves amid competitive conditions. Article Title Negative Sentiment: EPS miss and underwriting pressure — Q1 EPS of $1.69 missed consensus (~$1.81); management cited catastrophe and underwriting headwinds. That miss is a primary reason investors are selling. Article Title Negative Sentiment: Claims inflation and reserve increases — Coverage: analysts highlight elevated loss picks, reserve charges and rising costs in commercial auto and general liability, which raise the risk of further underwriting deterioration. Article Title About Selective Insurance Group (Free Report)

Selective Insurance Group, Inc is an insurance holding company headquartered in Branchville, New Jersey. The organization traces its roots to a regional provider of property and casualty coverage and became a publicly traded holding company following its initial public offering in 1999. Since its formation, Selective has expanded through strategic acquisitions and organic growth initiatives to broaden its product offerings and strengthen its market position.

The company’s core business encompasses a broad range of property and casualty insurance products designed to serve both commercial and personal lines customers.

Featured Stories Five stocks we like better than Selective Insurance Group Want to see what other hedge funds are holding SIGI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Selective Insurance Group, Inc. (NASDAQ:SIGI – Free Report).

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Key Takeaways CINF's Q1 operating EPS of $2.10 beats estimates, improving from a $0.24 loss a year ago.Cincinnati Financial's revenues rises 12% on higher earned premiums and net investment income growth.CINF's underwriting income hits $115M as losses fall and combined ratio improves to 95.6. Cincinnati Financial Corporation's (CINF - Free Report) reported first-quarter 2026 operating income of $2.10 per share, which surpassed the Zacks Consensus Estimate by 8.8%. The bottom line improved significantly from a loss of 24 cents per share in the year-ago quarter.

Total operating revenues for the quarter were $2.9 billion, reflecting a 12% year-over-year increase. The figure, however, missed the Zacks Consensus Estimate by 0.7%.

Quarterly results benefited from strong premium growth, improved pricing, and higher net investment income, alongside a sharp reduction in losses and related expenses.

Operational UpdateEarned premiums climbed 11% year over year to $2.6 billion, driven by premium growth initiatives, price increases and higher insured exposures. The figure marginally missed the Zacks Consensus Estimate by 0.7%.

Net investment income, net of expenses, increased 14% year over year to $318 million, primarily due to a 12% rise in interest income from fixed-maturity securities and a 13% jump in equity portfolio dividends. The figure marginally beat the Zacks Consensus Estimate by 3.6%

Total benefits and expenses declined 6% year over year to $2.4 billion, mainly due to a 12% decrease in loss and loss expense.

In its property and casualty insurance business, CINF reported underwriting income of $115 million, which improved significantly from a loss of $298 million. The figure was below the Zacks Consensus Estimates of $129.7 million.

The combined ratio, a key measure of underwriting profitability, improved 1770 basis points year over year to 95.6, outperforming the consensus estimate of 96.3.

Quarterly Segment UpdateCommercial Lines Insurance: Total revenues of $1.2 billion increased 5% year over year, missing the Zacks Consensus Estimate by 1.2%. The upside was primarily driven by a 5% rise in earned premiums.

Underwriting income was $18 million, down 81% year over year. The combined ratio improved 670 basis points year over year to 98.6%. The Zacks Consensus Estimate was 96.3%.

Personal Lines Insurance: Total revenues of $875 million increased 25% year over year, driven by an 25% rise in earned premiums. The Zacks Consensus Estimate was $856 million.

Underwriting profit increased significantly year over year to $30 million from a loss of $357 million, surpassing the Zacks Consensus Estimate of $28 million. The combined ratio improved 5450 basis points year over year to 96.8%. The figure was on par with the Zacks Consensus Estimate.

Excess and Surplus Lines Insurance: Total revenues of $181 million grew 11% year over year, aided by an 11% increase in earned premiums. The Zacks Consensus Estimate was $185 million.

Underwriting profit increased 5% year over year to $21 million, significantly surpassing the Zacks Consensus Estimates of $14.1 million. The combined ratio deteriorated 100 basis points year over year to 89.3%. The Zacks Consensus Estimate was 92.7%.

Life Insurance: Total revenues were $140 million, up 8% year over year, driven by 6% higher earned premiums and 8% higher investment income, net of expenses.The Zacks Consensus Estimate was $136 million.

Total benefits and expenses increased 4% year over year to $107 million.

Financial UpdateAs of March 31, 2026, Cincinnati Financial reported total assets of $41.2 billion, up 0.5% from the 2025-end level.

Long-term debt was $791 million as of March 31, 2026, up 0.1% from the 2025-end level.

The company’s debt-to-capital ratio remained flat at 4.9% from the 2025-end level.

As of March 31, 2026, CINF’s book value per share decreased 0.7% year over year to $101.60.

Zacks RankCincinnati Financial currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Performance of Other InsurersThe Travelers Companies, Inc. (TRV - Free Report)   reported first-quarter 2026 core income of $7.71 per share, which beat the Zacks Consensus Estimate by 10.5%. The bottom line surged fourfold year over year. Travelers’ total revenues remained flat from the year-ago quarter to $11.9 billion. The top-line figure, however, missed the Zacks Consensus Estimate by 3.7%.

Net written premiums increased 2% year over year to a record $10.3 billion, driven by strong growth across Business Insurance and Bond & Specialty Insurance segments. Net investment income increased 8.4% year over year to $1 billion. The figure matched the Zacks Consensus Estimate.

The Progressive Corporation’s (PGR - Free Report) first-quarter 2026 earnings per share of $4.96 beat the Zacks Consensus Estimate by 2.5%. The bottom line increased 6.7% year over year.

Operating revenues grew 8.2% year over year to $22.3 billion driven by 8% higher net premiums earned, a 12.7% increase in net investment income, a 3.5% rise in fees and other revenues, and 13.5% higher service revenues. The top line missed the Zacks Consensus Estimate by 1.2%. Net premiums earned grew 8% to $20.9 billion. The reported figure beat the Zacks Consensus Estimate by 1.5%.

Selective Insurance Group (SIGI - Free Report) reported first-quarter 2026 operating income of $1.69 per share, which missed the Zacks Consensus Estimate by 2.3%. The bottom line decreased 11% year over year.

Operating revenues of $1.4 billion increased 6.4% from the year-ago quarter’s level, driven primarily by higher net premiums earned and net investment income. However, the top line missed the Zacks Consensus Estimate by 0.5%. Net premiums written decreased 1% to $1.3 billion. The figure was on par with our estimate.

It has been about a month since the last earnings report for Selective Insurance (SIGI - Free Report) . Shares have added about 7.5% in that time frame, outperforming the S&P 500.

But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Selective Insurance due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.

Selective Insurance Q1 Earnings Miss Estimates, Revenues Increase Y/Y

Selective Insurance Group reported first-quarter 2026 operating income of $1.69 per share, which missed the Zacks Consensus Estimate by 2.3%. The bottom line decreased 11% year over year.

The company’s quarterly performance reflects significantly higher catastrophe losses and weaker underwriting, partially offset by strong investment income tailwinds.

Behind the Headlines

Operating revenues of $1.4 billion increased 6.4% from the year-ago quarter’s level, driven primarily by higher net premiums earned and net investment income. However, the top line misses the Zacks Consensus Estimate by 0.5%.

On a year-over-year basis, net premiums written ("NPW") decreased 1% to $1.3 billion, due to a decline in standard personal lines and standard commercial lines. The figure was on par with our estimate.

After-tax net investment income increased 18% year over year to $113 million.

Underwriting income of $17 million declined 53% year over year, caused by higher catastrophe losses and an increased loss ratio.

The combined ratio deteriorated 220 basis points year over year to 98.3. The Zacks Consensus Estimate was 98.3, while our estimate was 98.1

Total expenses rose 7% year over year to $1.2 billion, mainly due to loss expenses incurred, corporate expenses and other expenses. The figure was on par with our estimate.

Segmental Results

Standard Commercial Lines’ NPW was down 1% year over year to $992.4 million, due to lower new business. This was below our estimate of $908.4 million.

The combined ratio was 100.2, deteriorating by 380 basis points year over year. The Zacks Consensus Estimate was 99, while our estimate was 98.1.

Standard Personal Lines’ NPW declined 6% year over year to $82.5 million, reflecting reduced new business volume, while underwriting performance improved meaningfully. The average renewal price rose 10.1%, and retention was 78%. The figure was below our estimate of $89.6 million.

The combined ratio was 92.8, improved significantly by 520 basis points. The Zacks Consensus Estimate was pegged at 101, while our estimate was 106.5.

Excess & Surplus Lines’ NPW rose 1% year over year to $150.7 million, driven by average renewal pure price increases of 4.1%. Our estimate was $174 million.

The combined ratio was 89.5, improving 300 basis points year over year. The Zacks Consensus Estimate was pegged at 87.2, while our estimate was 90.1.

Financial Update

Selective Insurance exited the first quarter of 2026 with total assets of $15.3 billion, up 1% from the December-end 2025 level.

Long-term debt remained stable at $901.9 million, while adjusted book value per share rose 2% to $58.94 as of March 31, 2026.

Operating return on common equity in the first quarter was 12%, contracted 14.4% a year ago.

Share Repurchase and Dividend Update

During the first quarter of 2026, the company repurchased shares worth $30 million.

A quarterly cash dividend of 43 cents per common share is payable on June 1, 2026, to its shareholders of record as of May 15.

2026 Guidance

SIGI estimates a GAAP combined ratio of 96.5-97.5.

Selective Insurance estimates after-tax net investment income of $465 million.

SIGI assumes no prior-year casualty reserve development.

The overall effective tax rate is expected to be around 21.5%.

Weighted average shares are estimated to be 60.5 million on a fully diluted basis.

How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a upward trend in estimates review.

VGM ScoresCurrently, Selective Insurance has a subpar Growth Score of D, a grade with the same score on the momentum front. However, the stock was allocated a grade of A on the value side, putting it in the top quintile for value investors.

Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Notably, Selective Insurance has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

VANCOUVER, British Columbia, June 03, 2026 (GLOBE NEWSWIRE) -- Highland Copper Company Inc. (TSXV: HI; OTCQB: HDRSF) ("Highland Copper" or “Highland” or the "Company") is pleased to provide an update on ongoing engineering and project optimization efforts at its Copperwood project (“Copperwood” or the “Project”) located in Michigan, U.S.A. The results of the optimization work, including the previously announced process plant redesign, are expected to be incorporated into an updated feasibility study (the “Updated FS”). This Updated FS will support project development planning and project financing initiatives.

Highlights:

Evaluating Lower Cut-off Grades to Expand Mineable Resources: Ongoing studies are assessing lower cut-off grades based on a long-term copper price of approximately US$4.80 per pound, with the potential to convert additional Measured and Indicated Mineral Resources into mineable reserves.Ore Sorting Technology to Unlock Additional Resource Potential: Bulk ore sorting technologies are being evaluated to potentially incorporate the Upper Copper Bearing Sequence ("UCBS") resource, which hosts 10.2 million tonnes in the Measured and Indicated category grading 1.1% copper into future mine plans, increasing operational flexibility and expanding the project's economic resource base.Geotechnical Studies Support Potential Mine Design Enhancements: Updated geotechnical interpretations, combined with conventional room-and-pillar mining methods, may enable optimization of mining heights and pillar dimensions while allowing dilution to be sourced from the mineralized hanging wall rather than the floor.Simplified Process Plant Design Expected to Enhance Project Economics: Building on previously announced metallurgical optimization work, the Updated FS is expected to incorporate a simplified process flowsheet designed to reduce secondary milling requirements, lower energy and reagent costs, decrease plant footprint, and most importantly, increase copper recoveries to 87.6%, relative to 86.0% in the 2023 Feasibility Study.Updated FS Targeted for Q1 2027: Given the improvement in long-term consensus copper prices since the 2023 Feasibility Study, the Updated FS is expected to incorporate revised Mineral Resources and Reserves, mine and process optimization initiatives, and updated capital and operating costs, reflecting the significant advancement of the Copperwood Project.Advancing Towards Project Financing: Front-End Engineering and Design (“FEED”) advancing toward 40% completion in 2026, positioning Copperwood for project financing and technical due diligence activities. Barry O’Shea, CEO of Highland Copper, stated, “As we continue our integrated mine plan review against a backdrop of significantly improved long-term consensus copper prices, we are encouraged by the opportunities to further optimize Copperwood through mine design, processing, and engineering enhancements. These initiatives have the potential to strengthen project economics and will be incorporated into the updated feasibility study. With Copperwood advancing toward a construction decision, the Project is entering an increasingly important stage of development at a time when few new copper projects are positioned to come online in the United States in the near term. As demand for domestically sourced critical minerals continues to grow, we believe Copperwood is strategically positioned to play an important role in the future U.S. copper supply chain.”

Integrated Mine Plan Review

Following the successful redesign of the process plant flow sheet, the current focus on engineering is an integrated mine plan review to evaluate potential optimizations to the mine plan, including revisions to cut-off grade assumptions and geotechnical parameters. The integrated mine plan review will also conclude on final design criteria and assumptions.

Evaluation of Reduced Cut-off Grade: At a long-term consensus copper price of approximately $4.80 per pound, Highland is evaluating Copperwood Mineral Resources and Reserves at reduced cut-off grades compared to cut-off grades applied in the Company’s 2023 Feasibility Study1. Early indications include the potential addition of Measured and Indicated Resources into the mine plan, although the impact of this change on Mineral Reserves has not yet been determined. The potential impact on Mineral Resources is consistent with the sensitivity analyses presented in the 2023 Feasibility Study.

Evaluation of the Upper Copper Bearing Sequence (UCBS): The Company is also evaluating the potential application of bulk ore sorting technologies to selectively reject lower-grade or barren material between the Lower Copper Bearing Sequence (“LCBS”) and Upper Copper Bearing Sequence (“UCBS”). The current Mineral Resource Estimate includes 54.2 million tonnes in the Measured and Indicated category at a 1.51% copper grade. Of this, the UCBS represents 10.2 million tonnes in the Measured and Indicated category at a 1.1% copper grade, none of which is included in the reserve mine plan. At a reduced cut-off, and with the benefit of bulk ore sorting, the UCBS may come into consideration from a mine plan perspective. This work remains preliminary in nature, and there is no certainty that such technologies will be implemented or that the UCBS may come into the mine plan.

Evaluation of Geotechnical Assumptions: As part of the integrated mine plan review, Highland is also reconsidering Copperwood’s geotechnical assumptions. Geotechnical investigations completed to date, including laboratory and field test work, which indicate that the previously assumed requirement to maintain a 30 cm beam of GLAM material may not be necessary. This interpretation, combined with the adoption of conventional room-and-pillar mining methods, may enable optimization of mining heights and pillar dimensions. It may also allow dilution from the mineralized hanging wall, rather than the floor. These design changes remain subject to ongoing engineering validation.

At the same time, Highland is reassessing productivity, ground support, and labor assumptions. The consolidated set of updated assumptions and final design criteria will be incorporated in the Updated FS.

Mineral Processing and Metallurgical Test Work

A metallurgical test work program completed in September 2025 evaluated alternative processing configurations and reagent schemes. Key highlights included:

Evaluation of a mill-float-mill-float (“MF2”) flowsheet incorporating a de-sliming stage;Reduction of mass reporting to secondary milling through rejection of up to approximately 25% of primary rougher tailings;Estimated comminution energy reductions of approximately 10% to 13.7%;Development of an optimized reagent scheme with the potential to reduce operating costs by up to $1.00 per tonne milled; andProjected average life-of-mine metallurgical performance, incorporating ultrafine flotation and the optimized flowsheet, is estimated at approximately 87.6% copper recovery (relative to 86.0% copper recovery in the 2023 FS) at a 25% concentrate grade. The simplified plant is anticipated to decrease overall footprint, reducing structural, civil, platework, piping and installation capital. A reduced footprint also naturally reduces environmental impact. The revised process flowsheet will be incorporated into the Update FS.

These projections are based on test work and engineering assumptions and have not yet been demonstrated under operating conditions. The Company notes that metallurgical recoveries are subject to variability and may differ from test work results.

Tailings Management

Following the metallurgical program, a tailings dewatering test work campaign was conducted at Responsible Mining Solutions Corp. (RMS) in Sudbury, Ontario. The results indicate that thickened tailings with a target density of approximately 55% solids by mass can be produced under test conditions.

The use of thickened tailings is being evaluated as part of the design of the Tailings Deposition Facility (“TDF”) and may reduce the overall TDF footprint, potentially reducing related earthwork cost during initial construction. Tailings thickeners also allow for increased process recovery water, reducing pumping costs from reclaim water pumps and water recirculation between the process plant and TDF. Overall, this potential change can reduce environmental impact and certain operational risks.

Updated Feasibility Study and Project Development

Given the scope of potential design changes and updated economic assumptions, the Company intends to prepare Updated FS results in Q1 2027. Through the remainder of 2026, Highland will conclude on remaining design criteria, and advance FEED to 40% for key work packages. The Updated FS is expected to include:

Updated Mineral Resources and Reserves estimates;Revised mine design and production schedule;Optimized process flow sheet incorporating Jameson cells;Potential reduction of TDF;Updated capital and operating cost estimates; andResults of ongoing engineering optimization work. An updated FS reflective of long-term consensus copper price, with FEED complete and design optimizations incorporated, will position Highland for the technical due diligence related to project financing.

Qualified Person

The scientific and technical information contained in this news release has been reviewed and approved by Trace Arlaud, a “Qualified Person” as defined under NI 43-101. Ms. Arlaud is a consultant to Highland Copper and serves as the Company's Project Director.

Approval of the process and tailings statement is based on previously QP Press Release by Dr. Wynand van Dyk dated September 4th, 2025.

About Highland Copper Company

Highland Copper Company Inc. is focused on developing the Copperwood Project in the Upper Peninsula of Michigan, U.S.A. The Company also owns surface rights securing access to the Copperwood deposit and providing space for infrastructure at Copperwood as required. The Company has 738,188,122 common shares issued and outstanding. Its common shares are listed on the TSX Venture Exchange under the symbol "HI" and trade on the OTCQB Venture Market under symbol "HDRSF".

More information about the Company is available on the Company's website at www.highlandcopper.com and on SEDAR+ at www.sedarplus.com.

Cautionary Note Regarding Forward-Looking Information

This news release contains “forward-looking statements” and “forward-looking information” (collectively “forward-looking statements”) within the meaning of applicable Canadian securities legislation. Forward-looking statements in this news release include, but are not limited to, statements regarding: Integrated Mine Plan Review, including the information regarding the evaluation of reduced cutoff grade, evaluation of the UCBS and evaluation of geotechnical assumptions, the potential implications of recently completed mineral processing and metallurgical test work, potential for thickening tailings and the potential implications of thickened tailings including reduced TDF footprint and reduced environmental impact; the timeline for, and potential results of, an Updated FS; the anticipated completion of FEED engineering and advancement to approximately 40% engineering; the results of the integrated mine plan review, including updates to cut-off grade, mining method, equipment strategy, and ground support design; and the assessment and potential implementation of drift and fill mining method and potential increased mine recoveries.

These forward-looking statements are based on certain key assumptions, that FEED engineering can be completed as planned and within budget; that the results of the integrated mine plan review, metallurgical and mining test work and tailings management improvements will result in improvements to the project economics; a positive Updated FS will be sufficient to advance the Project to support due diligence for Project Finance; that copper prices will remain at levels that support project economics; that cost inflation will not materially exceed current estimates; and that there will be no material adverse changes in metal markets, regulatory requirements, or general economic conditions.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and uncertainties include, the Company may be unable to obtain project financing on acceptable terms or at all, which would prevent the Company from proceeding to construction; the FEED engineering may reveal technical challenges, cost overruns, or design issues that delay the project or increase capital requirements; the integrated mine plan review may not result in improvements to project economics and may reveal the need for more conservative mining parameters; any technical optimizations may require permit amendments, which are subject to regulatory approval and may be delayed, denied, or granted with unfavorable conditions; permit amendment processes may take longer than anticipated, delaying the construction decision or construction start; environmental mitigation projects may not perform as designed, requiring additional remediation work and expense; the availability of skilled labor and adequate housing may be insufficient to support construction and operations, particularly in the Upper Peninsula of Michigan; the Company may be unable to retain qualified technical advisors, offtake advisors, or debt finance advisors on acceptable terms; the debt financing process may not result in financing on acceptable terms or at all; offtake partners may not be available or may only be available on unfavorable commercial terms; Trace Arlaud may become unavailable as a consultant or may be unable to complete the integrated mine plan review, and the Company may be unable to recruit a qualified replacement Project Director in a timely manner, either of which could impact the Company’s operating plans; capital costs and operating costs may increase materially due to inflation, supply chain disruptions, labor shortages, or other factors; copper prices may decline, adversely affecting project economics and the ability to obtain financing; metal markets may experience volatility or prolonged downturns; regulatory requirements may change or become more stringent, requiring additional permitting, studies, or capital expenditures; general economic conditions may deteriorate, affecting the availability of financing and the cost of capital; geotechnical conditions may prove more challenging than anticipated, requiring changes to mining method, ground support, or pillar design; the Company may encounter unforeseen technical, environmental, or social challenges in advancing the project; and the other risks and uncertainties set out in the Company’s public disclosure documents, including its Annual Information Form, filed on SEDAR+. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements in this news release are reasonable, undue reliance should not be placed on such statements. All forward-looking statements in this press release are based on information available to the Company as of the date hereof, and the Company undertakes no obligation to update forward-looking statements except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information or media requests, please contact:

Barry O'Shea, CEO
Email: [email protected]
Website: www.highlandcopper.com

1 See “Feasibility Study Update Copperwood Project Michigan, USA” with an Effective Date of March 6, 2023, prepared for the Company by G Mining Services Inc. available under the Company’s profile at www.sedarplus.com

Posted by Defense World Staff on Apr 8th, 2026

Ingersoll Rand Inc. (NYSE:IR – Get Free Report) has earned an average recommendation of “Hold” from the nine analysts that are currently covering the company, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year target price among brokers that have covered the stock in the last year is $97.4286.

A number of equities research analysts recently issued reports on IR shares. Citigroup upped their price objective on shares of Ingersoll Rand from $94.00 to $98.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Wall Street Zen upgraded shares of Ingersoll Rand from a “hold” rating to a “buy” rating in a report on Saturday, March 14th. Barclays decreased their price objective on shares of Ingersoll Rand from $111.00 to $100.00 and set an “overweight” rating for the company in a report on Wednesday, April 1st. Zacks Research upgraded shares of Ingersoll Rand from a “strong sell” rating to a “hold” rating in a report on Friday, December 12th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Ingersoll Rand in a report on Friday, March 27th.

View Our Latest Stock Analysis on Ingersoll Rand

Insider Activity at Ingersoll Rand In other Ingersoll Rand news, insider Elizabeth Meloy Hepding sold 18,246 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $97.11, for a total transaction of $1,771,869.06. Following the completion of the sale, the insider directly owned 16,200 shares in the company, valued at $1,573,182. This represents a 52.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Vikram Kini sold 28,367 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $96.50, for a total transaction of $2,737,415.50. Following the sale, the chief financial officer owned 98,517 shares of the company’s stock, valued at $9,506,890.50. This trade represents a 22.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 584,771 shares of company stock valued at $54,976,547. 0.59% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Ingersoll Rand A number of hedge funds have recently bought and sold shares of IR. Deseret Mutual Benefit Administrators lifted its stake in shares of Ingersoll Rand by 46.9% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 351 shares of the industrial products company’s stock valued at $28,000 after buying an additional 112 shares during the period. Hilton Head Capital Partners LLC bought a new stake in shares of Ingersoll Rand in the fourth quarter valued at about $29,000. Reflection Asset Management bought a new stake in shares of Ingersoll Rand in the fourth quarter valued at about $31,000. Torren Management LLC bought a new stake in shares of Ingersoll Rand in the fourth quarter valued at about $32,000. Finally, Salomon & Ludwin LLC lifted its stake in shares of Ingersoll Rand by 166.9% in the fourth quarter. Salomon & Ludwin LLC now owns 427 shares of the industrial products company’s stock valued at $35,000 after buying an additional 267 shares during the period. 95.27% of the stock is currently owned by institutional investors.

Ingersoll Rand Trading Up 0.9% Shares of NYSE:IR opened at $79.44 on Wednesday. The stock has a market capitalization of $31.11 billion, a PE ratio of 54.78, a P/E/G ratio of 4.81 and a beta of 1.33. Ingersoll Rand has a 1 year low of $65.61 and a 1 year high of $100.96. The firm has a fifty day moving average price of $88.53 and a 200 day moving average price of $83.33. The company has a current ratio of 2.06, a quick ratio of 1.49 and a debt-to-equity ratio of 0.47.

Ingersoll Rand (NYSE:IR – Get Free Report) last issued its quarterly earnings data on Thursday, February 12th. The industrial products company reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $0.06. The firm had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.04 billion. Ingersoll Rand had a net margin of 7.60% and a return on equity of 12.62%. Ingersoll Rand’s revenue for the quarter was up 10.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.84 earnings per share. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. Analysts expect that Ingersoll Rand will post 3.32 EPS for the current fiscal year.

Ingersoll Rand Announces Dividend The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Wednesday, March 4th were issued a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Wednesday, March 4th. Ingersoll Rand’s dividend payout ratio is 5.52%.

About Ingersoll Rand (Get Free Report)

Ingersoll Rand is a diversified industrial company that designs, manufactures and services a wide range of equipment and technologies for commercial, industrial and OEM customers. Its product portfolio includes air compressors and compressed air systems, pneumatic and cordless power tools, material handling and lifting equipment, fluid transfer and pumping solutions, and associated aftermarket parts and service offerings. The company’s products support applications across manufacturing, construction, transportation, oil and gas, mining and general industrial markets.

Ingersoll Rand sells through a combination of direct sales, distributor networks and service channels, delivering both capital equipment and recurring aftermarket revenue from parts, maintenance and service contracts.

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Ingersoll Rand (IR - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

The earnings report, which is expected to be released on April 28, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.

Zacks Consensus EstimateThis maker of flow control and compression equipment is expected to post quarterly earnings of $0.74 per share in its upcoming report, which represents a year-over-year change of +2.8%.

Revenues are expected to be $1.83 billion, up 6.4% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.6% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Ingersoll?For Ingersoll, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -1.02%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination makes it difficult to conclusively predict that Ingersoll will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Ingersoll would post earnings of $0.91 per share when it actually produced earnings of $0.96, delivering a surprise of +5.49%.

Over the last four quarters, the company has beaten consensus EPS estimates just once.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Ingersoll doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

An Industry Player's Expected ResultsCrane (CR - Free Report) , another stock in the Zacks Manufacturing - General Industrial industry, is expected to report earnings per share of $1.44 for the quarter ended March 2026. This estimate points to a year-over-year change of +3.6%. Revenues for the quarter are expected to be $679.19 million, up 21.8% from the year-ago quarter.

Over the last 30 days, the consensus EPS estimate for Crane has been revised 1.4% up to the current level. Nevertheless, the company now has an Earnings ESP of +1.78%, reflecting a higher Most Accurate Estimate.

When combined with a Zacks Rank of #3 (Hold), this Earnings ESP indicates that Crane will most likely beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Key Takeaways IR is set to report Q1 2026 results with revenues seen up 4.6% and EPS rising 2.4% year over year.Industrial Technologies & Services growth is driven by strong orders in compressors, vacuums and blowers.Margins may dip on higher costs, FX headwinds and rising SG&A despite acquisition-driven growth. Ingersoll Rand Inc. (IR - Free Report) is scheduled to release first-quarter 2026 results on April 28, after market close.

The Zacks Consensus Estimate for Ingersoll Rand’s first-quarter earnings has remained steady in the past 30 days. The company has a decent earnings surprise history, having outperformed the consensus estimate once in the preceding four quarters, matching on two occasions and missing once, the average surprise being 1%.

The consensus estimate for revenues is pegged at $1.83 billion, indicating growth of 6.4% from the prior-year quarter’s figure. The consensus estimate for adjusted earnings is pinned at 74 cents per share, indicating a 2.8% increase from the year-ago quarter’s number.

Let’s see how things have shaped up for IR this earnings season.

Factors to Note Ahead of IR’s ResultsIR’s Industrial Technologies & Services (IT&S) segment is anticipated to have performed well in the first quarter, driven by higher orders across its product portfolio of industrial vacuums, blowers and compressors. We anticipate the segment’s revenues to increase 6.2% year over year to $1.44 billion.

The Precision and Science Technologies segment’s results are expected to benefit from solid momentum in the life sciences business, driven by growth in fluid handling product orders within the legacy Gardner Denver Medical platform. Strength in the precision technologies business and an increase in demand for biopharma solutions are also expected to augment its results. We expect the segment’s revenues to increase 3.6% year over year to $378.6 million.

Synergistic gains from the acquisitions made by Ingersoll Rand are expected to have boosted its quarterly revenues. In November 2025, it acquired Transvac Systems Ltd., which enhanced IR’s portfolio of engineered solutions with advanced ejector and hybrid systems within the Industrial Technologies and Services segment. In August 2025, the company acquired Dave Barry Plastics, which boosted its life science portfolio. In June 2025, it acquired Lead Fluid (Baoding) Intelligent Equipment Manufacturing Co., Ltd (Lead Fluid), which strengthened its life science business in China.

Also, in April 2025, Ingersoll Rand completed the acquisition of G & D Chillers, Inc. (G&D) and Advanced Gas Technologies Inc. (“AGT”). The acquisitions expanded the company’s air treatment portfolio.

Despite the positives, rising costs and expenses are likely to have weighed on IR’s performance. Rising selling and administrative expenses are expected to have dented the company’s margins and profitability. For the quarter under review, we anticipate Ingersoll Rand’s adjusted EBITDA margin to be 44.6%, indicating a decline of 50 basis points on a year-over-year basis.

The company has considerable exposure to overseas markets. Given its substantial international operations, foreign currency headwinds are likely to have marred its profitability.

Earnings WhispersOur proven model does not conclusively predict an earnings beat for IR this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as elaborated below.

Earnings ESP: IR has an Earnings ESP of -0.23% as the Most Accurate Estimate is pegged at 73 cents per share, which is lower than the Zacks Consensus Estimate of 74 cents. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.

Zacks Rank: IR presently carries a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here.

Stocks to ConsiderHere are some companies, which according to our model, have the right combination of elements to beat on earnings in this reporting cycle.

Kennametal Inc. (KMT - Free Report) has an Earnings ESP of +5.88% and a Zacks Rank of 1 at present. The company is slated to release third-quarter fiscal 2026 (ended March 2026) results on May 6.

Kennametal’s earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters, while missing the mark in one, the average surprise being 35.4%.

Stanley Black & Decker (SWK - Free Report) has an Earnings ESP of +5.38% and a Zacks Rank of 3 at present. The company is scheduled to release first-quarter 2026 results on April 29.

Stanley Black & Decker’s earnings surpassed the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 56.4%.

Illinois Tool Works (ITW - Free Report) has an Earnings ESP of +0.30% and a Zacks Rank of 3 at present. The company is slated to release first-quarter 2026 results on April 30.

Illinois Tool’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 2.1%.

Ingersoll Rand (IR - Free Report) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.72 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +4.76%. A quarter ago, it was expected that this maker of flow control and compression equipment would post earnings of $0.91 per share when it actually produced earnings of $0.96, delivering a surprise of +5.49%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Ingersoll, which belongs to the Zacks Manufacturing - General Industrial industry, posted revenues of $1.85 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.15%. This compares to year-ago revenues of $1.72 billion. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Ingersoll shares have added about 6.1% since the beginning of the year versus the S&P 500's gain of 4.8%.

What's Next for Ingersoll?While Ingersoll has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Ingersoll was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.85 on $1.97 billion in revenues for the coming quarter and $3.49 on $7.92 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Manufacturing - General Industrial is currently in the bottom 40% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Alta Equipment (ALTG - Free Report) , another stock in the same industry, has yet to report results for the quarter ended March 2026.

This company is expected to post quarterly loss of $0.59 per share in its upcoming report, which represents a year-over-year change of +9.2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Alta Equipment's revenues are expected to be $420.21 million, down 0.7% from the year-ago quarter.

Ingersoll Rand Inc. (IR) Q1 2026 Earnings Call Transcript

Investors interested in stocks from the Manufacturing - General Industrial sector have probably already heard of Tennant (TNC) and Ingersoll Rand (IR). But which of these two stocks is more attractive to value investors?

Ingersoll Rand (IR) remains a 'hold' as valuation remains elevated despite ongoing revenue and profit growth. 2026 guidance calls for 2.5%-4.5% revenue growth, with EBITDA expected between $2.13B and $2.19B. Acquisitions are a key growth lever, with recent deals and a robust acquisition pipeline set to add 4%-5% to annualized revenue.

Ingersoll Rand and Garrett Motion enter a multiyear strategic partnership to advance next generation oil-free compressor technology for industrial air compression systems across key verticals, including food and beverage and life sciencesCollaboration with Garrett Motion on advanced oil-free centrifugal compressor modules strengthens Ingersoll Rand’s system-level compression leadership and capabilities, supporting the development of differentiated solutions that improve efficiency, reliability, and sustainability for customersReinforces companies’ commitment to sustainability and customer value creation through technologies designed to reduce energy consumption and improve operational efficiency across industrial processes
DAVIDSON, N.C. and PLYMOUTH, Mich. and ROLLE, Switzerland, May 12, 2026 (GLOBE NEWSWIRE) -- Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and industrial and life science solutions and Garrett Motion (Nasdaq: GTX), a global leader in differentiated turbocharging and electrification technologies for mobility and industrial applications, today announced a multiyear strategic partnership to develop next generation oil-free air technologies designed to deliver greater energy efficiency, performance, and reliability for customers across key end markets, including food and beverage and life sciences.

The partnership builds on Ingersoll Rand’s leadership in compression technology, including its industry‑leading compressor platforms, proprietary system‑level innovation, and deep application expertise, combined with Garrett’s advanced oil‑free centrifugal compressor modules. Together, the global organizations will focus on oil-free innovation that helps customers reduce energy consumption, improve process efficiency, and support sustainability goals in critical industrial applications demanding 100% oil-free air.

These benefits are particularly critical within food and beverage and life sciences industries, where reliability, air purity, and performance are essential, and will bring a superior alternative to existing compressor solutions.

“This collaboration reflects our continued focus on delivering differentiated solutions that create superior value for our customers,” said Vicente Reynal, chairman and chief executive officer of Ingersoll Rand. “By working closely with Garrett Motion, we are strengthening our ability to innovate at the system level and address markets where performance, purity, and efficiency are non-negotiables, helping customers operate more efficiently and sustainably.”

“We are excited to partner with Ingersoll Rand to create a distinctive oil-free solution for industrial air compression,” said Olivier Rabiller, chief executive officer and president of Garrett Motion. “Ingersoll Rand is an ideal partner for Garrett as we expand the use of our unique oil-free high speed compressor technology to bring lower lifecycle costs and increased sustainability to operations in the industrial space.”

Initial products are expected to be introduced to select Ingersoll Rand customers in 2026, with a broader commercial rollout beginning in 2027 across Ingersoll Rand’s global sales regions.

About Ingersoll Rand Inc.
Ingersoll Rand Inc. (NYSE: IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to Making Life Better for our employees, customers, shareholders, and planet. Customers lean on us for exceptional performance and durability in mission-critical flow creation and life science and industrial solutions. Supported by over 80 respected brands, our products and services excel in the most complex and harsh conditions. For more information, visit IRCO.com.

About Garrett Motion Inc.
A differentiated technology leader, Garrett Motion has a 70-year history of innovation in the automotive sector (cars, trucks) and beyond (off-highway equipment, marine, power generators). Its well-recognized expertise in turbocharging has enabled significant reductions in engine size, fuel consumption, and CO2 emissions. Garrett is committed to advancing turbo applications while leveraging its unique technology solutions, such as fuel cell compressors for hydrogen fuel cell vehicles, as well as electric propulsion and thermal management systems for automotive and industrial applications. Garrett has six R&D centers, 13 manufacturing facilities and a team of more than 8,700 employees in more than 20 countries. For more information, visit garrettmotion.com.

Forward-Looking Statements
This news release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to the expectations of Ingersoll Rand Inc. (the “Company” or “Ingersoll Rand”), regarding the performance of its business, its financial results, its liquidity and capital resources and other non-historical statements. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “forecast,” “outlook,” “target,” “endeavor,” “seek,” “predict,” “intend,” “strategy,” “plan,” “may,” “could,” “should,” “will,” “would,” “will be,” “on track to,” “will continue,” “will likely result,” “guidance” or the negative thereof or variations thereon or similar terminology generally intended to identify forward-looking statements. All statements other than historical facts are forward-looking statements.

These forward-looking statements are based on Ingersoll Rand’s current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from these current expectations. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. The inclusion of such statements should not be regarded as a representation that such plans, estimates, or expectations will be achieved. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others, (1) adverse impact on our operations and financial performance due to geopolitical tensions, natural disaster, catastrophe, cyber events, or other events outside of our control; (2) unexpected costs, charges, or expenses resulting from completed and proposed business combinations; (3) uncertainty of the expected financial performance of the Company; (4) failure to realize the anticipated benefits of completed and proposed business combinations; (5) the ability of the Company to implement its business strategy; (6) difficulties and delays in achieving revenue and cost synergies; (7) inability of the Company to retain and hire key personnel; (8) evolving legal, regulatory, and tax regimes; (9) changes in general economic and/or industry specific conditions; (10) actions by third parties, including government agencies; and (11) other risk factors detailed in Ingersoll Rand’s most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”), as such factors may be updated from time to time in its periodic filings with the SEC, which are available on the SEC’s website at http://www.sec.gov. The foregoing list of important factors is not exclusive.

Any forward-looking statements speak only as of the date of this release. Ingersoll Rand undertakes no obligation to update any forward-looking statements, whether as a result of new information or developments, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on any of these forward-looking statements.

Contacts:

Ingersoll Rand
Investor Relations:                                                         
[email protected]        

Media:
[email protected]

Garrett Motion
Investor Relations:
Cyril Granjean
[email protected]

Media:
Fabrice Spenninck
[email protected]

PRISM MediaWire modernizes corporate communication by combining Tier 1 disclosure, multimedia releases, social amplification, AI indexing, real-time notifications, and RSS syndication to help brands improve visibility, authority, and stakeholder reach across search, social, and conversational AI The Strategic Shift in Digital Distribution New York, May 29, 2026 – PRISM MediaWire (“PMW”) (Press Release Service –

Ingersoll Rand Inc. (IR) Presents at 16th Annual Wells Fargo Industrials & Materials Conference Transcript

Atlantic Investment Management Inc. purchased a new stake in shares of Axalta Coating Systems Ltd. (NYSE: AXTA) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 764,000 shares of the specialty chemicals company's stock, valued at approximately $21,866,000. Axalta Coating Systems

Capricorn Fund Managers Ltd acquired a new position in shares of Axalta Coating Systems Ltd. (NYSE: AXTA) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 80,000 shares of the specialty chemicals company's stock, valued at approximately $2,585,000. Several other large investors have also