Ingersoll-Rand Company Ltd. (IR)

Ingersoll-Rand Company Limited, is a large and diversified industrial technology company that provides it's services both in the United States and internationally.

Its products include Ingersoll Rand industrial equipment, Hussmann refrigeration equipment, Club Car golf carts, and Trane air conditioning services.

In recent headlines, the company experienced a recent shake up in its executive team, and is reported as one of few companies that has been paying dividends without interruption for the last 50 years.

Warren Buffet has owned shares of Ingersoll since the third quarter of 2007 and he just recently increased his position in IR as the number of shares increased from 636,600 in 2007 to 936,600 shares as of March 31, 2008 , an increase of 47.13% from the previous quarter.

This position accounts for 0.06% of the $66.46 billion portfolio of Berkshire Hathaway, valued at $41.7 million at the end of the first quarter of 2008.

Mason Hawkins has also increased his position while Glenn Greenberg and Michael Price both initiated positions in Ingersoll-Rand. Kenneth Fisher, NWQ Managers and Dodge & Cox remained steady in their share ownership.

On the other hand, both John Keeley and Richard Snow decreased their positions.

As recently as June, there has been activity within IR with regards to their shares.

Director Gary D Forsee bought 1,000 shares of IR stock in mid-May at the average price of $46.42, the price of the stock has decreased by 14.35% since then.

In contrast, Director Richard J Swift sold 9,000 shares of IR stock in early June at the average price of $43.89 and the price of the stock has since decreased by 9.41%. Finally, Director Tony L White sold 4,500 shares of IR stock in early May at the average price of $43.27 but since then the price of the stock has decreased by 8.11%.

IngersollRand Company Ltd. has a market cap of $10.85 billion; its shares were traded at around $37.07 with a P/E ratio of 3.20 and P/S ratio of 1.18.

The dividend yield of Ingersoll-Rand Company Ltd. stocks is 1.7%.