Peltz's Trian to Take Ingersoll Stake

Trian Fund Management, Nelson Peltz's investment firm, has taken a 7.05% stake in the manufacturing conglomerate, calling the stock "undervalued."

Activist investor Nelson Peltz is taking a seat on the board at Ingersoll-Rand, less than four months after announcing a huge stake in the industrial conglomerate.

After taking a big stake in the conglomerate last spring, the activist investor Nelson Peltz is joining the board of Ingersoll-Rand.

By Insider Monkey: We have compiled over four hundred 13F filings for the fourth quarter of 2012 and have been analyzing them to determine where hedge funds found value, unwound positions, or reiterated their views on existing holdings.

By Dividendinvestr:In 2005, Nelson Peltz co-founded Trian Fund Management L.P. with Peter W. May and Edward P. Garden. The company currently has some $4 billion in assets under management. Peltz is an activist investor, who serves as a chairman of the board at Wendy's (WEN) and a director at Legg Mason (LM) and H. J.

By Stephen Simpson:I'll give credit where it's due - the involvement of Nelson Peltz and his Trian Fund Management, and the willingness of Ingersoll Rand's (IR) management to embrace that involvement, has definitely delivered substantial near-term benefits to shareholders.

(Reuters) - Trian Fund Management LP, founded by activist investor Nelson Peltz, has partially sold its stake in State Street Corp , the Wall Street Journal reported, citing people familiar with the decision. It was not clear how much Trian still owns of State Street, the world's No. 2 stand-alone custody bank. The size of its stake is likely to be disclosed next month as part of the New York investment firm's overall holdings, the Journal said. (http://link.reuters. ...

Trian Fund Management LP, founded by activist investor Nelson Peltz, has partially sold its stake in State Street Corp , the Wall Street Journal reported, citing people familiar with the decision. It was ...