Robeco Institutional Asset Management B.V. Decreases Stock Position in Ingersoll Rand Inc. $IR

Robeco Institutional Asset Management B.V. cut its position in Ingersoll Rand Inc. (NYSE:IR) by 16.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 72,353 shares of the industrial products company’s stock after selling 14,512 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Ingersoll Rand were worth $5,732,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in IR. Capital International Investors boosted its stake in shares of Ingersoll Rand by 18.5% in the third quarter. Capital International Investors now owns 50,002,133 shares of the industrial products company’s stock worth $4,131,157,000 after acquiring an additional 7,816,194 shares during the last quarter. Capital World Investors boosted its stake in shares of Ingersoll Rand by 19.2% in the third quarter. Capital World Investors now owns 31,787,657 shares of the industrial products company’s stock worth $2,626,296,000 after acquiring an additional 5,110,668 shares during the last quarter. Capital Research Global Investors boosted its stake in shares of Ingersoll Rand by 14.3% in the third quarter. Capital Research Global Investors now owns 19,254,676 shares of the industrial products company’s stock worth $1,590,818,000 after acquiring an additional 2,406,183 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of Ingersoll Rand by 24,176.6% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,623,131 shares of the industrial products company’s stock worth $128,584,000 after acquiring an additional 1,616,445 shares during the last quarter. Finally, APG Asset Management N.V. boosted its stake in shares of Ingersoll Rand by 134.6% in the third quarter. APG Asset Management N.V. now owns 2,433,972 shares of the industrial products company’s stock worth $201,095,000 after acquiring an additional 1,396,421 shares during the last quarter. 95.27% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Ingersoll Rand news, CFO Vikram Kini sold 28,367 shares of Ingersoll Rand stock in a transaction on Friday, February 20th. The stock was sold at an average price of $96.50, for a total value of $2,737,415.50. Following the sale, the chief financial officer owned 98,517 shares in the company, valued at $9,506,890.50. The trade was a 22.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Vicente Reynal sold 30,492 shares of Ingersoll Rand stock in a transaction on Monday, April 13th. The shares were sold at an average price of $88.00, for a total value of $2,683,296.00. Following the completion of the sale, the insider owned 209,534 shares in the company, valued at $18,438,992. This represents a 12.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 424,263 shares of company stock valued at $40,828,923. 0.59% of the stock is currently owned by company insiders.

Ingersoll Rand Stock Performance

Shares of Ingersoll Rand stock opened at $83.67 on Friday. Ingersoll Rand Inc. has a one year low of $68.97 and a one year high of $100.96. The company has a market cap of $32.76 billion, a price-to-earnings ratio of 57.70, a PEG ratio of 5.22 and a beta of 1.33. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.49 and a current ratio of 2.06. The business’s 50 day moving average price is $87.82 and its 200 day moving average price is $83.52.

Ingersoll Rand (NYSE:IR) last announced its quarterly earnings data on Thursday, February 12th. The industrial products company reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $0.06. Ingersoll Rand had a return on equity of 12.62% and a net margin of 7.60%.The firm had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.04 billion. During the same quarter last year, the business posted $0.84 earnings per share. The firm’s revenue was up 10.1% compared to the same quarter last year. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. On average, research analysts predict that Ingersoll Rand Inc. will post 3.32 EPS for the current year.

Ingersoll Rand Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Wednesday, March 4th were given a dividend of $0.02 per share. The ex-dividend date was Wednesday, March 4th. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. Ingersoll Rand’s dividend payout ratio (DPR) is presently 5.52%.

Wall Street Analyst Weigh In

IR has been the topic of a number of research analyst reports. Stifel Nicolaus lowered their price target on Ingersoll Rand from $101.00 to $90.00 and set a “hold” rating on the stock in a research note on Tuesday. Citigroup lowered their price target on Ingersoll Rand from $117.00 to $113.00 and set a “buy” rating on the stock in a research note on Monday. Robert W. Baird set a $115.00 price target on Ingersoll Rand in a research note on Tuesday, February 17th. Wells Fargo & Company lowered their price target on Ingersoll Rand from $110.00 to $90.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 1st. Finally, Barclays lowered their price target on Ingersoll Rand from $111.00 to $100.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 1st. Four equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Ingersoll Rand currently has a consensus rating of “Hold” and an average price target of $98.00.

About Ingersoll Rand

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.