Geode Capital Management LLC Cuts Stock Holdings in Ingersoll Rand Inc. $IR

Posted by Geri Gentry on May 31st, 2026

Ingersoll Rand logo Geode Capital Management LLC lowered its stake in shares of Ingersoll Rand Inc. (NYSE:IR – Free Report) by 0.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,465,808 shares of the industrial products company’s stock after selling 47,305 shares during the quarter. Geode Capital Management LLC’s holdings in Ingersoll Rand were worth $746,822,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of IR. Torren Management LLC purchased a new stake in shares of Ingersoll Rand during the fourth quarter worth $32,000. Salomon & Ludwin LLC increased its position in shares of Ingersoll Rand by 166.9% during the fourth quarter. Salomon & Ludwin LLC now owns 427 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 267 shares during the period. Westside Investment Management Inc. increased its position in shares of Ingersoll Rand by 100.0% during the third quarter. Westside Investment Management Inc. now owns 464 shares of the industrial products company’s stock worth $39,000 after acquiring an additional 232 shares during the period. ANTIPODES PARTNERS Ltd increased its position in shares of Ingersoll Rand by 55.3% during the third quarter. ANTIPODES PARTNERS Ltd now owns 486 shares of the industrial products company’s stock worth $40,000 after acquiring an additional 173 shares during the period. Finally, Hantz Financial Services Inc. increased its position in shares of Ingersoll Rand by 106.4% during the third quarter. Hantz Financial Services Inc. now owns 584 shares of the industrial products company’s stock worth $48,000 after acquiring an additional 301 shares during the period. Hedge funds and other institutional investors own 95.27% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on IR shares. Robert W. Baird set a $103.00 price objective on Ingersoll Rand in a research report on Thursday, April 30th. Wells Fargo & Company cut their price objective on Ingersoll Rand from $90.00 to $88.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Wall Street Zen lowered Ingersoll Rand from a “buy” rating to a “hold” rating in a research report on Saturday, April 11th. Barclays cut their price objective on Ingersoll Rand from $100.00 to $95.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Finally, Stifel Nicolaus dropped their target price on Ingersoll Rand from $101.00 to $90.00 and set a “hold” rating on the stock in a report on Tuesday, April 14th. Four research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $93.38.

Check Out Our Latest Analysis on Ingersoll Rand

Insider Buying and Selling

In related news, insider Vicente Reynal sold 118,044 shares of the stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $94.11, for a total value of $11,109,120.84. Following the transaction, the insider owned 209,534 shares of the company’s stock, valued at $19,719,244.74. This represents a 36.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.49% of the stock is owned by company insiders.

Ingersoll Rand Stock Performance

NYSE:IR opened at $71.68 on Friday. The firm has a market capitalization of $28.05 billion, a PE ratio of 48.43, a price-to-earnings-growth ratio of 4.53 and a beta of 1.25. The business’s fifty day moving average price is $78.65 and its 200 day moving average price is $82.92. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.23 and a quick ratio of 1.59. Ingersoll Rand Inc. has a 12 month low of $68.07 and a 12 month high of $100.96.

Ingersoll Rand (NYSE:IR – Get Free Report) last posted its earnings results on Tuesday, April 28th. The industrial products company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.74 by $0.03. The firm had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.83 billion. Ingersoll Rand had a return on equity of 12.79% and a net margin of 7.54%.Ingersoll Rand’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.72 earnings per share. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. On average, sell-side analysts anticipate that Ingersoll Rand Inc. will post 3.37 earnings per share for the current fiscal year.

Ingersoll Rand Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 14th will be issued a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Thursday, May 14th. Ingersoll Rand’s dividend payout ratio is 5.41%.

Ingersoll Rand Profile

(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.