Ingersoll Rand Inc. $IR Shares Sold by Turtle Creek Asset Management Inc.

Posted by George Bondi on Jul 30th, 2026

Ingersoll Rand logo Turtle Creek Asset Management Inc. lessened its holdings in shares of Ingersoll Rand Inc. (NYSE:IR – Free Report) by 15.0% in the 1st quarter, Holdings Channel reports. The fund owned 1,301,517 shares of the industrial products company’s stock after selling 228,900 shares during the quarter. Ingersoll Rand accounts for 3.9% of Turtle Creek Asset Management Inc.’s holdings, making the stock its 13th largest holding. Turtle Creek Asset Management Inc.’s holdings in Ingersoll Rand were worth $104,278,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Deseret Mutual Benefit Administrators boosted its holdings in shares of Ingersoll Rand by 46.9% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 351 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 112 shares during the last quarter. Hilton Head Capital Partners LLC acquired a new stake in shares of Ingersoll Rand in the fourth quarter valued at approximately $29,000. Reflection Asset Management acquired a new stake in shares of Ingersoll Rand in the fourth quarter valued at approximately $31,000. Torren Management LLC purchased a new position in Ingersoll Rand during the fourth quarter worth approximately $32,000. Finally, Salomon & Ludwin LLC lifted its position in 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 buying an additional 267 shares in the last quarter. 95.27% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have issued reports on IR. Citigroup dropped their target price on Ingersoll Rand from $113.00 to $109.00 and set a “buy” rating for the company in a report on Thursday, April 30th. Wells Fargo & Company reduced their price target on Ingersoll Rand from $90.00 to $88.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Stifel Nicolaus lowered their price target on shares of Ingersoll Rand from $85.00 to $84.00 and set a “hold” rating on the stock in a research report on Monday, July 20th. Evercore set a $84.00 price objective on shares of Ingersoll Rand in a report on Monday, May 11th. Finally, Weiss Ratings upgraded shares of Ingersoll Rand from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, July 21st. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $91.86.

View Our Latest Report on Ingersoll Rand

Ingersoll Rand Price Performance

NYSE:IR opened at $84.62 on Thursday. Ingersoll Rand Inc. has a 52 week low of $68.07 and a 52 week high of $100.96. The company has a quick ratio of 1.59, a current ratio of 2.23 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $33.12 billion, a P/E ratio of 57.18, a P/E/G ratio of 5.47 and a beta of 1.17. The stock’s fifty day moving average is $77.50 and its two-hundred day moving average is $82.69.

Ingersoll Rand (NYSE:IR – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.03. The business had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.83 billion. Ingersoll Rand had a return on equity of 12.79% and a net margin of 7.54%.The company’s revenue was up 7.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.72 EPS. Equities analysts expect that Ingersoll Rand Inc. will post 3.37 EPS for the current year.

Ingersoll Rand Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 13th will be given a $0.02 dividend. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. Ingersoll Rand’s dividend payout ratio is presently 5.41%.

Ingersoll Rand Company 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.