Ingersoll Rand (NYSE:IR – Get Free Report) updated its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 3.570-3.570 for the period, compared to the consensus estimate of 3.480. The company issued revenue guidance of $8.0 billion-$8.1 billion, compared to the consensus revenue estimate of $7.9 billion.
Ingersoll Rand Stock Down 0.4%
Shares of IR stock traded down $0.38 during trading on Thursday, hitting $84.23. 4,544,210 shares of the company were exchanged, compared to its average volume of 3,858,712. The business’s 50-day simple moving average is $77.78 and its 200 day simple moving average is $82.68. Ingersoll Rand has a twelve month low of $68.07 and a twelve month high of $100.96. The firm has a market capitalization of $32.96 billion, a price-to-earnings ratio of 56.91, a P/E/G ratio of 5.35 and a beta of 1.17. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.59 and a current ratio of 2.23.
Ingersoll Rand (NYSE:IR – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The industrial products company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.03. Ingersoll Rand had a net margin of 7.54% and a return on equity of 12.79%. The firm had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.96 billion. During the same quarter in the prior year, the business earned $0.80 EPS. The company’s revenue for the quarter was up 8.5% compared to the same quarter last year. Ingersoll Rand has set its FY 2026 guidance at 3.570-3.570 EPS. As a group, analysts forecast that Ingersoll Rand will post 3.37 EPS for the current fiscal year.
Ingersoll Rand Announces Dividend
Wall Street Analyst Weigh In
IR has been the topic of a number of recent research reports. Morgan Stanley lowered their target price on Ingersoll Rand from $92.00 to $80.00 and set an “equal weight” rating on the stock in a research note on Wednesday, June 3rd. Barclays cut their price objective on shares of Ingersoll Rand from $100.00 to $95.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Robert W. Baird set a $103.00 price target on shares of Ingersoll Rand in a report on Thursday, April 30th. Weiss Ratings raised shares of Ingersoll Rand from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, July 21st. Finally, Evercore set a $84.00 target price on Ingersoll Rand in a report on Monday, May 11th. 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 has an average rating of “Moderate Buy” and an average target price of $91.86.
Get Our Latest Stock Report on Ingersoll Rand
Key Ingersoll Rand News
Here are the key news stories impacting Ingersoll Rand this week:
- Positive Sentiment: Ingersoll Rand reported second-quarter adjusted EPS of $0.86, ahead of the $0.83 consensus estimate and up from $0.80 a year earlier. Revenue rose 8.5% year over year to $2.05 billion, exceeding the $1.96 billion estimate. Ingersoll Rand Q2 Earnings and Revenues Beat Estimates
- Positive Sentiment: Management raised its fiscal 2026 revenue outlook to $8.0 billion-$8.1 billion, above the approximately $7.9 billion analyst consensus, signaling continued demand and order momentum. The company cited strong organic growth, portfolio strength and consistent execution. Ingersoll Rand Reports Second Quarter 2026 Results
- Neutral Sentiment: Full-year 2026 EPS guidance was listed at approximately $3.57, above the $3.48 consensus estimate. However, reports characterized the earnings forecast as essentially steady, limiting the upside reaction compared with the revenue outlook.
- Negative Sentiment: Investors may be concerned that Ingersoll Rand’s valuation remains elevated, with a price-to-earnings ratio above 50 and a PEG ratio above 5. Earlier commentary also argued that cash-flow performance leaves limited room for further upside, increasing the risk of profit-taking after the earnings release. Ingersoll Rand Stock Looks Pricey As Cash Flow Leaves Little Upside
Institutional Investors Weigh In On Ingersoll Rand
Hedge funds have recently modified their holdings of the business. Arax Advisory Partners acquired a new position in Ingersoll Rand during the 4th quarter valued at $35,000. DV Equities LLC acquired a new position in shares of Ingersoll Rand during the fourth quarter valued at about $40,000. Osterweis Capital Management Inc. lifted its stake in shares of Ingersoll Rand by 6,210.0% in the second quarter. Osterweis Capital Management Inc. now owns 631 shares of the industrial products company’s stock valued at $52,000 after buying an additional 621 shares during the period. EFG International AG acquired a new stake in Ingersoll Rand during the fourth quarter worth about $66,000. Finally, Geneos Wealth Management Inc. increased its stake in Ingersoll Rand by 50.0% during the second quarter. Geneos Wealth Management Inc. now owns 1,038 shares of the industrial products company’s stock valued at $86,000 after acquiring an additional 346 shares during the period. 95.27% of the stock is owned by institutional investors.
Ingersoll Rand Company Profile
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.
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