Ingersoll Rand Inc. (NYSE:IR – Get Free Report) has received a consensus rating of “Moderate Buy” from the eight ratings firms that are covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $96.1429.
A number of research firms have recently commented on IR. Wall Street Zen downgraded shares of Ingersoll Rand from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Morgan Stanley set a $87.00 target price on shares of Ingersoll Rand in a research note on Monday. Stifel Nicolaus raised shares of Ingersoll Rand from a “hold” rating to a “buy” rating and set a $101.00 price target for the company in a research report on Monday, August 3rd. Evercore set a $84.00 price target on shares of Ingersoll Rand in a research note on Monday, May 11th. Finally, Weiss Ratings raised Ingersoll Rand from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, July 21st.
Check Out Our Latest Stock Analysis on IR
Ingersoll Rand Stock Down 0.6%
Ingersoll Rand (NYSE:IR – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The industrial products company reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.03. The company had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.96 billion. Ingersoll Rand had a return on equity of 12.90% and a net margin of 12.08%.The company’s quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter last year, the company earned $0.80 EPS. Ingersoll Rand has set its FY 2026 guidance at 3.570-3.570 EPS. On average, research analysts anticipate that Ingersoll Rand will post 3.38 earnings per share for the current year.
Ingersoll Rand Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 13th will be given a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Thursday, August 13th. Ingersoll Rand’s dividend payout ratio (DPR) is 3.29%.
Insider Buying and Selling
In related news, Director Aurobind Satpathy purchased 11,538 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were acquired at an average price of $86.68 per share, with a total value of $1,000,113.84. Following the purchase, the director directly owned 11,538 shares in the company, valued at $1,000,113.84. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.49% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in IR. Bell Investment Advisors Inc acquired a new position in Ingersoll Rand in the second quarter valued at about $26,000. Deseret Mutual Benefit Administrators increased its holdings in shares of Ingersoll Rand by 46.9% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 351 shares of the industrial products company’s stock worth $28,000 after buying an additional 112 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new stake in shares of Ingersoll Rand during the fourth quarter worth approximately $29,000. Reflection Asset Management bought a new position in shares of Ingersoll Rand in the fourth quarter valued at approximately $31,000. Finally, Torren Management LLC acquired a new position in shares of Ingersoll Rand in the 4th quarter worth approximately $32,000. 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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