D L Carlson Investment Group Inc. Invests $593,000 in Ingersoll Rand Inc. $IR

Posted by Brenda Bartman on Aug 21st, 2026

Ingersoll Rand logo D L Carlson Investment Group Inc. purchased a new stake in shares of Ingersoll Rand Inc. (NYSE:IR – Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 7,231 shares of the industrial products company’s stock, valued at approximately $593,000.

A number of other hedge funds also recently added to or reduced their stakes in IR. Fifth Third Bancorp lifted its holdings in shares of Ingersoll Rand by 388.7% during the first quarter. Fifth Third Bancorp now owns 81,961 shares of the industrial products company’s stock valued at $6,567,000 after purchasing an additional 65,189 shares in the last quarter. Strs Ohio increased its holdings in Ingersoll Rand by 11.2% in the 4th quarter. Strs Ohio now owns 237,624 shares of the industrial products company’s stock worth $18,825,000 after buying an additional 23,974 shares in the last quarter. National Pension Service raised its position in Ingersoll Rand by 3.0% in the 4th quarter. National Pension Service now owns 636,270 shares of the industrial products company’s stock worth $50,405,000 after buying an additional 18,289 shares during the last quarter. Norges Bank purchased a new position in Ingersoll Rand in the 4th quarter worth about $407,915,000. Finally, Hsbc Holdings PLC lifted its stake in Ingersoll Rand by 4.4% during the 1st quarter. Hsbc Holdings PLC now owns 705,454 shares of the industrial products company’s stock valued at $56,415,000 after acquiring an additional 29,914 shares during the period. 95.27% of the stock is currently owned by hedge funds and other institutional investors.

Ingersoll Rand Price Performance

NYSE IR opened at $79.25 on Friday. The company has a 50-day moving average price of $81.73 and a 200-day moving average price of $82.46. 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 1.15, a current ratio of 1.62 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $30.75 billion, a P/E ratio of 32.61, a PEG ratio of 5.10 and a beta of 1.17.

Ingersoll Rand (NYSE:IR – Get Free Report) last announced its earnings results on Thursday, July 30th. The industrial products company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.03. Ingersoll Rand had a net margin of 12.08% and a return on equity of 12.90%. The company had revenue of $2.05 billion during the quarter, compared to analyst estimates of $1.96 billion. During the same period in the previous year, the business posted $0.80 earnings per share. The firm’s quarterly revenue 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. Equities research analysts anticipate that Ingersoll Rand Inc. will post 3.39 earnings per share for the current year.

Ingersoll Rand Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 13th will be paid a $0.02 dividend. 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 is 3.29%.

Insider Buying and Selling

In related news, Director Aurobind Satpathy bought 11,538 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were bought at an average cost of $86.68 per share, for a total transaction of $1,000,113.84. Following the completion of the transaction, the director owned 11,538 shares of the company’s stock, valued at approximately $1,000,113.84. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.49% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Robert W. Baird raised their price target on shares of Ingersoll Rand from $103.00 to $109.00 and gave the company an “outperform” rating in a report on Monday, August 3rd. 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. Barclays dropped their target price on shares of Ingersoll Rand from $100.00 to $95.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Evercore set a $84.00 target price on shares of Ingersoll Rand in a research report on Monday, May 11th. Finally, Wall Street Zen cut Ingersoll Rand from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $96.14.

View Our Latest Research Report on IR

About Ingersoll Rand

(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.