Northwestern Mutual Wealth Management Co. Buys New Stake in Ingersoll Rand Inc. $IR

Posted by Brenda Bartman on Aug 26th, 2026

Ingersoll Rand logo Northwestern Mutual Wealth Management Co. purchased a new position in Ingersoll Rand Inc. (NYSE:IR – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 20,082 shares of the industrial products company’s stock, valued at approximately $1,647,000.

Several other institutional investors have also bought and sold shares of the business. BlackRock Inc. purchased a new stake in Ingersoll Rand during the second quarter valued at approximately $2,484,319,000. Norges Bank purchased a new position in shares of Ingersoll Rand in the 4th quarter worth approximately $407,915,000. Bank of New York Mellon Corp bought a new position in shares of Ingersoll Rand during the 2nd quarter valued at approximately $328,309,000. T. Rowe Price Investment Management Inc. increased its position in shares of Ingersoll Rand by 18.6% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 21,791,309 shares of the industrial products company’s stock valued at $1,726,308,000 after purchasing an additional 3,423,501 shares during the last quarter. Finally, Capital International Investors raised its holdings in Ingersoll Rand by 4.7% during the 4th quarter. Capital International Investors now owns 52,353,914 shares of the industrial products company’s stock valued at $4,147,878,000 after buying an additional 2,351,781 shares during the period. Institutional investors own 95.27% of the company’s stock.

Ingersoll Rand Price Performance

IR opened at $78.61 on Wednesday. The business has a fifty day moving average of $81.93 and a 200 day moving average of $82.17. 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 stock has a market cap of $30.50 billion, a P/E ratio of 32.35, a PEG ratio of 5.03 and a beta of 1.17.

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

Ingersoll Rand Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 13th will be issued a $0.02 dividend. The ex-dividend date is Thursday, August 13th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.1%. Ingersoll Rand’s dividend payout ratio is presently 3.29%.

Analyst Ratings Changes

IR has been the subject of several recent analyst reports. Citigroup dropped their price objective on shares of Ingersoll Rand from $113.00 to $109.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Stifel Nicolaus raised shares of Ingersoll Rand from a “hold” rating to a “buy” rating and set a $101.00 target price on the stock in a research note on Monday, August 3rd. Barclays lowered their target price on shares of Ingersoll Rand from $100.00 to $95.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Wells Fargo & Company dropped their price target on shares of Ingersoll Rand from $90.00 to $88.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Finally, Wall Street Zen downgraded shares of Ingersoll Rand from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Ingersoll Rand currently has a consensus rating of “Moderate Buy” and a consensus target price of $96.14.

Check Out Our Latest Analysis on Ingersoll Rand

Insider Buying and Selling

In related news, Director Aurobind Satpathy purchased 11,538 shares of Ingersoll Rand stock in a transaction that occurred on Monday, August 3rd. The shares were bought 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 of the company’s stock, valued at approximately $1,000,113.84. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.49% of the stock is owned by corporate insiders.

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.