Hsbc Holdings PLC Takes $65.40 Million Position in Ingersoll Rand Inc. $IR

Posted by Brenda Bartman on Aug 27th, 2026

Ingersoll Rand logo Hsbc Holdings PLC bought a new stake in Ingersoll Rand Inc. (NYSE:IR – Free Report) in the 2nd quarter, Holdings Channel reports. The firm bought 796,787 shares of the industrial products company’s stock, valued at approximately $65,397,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Bell Investment Advisors Inc bought a new stake in Ingersoll Rand during the second quarter worth $26,000. Deseret Mutual Benefit Administrators grew its position in shares of Ingersoll Rand by 46.9% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 351 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 112 shares during the period. Hilton Head Capital Partners LLC acquired a new position in shares of Ingersoll Rand during the 4th quarter worth about $29,000. Reflection Asset Management acquired a new position in shares of Ingersoll Rand during the 4th quarter worth about $31,000. Finally, Torren Management LLC bought a new stake in shares of Ingersoll Rand in the 4th quarter valued at about $32,000. 95.27% of the stock is currently owned by institutional investors and hedge funds.

Ingersoll Rand Stock Performance

Shares of IR stock opened at $79.93 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 market capitalization of $31.01 billion, a price-to-earnings ratio of 32.89, a PEG ratio of 4.94 and a beta of 1.17. The company has a 50-day simple moving average of $81.99 and a 200 day simple moving average of $82.06. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.15 and a current ratio of 1.62.

Ingersoll Rand (NYSE:IR – Get Free Report) last released its quarterly earnings results 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. The firm had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $1.96 billion. Ingersoll Rand had a net margin of 12.08% and a return on equity of 12.90%. The business’s revenue was up 8.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.80 EPS. Ingersoll Rand has set its FY 2026 guidance at 3.570-3.570 EPS. On average, sell-side analysts predict that Ingersoll Rand Inc. will post 3.39 earnings per share for the current year.

Ingersoll Rand Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders 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 annualized dividend and a dividend yield of 0.1%. Ingersoll Rand’s dividend payout ratio is presently 3.29%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Wells Fargo & Company reduced their price target on Ingersoll Rand from $90.00 to $88.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Stifel Nicolaus upgraded Ingersoll Rand from a “hold” rating to a “buy” rating and set a $101.00 price objective on the stock in a research note on Monday, August 3rd. Barclays cut their price objective on Ingersoll Rand from $100.00 to $95.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Citigroup reduced their target price on Ingersoll Rand from $113.00 to $109.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Finally, Weiss Ratings raised Ingersoll Rand from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, July 21st. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $96.14.

Read Our Latest Research Report on IR

Insider Buying and Selling at Ingersoll Rand

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

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.