Pinebridge Investments LLC Invests $5.02 Million in Ingersoll Rand Inc. $IR

Posted by Geri Gentry on Jun 8th, 2026

Ingersoll Rand logo Pinebridge Investments LLC purchased a new position in shares of Ingersoll Rand Inc. (NYSE:IR – Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 63,313 shares of the industrial products company’s stock, valued at approximately $5,016,000.

Several other large investors also recently made changes to their positions in the stock. Deseret Mutual Benefit Administrators boosted its stake in shares of Ingersoll Rand by 46.9% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 351 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 112 shares in the last quarter. Vise Technologies Inc. boosted its stake in shares of Ingersoll Rand by 11.4% during the 4th quarter. Vise Technologies Inc. now owns 8,362 shares of the industrial products company’s stock worth $662,000 after acquiring an additional 854 shares in the last quarter. Daiwa Securities Group Inc. boosted its stake in shares of Ingersoll Rand by 18.9% during the 4th quarter. Daiwa Securities Group Inc. now owns 227,770 shares of the industrial products company’s stock worth $18,044,000 after acquiring an additional 36,249 shares in the last quarter. Crescent Grove Advisors LLC bought a new stake in shares of Ingersoll Rand during the 4th quarter worth about $1,057,000. Finally, Lido Advisors LLC boosted its stake in shares of Ingersoll Rand by 3.8% during the 4th quarter. Lido Advisors LLC now owns 4,910 shares of the industrial products company’s stock worth $405,000 after acquiring an additional 182 shares in the last quarter. Institutional investors own 95.27% of the company’s stock.

Ingersoll Rand Stock Performance

Shares of NYSE:IR opened at $72.26 on Monday. The business’s fifty day moving average price is $77.55 and its two-hundred day moving average price is $82.80. Ingersoll Rand Inc. has a fifty-two week low of $68.07 and a fifty-two week high of $100.96. The stock has a market capitalization of $28.28 billion, a price-to-earnings ratio of 48.83, a price-to-earnings-growth ratio of 4.57 and a beta of 1.20. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.23 and a quick ratio of 1.59.

Ingersoll Rand (NYSE:IR – Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.03. Ingersoll Rand had a return on equity of 12.79% and a net margin of 7.54%.The firm had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.83 billion. During the same period in the prior year, the business posted $0.72 earnings per share. The business’s revenue was up 7.6% compared to the same quarter last year. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. As a group, analysts predict that Ingersoll Rand Inc. will post 3.37 EPS for the current fiscal year.

Ingersoll Rand Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, May 14th were given a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Thursday, May 14th. Ingersoll Rand’s dividend payout ratio is 5.41%.

Insider Transactions at Ingersoll Rand

In other Ingersoll Rand news, insider Vicente Reynal sold 30,492 shares of Ingersoll Rand stock in a transaction on Monday, April 13th. The stock was sold at an average price of $88.00, for a total value of $2,683,296.00. Following the completion of the transaction, the insider owned 209,534 shares in the company, valued at approximately $18,438,992. The trade was a 12.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.49% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Morgan Stanley decreased their price target on Ingersoll Rand from $92.00 to $80.00 and set an “equal weight” rating for the company in a research note on Wednesday. Wells Fargo & Company decreased their price target on Ingersoll Rand from $90.00 to $88.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Barclays decreased their target price on Ingersoll Rand from $100.00 to $95.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Weiss Ratings restated a “hold (c)” rating on shares of Ingersoll Rand in a research note on Friday, March 27th. Finally, Stifel Nicolaus dropped their price objective on shares of Ingersoll Rand from $101.00 to $90.00 and set a “hold” rating on the stock in a report on Tuesday, April 14th. Four investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $92.75.

Read Our Latest Analysis on Ingersoll Rand

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.