12,485 Ingersoll Rand Inc. $IR Shares Purchased by Glenview Trust Co

Glenview Trust Co boosted its stake in shares of Ingersoll Rand Inc. (NYSE:IR – Free Report) by 3.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 359,534 shares of the industrial products company’s stock after buying an additional 12,485 shares during the period. Glenview Trust Co owned approximately 0.09% of Ingersoll Rand worth $27,005,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Founders Financial Securities LLC bought a new stake in shares of Ingersoll Rand in the 3rd quarter worth about $338,000. Choreo LLC boosted its stake in shares of Ingersoll Rand by 7.8% during the 3rd quarter. Choreo LLC now owns 5,764 shares of the industrial products company’s stock worth $433,000 after purchasing an additional 417 shares during the period. BOKF NA grew its holdings in Ingersoll Rand by 812.2% during the 3rd quarter. BOKF NA now owns 3,056 shares of the industrial products company’s stock valued at $230,000 after purchasing an additional 2,721 shares during the last quarter. Pinnacle Wealth Planning Services Inc. grew its holdings in Ingersoll Rand by 114.0% during the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 2,429 shares of the industrial products company’s stock valued at $182,000 after purchasing an additional 1,294 shares during the last quarter. Finally, North Dakota State Investment Board raised its position in Ingersoll Rand by 1.4% in the 3rd quarter. North Dakota State Investment Board now owns 11,987 shares of the industrial products company’s stock worth $900,000 after purchasing an additional 165 shares during the period. 95.27% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Aurobind Satpathy purchased 11,538 shares of the stock in a transaction that occurred on Monday, August 3rd. The stock was purchased at an average price of $86.68 per share, for a total transaction of $1,000,113.84. Following the completion of the acquisition, 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 transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 0.49% of the company’s stock.

Wall Street Analysts Forecast Growth

IR has been the subject of several recent analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Ingersoll Rand in a research report on Monday, October 19th. Stifel Nicolaus set a $93.00 target price on Ingersoll Rand in a research note on Monday, October 19th. Robert W. Baird increased their price target on Ingersoll Rand from $103.00 to $109.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. Morgan Stanley set a $87.00 price target on Ingersoll Rand in a research note on Monday, August 10th. Finally, Citigroup restated a “buy” rating on shares of Ingersoll Rand in a report on Monday, October 12th. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Ingersoll Rand presently has an average rating of “Moderate Buy” and an average target price of $95.00.

Get Our Latest Stock Report on Ingersoll Rand

Ingersoll Rand News Roundup

Here are the key news stories impacting Ingersoll Rand this week:

  • Positive Sentiment: Ingersoll Rand reported third-quarter adjusted earnings of $1.07 per share, exceeding analyst estimates of approximately $0.89-$0.90 and rising from $0.86 a year earlier. Revenue increased 5.6% year over year to $2.06 billion, also slightly above expectations. Earnings Flash: Ingersoll Rand Posts Q3 Adjusted EPS of $1.07
  • Positive Sentiment: Management raised its 2026 revenue and earnings guidance, while reporting stronger orders and improved cash flow. The combination of higher demand, profitability and cash generation is the primary catalyst behind the positive investor response. Ingersoll Rand Beats Q3 Earnings Estimates and Raises Revenue Guidance
  • Positive Sentiment: The earnings release and conference call reinforced the favorable quarter, with results surpassing both earnings and revenue expectations. Investors are likely focused on whether the stronger industrial orders can sustain growth into 2027. Ingersoll Rand Releases Q3 2026 Financial Results
  • Neutral Sentiment: Ingersoll Rand announced management changes. The available report does not specify the roles affected or the strategic implications, so investors may await additional details before assessing the impact. Ingersoll Rand Announces Management Changes

Ingersoll Rand Trading Up 0.1%

IR stock opened at $80.06 on Friday. Ingersoll Rand Inc. has a 12 month low of $68.07 and a 12 month high of $100.96. The firm’s 50-day moving average is $76.31 and its 200 day moving average is $81.25. The company has a market capitalization of $31.06 billion, a PE ratio of 22.60, a P/E/G ratio of 3.31 and a beta of 1.15. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.62 and a quick ratio of 1.15.

Ingersoll Rand (NYSE:IR – Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The industrial products company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.17. The company had revenue of $2.06 billion during the quarter, compared to analysts’ expectations of $2.05 billion. Ingersoll Rand had a net margin of 17.20% and a return on equity of 13.59%. The firm’s quarterly revenue was up 5.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.86 EPS. On average, research analysts anticipate that Ingersoll Rand Inc. will post 3.41 EPS for the current year.

Ingersoll Rand Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Stockholders of record on Thursday, November 12th will be paid 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 of this dividend is Thursday, November 12th. Ingersoll Rand’s payout ratio is currently 3.29%.

Ingersoll Rand Company Profile

(Free Report)

Ingersoll Rand Inc (NYSE:IR) is a global provider of mission-critical industrial technologies and solutions. The company designs and manufactures equipment used to manage air, gas, fluids, and other industrial processes, serving customers in manufacturing, energy, food and beverage, life sciences, transportation, and other markets.

Its portfolio includes air compressors, vacuum and blower systems, fluid-handling equipment, pumps, dosing and dispensing systems, and related aftermarket parts and services.

See Also

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Institutional Ownership by Quarter for Ingersoll Rand (NYSE:IR)

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