Ingersoll Rand Inc. (NYSE:IR) Given Consensus Recommendation of “Hold” by Analysts

Shares of Ingersoll Rand Inc. (NYSE:IR) have been assigned an average recommendation of “Hold” from the ten analysts that are currently covering the company, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $92.1250.

A number of equities analysts have recently commented on the stock. Robert W. Baird cut their price objective on shares of Ingersoll Rand from $103.00 to $100.00 and set an “outperform” rating for the company in a research report on Monday, November 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Ingersoll Rand in a research note on Monday, December 29th. Stifel Nicolaus upped their price target on shares of Ingersoll Rand from $81.00 to $87.00 and gave the stock a “hold” rating in a report on Friday, January 23rd. Wells Fargo & Company lifted their price objective on Ingersoll Rand from $87.00 to $92.00 and gave the company an “overweight” rating in a research note on Wednesday, January 7th. Finally, Citigroup upped their target price on Ingersoll Rand from $94.00 to $98.00 and gave the stock a “buy” rating in a research note on Monday, January 12th.

Ingersoll Rand Price Performance

Ingersoll Rand stock opened at $98.43 on Tuesday. The firm has a market capitalization of $38.89 billion, a P/E ratio of 67.88, a PEG ratio of 6.12 and a beta of 1.32. Ingersoll Rand has a one year low of $65.61 and a one year high of $100.96. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.06 and a quick ratio of 1.49. The business has a fifty day moving average price of $86.18 and a 200-day moving average price of $81.48.

Ingersoll Rand (NYSE:IR) last released its quarterly earnings data on Thursday, February 12th. The industrial products company reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.06. Ingersoll Rand had a return on equity of 12.62% and a net margin of 7.60%.The company had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.04 billion. During the same period in the previous year, the company posted $0.84 EPS. The firm’s revenue for the quarter was up 10.1% compared to the same quarter last year. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. As a group, equities research analysts forecast that Ingersoll Rand will post 3.32 EPS for the current year.

Ingersoll Rand Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Wednesday, March 4th will be given a $0.02 dividend. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Wednesday, March 4th. Ingersoll Rand’s dividend payout ratio is 5.52%.

Insider Buying and Selling

In other news, insider Vicente Reynal sold 440 shares of Ingersoll Rand stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $100.00, for a total transaction of $44,000.00. Following the completion of the sale, the insider directly owned 229,668 shares of the company’s stock, valued at approximately $22,966,800. The trade was a 0.19% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Michael J. Scheske sold 1,477 shares of the company’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $80.63, for a total transaction of $119,090.51. Following the completion of the transaction, the chief accounting officer owned 12,153 shares of the company’s stock, valued at $979,896.39. This trade represents a 10.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 292,917 shares of company stock worth $26,747,912 over the last ninety days. 0.68% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Ingersoll Rand

Hedge funds have recently added to or reduced their stakes in the company. NewSquare Capital LLC raised its holdings in shares of Ingersoll Rand by 150.7% during the 2nd quarter. NewSquare Capital LLC now owns 341 shares of the industrial products company’s stock valued at $28,000 after buying an additional 205 shares in the last quarter. Deseret Mutual Benefit Administrators grew its position in Ingersoll Rand by 46.9% during the fourth 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 last quarter. Hilton Head Capital Partners LLC purchased a new position in shares of Ingersoll Rand during the fourth quarter worth approximately $29,000. Torren Management LLC bought a new stake in shares of Ingersoll Rand in the 4th quarter worth approximately $32,000. Finally, Salomon & Ludwin LLC boosted its stake in shares of Ingersoll Rand by 166.9% in the 4th quarter. Salomon & Ludwin LLC now owns 427 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 267 shares in the last quarter. Institutional investors own 95.27% of the company’s stock.

Ingersoll Rand Company Profile

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.