Ingersoll Rand Q2 EPS Forecast Boosted by Zacks Research

Ingersoll Rand Inc. (NYSE:IRFree Report) – Equities research analysts at Zacks Research upped their Q2 2026 earnings estimates for Ingersoll Rand in a report released on Thursday, March 26th. Zacks Research analyst Team now expects that the industrial products company will post earnings per share of $0.83 for the quarter, up from their previous estimate of $0.82. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Ingersoll Rand’s current full-year earnings is $3.32 per share. Zacks Research also issued estimates for Ingersoll Rand’s Q3 2027 earnings at $0.99 EPS, FY2027 earnings at $3.78 EPS and FY2028 earnings at $4.28 EPS.

Several other brokerages also recently issued reports on IR. Wall Street Zen upgraded Ingersoll Rand from a “hold” rating to a “buy” rating in a report on Saturday, March 14th. Barclays boosted their price objective on Ingersoll Rand from $91.00 to $111.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ingersoll Rand in a research report on Monday, December 29th. Wells Fargo & Company increased their target price on Ingersoll Rand from $92.00 to $110.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. Finally, Robert W. Baird set a $115.00 target price on Ingersoll Rand in a report on Tuesday, February 17th. Four research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Ingersoll Rand presently has an average rating of “Hold” and a consensus target price of $101.86.

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Ingersoll Rand Stock Performance

Shares of IR stock opened at $79.45 on Monday. The company has a current ratio of 2.06, a quick ratio of 1.49 and a debt-to-equity ratio of 0.47. The company has a market cap of $31.11 billion, a PE ratio of 54.79, a P/E/G ratio of 4.89 and a beta of 1.29. The company’s fifty day simple moving average is $89.74 and its 200-day simple moving average is $83.39. Ingersoll Rand has a 52 week low of $65.61 and a 52 week high of $100.96.

Ingersoll Rand (NYSE:IRGet Free Report) last released its quarterly earnings data on Thursday, February 12th. The industrial products company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.06. Ingersoll Rand had a net margin of 7.60% and a return on equity of 12.62%. The company had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.04 billion. During the same period in the previous year, the firm earned $0.84 earnings per share. Ingersoll Rand’s revenue for the quarter was up 10.1% on a year-over-year basis. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS.

Institutional Trading of Ingersoll Rand

Institutional investors have recently added to or reduced their stakes in the stock. Deseret Mutual Benefit Administrators boosted its stake in Ingersoll Rand by 46.9% during 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 last quarter. Vontobel Holding Ltd. increased its position in shares of Ingersoll Rand by 2.1% in the 3rd quarter. Vontobel Holding Ltd. now owns 6,242 shares of the industrial products company’s stock worth $516,000 after purchasing an additional 130 shares during the last quarter. Whittier Trust Co. raised its stake in shares of Ingersoll Rand by 8.5% in the 3rd quarter. Whittier Trust Co. now owns 1,668 shares of the industrial products company’s stock valued at $140,000 after purchasing an additional 131 shares in the last quarter. Sumitomo Life Insurance Co. lifted its position in shares of Ingersoll Rand by 0.7% during the fourth quarter. Sumitomo Life Insurance Co. now owns 21,284 shares of the industrial products company’s stock worth $1,686,000 after purchasing an additional 138 shares during the last quarter. Finally, Groupama Asset Managment grew its stake in Ingersoll Rand by 1.7% in the fourth quarter. Groupama Asset Managment now owns 8,146 shares of the industrial products company’s stock worth $645,000 after purchasing an additional 140 shares in the last quarter. 95.27% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Vicente Reynal sold 118,044 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $94.11, for a total transaction of $11,109,120.84. Following the completion of the transaction, the insider directly owned 209,534 shares in the company, valued at approximately $19,719,244.74. This represents a 36.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Kathleen M. Keene sold 12,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $99.46, for a total transaction of $1,193,520.00. Following the sale, the insider directly owned 3,528 shares of the company’s stock, valued at $350,894.88. The trade was a 77.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 584,771 shares of company stock worth $54,976,547 over the last quarter. Corporate insiders own 0.68% of the company’s stock.

Ingersoll Rand Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Wednesday, March 4th were issued a $0.02 dividend. The ex-dividend date of this dividend was Wednesday, March 4th. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. Ingersoll Rand’s dividend payout ratio is currently 5.52%.

About Ingersoll Rand

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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.

Further Reading

Earnings History and Estimates for Ingersoll Rand (NYSE:IR)

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