Zacks Research Predicts Stronger Earnings for Ingersoll Rand

Ingersoll Rand Inc. (NYSE:IR) – Investment analysts at Zacks Research lifted their Q2 2027 EPS estimates for Ingersoll Rand in a research note issued to investors on Thursday, June 18th. Zacks Research analyst Team now expects that the industrial products company will post earnings of $0.88 per share for the quarter, up from their previous estimate of $0.87. The consensus estimate for Ingersoll Rand’s current full-year earnings is $3.37 per share.

A number of other brokerages have also issued reports on IR. Morgan Stanley decreased their price objective on Ingersoll Rand from $92.00 to $80.00 and set an “equal weight” rating for the company in a report on Wednesday, June 3rd. Barclays reduced their price target 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. Wall Street Zen lowered Ingersoll Rand from a “buy” rating to a “hold” rating in a report on Saturday, April 11th. Citigroup cut their price objective on shares of Ingersoll Rand from $113.00 to $109.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Finally, Evercore set a $84.00 price objective on shares of Ingersoll Rand in a report on Monday, May 11th. Four equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, Ingersoll Rand currently has a consensus rating of “Hold” and an average target price of $92.75.

Ingersoll Rand Stock Performance

IR opened at $78.04 on Monday. The company has a current ratio of 2.23, a quick ratio of 1.59 and a debt-to-equity ratio of 0.47. The business’s 50 day moving average is $76.68 and its 200-day moving average is $82.63. The stock has a market cap of $30.54 billion, a PE ratio of 52.73, a price-to-earnings-growth ratio of 4.93 and a beta of 1.20. Ingersoll Rand has a twelve month low of $68.07 and a twelve month high of $100.96.

Ingersoll Rand (NYSE:IR) last released its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.74 by $0.03. Ingersoll Rand had a net margin of 7.54% and a return on equity of 12.79%. The business had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.83 billion. During the same quarter in the prior year, the firm earned $0.72 earnings per share. The company’s quarterly revenue was up 7.6% on a year-over-year basis. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Deseret Mutual Benefit Administrators raised its position in Ingersoll Rand by 46.9% in the fourth 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. Hilton Head Capital Partners LLC bought a new position in shares of Ingersoll Rand during the 4th quarter valued at about $29,000. Reflection Asset Management acquired a new position in shares of Ingersoll Rand in the 4th quarter worth approximately $31,000. Torren Management LLC acquired a new position in shares of Ingersoll Rand in the 4th quarter worth approximately $32,000. Finally, Salomon & Ludwin LLC raised its holdings 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 worth $35,000 after purchasing an additional 267 shares in the last quarter. 95.27% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Ingersoll Rand

In other news, insider Vicente Reynal sold 30,492 shares of the company’s 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 sale, the insider owned 209,534 shares in the company, valued at $18,438,992. This represents a 12.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.49% of the company’s stock.

Ingersoll Rand Dividend Announcement

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

About Ingersoll Rand

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.