Zacks Research Expects Increased Earnings for Ingersoll Rand

Ingersoll Rand Inc. (NYSE:IR) – Stock analysts at Zacks Research increased their Q2 2027 earnings per share estimates for shares of Ingersoll Rand in a report issued on Monday, July 20th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings per share of $0.88 for the quarter, up from their prior estimate of $0.87. The consensus estimate for Ingersoll Rand’s current full-year earnings is $3.37 per share.

A number of other equities research analysts have also weighed in on the stock. Morgan Stanley decreased their price objective on shares of Ingersoll Rand from $92.00 to $80.00 and set an “equal weight” rating for the company in a report on Wednesday, June 3rd. Wells Fargo & Company dropped their target price on shares of Ingersoll Rand from $90.00 to $88.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Wall Street Zen lowered shares of Ingersoll Rand from a “buy” rating to a “hold” rating in a research report on Saturday, April 11th. Weiss Ratings lowered shares of Ingersoll Rand from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, July 8th. Finally, Evercore set a $84.00 price target on shares of Ingersoll Rand in a research note on Monday, May 11th. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $91.86.

Ingersoll Rand Stock Up 1.0%

Shares of IR opened at $84.40 on Wednesday. The firm has a fifty day moving average price of $76.28 and a 200-day moving average price of $82.63. 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 firm has a market capitalization of $33.03 billion, a P/E ratio of 57.03, a P/E/G ratio of 5.28 and a beta of 1.17. Ingersoll Rand has a 12-month low of $68.07 and a 12-month high of $100.96.

Ingersoll Rand (NYSE:IR) last announced its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.74 by $0.03. Ingersoll Rand had a return on equity of 12.79% and a net margin of 7.54%.The company had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.83 billion. During the same quarter in the prior year, the company posted $0.72 EPS. Ingersoll Rand’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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Deseret Mutual Benefit Administrators raised its holdings in shares of Ingersoll Rand by 46.9% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 351 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 112 shares in the last quarter. Hilton Head Capital Partners LLC bought a new position in Ingersoll Rand in the fourth quarter worth approximately $29,000. Reflection Asset Management purchased a new stake in Ingersoll Rand during the fourth quarter worth $31,000. Torren Management LLC bought a new stake in Ingersoll Rand during the 4th quarter valued at $32,000. Finally, Salomon & Ludwin LLC increased 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 valued at $35,000 after acquiring an additional 267 shares during the period. 95.27% of the stock is currently owned by institutional investors.

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.