Ingersoll Rand Q3 EPS Estimate Lowered by Zacks Research

Ingersoll Rand Inc. (NYSE:IR) – Equities researchers at Zacks Research dropped their Q3 2026 earnings per share estimates for Ingersoll Rand in a report released on Wednesday, April 30th. Zacks Research analyst A. Bhattacharjee now forecasts that the industrial products company will post earnings per share of $0.90 for the quarter, down from their prior estimate of $0.94. 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 Q4 2026 earnings at $0.97 EPS, FY2026 earnings at $3.46 EPS and FY2027 earnings at $3.74 EPS.

Ingersoll Rand (NYSE:IR) last announced its quarterly earnings data on Thursday, May 1st. The industrial products company reported $0.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.02). The company had revenue of $1.72 billion during the quarter, compared to analysts’ expectations of $1.73 billion. Ingersoll Rand had a net margin of 11.59% and a return on equity of 12.78%. The business’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.78 EPS.

A number of other equities analysts also recently commented on the stock. Barclays lowered their target price on shares of Ingersoll Rand from $93.00 to $85.00 and set an “overweight” rating for the company in a research note on Thursday, April 10th. Evercore ISI dropped their price objective on Ingersoll Rand from $100.00 to $91.00 and set an “in-line” rating on the stock in a report on Wednesday, February 19th. Stifel Nicolaus lowered their price target on Ingersoll Rand from $94.00 to $77.00 and set a “hold” rating for the company in a report on Monday, April 14th. Robert W. Baird increased their price target on shares of Ingersoll Rand from $105.00 to $111.00 and gave the company an “outperform” rating in a research note on Tuesday, February 18th. Finally, Citigroup reduced their price objective on shares of Ingersoll Rand from $109.00 to $88.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Six investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $100.36.

Ingersoll Rand Trading Up 0.7 %

NYSE IR opened at $76.72 on Friday. Ingersoll Rand has a 52 week low of $65.61 and a 52 week high of $106.03. The firm has a 50 day moving average of $77.57 and a two-hundred day moving average of $89.36. The company has a quick ratio of 1.71, a current ratio of 2.29 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $30.92 billion, a PE ratio of 37.24, a price-to-earnings-growth ratio of 3.50 and a beta of 1.40.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of IR. Norges Bank purchased a new position in Ingersoll Rand in the 4th quarter valued at $429,591,000. Capital International Investors boosted its holdings in shares of Ingersoll Rand by 4.6% in the fourth quarter. Capital International Investors now owns 36,673,865 shares of the industrial products company’s stock valued at $3,317,537,000 after acquiring an additional 1,606,363 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Ingersoll Rand by 8.7% during the third quarter. JPMorgan Chase & Co. now owns 18,229,178 shares of the industrial products company’s stock worth $1,789,376,000 after acquiring an additional 1,462,538 shares during the period. FMR LLC raised its holdings in Ingersoll Rand by 8.2% during the fourth quarter. FMR LLC now owns 17,472,317 shares of the industrial products company’s stock worth $1,580,546,000 after purchasing an additional 1,320,223 shares in the last quarter. Finally, GAMMA Investing LLC lifted its position in Ingersoll Rand by 7,137.0% in the first quarter. GAMMA Investing LLC now owns 1,307,370 shares of the industrial products company’s stock valued at $1,046,290,000 after purchasing an additional 1,289,305 shares during the period. 95.27% of the stock is currently owned by hedge funds and other institutional investors.

Ingersoll Rand Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Thursday, May 15th will be given a dividend of $0.02 per share. The ex-dividend date is Thursday, May 15th. This represents a $0.08 dividend on an annualized basis and a yield of 0.10%. Ingersoll Rand’s payout ratio is 3.88%.

Ingersoll Rand declared that its board has initiated a stock buyback program on Thursday, May 1st that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the industrial products company to reacquire up to 3.3% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s management believes its stock is undervalued.

Ingersoll Rand Company Profile

Ingersoll Rand Inc provides various mission-critical air, gas, liquid, and solid flow creation technologies services and solutions worldwide. It operates through two segments, Industrial Technologies and Services, and Precision and Science Technologies. The Industrial Technologies and Services segment designs, manufactures, markets, and services air and gas compression, vacuum, and blower products; fluid transfer equipment and loading systems; and power tools and lifting equipment, including associated aftermarket parts, consumables, air treatment equipment, controls, other accessories, and services under the under the Ingersoll Rand, Gardner Denver, Nash, CompAir, Elmo Rietschle brands, etc.