Ingersoll Rand (NYSE:IR – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 3.570-3.570 for the period, compared to the consensus earnings per share estimate of 3.480. The company issued revenue guidance of $8.0 billion-$8.1 billion, compared to the consensus revenue estimate of $7.9 billion.
Ingersoll Rand Stock Performance
IR traded down $1.13 on Friday, hitting $83.19. 4,405,739 shares of the stock traded hands, compared to its average volume of 3,951,669. The business has a fifty day moving average price of $77.78 and a two-hundred day moving average price of $82.68. 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 $32.56 billion, a PE ratio of 56.25, a P/E/G ratio of 5.35 and a beta of 1.17. Ingersoll Rand has a 52 week low of $68.07 and a 52 week high of $100.96.
Ingersoll Rand (NYSE:IR – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The industrial products company reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.03. The company had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.96 billion. Ingersoll Rand had a return on equity of 12.79% and a net margin of 7.54%.The company’s quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter last year, the company earned $0.80 EPS. Ingersoll Rand has set its FY 2026 guidance at 3.570-3.570 EPS. On average, research analysts predict that Ingersoll Rand will post 3.37 EPS for the current fiscal year.
Ingersoll Rand Announces Dividend
Wall Street Analyst Weigh In
A number of research firms have recently commented on IR. Wells Fargo & Company reduced their price objective on shares of Ingersoll Rand from $90.00 to $88.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Stifel Nicolaus lowered their target price on shares of Ingersoll Rand from $85.00 to $84.00 and set a “hold” rating on the stock in a research note on Monday, July 20th. Wall Street Zen raised shares of Ingersoll Rand from a “hold” rating to a “buy” rating in a research report on Saturday, July 25th. Citigroup decreased their price objective on Ingersoll Rand from $113.00 to $109.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Finally, Robert W. Baird set a $103.00 price objective on Ingersoll Rand in a research note on Thursday, April 30th. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Ingersoll Rand has a consensus rating of “Moderate Buy” and a consensus price target of $91.86.
Read Our Latest Analysis on Ingersoll Rand
Key Stories Impacting Ingersoll Rand
Here are the key news stories impacting Ingersoll Rand this week:
- Positive Sentiment: Q2 results exceeded expectations: Adjusted earnings were $0.86 per share versus the $0.83 consensus estimate and $0.80 a year earlier. Revenue rose 8.5% year over year to $2.05 billion, beating estimates of $1.96 billion. Ingersoll Rand Reports Second Quarter 2026 Results
- Positive Sentiment: Full-year revenue outlook improved: Ingersoll Rand guided for fiscal 2026 revenue of approximately $8.0 billion to $8.1 billion, above the roughly $7.9 billion analyst consensus. Management cited strong organic growth, portfolio strength and improving order momentum. Ingersoll Rand Q2 Adjusted Earnings, Revenue Rise
- Neutral Sentiment: EPS guidance was above consensus but unchanged: The company provided fiscal 2026 EPS guidance of $3.57, compared with analyst expectations of $3.48. However, the lack of an increase to the earnings forecast appears to have limited the market’s reaction, particularly after the quarterly beat. Ingersoll Rand slips as revenue outlook rises but earnings forecast is steady
- Negative Sentiment: Investors may have expected a stronger profit outlook: With IR trading at a relatively high forward valuation, the steady earnings forecast may be viewed as insufficient despite the revenue increase and Q2 beat. This helps explain why the stock slipped following the results. Ingersoll Rand Q2 Earnings and Revenues Beat Estimates
Institutional Investors Weigh In On Ingersoll Rand
A number of hedge funds and other institutional investors have recently bought and sold shares of IR. Arax Advisory Partners bought a new stake in shares of Ingersoll Rand during the fourth quarter worth $35,000. DV Equities LLC bought a new stake in Ingersoll Rand during the 4th quarter worth about $40,000. Osterweis Capital Management Inc. increased its position in Ingersoll Rand by 6,210.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 631 shares of the industrial products company’s stock valued at $52,000 after acquiring an additional 621 shares in the last quarter. EFG International AG bought a new position in shares of Ingersoll Rand in the fourth quarter worth about $66,000. Finally, Geneos Wealth Management Inc. grew its stake in shares of Ingersoll Rand by 50.0% during the second quarter. Geneos Wealth Management Inc. now owns 1,038 shares of the industrial products company’s stock valued at $86,000 after purchasing an additional 346 shares during the last quarter. 95.27% of the stock is owned by institutional investors and hedge funds.
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.
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