Wall Street Zen cut shares of Ingersoll Rand (NYSE:IR – Free Report) from a buy rating to a hold rating in a research note released on Sunday morning.
A number of other research analysts have also weighed in on the company. Wells Fargo & Company cut their price objective on Ingersoll Rand from $90.00 to $88.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Stifel Nicolaus decreased their target price on Ingersoll Rand from $85.00 to $84.00 and set a “hold” rating for the company in a report on Monday, July 20th. Morgan Stanley cut their price target on shares of Ingersoll Rand from $92.00 to $80.00 and set an “equal weight” rating on the stock in a report on Wednesday, June 3rd. Weiss Ratings raised shares of Ingersoll Rand from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, July 21st. Finally, Barclays decreased their price objective on shares of Ingersoll Rand from $100.00 to $95.00 and set an “overweight” rating for the company 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. According to data from MarketBeat.com, Ingersoll Rand currently has an average rating of “Moderate Buy” and an average target price of $91.86.
Check Out Our Latest Report on IR
Ingersoll Rand Price Performance
Ingersoll Rand (NYSE:IR – Get Free Report) last released its earnings results on Thursday, July 30th. The industrial products company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.03. The firm had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $1.96 billion. Ingersoll Rand had a return on equity of 12.90% and a net margin of 12.08%.The firm’s revenue was up 8.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.80 EPS. Ingersoll Rand has set its FY 2026 guidance at 3.570-3.570 EPS. On average, equities research analysts predict that Ingersoll Rand will post 3.37 EPS for the current year.
Ingersoll Rand Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 13th will be issued a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Thursday, August 13th. Ingersoll Rand’s dividend payout ratio (DPR) is 3.29%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Deseret Mutual Benefit Administrators grew its position in shares of 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 period. Sumitomo Life Insurance Co. increased its stake in shares of Ingersoll Rand by 0.7% in the 4th quarter. Sumitomo Life Insurance Co. now owns 21,284 shares of the industrial products company’s stock valued at $1,686,000 after purchasing an additional 138 shares in the last quarter. Groupama Asset Managment raised its holdings in Ingersoll Rand by 1.7% in the 4th 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 during the period. Andina Capital Management LLC boosted its position in Ingersoll Rand by 2.6% during the fourth quarter. Andina Capital Management LLC now owns 5,628 shares of the industrial products company’s stock worth $446,000 after purchasing an additional 145 shares in the last quarter. Finally, Chicago Partners Investment Group LLC boosted its position in Ingersoll Rand by 6.4% during the first quarter. Chicago Partners Investment Group LLC now owns 2,658 shares of the industrial products company’s stock worth $222,000 after purchasing an additional 160 shares in the last quarter. Hedge funds and other institutional investors own 95.27% of the company’s stock.
Trending Headlines about 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, while revenue increased 8.5% year over year to $2.05 billion, topping estimates of $1.96 billion. Ingersoll Rand Q2 Earnings and Revenues Beat Estimates
- Positive Sentiment: Full-year revenue outlook was raised: Ingersoll Rand now expects 2026 revenue of approximately $8.0 billion to $8.1 billion, above the roughly $7.9 billion Wall Street forecast. Management also cited stronger orders, cash flow and continued acquisition momentum. Ingersoll Rand Beats Q2 Earnings Estimates, Raises Revenue Guidance
- Neutral Sentiment: EPS guidance remains strong but unchanged: The company reiterated full-year 2026 adjusted EPS guidance of about $3.57, above the prior analyst consensus near $3.48. The lack of an additional increase may limit the market’s response to the earnings beat. Ingersoll Rand Reports Second Quarter 2026 Results
- Negative Sentiment: Valuation and expectations remain risks: With Ingersoll Rand trading at a relatively high forward valuation, investors may require accelerating earnings growth. Consequently, the unchanged EPS forecast appears to be outweighing the revenue upgrade and quarterly beats today. Ingersoll Rand Slips as Revenue Outlook Rises but Earnings Forecast Is Steady
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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