Ingersoll Rand Inc. $IR Stock: Glenview Trust Co Grows Stake

Glenview Trust Co increased its holdings in Ingersoll Rand Inc. (NYSE:IR) by 3.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 359,534 shares of the industrial products company’s stock after acquiring an additional 12,485 shares during the quarter. Glenview Trust Co’s holdings in Ingersoll Rand were worth $27,005,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Bell Investment Advisors Inc purchased a new position in Ingersoll Rand during the 2nd quarter valued at about $26,000. Continuum Advisory LLC bought a new stake in shares of Ingersoll Rand in the 2nd quarter valued at about $27,000. Axiom Investment Management LLC bought a new stake in shares of Ingersoll Rand in the 1st quarter valued at about $37,000. MidFirst Bank purchased a new stake in shares of Ingersoll Rand in the 2nd quarter worth approximately $41,000. Finally, Transamerica Financial Advisors LLC purchased a new stake in shares of Ingersoll Rand in the 2nd quarter worth approximately $42,000. 95.27% of the stock is owned by hedge funds and other institutional investors.

Key Ingersoll Rand News

Here are the key news stories impacting Ingersoll Rand this week:

• Positive Sentiment: Ingersoll Rand reported third-quarter adjusted earnings of $1.07 per share, exceeding analyst estimates of approximately $0.89-$0.90 and rising from $0.86 a year earlier. Revenue increased 5.6% year over year to $2.06 billion, also slightly above expectations. Earnings Flash: Ingersoll Rand Posts Q3 Adjusted EPS of $1.07
• Positive Sentiment: Management raised its 2026 revenue and earnings guidance, while reporting stronger orders and improved cash flow. The combination of higher demand, profitability and cash generation is the primary catalyst behind the positive investor response. Ingersoll Rand Beats Q3 Earnings Estimates and Raises Revenue Guidance
• Positive Sentiment: The earnings release and conference call reinforced the favorable quarter, with results surpassing both earnings and revenue expectations. Investors are likely focused on whether the stronger industrial orders can sustain growth into 2027. Ingersoll Rand Releases Q3 2026 Financial Results
• Neutral Sentiment: Ingersoll Rand announced management changes. The available report does not specify the roles affected or the strategic implications, so investors may await additional details before assessing the impact. Ingersoll Rand Announces Management Changes

Analyst Ratings Changes

IR has been the topic of several research reports. Stifel Nicolaus set a $93.00 price objective on shares of Ingersoll Rand in a report on Monday, October 19th. Weiss Ratings reissued a “hold (c)” rating on shares of Ingersoll Rand in a research note on Monday, October 19th. Wall Street Zen lowered Ingersoll Rand from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Morgan Stanley set a $87.00 target price on Ingersoll Rand in a research report on Monday, August 10th. Finally, Robert W. Baird lifted their price target on Ingersoll Rand from $103.00 to $109.00 and gave the company an “outperform” rating in a report on Monday, August 3rd. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $95.00.

Ingersoll Rand Stock Performance

Shares of Ingersoll Rand stock opened at $80.06 on Friday. The company has a market capitalization of $31.06 billion, a PE ratio of 22.60, a P/E/G ratio of 3.31 and a beta of 1.15. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.15 and a current ratio of 1.62. The company has a 50-day simple moving average of $76.31 and a two-hundred day simple moving average of $81.25. Ingersoll Rand Inc. has a one year low of $68.07 and a one year high of $100.96.

Ingersoll Rand (NYSE:IR) last released its quarterly earnings results on Thursday, October 29th. The industrial products company reported $1.07 EPS for the quarter, beating the consensus estimate of $0.90 by $0.17. Ingersoll Rand had a net margin of 17.20% and a return on equity of 13.59%. The business had revenue of $2.06 billion during the quarter, compared to analyst estimates of $2.05 billion. During the same period in the prior year, the firm posted $0.86 earnings per share. The company’s quarterly revenue was up 5.6% on a year-over-year basis. Research analysts expect that Ingersoll Rand Inc. will post 3.41 EPS for the current fiscal year.

Ingersoll Rand Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Thursday, November 12th will be paid a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Thursday, November 12th. Ingersoll Rand’s payout ratio is 3.29%.

Insider Buying and Selling

In other news, Director Aurobind Satpathy bought 11,538 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The stock was bought at an average price of $86.68 per share, with a total value of $1,000,113.84. Following the completion of the transaction, the director directly owned 11,538 shares of the company’s stock, valued at approximately $1,000,113.84. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.49% of the stock is owned by insiders.

Ingersoll Rand Profile

Ingersoll Rand Inc (NYSE:IR) is a global provider of mission-critical industrial technologies and solutions. The company designs and manufactures equipment used to manage air, gas, fluids, and other industrial processes, serving customers in manufacturing, energy, food and beverage, life sciences, transportation, and other markets.

Its portfolio includes air compressors, vacuum and blower systems, fluid-handling equipment, pumps, dosing and dispensing systems, and related aftermarket parts and services.