MUFG Securities EMEA plc Raises Holdings in Ingersoll Rand Inc. $IR

MUFG Securities EMEA plc boosted its stake in Ingersoll Rand Inc. (NYSE:IR) by 112.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,740 shares of the industrial products company’s stock after purchasing an additional 7,817 shares during the period. MUFG Securities EMEA plc’s holdings in Ingersoll Rand were worth $1,168,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Norges Bank acquired a new stake in Ingersoll Rand in the 4th quarter valued at $407,915,000. Eurizon Capital SGR S.p.A. acquired a new stake in Ingersoll Rand in the 4th quarter valued at $56,567,000. Fideuram Asset Management Ireland dac acquired a new stake in Ingersoll Rand in the 4th quarter valued at $363,000. National Pension Service increased its holdings in Ingersoll Rand by 3.0% in the 4th quarter. National Pension Service now owns 636,270 shares of the industrial products company’s stock valued at $50,405,000 after purchasing an additional 18,289 shares in the last quarter. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund increased its holdings in Ingersoll Rand by 39.0% in the 4th quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 315,264 shares of the industrial products company’s stock valued at $24,975,000 after purchasing an additional 88,415 shares in the last quarter. 95.27% of the stock is currently owned by institutional investors and hedge funds.

Ingersoll Rand Stock Performance

NYSE:IR opened at $71.62 on Wednesday. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.23 and a quick ratio of 1.59. The firm has a 50-day moving average of $78.44 and a two-hundred day moving average of $82.92. The stock has a market cap of $28.03 billion, a P/E ratio of 48.39, a PEG ratio of 4.48 and a beta of 1.19. Ingersoll Rand Inc. has a 1-year low of $68.07 and a 1-year high of $100.96.

Ingersoll Rand (NYSE:IR) last issued its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.74 by $0.03. Ingersoll Rand had a net margin of 7.54% and a return on equity of 12.79%. The business had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.83 billion. During the same quarter last year, the company posted $0.72 earnings per share. The company’s quarterly revenue was up 7.6% compared to the same quarter last year. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. On average, research analysts expect that Ingersoll Rand Inc. will post 3.37 earnings per share for the current fiscal year.

Ingersoll Rand Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 14th will be given a dividend of $0.02 per share. The ex-dividend date of this dividend is Thursday, May 14th. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. Ingersoll Rand’s dividend payout ratio (DPR) is presently 5.41%.

Insider Activity at Ingersoll Rand

In other news, insider Vicente Reynal sold 30,492 shares of the stock in a transaction dated Monday, April 13th. The shares were sold at an average price of $88.00, for a total transaction of $2,683,296.00. Following the transaction, the insider owned 209,534 shares of the company’s stock, valued at approximately $18,438,992. This trade represents a 12.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.49% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on IR shares. Evercore set a $84.00 price target on Ingersoll Rand in a report on Monday, May 11th. Citigroup decreased their price objective on shares of Ingersoll Rand from $113.00 to $109.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. Stifel Nicolaus decreased their price objective on shares of Ingersoll Rand from $101.00 to $90.00 and set a “hold” rating for the company in a research report on Tuesday, April 14th. Robert W. Baird set a $103.00 price objective on shares of Ingersoll Rand in a research report on Thursday, April 30th. Finally, Wall Street Zen cut shares of Ingersoll Rand from a “buy” rating to a “hold” rating in a research report on Saturday, April 11th. Four research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $93.38.

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.