Ingersoll Rand Inc. (NYSE:IR) Receives Average Rating of “Moderate Buy” from Analysts

Ingersoll Rand Inc. (NYSE:IR) has been assigned an average recommendation of “Moderate Buy” from the eight analysts that are covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $96.1429.

A number of analysts have issued reports on the stock. Barclays cut their price objective on shares of Ingersoll Rand from $100.00 to $95.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Robert W. Baird raised their target price on shares of Ingersoll Rand from $103.00 to $109.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. Weiss Ratings upgraded shares of Ingersoll Rand from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, July 21st. Wells Fargo & Company cut their price target on Ingersoll Rand from $90.00 to $88.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Finally, Stifel Nicolaus raised Ingersoll Rand from a “hold” rating to a “buy” rating and set a $101.00 price target on the stock in a research report on Monday, August 3rd.

Insider Activity

In related news, Director Aurobind Satpathy purchased 11,538 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were bought at an average price of $86.68 per share, for a total transaction of $1,000,113.84. Following the completion of the transaction, the director owned 11,538 shares of the company’s stock, valued at approximately $1,000,113.84. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 0.49% of the company’s stock.

Institutional Investors Weigh In On Ingersoll Rand

Large investors have recently bought and sold shares of the company. Bell Investment Advisors Inc acquired a new position in shares of Ingersoll Rand in the 2nd quarter valued at approximately $26,000. Deseret Mutual Benefit Administrators boosted 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 worth $28,000 after acquiring an additional 112 shares in the last quarter. Hilton Head Capital Partners LLC bought a new position in Ingersoll Rand in the fourth quarter valued at approximately $29,000. Reflection Asset Management bought a new position in Ingersoll Rand in the fourth quarter valued at approximately $31,000. Finally, Torren Management LLC acquired a new position in Ingersoll Rand during the fourth quarter valued at approximately $32,000. 95.27% of the stock is currently owned by institutional investors and hedge funds.

Ingersoll Rand Stock Down 1.1%

IR stock opened at $83.33 on Tuesday. Ingersoll Rand has a fifty-two week low of $68.07 and a fifty-two week high of $100.96. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.62 and a quick ratio of 1.15. The stock has a market capitalization of $32.33 billion, a price-to-earnings ratio of 34.29, a PEG ratio of 5.25 and a beta of 1.17. The business’s fifty day moving average price is $81.07 and its two-hundred day moving average price is $82.65.

Ingersoll Rand (NYSE:IR) last announced its earnings results on Thursday, July 30th. The industrial products company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.03. Ingersoll Rand had a net margin of 12.08% and a return on equity of 12.90%. The company had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $1.96 billion. During the same quarter in the previous year, the business posted $0.80 earnings per share. Ingersoll Rand’s quarterly revenue was up 8.5% on a year-over-year basis. Ingersoll Rand has set its FY 2026 guidance at 3.570-3.570 EPS. On average, equities analysts anticipate that Ingersoll Rand will post 3.38 earnings per share for the current year.

Ingersoll Rand Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 13th will be given a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Thursday, August 13th. Ingersoll Rand’s dividend payout ratio is presently 3.29%.

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.