Ingersoll Rand Inc. (NYSE:IR – Get Free Report) declared a quarterly dividend on Thursday, April 23rd. Investors of record on Thursday, May 14th will be given a dividend of 0.02 per share by the industrial products company on Thursday, June 4th. This represents a c) dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Thursday, May 14th.
Ingersoll Rand has a dividend payout ratio of 2.2% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Ingersoll Rand to earn $3.70 per share next year, which means the company should continue to be able to cover its $0.08 annual dividend with an expected future payout ratio of 2.2%.
Ingersoll Rand Stock Up 1.6%
Shares of NYSE IR opened at $85.00 on Friday. The firm has a market cap of $33.29 billion, a PE ratio of 58.62, a P/E/G ratio of 5.25 and a beta of 1.33. Ingersoll Rand has a 12-month low of $72.45 and a 12-month high of $100.96. The company’s fifty day simple moving average is $86.61 and its 200 day simple moving average is $83.58. The company has a quick ratio of 1.49, a current ratio of 2.06 and a debt-to-equity ratio of 0.47.
Ingersoll Rand News Roundup
Here are the key news stories impacting Ingersoll Rand this week:
- Neutral Sentiment: Quarterly dividend announced: IR declared a $0.02 per‑share quarterly dividend payable June 4 to holders of record May 14 (ex‑dividend May 14). The yield is tiny (~0.1%), so this is a modest shareholder return but unlikely to materially change valuation or investor sentiment.
- Negative Sentiment: Zacks Research cut multiple EPS estimates across quarters and fiscal years — including lowering FY2026 to $3.38 (from $3.41), FY2027 to $3.69 (from $3.78) and FY2028 to $4.13 (from $4.28). Several quarterly estimates were trimmed (examples: Q2 2026 to $0.82, Q3 2026 to $0.88, Q2–Q4 2027 and Q1 2028 also nudged down). These downward revisions signal weaker near‑term growth expectations versus prior forecasts and are the main driver of today’s negative stock reaction. Zacks Research Predicts Reduced Earnings for Ingersoll Rand
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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