Dimensional Fund Advisors LP Buys 34,252 Shares of Ingersoll Rand Inc. $IR

Dimensional Fund Advisors LP grew its stake in Ingersoll Rand Inc. (NYSE:IR) by 1.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,204,354 shares of the industrial products company’s stock after buying an additional 34,252 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Ingersoll Rand were worth $256,652,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Deseret Mutual Benefit Administrators grew its stake 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. Hilton Head Capital Partners LLC bought a new stake in Ingersoll Rand during the 4th quarter worth approximately $29,000. Reflection Asset Management purchased a new position in Ingersoll Rand during the fourth quarter valued at approximately $31,000. Torren Management LLC purchased a new position in Ingersoll Rand during the fourth quarter valued at approximately $32,000. Finally, Salomon & Ludwin LLC boosted its position in shares of Ingersoll Rand by 166.9% in the fourth quarter. Salomon & Ludwin LLC now owns 427 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 267 shares during the period. Institutional investors own 95.27% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on IR. Robert W. Baird set a $103.00 target price on shares of Ingersoll Rand in a report on Thursday, April 30th. Wells Fargo & Company decreased their price target on Ingersoll Rand from $90.00 to $88.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Morgan Stanley lowered their price objective on Ingersoll Rand from $92.00 to $80.00 and set an “equal weight” rating on the stock in a research report on Wednesday, June 3rd. Citigroup dropped their price objective on Ingersoll Rand from $113.00 to $109.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Finally, Wall Street Zen cut 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 four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $91.86.

Key Headlines Impacting Ingersoll Rand

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

• Positive Sentiment: Zacks Research raised its earnings forecasts for Ingersoll Rand (IR), including higher estimates for Q2 2027, Q4 2027, and full-year FY2027 EPS. Higher profit expectations can support the stock by signaling stronger future operating performance and valuation upside.
• Positive Sentiment: Another Zacks note highlighted Ingersoll Rand’s strong earnings surprise history and suggested the company has the ingredients to beat estimates again in its next report, which may bolster investor confidence ahead of results. Will Ingersoll (IR) Beat Estimates Again in Its Next Earnings Report?
• Neutral Sentiment: MarketWatch notes that Ingersoll Rand has been underperforming some competitors on a relative basis in recent sessions, even though the shares have been moving higher overall. Ingersoll Rand Inc. stock underperforms Wednesday when compared to competitors despite daily gains
• Neutral Sentiment: A similar MarketWatch report said the stock underperformed peers on Monday, suggesting recent gains have not yet translated into clear outperformance versus the broader industrial group. Ingersoll Rand Inc. stock underperforms Monday when compared to competitors

Ingersoll Rand Price Performance

Shares of Ingersoll Rand stock opened at $83.72 on Thursday. The company has a current ratio of 2.23, a quick ratio of 1.59 and a debt-to-equity ratio of 0.47. Ingersoll Rand Inc. has a 12 month low of $68.07 and a 12 month high of $100.96. The stock has a 50 day moving average of $76.03 and a 200 day moving average of $82.60. The firm has a market cap of $32.76 billion, a PE ratio of 56.57, a PEG ratio of 5.12 and a beta of 1.17.

Ingersoll Rand (NYSE:IR) last issued its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.03. The business had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.83 billion. Ingersoll Rand had a return on equity of 12.79% and a net margin of 7.54%.The company’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.72 EPS. 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 EPS for the current fiscal year.

About Ingersoll Rand

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.