Ingersoll Rand (NYSE:IR) Posts Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Ingersoll Rand (NYSE:IR) released its quarterly earnings data on Thursday. The industrial products company reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.03, FiscalAI reports. The business had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $1.96 billion. Ingersoll Rand had a net margin of 7.54% and a return on equity of 12.79%. The firm’s quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.80 EPS. Ingersoll Rand updated its FY 2026 guidance to 3.570-3.570 EPS.

Ingersoll Rand Stock Performance

IR stock traded down $0.57 during trading hours on Friday, reaching $83.75. The stock had a trading volume of 3,349,633 shares, compared to its average volume of 3,945,037. The stock has a 50-day simple moving average of $77.78 and a 200 day simple moving average of $82.68. Ingersoll Rand has a fifty-two week low of $68.07 and a fifty-two week high of $100.96. The stock has a market capitalization of $32.77 billion, a PE ratio of 56.75, a price-to-earnings-growth ratio of 5.35 and a beta of 1.17. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.23 and a quick ratio of 1.59.

Ingersoll Rand Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 13th will be given a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Thursday, August 13th. Ingersoll Rand’s dividend payout ratio is 5.41%.

Hedge Funds Weigh In On Ingersoll Rand

A number of hedge funds and other institutional investors have recently bought and sold shares of IR. Arax Advisory Partners bought a new stake in Ingersoll Rand in the 4th quarter valued at $35,000. DV Equities LLC acquired a new position in shares of Ingersoll Rand in the fourth quarter valued at approximately $40,000. Osterweis Capital Management Inc. increased its stake in shares of Ingersoll Rand by 6,210.0% during the second quarter. Osterweis Capital Management Inc. now owns 631 shares of the industrial products company’s stock worth $52,000 after purchasing an additional 621 shares during the period. EFG International AG acquired a new stake in Ingersoll Rand during the 4th quarter worth approximately $66,000. Finally, Geneos Wealth Management Inc. boosted its stake in Ingersoll Rand by 50.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,038 shares of the industrial products company’s stock valued at $86,000 after purchasing an additional 346 shares during the period. Institutional investors own 95.27% of the company’s stock.

More Ingersoll Rand News

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

• Positive Sentiment: Q2 results exceeded expectations: Adjusted earnings were $0.86 per share versus the $0.83 consensus estimate and $0.80 a year earlier. Revenue rose 8.5% year over year to $2.05 billion, beating estimates of $1.96 billion. Ingersoll Rand Reports Second Quarter 2026 Results
• Positive Sentiment: Full-year revenue outlook improved: Ingersoll Rand guided for fiscal 2026 revenue of approximately $8.0 billion to $8.1 billion, above the roughly $7.9 billion analyst consensus. Management cited strong organic growth, portfolio strength and improving order momentum. Ingersoll Rand Q2 Adjusted Earnings, Revenue Rise
• Neutral Sentiment: EPS guidance was above consensus but unchanged: The company provided fiscal 2026 EPS guidance of $3.57, compared with analyst expectations of $3.48. However, the lack of an increase to the earnings forecast appears to have limited the market’s reaction, particularly after the quarterly beat. Ingersoll Rand slips as revenue outlook rises but earnings forecast is steady
• Negative Sentiment: Investors may have expected a stronger profit outlook: With IR trading at a relatively high forward valuation, the steady earnings forecast may be viewed as insufficient despite the revenue increase and Q2 beat. This helps explain why the stock slipped following the results. Ingersoll Rand Q2 Earnings and Revenues Beat Estimates

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on IR. Evercore set a $84.00 price target on shares of Ingersoll Rand in a report on Monday, May 11th. Barclays reduced their target price on shares of Ingersoll Rand from $100.00 to $95.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Wells Fargo & Company dropped their price target on Ingersoll Rand from $90.00 to $88.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Citigroup cut their price target on Ingersoll Rand from $113.00 to $109.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Finally, Stifel Nicolaus decreased their price objective on Ingersoll Rand from $85.00 to $84.00 and set a “hold” rating for the company in a report on Monday, July 20th. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $91.86.

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.