Healthcare of Ontario Pension Plan Trust Fund Lowers Holdings in Ingersoll Rand Inc. $IR

Healthcare of Ontario Pension Plan Trust Fund lowered its holdings in Ingersoll Rand Inc. (NYSE:IR) by 95.0% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 22,364 shares of the industrial products company’s stock after selling 426,149 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Ingersoll Rand were worth $1,792,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Gamco Investors INC. ET AL lifted its holdings in Ingersoll Rand by 1.0% during the 1st quarter. Gamco Investors INC. ET AL now owns 92,848 shares of the industrial products company’s stock worth $7,439,000 after buying an additional 886 shares in the last quarter. Compound Planning Inc. grew its stake in shares of Ingersoll Rand by 21.5% in the first quarter. Compound Planning Inc. now owns 3,833 shares of the industrial products company’s stock worth $307,000 after acquiring an additional 679 shares in the last quarter. Modern Wealth Management LLC acquired a new position in shares of Ingersoll Rand in the first quarter worth $364,000. Bank of Nova Scotia increased its position in shares of Ingersoll Rand by 7.1% during the first quarter. Bank of Nova Scotia now owns 56,854 shares of the industrial products company’s stock worth $4,555,000 after acquiring an additional 3,782 shares during the period. Finally, Lido Advisors LLC raised its stake in shares of Ingersoll Rand by 33.5% in the first quarter. Lido Advisors LLC now owns 6,554 shares of the industrial products company’s stock valued at $525,000 after acquiring an additional 1,644 shares in the last quarter. 95.27% of the stock is owned by hedge funds and other institutional investors.

Ingersoll Rand Trading Down 1.2%

IR opened at $83.34 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.59 and a current ratio of 2.23. Ingersoll Rand Inc. has a one year low of $68.07 and a one year high of $100.96. The company has a market cap of $32.61 billion, a P/E ratio of 34.30, a PEG ratio of 5.33 and a beta of 1.17. The business’s 50-day simple moving average is $78.03 and its 200-day simple moving average is $82.69.

Ingersoll Rand (NYSE:IR) last posted its earnings results on Thursday, July 30th. The industrial products company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.03. The firm had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $1.96 billion. Ingersoll Rand had a return on equity of 12.91% and a net margin of 12.08%.The firm’s revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.80 earnings per share. Ingersoll Rand has set its FY 2026 guidance at 3.570-3.570 EPS. As a group, equities research analysts expect that Ingersoll Rand Inc. will post 3.37 EPS for the current fiscal year.

Ingersoll Rand Announces Dividend

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

Key Headlines Impacting Ingersoll Rand

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, while revenue increased 8.5% year over year to $2.05 billion, topping estimates of $1.96 billion. Ingersoll Rand Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Full-year revenue outlook was raised: Ingersoll Rand now expects 2026 revenue of approximately $8.0 billion to $8.1 billion, above the roughly $7.9 billion Wall Street forecast. Management also cited stronger orders, cash flow and continued acquisition momentum. Ingersoll Rand Beats Q2 Earnings Estimates, Raises Revenue Guidance
• Neutral Sentiment: EPS guidance remains strong but unchanged: The company reiterated full-year 2026 adjusted EPS guidance of about $3.57, above the prior analyst consensus near $3.48. The lack of an additional increase may limit the market’s response to the earnings beat. Ingersoll Rand Reports Second Quarter 2026 Results
• Negative Sentiment: Valuation and expectations remain risks: With Ingersoll Rand trading at a relatively high forward valuation, investors may require accelerating earnings growth. Consequently, the unchanged EPS forecast appears to be outweighing the revenue upgrade and quarterly beats today. Ingersoll Rand Slips as Revenue Outlook Rises but Earnings Forecast Is Steady

Analyst Upgrades and Downgrades

IR has been the subject of a number of recent research reports. Evercore set a $84.00 target price on Ingersoll Rand in a report on Monday, May 11th. Wells Fargo & Company cut 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. Weiss Ratings raised Ingersoll Rand from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, July 21st. Robert W. Baird set a $103.00 price objective on Ingersoll Rand in a research note on Thursday, April 30th. Finally, Stifel Nicolaus lowered their price objective on Ingersoll Rand from $85.00 to $84.00 and set a “hold” rating for the company in a research report on Monday, July 20th. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target 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.