Ingersoll Rand (NYSE:IR) Issues FY 2026 Earnings Guidance

Ingersoll Rand (NYSE:IR) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 3.570-3.570 for the period, compared to the consensus estimate of 3.480. The company issued revenue guidance of $8.0 billion-$8.1 billion, compared to the consensus revenue estimate of $7.9 billion.

Ingersoll Rand Stock Down 1.2%

IR stock traded down $0.98 during midday trading on Friday, hitting $83.34. The stock had a trading volume of 6,473,178 shares, compared to its average volume of 3,932,644. The business has a 50-day moving average of $78.03 and a two-hundred day moving average of $82.69. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.23 and a quick ratio of 1.59. The firm has a market cap of $32.61 billion, a price-to-earnings ratio of 34.30, a price-to-earnings-growth ratio of 5.33 and a beta of 1.17. Ingersoll Rand has a 52-week low of $68.07 and a 52-week high of $100.96.

Ingersoll Rand (NYSE:IR) last released its earnings results on Thursday, July 30th. The industrial products company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.03. Ingersoll Rand had a net margin of 12.08% and a return on equity of 12.91%. The firm had revenue of $2.05 billion during the quarter, compared to analyst estimates of $1.96 billion. During the same period last year, the business earned $0.80 earnings per share. The business’s 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. As a group, equities research analysts forecast that Ingersoll Rand will post 3.37 earnings per share for the current fiscal year.

Ingersoll Rand Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Weiss Ratings upgraded shares of Ingersoll Rand from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, July 21st. Evercore set a $84.00 price objective on shares of Ingersoll Rand in a research note on Monday, May 11th. Robert W. Baird set a $103.00 price objective on shares of Ingersoll Rand in a report on Thursday, April 30th. Barclays decreased their target price on shares of Ingersoll Rand from $100.00 to $95.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Finally, Wells Fargo & Company cut their target price 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. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $91.86.

Trending Headlines about 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

Hedge Funds Weigh In On Ingersoll Rand

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC grew its holdings in shares of Ingersoll Rand by 12.7% during the 1st quarter. AQR Capital Management LLC now owns 37,078 shares of the industrial products company’s stock worth $2,904,000 after purchasing an additional 4,167 shares during the period. NewEdge Advisors LLC boosted its holdings in Ingersoll Rand by 4.8% in the first quarter. NewEdge Advisors LLC now owns 6,168 shares of the industrial products company’s stock valued at $494,000 after purchasing an additional 282 shares during the period. Empowered Funds LLC increased its holdings in Ingersoll Rand by 6.2% during the 1st quarter. Empowered Funds LLC now owns 7,731 shares of the industrial products company’s stock worth $619,000 after purchasing an additional 454 shares during the period. Woodline Partners LP purchased a new position in shares of Ingersoll Rand in the 1st quarter valued at about $643,000. Finally, Arrowstreet Capital Limited Partnership lifted its stake in Ingersoll Rand by 663.2% in the second quarter. Arrowstreet Capital Limited Partnership now owns 74,615 shares of the industrial products company’s stock worth $6,206,000 after acquiring an additional 64,838 shares during the last quarter. Hedge funds and other institutional investors own 95.27% of the company’s stock.

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.