
Ingersoll Rand Inc. (NYSE:IR – Free Report) – Equities researchers at Zacks Research reduced their Q2 2026 earnings estimates for Ingersoll Rand in a research report issued on Thursday, February 5th. Zacks Research analyst Team now expects that the industrial products company will earn $0.82 per share for the quarter, down from their previous estimate of $0.83. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Ingersoll Rand’s current full-year earnings is $3.32 per share.
IR has been the subject of a number of other research reports. Stifel Nicolaus boosted their price target on Ingersoll Rand from $81.00 to $87.00 and gave the company a “hold” rating in a research report on Friday, January 23rd. Robert W. Baird cut their price target on shares of Ingersoll Rand from $103.00 to $100.00 and set an “outperform” rating on the stock in a report on Monday, November 3rd. Citigroup lifted their price target on shares of Ingersoll Rand from $94.00 to $98.00 and gave the company a “buy” rating in a research report on Monday, January 12th. Wells Fargo & Company increased their price objective on shares of Ingersoll Rand from $87.00 to $92.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 7th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Ingersoll Rand in a report on Monday, December 29th. Four research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $92.13.
Ingersoll Rand Stock Down 0.6%
Shares of NYSE IR opened at $97.80 on Monday. The stock has a market capitalization of $38.64 billion, a PE ratio of 72.44, a P/E/G ratio of 6.11 and a beta of 1.32. The company has a quick ratio of 1.51, a current ratio of 2.16 and a debt-to-equity ratio of 0.47. The firm has a fifty day moving average of $84.79 and a 200-day moving average of $81.18. Ingersoll Rand has a 52-week low of $65.61 and a 52-week high of $99.54.
Institutional Trading of Ingersoll Rand
A number of hedge funds have recently made changes to their positions in the stock. Vontobel Holding Ltd. boosted its stake in Ingersoll Rand by 2.1% during the 3rd quarter. Vontobel Holding Ltd. now owns 6,242 shares of the industrial products company’s stock valued at $516,000 after acquiring an additional 130 shares during the last quarter. Whittier Trust Co. lifted its position in shares of Ingersoll Rand by 8.5% during the third quarter. Whittier Trust Co. now owns 1,668 shares of the industrial products company’s stock worth $140,000 after purchasing an additional 131 shares during the last quarter. Parkside Financial Bank & Trust grew its stake in Ingersoll Rand by 14.2% in the second quarter. Parkside Financial Bank & Trust now owns 1,206 shares of the industrial products company’s stock worth $100,000 after purchasing an additional 150 shares in the last quarter. AE Wealth Management LLC grew its stake in Ingersoll Rand by 5.5% in the second quarter. AE Wealth Management LLC now owns 2,916 shares of the industrial products company’s stock worth $243,000 after purchasing an additional 151 shares in the last quarter. Finally, Golden State Equity Partners increased its holdings in Ingersoll Rand by 5.1% in the third quarter. Golden State Equity Partners now owns 3,212 shares of the industrial products company’s stock valued at $265,000 after buying an additional 155 shares during the last quarter. Institutional investors and hedge funds own 95.27% of the company’s stock.
Insiders Place Their Bets
In other news, insider Vicente Reynal sold 191,000 shares of the firm’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $88.12, for a total transaction of $16,830,920.00. Following the completion of the sale, the insider directly owned 193,186 shares in the company, valued at $17,023,550.32. This trade represents a 49.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Michael J. Scheske sold 1,477 shares of the business’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $80.63, for a total value of $119,090.51. Following the completion of the transaction, the chief accounting officer owned 12,153 shares in the company, valued at approximately $979,896.39. This trade represents a 10.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 292,477 shares of company stock worth $26,703,912 in the last quarter. 0.68% of the stock is currently owned by company insiders.
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.
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