Ingersoll Rand (NYSE:IR) Insider Vicente Reynal Sells 36,482 Shares

Ingersoll Rand Inc. (NYSE:IR) insider Vicente Reynal sold 36,482 shares of the business’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $97.50, for a total transaction of $3,556,995.00. Following the transaction, the insider owned 193,186 shares of the company’s stock, valued at approximately $18,835,635. The trade was a 15.88% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Vicente Reynal also recently made the following trade(s):

• On Friday, February 13th, Vicente Reynal sold 55,870 shares of Ingersoll Rand stock. The shares were sold at an average price of $100.39, for a total value of $5,608,789.30.
• On Wednesday, February 11th, Vicente Reynal sold 440 shares of Ingersoll Rand stock. The stock was sold at an average price of $100.00, for a total transaction of $44,000.00.
• On Wednesday, February 4th, Vicente Reynal sold 90,281 shares of Ingersoll Rand stock. The stock was sold at an average price of $97.92, for a total transaction of $8,840,315.52.
• On Tuesday, February 3rd, Vicente Reynal sold 9,719 shares of Ingersoll Rand stock. The stock was sold at an average price of $94.00, for a total value of $913,586.00.
• On Friday, January 16th, Vicente Reynal sold 191,000 shares of Ingersoll Rand stock. The stock was sold at an average price of $88.12, for a total value of $16,830,920.00.

Ingersoll Rand Stock Performance

Shares of IR stock traded down $1.41 during trading hours on Wednesday, hitting $97.35. The stock had a trading volume of 2,957,557 shares, compared to its average volume of 4,439,333. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.06 and a quick ratio of 1.49. The firm has a market capitalization of $38.46 billion, a PE ratio of 67.14, a PEG ratio of 6.12 and a beta of 1.32. The stock’s 50 day moving average is $86.59 and its 200 day moving average is $81.65. Ingersoll Rand Inc. has a twelve month low of $65.61 and a twelve month high of $100.96.

Ingersoll Rand (NYSE:IR) last released its quarterly earnings results on Thursday, February 12th. The industrial products company reported $0.96 EPS for the quarter, beating the consensus estimate of $0.90 by $0.06. Ingersoll Rand had a net margin of 7.60% and a return on equity of 12.62%. The firm had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.04 billion. During the same quarter in the prior year, the firm earned $0.84 EPS. Ingersoll Rand’s revenue for the quarter was up 10.1% on a year-over-year basis. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. As a group, research analysts forecast that Ingersoll Rand Inc. will post 3.32 earnings per share for the current fiscal year.

Ingersoll Rand Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Wednesday, March 4th will be issued 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 Wednesday, March 4th. Ingersoll Rand’s dividend payout ratio is currently 5.52%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on IR. Wells Fargo & Company upped their target price on shares of Ingersoll Rand from $92.00 to $110.00 and gave the stock an “overweight” rating in a research report on Tuesday. Zacks Research raised Ingersoll Rand from a “strong sell” rating to a “hold” rating in a report on Friday, December 12th. Weiss Ratings reissued a “hold (c)” rating on shares of Ingersoll Rand in a research note on Monday, December 29th. Robert W. Baird set a $115.00 price target on shares of Ingersoll Rand in a report on Tuesday. Finally, Stifel Nicolaus raised their price objective on shares of Ingersoll Rand from $87.00 to $101.00 and gave the stock a “hold” rating in a research note on Tuesday. Four research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $100.50.

Hedge Funds Weigh In On Ingersoll Rand

Several institutional investors and hedge funds have recently made changes to their positions in IR. Deseret Mutual Benefit Administrators boosted its position in shares of Ingersoll Rand by 46.9% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 351 shares of the industrial products company’s stock worth $28,000 after buying an additional 112 shares during the period. Vontobel Holding Ltd. boosted its position 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 worth $516,000 after acquiring an additional 130 shares during the period. Whittier Trust Co. grew its stake in shares of Ingersoll Rand by 8.5% in 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 in the last quarter. Sumitomo Life Insurance Co. increased its holdings in shares of Ingersoll Rand by 0.7% during the fourth quarter. Sumitomo Life Insurance Co. now owns 21,284 shares of the industrial products company’s stock valued at $1,686,000 after purchasing an additional 138 shares during the period. Finally, Andina Capital Management LLC raised its stake in shares of Ingersoll Rand by 2.6% during the fourth quarter. Andina Capital Management LLC now owns 5,628 shares of the industrial products company’s stock valued at $446,000 after purchasing an additional 145 shares in the last quarter. 95.27% of the stock is currently owned by hedge funds and other institutional investors.

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.