Ingersoll Rand Inc. (NYSE:IR) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Ingersoll Rand Inc. (NYSE:IR) have received an average recommendation of “Moderate Buy” from the eight research firms that are currently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $96.1429.

A number of research firms have issued reports on IR. Wall Street Zen downgraded Ingersoll Rand from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Barclays lowered their price target on shares of Ingersoll Rand from $100.00 to $95.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Stifel Nicolaus raised shares of Ingersoll Rand from a “hold” rating to a “buy” rating and set a $101.00 price objective on the stock in a research note on Monday, August 3rd. Citigroup cut their price objective on shares of Ingersoll Rand from $113.00 to $109.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Finally, Morgan Stanley set a $87.00 target price on shares of Ingersoll Rand in a report on Monday, August 10th.

Ingersoll Rand Price Performance

IR stock opened at $82.33 on Tuesday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.62 and a quick ratio of 1.15. Ingersoll Rand has a 1 year low of $68.07 and a 1 year high of $100.96. The firm has a 50-day moving average of $81.26 and a 200 day moving average of $82.59. The company has a market cap of $31.94 billion, a P/E ratio of 33.88, a PEG ratio of 5.25 and a beta of 1.17.

Ingersoll Rand (NYSE:IR) last announced its earnings results on Thursday, July 30th. The industrial products company reported $0.86 earnings per share (EPS) 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 analyst estimates of $1.96 billion. Ingersoll Rand had a return on equity of 12.90% and a net margin of 12.08%.The business’s revenue was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.80 EPS. Ingersoll Rand has set its FY 2026 guidance at 3.570-3.570 EPS. On average, sell-side analysts forecast that Ingersoll Rand will post 3.38 EPS for the current year.

Ingersoll Rand Dividend Announcement

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

Insider Transactions at Ingersoll Rand

In related news, Director Aurobind Satpathy acquired 11,538 shares of the stock in a transaction on Monday, August 3rd. The stock was acquired at an average price of $86.68 per share, for a total transaction of $1,000,113.84. Following the completion of the purchase, the director owned 11,538 shares of the company’s stock, valued at $1,000,113.84. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.49% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Bell Investment Advisors Inc purchased a new stake in shares of Ingersoll Rand during the second quarter valued at approximately $26,000. Deseret Mutual Benefit Administrators raised its holdings in Ingersoll Rand by 46.9% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 351 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 112 shares during the last quarter. Hilton Head Capital Partners LLC purchased a new position in Ingersoll Rand in the 4th quarter worth approximately $29,000. Reflection Asset Management bought a new position in Ingersoll Rand in the 4th quarter valued at approximately $31,000. Finally, Torren Management LLC purchased a new stake in Ingersoll Rand during the 4th quarter valued at $32,000. 95.27% of the stock is owned by hedge funds and other institutional investors.

Ingersoll Rand Company Profile

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.