Ingersoll Rand (NYSE:IR) Insider Sells 55,870 Shares

Ingersoll Rand Inc. (NYSE:IR) insider Vicente Reynal sold 55,870 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $100.39, for a total transaction of $5,608,789.30. Following the completion of the transaction, the insider directly owned 229,668 shares of the company’s stock, valued at approximately $23,056,370.52. This trade represents a 19.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

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

• On Tuesday, February 17th, Vicente Reynal sold 36,482 shares of Ingersoll Rand stock. The stock was sold at an average price of $97.50, for a total value of $3,556,995.00.
• 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 value of $8,840,315.52.
• On Tuesday, February 3rd, Vicente Reynal sold 9,719 shares of Ingersoll Rand stock. The shares were sold at an average price of $94.00, for a total transaction of $913,586.00.
• On Friday, January 16th, Vicente Reynal sold 191,000 shares of Ingersoll Rand stock. The shares were sold at an average price of $88.12, for a total value of $16,830,920.00.

Ingersoll Rand Trading Down 1.4%

IR traded down $1.41 during midday trading on Wednesday, hitting $97.35. The company’s stock had a trading volume of 2,957,557 shares, compared to its average volume of 4,439,333. Ingersoll Rand Inc. has a 52-week low of $65.61 and a 52-week high of $100.96. The firm has a 50-day moving average price of $86.59 and a two-hundred day moving average price of $81.65. The firm has a market cap of $38.46 billion, a P/E ratio of 67.14, a PEG ratio of 6.12 and a beta of 1.32. The company has a current ratio of 2.06, a quick ratio of 1.49 and a debt-to-equity ratio of 0.47.

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

Ingersoll Rand Announces Dividend

The business 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 $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 0.1%. The ex-dividend date is Wednesday, March 4th. Ingersoll Rand’s dividend payout ratio is currently 5.52%.

Analysts Set New Price Targets

Several research analysts recently commented on IR shares. Zacks Research upgraded Ingersoll Rand from a “strong sell” rating to a “hold” rating in a research note on Friday, December 12th. Barclays increased their target price on Ingersoll Rand from $91.00 to $111.00 and gave the stock an “overweight” rating in a research report on Tuesday. Robert W. Baird set a $115.00 price objective on Ingersoll Rand in a report on Tuesday. Weiss Ratings reissued a “hold (c)” rating on shares of Ingersoll Rand in a report on Monday, December 29th. Finally, Stifel Nicolaus boosted their target price on shares of Ingersoll Rand from $87.00 to $101.00 and gave the stock a “hold” rating in a report on Tuesday. Four equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $100.50.

Institutional Trading of Ingersoll Rand

Institutional investors have recently added to or reduced their stakes in the business. NewSquare Capital LLC raised its stake in shares of Ingersoll Rand by 150.7% in the 2nd quarter. NewSquare Capital LLC now owns 341 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 205 shares in the last quarter. Deseret Mutual Benefit Administrators grew its position 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 purchasing an additional 112 shares during the last quarter. Hilton Head Capital Partners LLC bought a new position in shares of Ingersoll Rand during the 4th quarter worth about $29,000. Torren Management LLC acquired a new position in shares of Ingersoll Rand during the fourth quarter valued at about $32,000. Finally, Salomon & Ludwin LLC lifted its stake in shares of Ingersoll Rand by 166.9% in the fourth quarter. Salomon & Ludwin LLC now owns 427 shares of the industrial products company’s stock valued at $35,000 after buying an additional 267 shares during the period. 95.27% of the stock is currently owned by institutional investors and hedge funds.

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.