Capital International Sarl Raises Stock Holdings in Ingersoll Rand Inc. $IR

Capital International Sarl boosted its stake in Ingersoll Rand Inc. (NYSE:IR) by 38.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 485,356 shares of the industrial products company’s stock after acquiring an additional 134,035 shares during the period. Capital International Sarl’s holdings in Ingersoll Rand were worth $40,100,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Heartwood Wealth Advisors LLC purchased a new stake in shares of Ingersoll Rand during the third quarter worth $36,000. Grey Fox Wealth Advisors LLC bought a new position in shares of Ingersoll Rand in the third quarter worth approximately $36,000. Westside Investment Management Inc. raised its position in shares of Ingersoll Rand by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 464 shares of the industrial products company’s stock valued at $39,000 after buying an additional 232 shares in the last quarter. ANTIPODES PARTNERS Ltd lifted its stake in Ingersoll Rand by 55.3% during the third quarter. ANTIPODES PARTNERS Ltd now owns 486 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 173 shares during the last quarter. Finally, Hantz Financial Services Inc. lifted its position in Ingersoll Rand by 106.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 584 shares of the industrial products company’s stock worth $48,000 after buying an additional 301 shares during the last quarter. Hedge funds and other institutional investors own 95.27% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on IR shares. Robert W. Baird set a $115.00 target price on Ingersoll Rand in a report on Tuesday, February 17th. Zacks Research upgraded shares of Ingersoll Rand from a “strong sell” rating to a “hold” rating in a research report on Friday, December 12th. Barclays upped their price objective on shares of Ingersoll Rand from $91.00 to $111.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. Wells Fargo & Company boosted their price objective on shares of Ingersoll Rand from $92.00 to $110.00 and gave the company an “overweight” rating in a research report on Tuesday, February 17th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Ingersoll Rand in a research report on Monday, December 29th. Four equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, Ingersoll Rand currently has an average rating of “Hold” and an average price target of $101.86.

Ingersoll Rand Price Performance

NYSE IR opened at $86.68 on Tuesday. The business’s fifty day moving average is $89.96 and its 200 day moving average is $83.10. The company has a market capitalization of $33.95 billion, a PE ratio of 59.78, a price-to-earnings-growth ratio of 5.34 and a beta of 1.29. Ingersoll Rand Inc. has a fifty-two week low of $65.61 and a fifty-two week high of $100.96. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.49 and a current ratio of 2.06.

Ingersoll Rand (NYSE:IR) last announced its quarterly earnings data 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. The business had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.04 billion. Ingersoll Rand had a return on equity of 12.62% and a net margin of 7.60%.The business’s revenue was up 10.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.84 earnings per share. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. Sell-side analysts predict that Ingersoll Rand Inc. will post 3.32 earnings per share for the current year.

Ingersoll Rand Announces Dividend

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 is Wednesday, March 4th. Ingersoll Rand’s dividend payout ratio is presently 5.52%.

Insider Activity at Ingersoll Rand

In other news, CAO Michael J. Scheske sold 19,122 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $97.67, for a total value of $1,867,645.74. Following the transaction, the chief accounting officer directly owned 12,153 shares in the company, valued at approximately $1,186,983.51. This represents a 61.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Vicente Reynal sold 191,000 shares of Ingersoll Rand stock in a transaction on Friday, January 16th. The shares were sold at an average price of $88.12, for a total value of $16,830,920.00. Following the sale, the insider directly owned 193,186 shares of the company’s stock, valued at approximately $17,023,550.32. This trade represents a 49.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 584,771 shares of company stock worth $54,976,547 over the last quarter. 0.68% of the stock is owned by insiders.

Ingersoll Rand 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.