Robeco Schweiz AG Has $26.21 Million Stock Position in Ingersoll Rand Inc. $IR

Robeco Schweiz AG reduced its stake in shares of Ingersoll Rand Inc. (NYSE:IRFree Report) by 13.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 330,873 shares of the industrial products company’s stock after selling 50,100 shares during the quarter. Robeco Schweiz AG’s holdings in Ingersoll Rand were worth $26,212,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of IR. Capital International Investors grew its holdings in shares of Ingersoll Rand by 18.5% during the 3rd quarter. Capital International Investors now owns 50,002,133 shares of the industrial products company’s stock worth $4,131,157,000 after purchasing an additional 7,816,194 shares in the last quarter. Capital World Investors lifted its position in shares of Ingersoll Rand by 19.2% during the 3rd quarter. Capital World Investors now owns 31,787,657 shares of the industrial products company’s stock worth $2,626,296,000 after buying an additional 5,110,668 shares during the last quarter. Capital Research Global Investors lifted its position in shares of Ingersoll Rand by 14.3% during the 3rd quarter. Capital Research Global Investors now owns 19,254,676 shares of the industrial products company’s stock worth $1,590,818,000 after buying an additional 2,406,183 shares during the last quarter. Swedbank AB lifted its position in shares of Ingersoll Rand by 72.4% during the 4th quarter. Swedbank AB now owns 3,878,349 shares of the industrial products company’s stock worth $307,243,000 after buying an additional 1,628,996 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in shares of Ingersoll Rand by 24,176.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,623,131 shares of the industrial products company’s stock worth $128,584,000 after buying an additional 1,616,445 shares during the last quarter. 95.27% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on IR shares. Stifel Nicolaus dropped their price objective on Ingersoll Rand from $101.00 to $90.00 and set a “hold” rating for the company in a research report on Tuesday, April 14th. Weiss Ratings restated a “hold (c)” rating on shares of Ingersoll Rand in a research report on Friday, March 27th. Wells Fargo & Company dropped their price objective on Ingersoll Rand from $90.00 to $88.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Barclays dropped their price objective on Ingersoll Rand from $100.00 to $95.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Finally, Robert W. Baird set a $103.00 price objective on Ingersoll Rand in a research report on Thursday, April 30th. Four analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Ingersoll Rand currently has an average rating of “Hold” and an average target price of $94.71.

View Our Latest Stock Analysis on Ingersoll Rand

Insider Buying and Selling

In other news, insider Vicente Reynal sold 118,044 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $94.11, for a total value of $11,109,120.84. Following the transaction, the insider owned 209,534 shares in the company, valued at $19,719,244.74. This trade represents a 36.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Vikram Kini sold 28,367 shares of Ingersoll Rand stock in a transaction on Friday, February 20th. The stock was sold at an average price of $96.50, for a total value of $2,737,415.50. Following the sale, the chief financial officer owned 98,517 shares in the company, valued at $9,506,890.50. This trade represents a 22.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 324,263 shares of company stock valued at $31,075,021. 0.49% of the stock is currently owned by company insiders.

Ingersoll Rand Trading Up 4.1%

Shares of Ingersoll Rand stock opened at $78.90 on Thursday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.59 and a current ratio of 2.23. Ingersoll Rand Inc. has a 52 week low of $72.45 and a 52 week high of $100.96. The stock has a 50 day moving average price of $84.27 and a two-hundred day moving average price of $83.74. The stock has a market capitalization of $30.88 billion, a PE ratio of 53.31, a price-to-earnings-growth ratio of 4.79 and a beta of 1.25.

Ingersoll Rand (NYSE:IRGet Free Report) last posted its earnings results on Tuesday, April 28th. The industrial products company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.03. Ingersoll Rand had a return on equity of 12.79% and a net margin of 7.54%.The company had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.83 billion. During the same quarter last year, the company earned $0.72 earnings per share. The company’s revenue for the quarter was up 7.6% on a year-over-year basis. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. As a group, equities analysts anticipate that Ingersoll Rand Inc. will post 3.38 earnings per share for the current fiscal year.

Ingersoll Rand Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 14th will be issued a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Thursday, May 14th. Ingersoll Rand’s dividend payout ratio (DPR) is currently 5.41%.

Ingersoll Rand Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Ingersoll Rand (NYSE:IR)

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