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

Shares of Ingersoll Rand Inc. (NYSE:IR) have earned an average recommendation of “Moderate Buy” from the eight brokerages that are currently covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $91.8571.

A number of analysts recently weighed in on the stock. Citigroup reduced their price objective on shares of Ingersoll Rand from $113.00 to $109.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. Stifel Nicolaus cut their target price on Ingersoll Rand from $85.00 to $84.00 and set a “hold” rating on the stock in a research note on Monday. Robert W. Baird set a $103.00 price target on Ingersoll Rand in a research note 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 report on Thursday, April 30th. Finally, Wells Fargo & Company cut their price objective on Ingersoll Rand from $90.00 to $88.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Deseret Mutual Benefit Administrators grew its stake 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 in the last quarter. Hilton Head Capital Partners LLC purchased a new stake in shares of Ingersoll Rand in the fourth quarter valued at approximately $29,000. Reflection Asset Management purchased a new position in Ingersoll Rand during the 4th quarter worth $31,000. Torren Management LLC purchased a new position in Ingersoll Rand during the 4th quarter worth $32,000. Finally, Salomon & Ludwin LLC raised its position in Ingersoll Rand by 166.9% during the 4th quarter. Salomon & Ludwin LLC now owns 427 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 267 shares in the last quarter. Hedge funds and other institutional investors own 95.27% of the company’s stock.

Ingersoll Rand Stock Up 1.0%

NYSE IR opened at $84.40 on Friday. The company has a quick ratio of 1.59, a current ratio of 2.23 and a debt-to-equity ratio of 0.47. Ingersoll Rand has a 52 week low of $68.07 and a 52 week high of $100.96. The firm has a market capitalization of $33.03 billion, a price-to-earnings ratio of 57.03, a PEG ratio of 5.28 and a beta of 1.17. The company has a fifty day moving average of $76.28 and a two-hundred day moving average of $82.63.

Ingersoll Rand (NYSE:IR) last announced its earnings results on Tuesday, April 28th. The industrial products company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.03. Ingersoll Rand had a net margin of 7.54% and a return on equity of 12.79%. The business had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.83 billion. During the same quarter in the prior year, the firm posted $0.72 earnings per share. The business’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. On average, analysts predict that Ingersoll Rand will post 3.37 earnings per share for the current year.

Ingersoll Rand Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 13th will be paid a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Thursday, August 13th. Ingersoll Rand’s payout ratio is currently 5.41%.

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.