Ingersoll Rand (NYSE:IR) Issues Quarterly Earnings Results, Beats Expectations By $0.03 EPS

Ingersoll Rand (NYSE:IR) posted its earnings results on Thursday. The industrial products company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.83 by $0.03, FiscalAI reports. The business had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $1.96 billion. Ingersoll Rand had a return on equity of 12.91% and a net margin of 12.08%.The firm’s revenue was up 8.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.80 earnings per share. Ingersoll Rand updated its FY 2026 guidance to 3.570-3.570 EPS.

Ingersoll Rand Price Performance

Shares of IR traded down $0.98 during midday trading on Friday, reaching $83.34. The stock had a trading volume of 6,473,178 shares, compared to its average volume of 3,932,644. The company has a current ratio of 2.23, a quick ratio of 1.59 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $32.61 billion, a price-to-earnings ratio of 34.30, a price-to-earnings-growth ratio of 5.33 and a beta of 1.17. The company’s 50-day moving average is $78.03 and its 200 day moving average is $82.69. Ingersoll Rand has a 12-month low of $68.07 and a 12-month high of $100.96.

Ingersoll Rand Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 13th 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, August 13th. Ingersoll Rand’s dividend payout ratio is presently 3.29%.

Institutional Trading of Ingersoll Rand

A number of hedge funds have recently bought and sold shares of IR. Lazard Asset Management LLC purchased a new stake in Ingersoll Rand in the fourth quarter worth approximately $149,297,000. Amundi raised its stake in shares of Ingersoll Rand by 49.2% during the fourth quarter. Amundi now owns 3,027,879 shares of the industrial products company’s stock worth $239,864,000 after acquiring an additional 999,040 shares in the last quarter. UBS Group AG lifted its holdings in shares of Ingersoll Rand by 26.7% in the 3rd quarter. UBS Group AG now owns 3,625,020 shares of the industrial products company’s stock worth $299,499,000 after acquiring an additional 765,041 shares during the last quarter. Voloridge Investment Management LLC lifted its holdings in shares of Ingersoll Rand by 961.0% in the 4th quarter. Voloridge Investment Management LLC now owns 472,947 shares of the industrial products company’s stock worth $37,467,000 after acquiring an additional 428,373 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Ingersoll Rand by 7.0% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,568,800 shares of the industrial products company’s stock valued at $441,160,000 after purchasing an additional 365,497 shares in the last quarter. Institutional investors own 95.27% of the company’s stock.

Analyst Ratings Changes

Several analysts have weighed in on IR shares. Robert W. Baird set a $103.00 price target on Ingersoll Rand in a report on Thursday, April 30th. Wall Street Zen raised Ingersoll Rand from a “hold” rating to a “buy” rating in a report on Saturday, July 25th. Weiss Ratings upgraded shares of Ingersoll Rand from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, July 21st. Citigroup lowered their target price on shares of Ingersoll Rand from $113.00 to $109.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Finally, Barclays dropped their target price 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. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $91.86.

More Ingersoll Rand News

Here are the key news stories impacting Ingersoll Rand this week:

• Positive Sentiment: Q2 results exceeded expectations: Adjusted earnings were $0.86 per share versus the $0.83 consensus, while revenue increased 8.5% year over year to $2.05 billion, topping estimates of $1.96 billion. Ingersoll Rand Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Full-year revenue outlook was raised: Ingersoll Rand now expects 2026 revenue of approximately $8.0 billion to $8.1 billion, above the roughly $7.9 billion Wall Street forecast. Management also cited stronger orders, cash flow and continued acquisition momentum. Ingersoll Rand Beats Q2 Earnings Estimates, Raises Revenue Guidance
• Neutral Sentiment: EPS guidance remains strong but unchanged: The company reiterated full-year 2026 adjusted EPS guidance of about $3.57, above the prior analyst consensus near $3.48. The lack of an additional increase may limit the market’s response to the earnings beat. Ingersoll Rand Reports Second Quarter 2026 Results
• Negative Sentiment: Valuation and expectations remain risks: With Ingersoll Rand trading at a relatively high forward valuation, investors may require accelerating earnings growth. Consequently, the unchanged EPS forecast appears to be outweighing the revenue upgrade and quarterly beats today. Ingersoll Rand Slips as Revenue Outlook Rises but Earnings Forecast Is Steady

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.