Zacks Research Raises Earnings Estimates for Ingersoll Rand

Ingersoll Rand Inc. (NYSE:IR) – Analysts at Zacks Research increased their Q2 2028 EPS estimates for Ingersoll Rand in a research report issued to clients and investors on Tuesday, October 6th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings per share of $1.00 for the quarter, up from their prior estimate of $0.99. The consensus estimate for Ingersoll Rand’s current full-year earnings is $3.39 per share.

Ingersoll Rand (NYSE:IR) last issued its earnings results on Thursday, July 30th. The industrial products company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.83 by $0.03. Ingersoll Rand had a net margin of 12.08% and a return on equity of 12.90%. The company had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $1.96 billion. During the same quarter in the previous year, the company posted $0.80 EPS. The business’s revenue for the quarter was up 8.5% compared to the same quarter last year. Ingersoll Rand has set its FY 2026 guidance at 3.570-3.570 EPS.

Other equities analysts have also issued reports about the company. Stifel Nicolaus upgraded Ingersoll Rand from a “hold” rating to a “buy” rating and set a $101.00 target price for the company in a research report on Monday, August 3rd. Morgan Stanley set a $87.00 price objective on shares of Ingersoll Rand in a research note on Monday, August 10th. Wall Street Zen cut shares of Ingersoll Rand from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Weiss Ratings raised shares of Ingersoll Rand from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, July 21st. Finally, Robert W. Baird increased their target price on shares of Ingersoll Rand from $103.00 to $109.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $96.14.

Ingersoll Rand Trading Up 1.0%

NYSE IR opened at $78.03 on Wednesday. Ingersoll Rand has a 12 month low of $68.07 and a 12 month high of $100.96. The stock has a 50-day simple moving average of $78.52 and a 200 day simple moving average of $78.56. The company has a current ratio of 1.62, a quick ratio of 1.15 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $30.27 billion, a PE ratio of 32.11, a P/E/G ratio of 3.21 and a beta of 1.15.

Ingersoll Rand Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Thursday, August 13th were given a $0.02 dividend. The ex-dividend date was Thursday, August 13th. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. Ingersoll Rand’s payout ratio is currently 3.29%.

Insider Transactions at Ingersoll Rand

In related news, Director Aurobind Satpathy bought 11,538 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were purchased at an average cost of $86.68 per share, for a total transaction of $1,000,113.84. Following the acquisition, the director owned 11,538 shares of the company’s stock, valued at approximately $1,000,113.84. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.49% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. acquired a new stake in Ingersoll Rand in the 2nd quarter valued at approximately $2,484,319,000. T. Rowe Price Investment Management Inc. grew its stake in shares of Ingersoll Rand by 18.6% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 21,791,309 shares of the industrial products company’s stock worth $1,726,308,000 after acquiring an additional 3,423,501 shares in the last quarter. Jupiter Topco LLC bought a new position in shares of Ingersoll Rand during the 2nd quarter worth approximately $547,628,000. Janus Henderson Group PLC raised its holdings in shares of Ingersoll Rand by 2.3% in the first quarter. Janus Henderson Group PLC now owns 6,576,720 shares of the industrial products company’s stock valued at $526,926,000 after purchasing an additional 146,450 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in shares of Ingersoll Rand in the second quarter worth $328,309,000. 95.27% of the stock is owned by institutional investors and hedge funds.

Ingersoll Rand News Summary

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

• Positive Sentiment: Multiple upward EPS revisions: Zacks Research raised its estimates for Ingersoll Rand’s Q2 2027 EPS to $0.88 from $0.86, FY2027 EPS to $3.68 from $3.66, Q1 2028 EPS to $0.87 from $0.86, Q3 2028 EPS to $1.07 from $1.06, and FY2028 EPS to $4.06 from $4.03. The revisions signal slightly stronger expected earnings growth and may support investor sentiment. Zacks’ FY2027 and FY2028 forecasts are also above the current-year consensus estimate of $3.39 per share.
• Positive Sentiment: Long-term investment appeal: ClearBridge Investments highlighted Ingersoll Rand in commentary on its Large Cap Growth Strategy, characterizing the company as a high-quality industrial compounder. The mention reinforces the view that IR offers durable growth and business quality, though it is not a new corporate announcement. The Investment Case for Ingersoll Rand, a High-Quality Industrial Compounder
• Neutral Sentiment: Third-quarter earnings date set: Ingersoll Rand will release its third-quarter 2026 results after the market closes on October 29 and hold its conference call on October 30. Investors will look for updates on revenue, margins, orders and full-year guidance; the announcement itself does not change fundamentals. Ingersoll Rand Schedules Third Quarter 2026 Earnings Release and Conference Call

Ingersoll Rand Company Profile

Ingersoll Rand Inc (NYSE:IR) is a global provider of mission-critical industrial technologies and solutions. The company serves businesses across manufacturing, energy, life sciences, food and beverage, transportation, and other industrial markets.

Its products and services include air compressors, vacuum and blower systems, fluid management equipment, industrial pumps, and related aftermarket parts and services. Ingersoll Rand also offers technologies used for material handling, power tools, and other specialized industrial applications through a portfolio of established brands, including Ingersoll Rand, Gardner Denver, CompAir, and Club Car.

The modern Ingersoll Rand was formed in 2020 through the combination of Gardner Denver and the industrial segment of the former Ingersoll-Rand plc.