Capital International Investors Has $4.13 Billion Position in Ingersoll Rand Inc. $IR

Capital International Investors raised its position in Ingersoll Rand Inc. (NYSE:IR) by 18.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 50,002,133 shares of the industrial products company’s stock after purchasing an additional 7,816,194 shares during the quarter. Capital International Investors owned 12.66% of Ingersoll Rand worth $4,131,157,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in IR. Norges Bank acquired a new position in shares of Ingersoll Rand in the second quarter valued at approximately $397,501,000. APG Asset Management N.V. boosted its position in Ingersoll Rand by 134.6% during the 3rd quarter. APG Asset Management N.V. now owns 2,433,972 shares of the industrial products company’s stock worth $201,095,000 after buying an additional 1,396,421 shares during the period. Swedbank AB grew its holdings in Ingersoll Rand by 141.1% during the 3rd quarter. Swedbank AB now owns 2,249,353 shares of the industrial products company’s stock worth $185,842,000 after acquiring an additional 1,316,375 shares during the last quarter. Liontrust Investment Partners LLP acquired a new position in Ingersoll Rand in the 2nd quarter valued at approximately $81,628,000. Finally, Vanguard Group Inc. raised its stake in shares of Ingersoll Rand by 1.9% during the second quarter. Vanguard Group Inc. now owns 47,128,533 shares of the industrial products company’s stock valued at $3,920,151,000 after acquiring an additional 859,062 shares during the last quarter. 95.27% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director John Humphrey sold 4,300 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $95.90, for a total transaction of $412,370.00. Following the completion of the sale, the director owned 23,983 shares of the company’s stock, valued at $2,299,969.70. This trade represents a 15.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Kathleen M. Keene sold 12,000 shares of the business’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $99.46, for a total transaction of $1,193,520.00. Following the transaction, the insider owned 3,528 shares in the company, valued at $350,894.88. The trade was a 77.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 584,771 shares of company stock valued at $54,976,547 in the last 90 days. Company insiders own 0.68% of the company’s stock.

Ingersoll Rand Price Performance

IR stock opened at $86.68 on Tuesday. The company has a quick ratio of 1.49, a current ratio of 2.06 and a debt-to-equity ratio of 0.47. The firm has a market cap of $33.95 billion, a price-to-earnings ratio of 59.78, a PEG ratio of 5.34 and a beta of 1.29. The company’s fifty day simple moving average is $89.96 and its 200 day simple moving average is $83.10. Ingersoll Rand Inc. has a 12-month low of $65.61 and a 12-month high of $100.96.

Ingersoll Rand (NYSE:IR) last issued its quarterly earnings results on Thursday, February 12th. The industrial products company reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $0.06. Ingersoll Rand had a return on equity of 12.62% and a net margin of 7.60%.The firm had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.04 billion. During the same period last year, the business posted $0.84 EPS. The business’s revenue was up 10.1% compared to the same quarter last year. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. On average, analysts expect that Ingersoll Rand Inc. will post 3.32 earnings per share for the current year.

Ingersoll Rand Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Wednesday, March 4th will be paid a dividend of $0.02 per share. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $0.08 annualized dividend and a yield of 0.1%. Ingersoll Rand’s dividend payout ratio (DPR) is currently 5.52%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Zacks Research raised shares of Ingersoll Rand from a “strong sell” rating to a “hold” rating in a research note on Friday, December 12th. Stifel Nicolaus raised their target price on Ingersoll Rand from $87.00 to $101.00 and gave the stock a “hold” rating in a research report on Tuesday, February 17th. Weiss Ratings reiterated a “hold (c)” rating on shares of Ingersoll Rand in a research report on Monday, December 29th. Citigroup increased their price target on Ingersoll Rand from $94.00 to $98.00 and gave the company a “buy” rating in a research note on Monday, January 12th. Finally, Barclays lifted their price objective on Ingersoll Rand from $91.00 to $111.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 17th. Four investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Ingersoll Rand has a consensus rating of “Hold” and a consensus price target of $101.86.

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.