FinArc Investments Inc. acquired a new stake in Ingersoll Rand Inc. (NYSE:IR – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 6,199 shares of the industrial products company’s stock, valued at approximately $497,000.
Other large investors have also added to or reduced their stakes in the company. Norges Bank bought a new stake in Ingersoll Rand during the 4th quarter worth approximately $407,915,000. T. Rowe Price Investment Management Inc. raised its stake in shares of Ingersoll Rand by 18.6% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 21,791,309 shares of the industrial products company’s stock valued at $1,726,308,000 after acquiring an additional 3,423,501 shares during the last quarter. Capital International Investors lifted its holdings in shares of Ingersoll Rand by 4.7% during the fourth quarter. Capital International Investors now owns 52,353,914 shares of the industrial products company’s stock worth $4,147,878,000 after purchasing an additional 2,351,781 shares during the period. Lazard Asset Management LLC acquired a new position in shares of Ingersoll Rand during the fourth quarter worth $149,297,000. Finally, Swedbank AB grew its stake in shares of Ingersoll Rand by 72.4% in the fourth quarter. Swedbank AB now owns 3,878,349 shares of the industrial products company’s stock worth $307,243,000 after purchasing an additional 1,628,996 shares during the last quarter. Institutional investors own 95.27% of the company’s stock.
Ingersoll Rand Price Performance
IR stock opened at $84.23 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. The firm has a market cap of $32.96 billion, a price-to-earnings ratio of 56.91, a PEG ratio of 5.35 and a beta of 1.17. The company’s fifty day simple moving average is $77.78 and its 200 day simple moving average is $82.68. Ingersoll Rand Inc. has a 12-month low of $68.07 and a 12-month high of $100.96.
Ingersoll Rand Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 13th will be paid a dividend of $0.02 per share. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $0.08 annualized dividend and a yield of 0.1%. Ingersoll Rand’s dividend payout ratio (DPR) is currently 5.41%.
Ingersoll Rand News Roundup
Here are the key news stories impacting Ingersoll Rand this week:
- Positive Sentiment: Ingersoll Rand reported second-quarter adjusted EPS of $0.86, ahead of the $0.83 consensus estimate and up from $0.80 a year earlier. Revenue rose 8.5% year over year to $2.05 billion, exceeding the $1.96 billion estimate. Ingersoll Rand Q2 Earnings and Revenues Beat Estimates
- Positive Sentiment: Management raised its fiscal 2026 revenue outlook to $8.0 billion-$8.1 billion, above the approximately $7.9 billion analyst consensus, signaling continued demand and order momentum. The company cited strong organic growth, portfolio strength and consistent execution. Ingersoll Rand Reports Second Quarter 2026 Results
- Neutral Sentiment: Full-year 2026 EPS guidance was listed at approximately $3.57, above the $3.48 consensus estimate. However, reports characterized the earnings forecast as essentially steady, limiting the upside reaction compared with the revenue outlook.
- Negative Sentiment: Investors may be concerned that Ingersoll Rand’s valuation remains elevated, with a price-to-earnings ratio above 50 and a PEG ratio above 5. Earlier commentary also argued that cash-flow performance leaves limited room for further upside, increasing the risk of profit-taking after the earnings release. Ingersoll Rand Stock Looks Pricey As Cash Flow Leaves Little Upside
Wall Street Analyst Weigh In
A number of research firms recently weighed in on IR. Evercore set a $84.00 price objective on Ingersoll Rand in a report on Monday, May 11th. Weiss Ratings upgraded Ingersoll Rand from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, July 21st. Barclays decreased their price target on Ingersoll Rand from $100.00 to $95.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Stifel Nicolaus lowered their price objective on Ingersoll Rand from $85.00 to $84.00 and set a “hold” rating for the company in a research report on Monday, July 20th. Finally, Morgan Stanley reduced their target price on Ingersoll Rand from $92.00 to $80.00 and set an “equal weight” rating on the stock in a report on Wednesday, June 3rd. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Ingersoll Rand currently has a consensus rating of “Moderate Buy” and a consensus price target of $91.86.
Check Out Our Latest Research Report on Ingersoll Rand
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.
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