FY2027 EPS Estimates for Ingersoll Rand Increased by Analyst

Ingersoll Rand Inc. (NYSE:IRFree Report) – Equities researchers at Zacks Research increased their FY2027 earnings estimates for shares of Ingersoll Rand in a research note issued on Monday, August 31st. Zacks Research analyst Team now anticipates that the industrial products company will earn $3.66 per share for the year, up from their prior forecast of $3.65. The consensus estimate for Ingersoll Rand’s current full-year earnings is $3.39 per share. Zacks Research also issued estimates for Ingersoll Rand’s Q4 2027 earnings at $1.08 EPS and Q2 2028 earnings at $0.99 EPS.

A number of other brokerages have also weighed in on IR. Robert W. Baird lifted their target price on Ingersoll Rand from $103.00 to $109.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Wall Street Zen downgraded Ingersoll Rand from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Weiss Ratings upgraded Ingersoll Rand from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, July 21st. Evercore set a $84.00 price objective on Ingersoll Rand in a report on Monday, May 11th. Finally, Stifel Nicolaus raised shares of Ingersoll Rand from a “hold” rating to a “buy” rating and set a $101.00 price objective for the company in a research note on Monday, August 3rd. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Ingersoll Rand has a consensus rating of “Moderate Buy” and a consensus price target of $96.14.

View Our Latest Research Report on Ingersoll Rand

Ingersoll Rand Stock Down 1.8%

Shares of NYSE IR opened at $77.13 on Tuesday. 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 $29.93 billion, a price-to-earnings ratio of 31.74, a PEG ratio of 4.94 and a beta of 1.17. The stock has a 50 day moving average price of $82.00 and a 200 day moving average price of $81.64. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.15 and a current ratio of 1.62.

Ingersoll Rand (NYSE:IRGet Free Report) last issued its earnings results on Thursday, July 30th. The industrial products company reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.03. Ingersoll Rand had a net margin of 12.08% and a return on equity of 12.90%. The business had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.96 billion. During the same period last year, the company posted $0.80 earnings per share. The company’s quarterly revenue 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.

Institutional Trading of Ingersoll Rand

Several hedge funds and other institutional investors have recently made changes to their positions in IR. Bell Investment Advisors Inc purchased a new position in Ingersoll Rand during the 2nd quarter worth $26,000. Continuum Advisory LLC acquired a new position in Ingersoll Rand during the 2nd quarter valued at about $27,000. Deseret Mutual Benefit Administrators raised its stake in Ingersoll Rand by 46.9% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 351 shares of the industrial products company’s stock valued at $28,000 after buying an additional 112 shares during the last quarter. Hilton Head Capital Partners LLC purchased a new stake in Ingersoll Rand in the fourth quarter valued at about $29,000. Finally, Reflection Asset Management acquired a new stake in Ingersoll Rand in the fourth quarter worth about $31,000. Hedge funds and other institutional investors own 95.27% of the company’s stock.

Insider Transactions at Ingersoll Rand

In other Ingersoll Rand news, Director Aurobind Satpathy purchased 11,538 shares of Ingersoll Rand stock in a transaction dated Monday, August 3rd. The shares were acquired at an average cost of $86.68 per share, with a total value of $1,000,113.84. Following the completion of the transaction, the director owned 11,538 shares in the company, valued at approximately $1,000,113.84. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.49% of the company’s stock.

Ingersoll Rand Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 13th will be paid a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 0.1%. The ex-dividend date is Thursday, August 13th. Ingersoll Rand’s dividend payout ratio (DPR) is 3.29%.

Ingersoll Rand Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for Ingersoll Rand (NYSE:IR)

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