Ingersoll Rand Inc. $IR Position Raised by Natixis Advisors LLC

Natixis Advisors LLC lifted its position in shares of Ingersoll Rand Inc. (NYSE:IR) by 38.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 188,277 shares of the industrial products company’s stock after acquiring an additional 52,729 shares during the period. Natixis Advisors LLC’s holdings in Ingersoll Rand were worth $15,555,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. AQR Capital Management LLC grew its position in Ingersoll Rand by 12.7% in the 1st quarter. AQR Capital Management LLC now owns 37,078 shares of the industrial products company’s stock worth $2,904,000 after purchasing an additional 4,167 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of Ingersoll Rand by 4.8% during the first quarter. NewEdge Advisors LLC now owns 6,168 shares of the industrial products company’s stock valued at $494,000 after buying an additional 282 shares during the last quarter. Empowered Funds LLC boosted its position in shares of Ingersoll Rand by 6.2% during the first quarter. Empowered Funds LLC now owns 7,731 shares of the industrial products company’s stock worth $619,000 after buying an additional 454 shares during the period. Woodline Partners LP acquired a new position in shares of Ingersoll Rand during the first quarter worth approximately $643,000. Finally, Savant Capital LLC grew its holdings in Ingersoll Rand by 12.6% in the 2nd quarter. Savant Capital LLC now owns 9,512 shares of the industrial products company’s stock worth $791,000 after buying an additional 1,065 shares in the last quarter. Institutional investors and hedge funds own 95.27% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Barclays lifted their target price on Ingersoll Rand from $91.00 to $111.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. Weiss Ratings reissued a “hold (c)” rating on shares of Ingersoll Rand in a research note on Monday, December 29th. Stifel Nicolaus raised their price target on Ingersoll Rand from $87.00 to $101.00 and gave the company a “hold” rating in a report on Tuesday, February 17th. Zacks Research upgraded shares of Ingersoll Rand from a “strong sell” rating to a “hold” rating in a research note on Friday, December 12th. Finally, Wells Fargo & Company increased their target price on shares of Ingersoll Rand from $92.00 to $110.00 and gave the company an “overweight” rating in a research report on Tuesday, February 17th. Four equities research 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 currently has an average rating of “Hold” and a consensus target price of $101.86.

Ingersoll Rand Stock Down 4.6%

Shares of IR stock opened at $81.27 on Friday. Ingersoll Rand Inc. has a 1 year low of $65.61 and a 1 year high of $100.96. The stock has a market cap of $31.82 billion, a PE ratio of 56.04, a price-to-earnings-growth ratio of 5.26 and a beta of 1.29. The business’s fifty day moving average is $90.24 and its 200-day moving average is $83.14. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.49 and a current ratio of 2.06.

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

Ingersoll Rand Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Wednesday, March 4th will be issued a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Wednesday, March 4th. Ingersoll Rand’s dividend payout ratio is presently 5.52%.

Insider Activity at Ingersoll Rand

In other news, insider Elizabeth Meloy Hepding sold 18,246 shares of Ingersoll Rand stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $97.11, for a total value of $1,771,869.06. Following the transaction, the insider owned 16,200 shares of the company’s stock, valued at $1,573,182. The trade was a 52.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Vicente Reynal sold 191,000 shares of the business’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $88.12, for a total transaction of $16,830,920.00. Following the completion of the sale, the insider owned 193,186 shares in the company, valued at $17,023,550.32. The trade was a 49.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 584,771 shares of company stock worth $54,976,547. Company insiders own 0.59% of the company’s stock.

Ingersoll Rand 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.