Ingersoll Rand (NYSE:IR) Reaches New 1-Year Low – Should You Sell?

Ingersoll Rand Inc. (NYSE:IR) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $72.23 and last traded at $72.7030, with a volume of 559242 shares. The stock had previously closed at $74.70.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Robert W. Baird set a $103.00 target price on Ingersoll Rand in a research note on Thursday, April 30th. Citigroup decreased their target price on Ingersoll Rand from $113.00 to $109.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Stifel Nicolaus decreased their target price on Ingersoll Rand from $101.00 to $90.00 and set a “hold” rating on the stock in a research note on Tuesday, April 14th. Wall Street Zen lowered Ingersoll Rand from a “buy” rating to a “hold” rating in a research note on Saturday, April 11th. Finally, Evercore set a $84.00 target price on Ingersoll Rand in a research note on Monday. Four analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $93.38.

Ingersoll Rand Stock Up 0.5%

The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.59 and a current ratio of 2.23. The company has a market cap of $28.08 billion, a price-to-earnings ratio of 48.49, a price-to-earnings-growth ratio of 4.51 and a beta of 1.25. The business has a 50-day simple moving average of $82.31 and a 200-day simple moving average of $83.59.

Ingersoll Rand (NYSE:IR) last posted its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.74 by $0.03. The company had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.83 billion. Ingersoll Rand had a return on equity of 12.79% and a net margin of 7.54%.Ingersoll Rand’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.72 EPS. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. On average, equities analysts anticipate that Ingersoll Rand Inc. will post 3.38 earnings per share for the current fiscal year.

Ingersoll Rand Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 14th will be given a $0.02 dividend. The ex-dividend date of this dividend is Thursday, May 14th. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. Ingersoll Rand’s dividend payout ratio (DPR) is currently 5.41%.

Insider Buying and Selling

In other Ingersoll Rand news, insider Elizabeth Meloy Hepding sold 18,246 shares of the stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $97.11, for a total value of $1,771,869.06. Following the sale, the insider owned 16,200 shares of the company’s stock, valued at $1,573,182. This trade represents a 52.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Vikram Kini sold 28,367 shares of the stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $96.50, for a total value of $2,737,415.50. Following the completion of the sale, the chief financial officer directly owned 98,517 shares in the company, valued at $9,506,890.50. This represents a 22.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 323,823 shares of company stock worth $31,031,021 over the last ninety days. Company insiders own 0.49% of the company’s stock.

Institutional Investors Weigh In On Ingersoll Rand

Several hedge funds and other institutional investors have recently made changes to their positions in IR. AQR Capital Management LLC raised its position in shares of Ingersoll Rand by 12.7% during the 1st quarter. AQR Capital Management LLC now owns 37,078 shares of the industrial products company’s stock worth $2,904,000 after acquiring an additional 4,167 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of Ingersoll Rand by 4.8% during the 1st quarter. NewEdge Advisors LLC now owns 6,168 shares of the industrial products company’s stock worth $494,000 after acquiring an additional 282 shares in the last quarter. Empowered Funds LLC raised its position in shares of Ingersoll Rand by 6.2% during the 1st quarter. Empowered Funds LLC now owns 7,731 shares of the industrial products company’s stock worth $619,000 after acquiring an additional 454 shares in the last quarter. Woodline Partners LP acquired a new stake in shares of Ingersoll Rand during the 1st quarter worth about $643,000. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Ingersoll Rand by 663.2% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 74,615 shares of the industrial products company’s stock worth $6,206,000 after acquiring an additional 64,838 shares in the last quarter. Institutional investors and hedge funds own 95.27% of the company’s stock.

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.