United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Grows Stock Position in Ingersoll Rand Inc. $IR

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund increased its stake in shares of Ingersoll Rand Inc. (NYSE:IR) by 125.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 226,849 shares of the industrial products company’s stock after purchasing an additional 126,163 shares during the quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund owned 0.06% of Ingersoll Rand worth $18,742,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of IR. Grey Fox Wealth Advisors LLC acquired a new stake in shares of Ingersoll Rand in the 3rd quarter worth $36,000. Heartwood Wealth Advisors LLC acquired a new position in shares of Ingersoll Rand during the third quarter worth about $36,000. Westside Investment Management Inc. raised its holdings in Ingersoll Rand by 100.0% during the third quarter. Westside Investment Management Inc. now owns 464 shares of the industrial products company’s stock worth $39,000 after purchasing an additional 232 shares in the last quarter. ANTIPODES PARTNERS Ltd raised its holdings in Ingersoll Rand by 55.3% during the third quarter. ANTIPODES PARTNERS Ltd now owns 486 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 173 shares in the last quarter. Finally, Legacy Investment Solutions LLC acquired a new stake in Ingersoll Rand in the second quarter valued at about $45,000. 95.27% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director John Humphrey sold 4,300 shares of Ingersoll Rand stock in a transaction dated 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 directly owned 23,983 shares in the company, valued at $2,299,969.70. The trade was a 15.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Elizabeth Meloy Hepding sold 18,246 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $97.11, for a total transaction of $1,771,869.06. Following the completion of the transaction, the insider directly owned 16,200 shares of the company’s stock, valued at approximately $1,573,182. This represents a 52.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 584,771 shares of company stock worth $54,976,547 in the last quarter. Corporate insiders own 0.59% of the company’s stock.

Analyst Upgrades and Downgrades

IR has been the topic of several recent analyst reports. Stifel Nicolaus boosted 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. Wells Fargo & Company lifted their price target on Ingersoll Rand from $92.00 to $110.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ingersoll Rand in a report on Monday, December 29th. Zacks Research upgraded Ingersoll Rand from a “strong sell” rating to a “hold” rating in a research report on Friday, December 12th. Finally, Robert W. Baird set a $115.00 target price on shares of Ingersoll Rand in a research report 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’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $101.86.

Ingersoll Rand Trading Down 4.3%

Shares of IR opened at $86.58 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.06 and a quick ratio of 1.49. 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 $33.91 billion, a price-to-earnings ratio of 59.71, a price-to-earnings-growth ratio of 5.34 and a beta of 1.29. The firm has a 50 day simple moving average of $89.84 and a 200-day simple moving average of $83.01.

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

Ingersoll Rand Dividend Announcement

The business also recently disclosed 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 dividend on an annualized basis and a dividend yield of 0.1%. Ingersoll Rand’s dividend payout ratio (DPR) is presently 5.52%.

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.