United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Purchases 88,415 Shares of Ingersoll Rand Inc. $IR

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund boosted its position in Ingersoll Rand Inc. (NYSE:IR) by 39.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 315,264 shares of the industrial products company’s stock after purchasing an additional 88,415 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings in Ingersoll Rand were worth $24,975,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of IR. Capital International Investors increased its position in shares of Ingersoll Rand by 18.5% during the third quarter. Capital International Investors now owns 50,002,133 shares of the industrial products company’s stock worth $4,131,157,000 after acquiring an additional 7,816,194 shares during the period. Capital World Investors increased its position in shares of Ingersoll Rand by 19.2% during the third quarter. Capital World Investors now owns 31,787,657 shares of the industrial products company’s stock worth $2,626,296,000 after acquiring an additional 5,110,668 shares during the period. Capital Research Global Investors increased its position in shares of Ingersoll Rand by 14.3% during the third quarter. Capital Research Global Investors now owns 19,254,676 shares of the industrial products company’s stock worth $1,590,818,000 after acquiring an additional 2,406,183 shares during the period. Swedbank AB increased its position in shares of Ingersoll Rand by 72.4% during the fourth quarter. Swedbank AB now owns 3,878,349 shares of the industrial products company’s stock worth $307,243,000 after acquiring an additional 1,628,996 shares during the period. Finally, Massachusetts Financial Services Co. MA increased its position in shares of Ingersoll Rand by 24,176.6% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,623,131 shares of the industrial products company’s stock worth $128,584,000 after acquiring an additional 1,616,445 shares during the period. 95.27% of the stock is owned by hedge funds and other institutional investors.

Ingersoll Rand Trading Up 0.0%

Shares of NYSE IR opened at $70.97 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.23 and a quick ratio of 1.59. The stock has a market capitalization of $27.77 billion, a P/E ratio of 47.95, a price-to-earnings-growth ratio of 4.48 and a beta of 1.25. Ingersoll Rand Inc. has a 1-year low of $68.07 and a 1-year high of $100.96. The business has a fifty day moving average price of $78.86 and a 200 day moving average price of $83.00.

Ingersoll Rand (NYSE:IR) last issued its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.03. The firm had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.83 billion. Ingersoll Rand had a return on equity of 12.79% and a net margin of 7.54%.The firm’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.72 EPS. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. Equities research analysts expect that Ingersoll Rand Inc. will post 3.37 EPS for the current fiscal year.

Ingersoll Rand Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 14th will be paid a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Thursday, May 14th. Ingersoll Rand’s dividend payout ratio is 5.41%.

Insider Transactions at Ingersoll Rand

In other Ingersoll Rand news, insider Vicente Reynal sold 118,044 shares of Ingersoll Rand stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $94.11, for a total value of $11,109,120.84. Following the transaction, the insider directly owned 209,534 shares of the company’s stock, valued at approximately $19,719,244.74. The trade was a 36.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.49% of the company’s stock.

Analyst Ratings Changes

IR has been the topic of a number of research reports. Robert W. Baird set a $103.00 target price on shares of Ingersoll Rand in a research report on Thursday, April 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ingersoll Rand in a research report on Friday, March 27th. Wells Fargo & Company reduced their target price on shares of Ingersoll Rand from $90.00 to $88.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Wall Street Zen lowered shares of Ingersoll Rand from a “buy” rating to a “hold” rating in a research report on Saturday, April 11th. Finally, Citigroup reduced their target price on shares of Ingersoll Rand from $113.00 to $109.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. Four research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $93.38.

About Ingersoll Rand

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.