Ingersoll Rand Q2 EPS Forecast Increased by Zacks Research

Ingersoll Rand Inc. (NYSE:IR) – Equities research analysts at Zacks Research increased their Q2 2027 EPS estimates for shares of Ingersoll Rand in a report released on Monday, July 20th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $0.88 per share for the quarter, up from their previous estimate of $0.87. The consensus estimate for Ingersoll Rand’s current full-year earnings is $3.37 per share.

Other analysts have also issued reports about the stock. Evercore set a $84.00 price objective on shares of Ingersoll Rand in a report on Monday, May 11th. Morgan Stanley lowered their target price on shares of Ingersoll Rand from $92.00 to $80.00 and set an “equal weight” rating for the company in a research note on Wednesday, June 3rd. Barclays reduced their price target on shares of Ingersoll Rand from $100.00 to $95.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Weiss Ratings lowered shares of Ingersoll Rand from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, July 8th. Finally, Wells Fargo & Company lowered their price objective on shares of Ingersoll Rand from $90.00 to $88.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Ingersoll Rand has a consensus rating of “Moderate Buy” and an average target price of $91.86.

Ingersoll Rand Stock Performance

Shares of Ingersoll Rand stock opened at $80.94 on Wednesday. The firm has a market cap of $31.67 billion, a PE ratio of 54.69, a price-to-earnings-growth ratio of 5.07 and a beta of 1.17. The company has a quick ratio of 1.59, a current ratio of 2.23 and a debt-to-equity ratio of 0.47. Ingersoll Rand has a 52 week low of $68.07 and a 52 week high of $100.96. The business’s fifty day simple moving average is $75.78 and its 200-day simple moving average is $82.56.

Ingersoll Rand (NYSE:IR) last posted its earnings results on Tuesday, April 28th. The industrial products company reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.03. Ingersoll Rand had a return on equity of 12.79% and a net margin of 7.54%.The company had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.83 billion. During the same quarter last year, the firm earned $0.72 earnings per share. The firm’s quarterly revenue was up 7.6% compared to the same quarter last year. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS.

Ingersoll Rand Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, May 14th were given a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Thursday, May 14th. Ingersoll Rand’s payout ratio is currently 5.41%.

Institutional Trading of Ingersoll Rand

Several hedge funds have recently made changes to their positions in the business. Deseret Mutual Benefit Administrators lifted its holdings in shares of Ingersoll Rand by 46.9% in the 4th 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 period. Sumitomo Life Insurance Co. grew its holdings in Ingersoll Rand by 0.7% during the fourth quarter. Sumitomo Life Insurance Co. now owns 21,284 shares of the industrial products company’s stock worth $1,686,000 after acquiring an additional 138 shares during the period. Groupama Asset Managment grew its holdings in Ingersoll Rand by 1.7% during the fourth quarter. Groupama Asset Managment now owns 8,146 shares of the industrial products company’s stock worth $645,000 after acquiring an additional 140 shares during the period. Andina Capital Management LLC raised its position in Ingersoll Rand by 2.6% in the fourth quarter. Andina Capital Management LLC now owns 5,628 shares of the industrial products company’s stock worth $446,000 after acquiring an additional 145 shares in the last quarter. Finally, Chicago Partners Investment Group LLC lifted its holdings in Ingersoll Rand by 6.4% in the first quarter. Chicago Partners Investment Group LLC now owns 2,658 shares of the industrial products company’s stock valued at $222,000 after acquiring an additional 160 shares during the period. Institutional investors and hedge funds own 95.27% of the company’s stock.

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.