Q3 EPS Estimates for Ingersoll Rand Lifted by Zacks Research

Ingersoll Rand Inc. (NYSE:IR) – Stock analysts at Zacks Research raised their Q3 2027 earnings per share estimates for Ingersoll Rand in a report issued on Thursday, August 13th. Zacks Research analyst Team now expects that the industrial products company will post earnings of $0.97 per share for the quarter, up from their prior estimate of $0.95. The consensus estimate for Ingersoll Rand’s current full-year earnings is $3.38 per share. Zacks Research also issued estimates for Ingersoll Rand’s Q4 2027 earnings at $1.07 EPS and Q1 2028 earnings at $0.86 EPS.

Ingersoll Rand (NYSE:IR) last announced its quarterly earnings results on Thursday, July 30th. The industrial products company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.03. The company had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.96 billion. Ingersoll Rand had a return on equity of 12.90% and a net margin of 12.08%.The company’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.80 earnings per share. Ingersoll Rand has set its FY 2026 guidance at 3.570-3.570 EPS.

Several other analysts also recently commented on IR. Wall Street Zen downgraded shares of Ingersoll Rand from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Barclays lowered their price objective on shares of Ingersoll Rand from $100.00 to $95.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Stifel Nicolaus upgraded shares of Ingersoll Rand from a “hold” rating to a “buy” rating and set a $101.00 price objective on the stock in a report on Monday, August 3rd. Morgan Stanley set a $87.00 price objective on shares of Ingersoll Rand in a research report on Monday, August 10th. Finally, Citigroup reduced their target price on shares of Ingersoll Rand from $113.00 to $109.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Ingersoll Rand has a consensus rating of “Moderate Buy” and a consensus target price of $96.14.

Ingersoll Rand Price Performance

Shares of IR opened at $82.33 on Tuesday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.15 and a current ratio of 1.62. The stock has a 50 day simple moving average of $81.26 and a 200 day simple moving average of $82.59. Ingersoll Rand has a 52-week low of $68.07 and a 52-week high of $100.96. The firm has a market capitalization of $31.94 billion, a PE ratio of 33.88, a P/E/G ratio of 5.25 and a beta of 1.17.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Bell Investment Advisors Inc bought a new position in Ingersoll Rand in the second quarter valued at $26,000. Deseret Mutual Benefit Administrators increased its stake in 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 last quarter. Hilton Head Capital Partners LLC bought a new stake in Ingersoll Rand during the 4th quarter worth about $29,000. Reflection Asset Management acquired a new position in shares of Ingersoll Rand during the 4th quarter worth about $31,000. Finally, Torren Management LLC bought a new position in shares of Ingersoll Rand in the 4th quarter valued at about $32,000. Institutional investors and hedge funds own 95.27% of the company’s stock.

Insider Buying and Selling at Ingersoll Rand

In other Ingersoll Rand news, Director Aurobind Satpathy acquired 11,538 shares of the stock in a transaction dated Monday, August 3rd. The shares were bought at an average cost of $86.68 per share, for a total transaction of $1,000,113.84. Following the completion of the acquisition, the director directly owned 11,538 shares of the company’s stock, valued at approximately $1,000,113.84. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.49% of the stock is owned by corporate insiders.

Ingersoll Rand Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 13th will be paid a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Thursday, August 13th. Ingersoll Rand’s dividend payout ratio (DPR) is currently 3.29%.

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.