
Ingersoll Rand Inc. (NYSE:IR – Free Report) – Stock analysts at Zacks Research dropped their FY2025 earnings per share estimates for shares of Ingersoll Rand in a research report issued on Wednesday, November 12th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings per share of $3.17 for the year, down from their prior forecast of $3.23. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Ingersoll Rand’s current full-year earnings is $3.32 per share. Zacks Research also issued estimates for Ingersoll Rand’s Q2 2026 earnings at $0.83 EPS, Q3 2026 earnings at $0.88 EPS, Q4 2026 earnings at $0.94 EPS, Q3 2027 earnings at $0.96 EPS and FY2027 earnings at $3.69 EPS.
Other analysts have also issued research reports about the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ingersoll Rand in a research report on Thursday. Citigroup cut their target price on Ingersoll Rand from $94.00 to $91.00 and set a “buy” rating for the company in a research note on Monday, November 3rd. Barclays decreased their price target on Ingersoll Rand from $92.00 to $91.00 and set an “overweight” rating on the stock in a research note on Monday, August 4th. Morgan Stanley cut their price objective on Ingersoll Rand from $88.00 to $85.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 13th. Finally, Stifel Nicolaus boosted their price objective on shares of Ingersoll Rand from $78.00 to $79.00 and gave the company a “hold” rating in a report on Monday, October 20th. Five research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $93.90.
Ingersoll Rand Stock Performance
NYSE:IR opened at $73.64 on Monday. The company’s 50-day moving average is $79.19 and its two-hundred day moving average is $81.09. Ingersoll Rand has a 1-year low of $65.61 and a 1-year high of $106.03. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.16 and a quick ratio of 1.51. The firm has a market capitalization of $29.10 billion, a price-to-earnings ratio of 54.55, a PEG ratio of 4.87 and a beta of 1.43.
Ingersoll Rand (NYSE:IR – Get Free Report) last announced its quarterly earnings data on Thursday, October 30th. The industrial products company reported $0.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.01). Ingersoll Rand had a net margin of 7.31% and a return on equity of 12.14%. The firm had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.95 billion. During the same period in the prior year, the company posted $0.84 EPS. The company’s revenue for the quarter was up 5.1% compared to the same quarter last year. Ingersoll Rand has set its FY 2025 guidance at 3.250-3.310 EPS.
Ingersoll Rand Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be issued a $0.02 dividend. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Thursday, November 13th. Ingersoll Rand’s payout ratio is currently 5.93%.
Hedge Funds Weigh In On Ingersoll Rand
Institutional investors have recently bought and sold shares of the company. Capital International Investors increased its stake in 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 purchasing an additional 7,816,194 shares during the period. Capital World Investors grew its holdings in shares of Ingersoll Rand by 19.2% in the third quarter. Capital World Investors now owns 31,787,657 shares of the industrial products company’s stock valued at $2,626,296,000 after purchasing an additional 5,110,668 shares in the last quarter. Norges Bank acquired a new position in shares of Ingersoll Rand in the second quarter valued at approximately $397,501,000. T. Rowe Price Investment Management Inc. increased its stake in Ingersoll Rand by 28.8% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 17,826,488 shares of the industrial products company’s stock worth $1,426,654,000 after buying an additional 3,989,643 shares during the period. Finally, Nuveen LLC acquired a new stake in Ingersoll Rand during the 1st quarter worth approximately $211,408,000. 95.27% of the stock is owned by institutional investors and hedge funds.
About Ingersoll Rand
Ingersoll Rand Inc provides various mission-critical air, gas, liquid, and solid flow creation technologies services and solutions worldwide. It operates through two segments, Industrial Technologies and Services, and Precision and Science Technologies. The Industrial Technologies and Services segment designs, manufactures, markets, and services air and gas compression, vacuum, and blower products; fluid transfer equipment and loading systems; and power tools and lifting equipment, including associated aftermarket parts, consumables, air treatment equipment, controls, other accessories, and services under the under the Ingersoll Rand, Gardner Denver, Nash, CompAir, Elmo Rietschle brands, etc.
Recommended Stories
- Five stocks we like better than Ingersoll Rand
- How to Short a Stock in 5 Easy Steps
- Whirlpool’s Worst May Be Over—Upside Opportunity Ahead
- CD Calculator: Certificate of Deposit Calculator
- These 3 Beaten-Down Stocks Could Be Your Best Buying Opportunity This Quarter
- What Are Dividend Champions? How to Invest in the Champions
- How Does D-Wave Stack Up to Quantum Rivals After Earnings Season?
Receive News & Ratings for Ingersoll Rand Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ingersoll Rand and related companies with MarketBeat.com's FREE daily email newsletter.
