Zacks Research Predicts Reduced Earnings for Ingersoll Rand

Ingersoll Rand Inc. (NYSE:IR) – Analysts at Zacks Research dropped their Q3 2026 earnings estimates for Ingersoll Rand in a report released on Tuesday, May 12th. Zacks Research analyst Team now anticipates that the industrial products company will earn $0.87 per share for the quarter, down from their prior forecast of $0.88. 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 2026 earnings at $0.96 EPS, FY2026 earnings at $3.37 EPS, Q1 2027 earnings at $0.75 EPS, Q2 2027 earnings at $0.87 EPS, FY2027 earnings at $3.63 EPS, Q1 2028 earnings at $0.87 EPS and FY2028 earnings at $4.03 EPS.

Other analysts also recently issued research reports about the company. Citigroup lowered their target price on Ingersoll Rand from $113.00 to $109.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Robert W. Baird set a $103.00 price target on Ingersoll Rand in a report on Thursday, April 30th. Weiss Ratings reissued a “hold (c)” rating on shares of Ingersoll Rand in a report on Friday, March 27th. Evercore set a $84.00 price objective on Ingersoll Rand in a research report on Monday. Finally, Barclays cut their target price on shares of Ingersoll Rand from $100.00 to $95.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Four analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $93.38.

Ingersoll Rand Price Performance

Shares of IR opened at $71.76 on Friday. The business’s 50-day moving average is $81.92 and its two-hundred day moving average is $83.53. The company has a market capitalization of $28.08 billion, a P/E ratio of 48.49, a P/E/G ratio of 4.51 and a beta of 1.25. Ingersoll Rand has a fifty-two week low of $70.26 and a fifty-two week high of $100.96. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.59 and a current ratio of 2.23.

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, beating analysts’ consensus estimates of $0.74 by $0.03. Ingersoll Rand had a net margin of 7.54% and a return on equity of 12.79%. The company had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.83 billion. During the same period in the previous year, the firm posted $0.72 earnings per share. The firm’s quarterly revenue was up 7.6% on a year-over-year basis. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS.

Hedge Funds Weigh In On Ingersoll Rand

Several hedge funds and other institutional investors have recently added to or reduced their stakes in IR. Capital International Investors raised its position in shares of Ingersoll Rand by 18.5% during the 3rd 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 last quarter. Norges Bank acquired a new stake in Ingersoll Rand in the 4th quarter worth about $407,915,000. Capital World Investors increased its stake in Ingersoll Rand by 19.2% during the 3rd quarter. Capital World Investors now owns 31,787,657 shares of the industrial products company’s stock worth $2,626,296,000 after buying an additional 5,110,668 shares in the last quarter. T. Rowe Price Investment Management Inc. raised its holdings in shares of Ingersoll Rand by 18.6% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 21,791,309 shares of the industrial products company’s stock valued at $1,726,308,000 after acquiring an additional 3,423,501 shares during the last quarter. Finally, Capital Research Global Investors raised its holdings 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 valued at $1,590,818,000 after acquiring an additional 2,406,183 shares during the last quarter. 95.27% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, insider Kathleen M. Keene sold 12,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $99.46, for a total value of $1,193,520.00. Following the completion of the sale, the insider directly owned 3,528 shares in the company, valued at $350,894.88. The trade was a 77.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Elizabeth Meloy Hepding sold 18,246 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $97.11, for a total value of $1,771,869.06. Following the transaction, the insider directly owned 16,200 shares of the company’s stock, valued at approximately $1,573,182. The trade was a 52.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 267,953 shares of company stock valued at $25,422,232. 0.49% of the stock is owned by insiders.

Ingersoll Rand Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 14th will be issued a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Thursday, May 14th. Ingersoll Rand’s dividend payout ratio (DPR) is presently 5.41%.

Key Headlines Impacting Ingersoll Rand

Here are the key news stories impacting Ingersoll Rand this week:

• Negative Sentiment: Zacks Research trimmed earnings forecasts across multiple periods for Ingersoll Rand, including FY2026, FY2027, FY2028, and several quarterly estimates. Lower profit expectations can signal slower growth or margin pressure, which is typically a negative catalyst for the stock.
• Neutral Sentiment: The revisions were modest in most cases, with many estimates only reduced by $0.01 to $0.03 per share, and several longer-term forecasts still imply continued earnings growth over time.
• Positive Sentiment: Despite the estimate cuts, Zacks Research’s FY2026 forecast of $3.37 per share remains essentially in line with the consensus estimate of $3.38, suggesting the near-term outlook is not materially worse than Wall Street expectations.
• Positive Sentiment: Earlier coverage noted that Ingersoll Rand beat its latest quarterly earnings and revenue estimates, which supports the idea that the company is still executing well operationally even as analysts slightly reduce forward numbers.

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.