Q3 EPS Estimates for Ingersoll Rand Lifted by Zacks Research

Ingersoll Rand Inc. (NYSE:IR) – Research analysts at Zacks Research boosted their Q3 2026 earnings per share (EPS) estimates for shares of Ingersoll Rand in a note issued to investors on Monday, June 1st. Zacks Research analyst Team now anticipates that the industrial products company will post earnings of $0.88 per share for the quarter, up from their prior forecast of $0.87. The consensus estimate for Ingersoll Rand’s current full-year earnings is $3.37 per share. Zacks Research also issued estimates for Ingersoll Rand’s Q4 2026 earnings at $0.97 EPS, Q1 2027 earnings at $0.76 EPS and Q3 2027 earnings at $0.95 EPS.

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 the consensus estimate of $0.74 by $0.03. The firm had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.83 billion. Ingersoll Rand had a net margin of 7.54% and a return on equity of 12.79%. The business’s quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.72 EPS. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS.

Several other equities research analysts have also commented on the company. Robert W. Baird set a $103.00 price objective on Ingersoll Rand in a research note on Thursday, April 30th. Citigroup reduced their price target on Ingersoll Rand from $113.00 to $109.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. Stifel Nicolaus cut their price objective on Ingersoll Rand from $101.00 to $90.00 and set a “hold” rating for the company in a research note on Tuesday, April 14th. Weiss Ratings restated a “hold (c)” rating on shares of Ingersoll Rand in a research note on Friday, March 27th. Finally, Wall Street Zen downgraded shares of Ingersoll Rand from a “buy” rating to a “hold” rating in a report on Saturday, April 11th. Four research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $93.38.

Ingersoll Rand Stock Up 0.9%

IR opened at $71.62 on Wednesday. The firm’s 50 day simple moving average is $78.44 and its two-hundred day simple moving average is $82.92. The company has a market capitalization of $28.03 billion, a PE ratio of 48.39, a PEG ratio of 4.48 and a beta of 1.19. Ingersoll Rand has a 1-year low of $68.07 and a 1-year high of $100.96. The company has a current ratio of 2.23, a quick ratio of 1.59 and a debt-to-equity ratio of 0.47.

Ingersoll Rand Announces Dividend

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

Insider Transactions at Ingersoll Rand

In related news, insider Vicente Reynal sold 30,492 shares of the business’s stock in a transaction that occurred on Monday, April 13th. The stock was sold at an average price of $88.00, for a total value of $2,683,296.00. Following the transaction, the insider directly owned 209,534 shares of the company’s stock, valued at approximately $18,438,992. The trade was a 12.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.49% of the company’s stock.

Hedge Funds Weigh In On Ingersoll Rand

Several hedge funds have recently modified their holdings of the stock. Capital International Investors boosted 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 last quarter. Norges Bank purchased a new stake in Ingersoll Rand in the 4th quarter worth $407,915,000. Capital World Investors boosted its holdings in shares of 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 valued at $2,626,296,000 after purchasing an additional 5,110,668 shares during the last quarter. T. Rowe Price Investment Management Inc. grew its position 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 purchasing an additional 3,423,501 shares in the last quarter. Finally, Capital Research Global Investors increased its holdings in shares of Ingersoll Rand by 14.3% in 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 purchasing an additional 2,406,183 shares during the last quarter. Hedge funds and other institutional investors 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.