Capital International Sarl Sells 27,975 Shares of Ingersoll Rand Inc. $IR

Capital International Sarl decreased its stake in shares of Ingersoll Rand Inc. (NYSE:IR) by 5.8% during the fourth quarter, HoldingsChannel reports. The firm owned 457,381 shares of the industrial products company’s stock after selling 27,975 shares during the quarter. Capital International Sarl’s holdings in Ingersoll Rand were worth $36,234,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of IR. Deseret Mutual Benefit Administrators boosted its stake in shares of Ingersoll Rand by 46.9% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 351 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 112 shares in the last quarter. Torren Management LLC bought a new stake in shares of Ingersoll Rand during the 4th quarter valued at about $32,000. Salomon & Ludwin LLC boosted its stake in shares of Ingersoll Rand by 166.9% during the 4th quarter. Salomon & Ludwin LLC now owns 427 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 267 shares in the last quarter. ANTIPODES PARTNERS Ltd boosted its stake in shares of Ingersoll Rand by 55.3% during the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 486 shares of the industrial products company’s stock valued at $40,000 after purchasing an additional 173 shares in the last quarter. Finally, Hantz Financial Services Inc. boosted its stake in shares of Ingersoll Rand by 106.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 584 shares of the industrial products company’s stock valued at $48,000 after purchasing an additional 301 shares in the last quarter. Institutional investors own 95.27% of the company’s stock.

Ingersoll Rand Trading Up 0.4%

NYSE:IR opened at $72.26 on Friday. Ingersoll Rand Inc. has a one year low of $68.07 and a one year high of $100.96. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.23 and a quick ratio of 1.59. The company’s 50-day simple moving average is $77.55 and its 200 day simple moving average is $82.74. The firm has a market capitalization of $28.28 billion, a P/E ratio of 48.83, a PEG ratio of 4.57 and a beta of 1.19.

Ingersoll Rand (NYSE:IR) last issued 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. The business had revenue of $1.85 billion during 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 revenue for the quarter was up 7.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.72 earnings per share. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. As a group, analysts forecast that Ingersoll Rand Inc. will post 3.37 EPS for the current fiscal year.

Ingersoll Rand Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on IR shares. Weiss Ratings reissued a “hold (c)” rating on shares of Ingersoll Rand in a research note on Friday, March 27th. Robert W. Baird set a $103.00 price objective on shares of Ingersoll Rand in a research note on Thursday, April 30th. Barclays dropped their price objective 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. Morgan Stanley dropped their price objective on shares of Ingersoll Rand from $92.00 to $80.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Finally, Wells Fargo & Company dropped their price objective on shares of Ingersoll Rand from $90.00 to $88.00 and set an “overweight” rating on the stock in a research note 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, the company has a consensus rating of “Hold” and an average target price of $92.75.

Insider Transactions at Ingersoll Rand

In other Ingersoll Rand news, insider Vicente Reynal sold 30,492 shares of Ingersoll Rand stock in a transaction dated Monday, April 13th. The shares were sold at an average price of $88.00, for a total value of $2,683,296.00. Following the completion of 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.49% 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.