Ingersoll Rand (NYSE:IR – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 3.570-3.570 for the period, compared to the consensus EPS estimate of 3.480. The company issued revenue guidance of $8.0 billion-$8.1 billion, compared to the consensus revenue estimate of $7.9 billion.
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on IR. Weiss Ratings upgraded shares of Ingersoll Rand from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, July 21st. Barclays cut their price objective on Ingersoll Rand from $100.00 to $95.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Stifel Nicolaus decreased their target price on Ingersoll Rand from $85.00 to $84.00 and set a “hold” rating for the company in a report on Monday, July 20th. Citigroup dropped their price target on Ingersoll Rand from $113.00 to $109.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Finally, Robert W. Baird set a $103.00 price target on shares of Ingersoll Rand in a report on Thursday, April 30th. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $91.86.
Ingersoll Rand Stock Down 0.4%
Ingersoll Rand (NYSE:IR – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The industrial products company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.03. Ingersoll Rand had a return on equity of 12.79% and a net margin of 7.54%.The business had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $1.96 billion. Ingersoll Rand has set its FY 2026 guidance at 3.570-3.570 EPS. As a group, equities analysts forecast that Ingersoll Rand will post 3.37 earnings per share for the current fiscal year.
Ingersoll Rand Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 13th will be given a dividend of $0.02 per share. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. Ingersoll Rand’s dividend payout ratio (DPR) is 5.41%.
Hedge Funds Weigh In On Ingersoll Rand
Hedge funds and other institutional investors have recently bought and sold shares of the stock. State Street Corp grew its stake in shares of Ingersoll Rand by 0.9% in the fourth quarter. State Street Corp now owns 15,458,763 shares of the industrial products company’s stock worth $1,224,643,000 after acquiring an additional 137,325 shares during the period. Morgan Stanley lifted its stake in shares of Ingersoll Rand by 2.3% during the 4th quarter. Morgan Stanley now owns 6,565,926 shares of the industrial products company’s stock valued at $520,153,000 after buying an additional 146,021 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Ingersoll Rand by 7.0% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,568,800 shares of the industrial products company’s stock valued at $441,160,000 after buying an additional 365,497 shares in the last quarter. UBS Group AG boosted its holdings in Ingersoll Rand by 26.7% in the 3rd quarter. UBS Group AG now owns 3,625,020 shares of the industrial products company’s stock worth $299,499,000 after buying an additional 765,041 shares during the period. Finally, Amundi increased its stake in Ingersoll Rand by 49.2% in the 4th quarter. Amundi now owns 3,027,879 shares of the industrial products company’s stock worth $239,864,000 after buying an additional 999,040 shares in the last quarter. 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.
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