Danica Pension Livsforsikringsaktieselskab Makes New Investment in Ingersoll Rand Inc. $IR

Danica Pension Livsforsikringsaktieselskab bought a new position in shares of Ingersoll Rand Inc. (NYSE:IR) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 90,562 shares of the industrial products company’s stock, valued at approximately $7,256,000.

A number of other large investors have also recently made changes to their positions in the stock. Deseret Mutual Benefit Administrators grew its holdings in shares of Ingersoll Rand by 46.9% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 351 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 112 shares during the last quarter. Sumitomo Life Insurance Co. lifted its holdings in Ingersoll Rand by 0.7% during the 4th quarter. Sumitomo Life Insurance Co. now owns 21,284 shares of the industrial products company’s stock valued at $1,686,000 after buying an additional 138 shares in the last quarter. Groupama Asset Managment boosted its position in Ingersoll Rand by 1.7% in the 4th quarter. Groupama Asset Managment now owns 8,146 shares of the industrial products company’s stock valued at $645,000 after buying an additional 140 shares during the period. Andina Capital Management LLC boosted its position in Ingersoll Rand by 2.6% in the 4th quarter. Andina Capital Management LLC now owns 5,628 shares of the industrial products company’s stock valued at $446,000 after buying an additional 145 shares during the period. Finally, Chicago Partners Investment Group LLC grew its stake in Ingersoll Rand by 6.4% in the 1st quarter. Chicago Partners Investment Group LLC now owns 2,658 shares of the industrial products company’s stock worth $222,000 after acquiring an additional 160 shares in the last quarter. 95.27% of the stock is owned by hedge funds and other institutional investors.

Ingersoll Rand Trading Up 3.5%

NYSE:IR opened at $83.72 on Thursday. The firm has a 50-day simple moving average of $76.03 and a 200-day simple moving average of $82.60. Ingersoll Rand Inc. has a one year low of $68.07 and a one year high of $100.96. The firm has a market cap of $32.76 billion, a P/E ratio of 56.57, a P/E/G ratio of 5.12 and a beta of 1.17. 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 issued its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.03. The company had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.83 billion. Ingersoll Rand had a net margin of 7.54% and a return on equity of 12.79%. Ingersoll Rand’s revenue was up 7.6% compared to the same quarter last year. During the same period last year, the company posted $0.72 earnings per share. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. Equities analysts anticipate that Ingersoll Rand Inc. will post 3.37 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on IR shares. Wall Street Zen lowered shares of Ingersoll Rand from a “buy” rating to a “hold” rating in a research report on Saturday, April 11th. Evercore set a $84.00 price target on Ingersoll Rand in a report on Monday, May 11th. Robert W. Baird set a $103.00 price objective on Ingersoll Rand in a research note on Thursday, April 30th. Citigroup reduced their price objective on Ingersoll Rand from $113.00 to $109.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Finally, Barclays lowered their target price on 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 four have given a Hold rating to the company. According to MarketBeat.com, Ingersoll Rand presently has an average rating of “Moderate Buy” and a consensus target price of $91.86.

Trending Headlines about Ingersoll Rand

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

• Positive Sentiment: Zacks Research raised its earnings forecasts for Ingersoll Rand (IR), including higher estimates for Q2 2027, Q4 2027, and full-year FY2027 EPS. Higher profit expectations can support the stock by signaling stronger future operating performance and valuation upside.
• Positive Sentiment: Another Zacks note highlighted Ingersoll Rand’s strong earnings surprise history and suggested the company has the ingredients to beat estimates again in its next report, which may bolster investor confidence ahead of results. Will Ingersoll (IR) Beat Estimates Again in Its Next Earnings Report?
• Neutral Sentiment: MarketWatch notes that Ingersoll Rand has been underperforming some competitors on a relative basis in recent sessions, even though the shares have been moving higher overall. Ingersoll Rand Inc. stock underperforms Wednesday when compared to competitors despite daily gains
• Neutral Sentiment: A similar MarketWatch report said the stock underperformed peers on Monday, suggesting recent gains have not yet translated into clear outperformance versus the broader industrial group. Ingersoll Rand Inc. stock underperforms Monday when compared to competitors

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.