Ingersoll Rand (NYSE:IR – Get Free Report) posted its quarterly earnings results on Thursday. The industrial products company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.17, FiscalAI reports. Ingersoll Rand had a return on equity of 13.59% and a net margin of 17.20%. The business had revenue of $2.06 billion for the quarter, compared to analyst estimates of $2.05 billion. During the same period in the prior year, the company posted $0.86 EPS. The business’s revenue was up 5.6% compared to the same quarter last year.
Ingersoll Rand Price Performance
IR stock traded up $0.05 during trading on Friday, hitting $80.06. 6,306,227 shares of the stock traded hands, compared to its average volume of 4,426,538. The company has a current ratio of 1.62, a quick ratio of 1.15 and a debt-to-equity ratio of 0.40. The stock has a market cap of $31.06 billion, a price-to-earnings ratio of 22.55, a P/E/G ratio of 3.31 and a beta of 1.15. The company has a 50 day simple moving average of $76.31 and a 200 day simple moving average of $81.25. Ingersoll Rand has a one year low of $68.07 and a one year high of $100.96.
Ingersoll Rand Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Stockholders of record on Thursday, November 12th will be issued a $0.02 dividend. The ex-dividend date of this dividend is Thursday, November 12th. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. Ingersoll Rand’s dividend payout ratio is presently 2.25%.
Key Ingersoll Rand News
Here are the key news stories impacting Ingersoll Rand this week:
- Positive Sentiment: Ingersoll Rand reported third-quarter adjusted earnings of $1.07 per share, exceeding analyst estimates of approximately $0.89-$0.90 and rising from $0.86 a year earlier. Revenue increased 5.6% year over year to $2.06 billion, also slightly above expectations. Earnings Flash: Ingersoll Rand Posts Q3 Adjusted EPS of $1.07
- Positive Sentiment: Management raised its 2026 revenue and earnings guidance, while reporting stronger orders and improved cash flow. The combination of higher demand, profitability and cash generation is the primary catalyst behind the positive investor response. Ingersoll Rand Beats Q3 Earnings Estimates and Raises Revenue Guidance
- Positive Sentiment: The earnings release and conference call reinforced the favorable quarter, with results surpassing both earnings and revenue expectations. Investors are likely focused on whether the stronger industrial orders can sustain growth into 2027. Ingersoll Rand Releases Q3 2026 Financial Results
- Neutral Sentiment: Ingersoll Rand announced management changes. The available report does not specify the roles affected or the strategic implications, so investors may await additional details before assessing the impact. Ingersoll Rand Announces Management Changes
Insiders Place Their Bets
In other news, Director Aurobind Satpathy acquired 11,538 shares of the firm’s stock in a transaction on Monday, August 3rd. The shares were purchased at an average cost of $86.68 per share, for a total transaction of $1,000,113.84. Following the transaction, the director owned 11,538 shares of the company’s stock, valued at approximately $1,000,113.84. This represents a ? increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.49% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Ingersoll Rand in a research report on Monday, October 19th. Morgan Stanley set a $87.00 price objective on Ingersoll Rand in a research note on Monday, August 10th. Robert W. Baird increased their price objective on Ingersoll Rand from $103.00 to $109.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Stifel Nicolaus set a $93.00 target price on Ingersoll Rand in a research report on Monday, October 19th. Finally, Wall Street Zen cut shares of Ingersoll Rand from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $95.00.
View Our Latest Report on Ingersoll Rand
About Ingersoll Rand
Ingersoll Rand Inc (NYSE:IR) is a global provider of mission-critical industrial technologies and solutions. The company designs and manufactures equipment used to manage air, gas, fluids, and other industrial processes, serving customers in manufacturing, energy, food and beverage, life sciences, transportation, and other markets.
Its portfolio includes air compressors, vacuum and blower systems, fluid-handling equipment, pumps, dosing and dispensing systems, and related aftermarket parts and services.
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