Shares of Ingersoll Rand Inc. (NYSE:IR – Get Free Report) passed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $76.29 and traded as high as $80.23. Ingersoll Rand shares last traded at $79.9080, with a volume of 8,449,400 shares trading hands.
Key Stories Impacting Ingersoll Rand
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
Wall Street Analyst Weigh In
Several research analysts have commented on IR shares. Morgan Stanley set a $87.00 price objective on Ingersoll Rand in a research report on Monday, August 10th. Robert W. Baird upped their target price on Ingersoll Rand from $103.00 to $109.00 and gave the stock 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 note on Monday, October 19th. Citigroup reiterated a “buy” rating on shares of Ingersoll Rand in a report on Monday, October 12th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Ingersoll Rand in a research report on Monday, October 19th. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $95.00.
View Our Latest Research Report on Ingersoll Rand
Ingersoll Rand Price Performance
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 PE ratio of 22.55, a P/E/G ratio of 3.31 and a beta of 1.15. The company’s 50 day moving average is $76.31 and its 200-day moving average is $81.25.
Ingersoll Rand (NYSE:IR – Get Free Report) last announced its earnings results on Thursday, October 29th. The industrial products company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $0.17. The business had revenue of $2.06 billion for the quarter, compared to analyst estimates of $2.05 billion. Ingersoll Rand had a return on equity of 13.59% and a net margin of 17.20%. The company’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.86 earnings per share. As a group, sell-side analysts predict that Ingersoll Rand Inc. will post 3.41 earnings per share for the current year.
Ingersoll Rand Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Stockholders of record on Thursday, November 12th will be paid a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Thursday, November 12th. Ingersoll Rand’s dividend payout ratio is 2.25%.
Insider Buying and Selling at Ingersoll Rand
In related news, Director Aurobind Satpathy purchased 11,538 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was acquired at an average price of $86.68 per share, for a total transaction of $1,000,113.84. Following the completion of the purchase, the director owned 11,538 shares in the company, valued at approximately $1,000,113.84. This represents a ? increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.49% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the stock. Chicago Partners Investment Group LLC raised its position in shares of Ingersoll Rand by 97.1% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 5,882 shares of the industrial products company’s stock worth $432,000 after buying an additional 2,898 shares in the last quarter. Rakuten Investment Management Inc. boosted its holdings in shares of Ingersoll Rand by 7.8% in the third quarter. Rakuten Investment Management Inc. now owns 64,973 shares of the industrial products company’s stock valued at $4,969,000 after acquiring an additional 4,684 shares in the last quarter. Third View Private Wealth LLC boosted its holdings in shares of Ingersoll Rand by 9.3% in the third quarter. Third View Private Wealth LLC now owns 3,497 shares of the industrial products company’s stock valued at $263,000 after acquiring an additional 299 shares in the last quarter. Provenance Wealth Advisors LLC increased its stake in shares of Ingersoll Rand by 1,433.3% during the third quarter. Provenance Wealth Advisors LLC now owns 5,428 shares of the industrial products company’s stock valued at $408,000 after acquiring an additional 5,074 shares during the period. Finally, Integrity Alliance LLC. increased its stake in shares of Ingersoll Rand by 31.8% during the third quarter. Integrity Alliance LLC. now owns 5,191 shares of the industrial products company’s stock valued at $390,000 after acquiring an additional 1,253 shares during the period. 95.27% of the stock is owned by institutional investors and hedge funds.
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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