Ingersoll Rand (NYSE:IR) Given New $88.00 Price Target at Wells Fargo & Company

Ingersoll Rand (NYSE:IR) had its target price lowered by Wells Fargo & Company from $90.00 to $88.00 in a report released on Thursday,Benzinga reports. The brokerage currently has an overweight rating on the industrial products company’s stock.

Several other research firms also recently commented on IR. Robert W. Baird set a $103.00 price objective on Ingersoll Rand in a research note on Thursday. Barclays reduced their price objective on Ingersoll Rand from $100.00 to $95.00 and set an “overweight” rating for the company in a research note on Thursday. Wall Street Zen downgraded Ingersoll Rand from a “buy” rating to a “hold” rating in a research note on Saturday, April 11th. Stifel Nicolaus cut their target price on Ingersoll Rand from $101.00 to $90.00 and set a “hold” rating for the company in a research note on Tuesday, April 14th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ingersoll Rand in a research note on Friday, March 27th. Four equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $94.71.

Ingersoll Rand Stock Up 3.3%

NYSE IR opened at $79.99 on Thursday. The business has a fifty day moving average price of $84.96 and a 200 day moving average price of $83.63. Ingersoll Rand has a one year low of $72.45 and a one year high of $100.96. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.49 and a current ratio of 2.23. The company has a market cap of $31.30 billion, a P/E ratio of 54.05, a P/E/G ratio of 4.85 and a beta of 1.33.

Ingersoll Rand (NYSE:IR) last posted its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.74 by $0.03. Ingersoll Rand had a return on equity of 12.79% and a net margin of 7.54%.The firm had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.83 billion. During the same period in the prior year, the company earned $0.72 EPS. The firm’s revenue was up 7.6% compared to the same quarter last year. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. Research analysts anticipate that Ingersoll Rand will post 3.4 EPS for the current fiscal year.

Ingersoll Rand Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 14th will be issued a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Thursday, May 14th. Ingersoll Rand’s dividend payout ratio (DPR) is 5.52%.

Insider Activity at Ingersoll Rand

In related news, insider Kathleen M. Keene sold 12,000 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $99.46, for a total transaction of $1,193,520.00. Following the completion of the transaction, the insider directly owned 3,528 shares in the company, valued at $350,894.88. This trade represents a 77.28% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Michael J. Scheske sold 19,122 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $97.67, for a total value of $1,867,645.74. Following the transaction, the chief accounting officer owned 12,153 shares of the company’s stock, valued at $1,186,983.51. This trade represents a 61.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 424,263 shares of company stock worth $40,828,923 over the last ninety days. Company insiders own 0.59% of the company’s stock.

Hedge Funds Weigh In On Ingersoll Rand

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Deseret Mutual Benefit Administrators boosted its stake in shares of Ingersoll Rand by 46.9% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 351 shares of the industrial products company’s stock valued at $28,000 after buying an additional 112 shares during the period. Hilton Head Capital Partners LLC purchased a new position in shares of Ingersoll Rand in the 4th quarter valued at about $29,000. Reflection Asset Management purchased a new position in shares of Ingersoll Rand in the 4th quarter valued at about $31,000. Torren Management LLC purchased a new position in shares of Ingersoll Rand in the 4th quarter valued at about $32,000. Finally, Salomon & Ludwin LLC boosted its stake in shares of Ingersoll Rand by 166.9% in the 4th quarter. Salomon & Ludwin LLC now owns 427 shares of the industrial products company’s stock valued at $35,000 after buying an additional 267 shares during the period. Hedge funds and other institutional investors own 95.27% of the company’s stock.

Ingersoll Rand News Roundup

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

• Positive Sentiment: Q1 results beat consensus: Ingersoll Rand reported stronger-than-expected Q1 revenue and EPS, and the company provided FY2026 EPS guidance that supports continued growth expectations. Read More.
• Positive Sentiment: Citigroup kept a Buy rating and still models material upside (PT lowered from $113 to $109, ~36% upside vs current levels), signaling continued analyst confidence despite the trim. Read More.
• Positive Sentiment: Wells Fargo maintained an Overweight rating (PT trimmed from $90 to $88), indicating the stock remains attractive to some institutional analysts. Read More.
• Neutral Sentiment: Full earnings-call transcripts and the investor presentation are available for deeper detail on segment performance and management commentary (useful for conviction but no new headline). Read More.
• Neutral Sentiment: Analyst comparatives: coverage compares IR to peers (e.g., Tennant) for value-minded investors — helpful for relative-value decisions but not a direct catalyst. Read More.
• Negative Sentiment: Margin pressure and softer organic orders: commentary and analyst notes highlight contracting margins and a slip in organic sales/orders despite top-line beat — a potential headwind for near-term multiple expansion. Read More.

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.