Ingersoll Rand (NYSE:IR) Posts Earnings Results, Beats Estimates By $0.03 EPS

Ingersoll Rand (NYSE:IR) issued its quarterly earnings results on Thursday. The industrial products company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.03, FiscalAI reports. The business had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.96 billion. Ingersoll Rand had a net margin of 7.54% and a return on equity of 12.79%. The business’s revenue was up 8.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.80 earnings per share. Ingersoll Rand updated its FY 2026 guidance to 3.570-3.570 EPS.

Ingersoll Rand Price Performance

Shares of Ingersoll Rand stock traded down $0.38 on Thursday, hitting $84.23. The company’s stock had a trading volume of 4,544,210 shares, compared to its average volume of 3,858,712. The company has a market capitalization of $32.96 billion, a P/E ratio of 56.91, a price-to-earnings-growth ratio of 5.35 and a beta of 1.17. Ingersoll Rand has a 52-week low of $68.07 and a 52-week high of $100.96. The firm has a fifty day moving average price of $77.78 and a 200-day moving average price of $82.68. The company has a quick ratio of 1.59, a current ratio of 2.23 and a debt-to-equity ratio of 0.47.

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 $0.02 dividend. The ex-dividend date is Thursday, August 13th. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. Ingersoll Rand’s payout ratio is currently 5.41%.

Ingersoll Rand News Roundup

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

• Positive Sentiment: Ingersoll Rand reported second-quarter adjusted EPS of $0.86, ahead of the $0.83 consensus estimate and up from $0.80 a year earlier. Revenue rose 8.5% year over year to $2.05 billion, exceeding the $1.96 billion estimate. Ingersoll Rand Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management raised its fiscal 2026 revenue outlook to $8.0 billion-$8.1 billion, above the approximately $7.9 billion analyst consensus, signaling continued demand and order momentum. The company cited strong organic growth, portfolio strength and consistent execution. Ingersoll Rand Reports Second Quarter 2026 Results
• Neutral Sentiment: Full-year 2026 EPS guidance was listed at approximately $3.57, above the $3.48 consensus estimate. However, reports characterized the earnings forecast as essentially steady, limiting the upside reaction compared with the revenue outlook.
• Negative Sentiment: Investors may be concerned that Ingersoll Rand’s valuation remains elevated, with a price-to-earnings ratio above 50 and a PEG ratio above 5. Earlier commentary also argued that cash-flow performance leaves limited room for further upside, increasing the risk of profit-taking after the earnings release. Ingersoll Rand Stock Looks Pricey As Cash Flow Leaves Little Upside

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Arax Advisory Partners acquired a new position in Ingersoll Rand in the 4th quarter valued at about $35,000. DV Equities LLC acquired a new position in Ingersoll Rand in the 4th quarter valued at $40,000. Osterweis Capital Management Inc. lifted its stake in shares of Ingersoll Rand by 6,210.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 631 shares of the industrial products company’s stock worth $52,000 after purchasing an additional 621 shares during the period. EFG International AG purchased a new stake in shares of Ingersoll Rand in the fourth quarter valued at $66,000. Finally, Geneos Wealth Management Inc. grew its position in shares of Ingersoll Rand by 50.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,038 shares of the industrial products company’s stock valued at $86,000 after purchasing an additional 346 shares during the period. 95.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

IR has been the topic of a number of recent analyst reports. Morgan Stanley dropped their price objective on Ingersoll Rand from $92.00 to $80.00 and set an “equal weight” rating on the stock in a report on Wednesday, June 3rd. Barclays reduced 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. Evercore set a $84.00 target price on shares of Ingersoll Rand in a research report on Monday, May 11th. Robert W. Baird set a $103.00 price target on shares of Ingersoll Rand in a research note on Thursday, April 30th. Finally, Weiss Ratings upgraded shares of Ingersoll Rand from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, July 21st. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Ingersoll Rand currently has an average rating of “Moderate Buy” and an average target price of $91.86.

Ingersoll Rand Company Profile

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.