Northwestern Mutual Wealth Management Co. boosted its position in Ingersoll Rand Inc. (NYSE:IR – Free Report) by 3,338.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 744,052 shares of the industrial products company’s stock after purchasing an additional 722,412 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Ingersoll Rand were worth $58,944,000 at the end of the most recent reporting period.
Several other large investors have also recently made changes to their positions in IR. Torren Management LLC bought a new stake in shares of Ingersoll Rand in the 4th quarter worth approximately $32,000. Salomon & Ludwin LLC lifted its stake in Ingersoll Rand by 166.9% in the fourth quarter. Salomon & Ludwin LLC now owns 427 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 267 shares during the last quarter. Grey Fox Wealth Advisors LLC purchased a new stake in Ingersoll Rand during the third quarter valued at about $36,000. Westside Investment Management Inc. grew its stake in shares of Ingersoll Rand by 100.0% during the third quarter. Westside Investment Management Inc. now owns 464 shares of the industrial products company’s stock valued at $39,000 after buying an additional 232 shares during the last quarter. Finally, ANTIPODES PARTNERS Ltd grew its stake in shares of Ingersoll Rand by 55.3% during the third quarter. ANTIPODES PARTNERS Ltd now owns 486 shares of the industrial products company’s stock valued at $40,000 after buying an additional 173 shares during the last quarter. 95.27% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on IR. Robert W. Baird set a $103.00 target price on Ingersoll Rand in a research note on Thursday, April 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ingersoll Rand in a research note on Friday, March 27th. Evercore set a $84.00 price objective on Ingersoll Rand in a research report on Monday, May 11th. Wall Street Zen cut shares of Ingersoll Rand from a “buy” rating to a “hold” rating in a report on Saturday, April 11th. Finally, Barclays decreased their target price on shares of Ingersoll Rand from $100.00 to $95.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Four investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Ingersoll Rand has a consensus rating of “Hold” and a consensus target price of $93.38.
Insider Buying and Selling at Ingersoll Rand
In other news, Director John Humphrey sold 4,300 shares of the firm’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $95.90, for a total value of $412,370.00. Following the transaction, the director owned 23,983 shares of the company’s stock, valued at $2,299,969.70. This trade represents a 15.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Vicente Reynal sold 30,492 shares of the business’s stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of $88.00, for a total value of $2,683,296.00. Following the transaction, the insider owned 209,534 shares of the company’s stock, valued at approximately $18,438,992. This trade represents a 12.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 267,953 shares of company stock valued at $25,422,232 in the last ninety days. 0.49% of the stock is currently owned by company insiders.
Ingersoll Rand Stock Up 0.0%
NYSE:IR opened at $70.36 on Monday. The firm has a 50-day simple moving average of $81.49 and a two-hundred day simple moving average of $83.46. 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 Inc. has a fifty-two week low of $70.23 and a fifty-two week high of $100.96. The firm has a market cap of $27.53 billion, a P/E ratio of 47.54, a P/E/G ratio of 4.45 and a beta of 1.25.
Ingersoll Rand (NYSE:IR – Get Free Report) last posted its earnings results on Tuesday, April 28th. The industrial products company reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.03. The business had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.83 billion. Ingersoll Rand had a net margin of 7.54% and a return on equity of 12.79%. The firm’s revenue was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.72 EPS. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. Analysts predict that Ingersoll Rand Inc. will post 3.37 earnings per share for the current fiscal year.
Ingersoll Rand Dividend Announcement
The business 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 $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Thursday, May 14th. Ingersoll Rand’s dividend payout ratio (DPR) is currently 5.41%.
Ingersoll Rand News Roundup
Here are the key news stories impacting Ingersoll Rand this week:
- Negative Sentiment: Zacks Research trimmed Ingersoll Rand’s near-term earnings estimates, including Q2 2026 to $0.79 from $0.82, Q3 2026 to $0.87 from $0.88, and Q4 2026 to $0.96 from $0.97, suggesting a bit less earnings momentum in the current year.
- Negative Sentiment: The firm also lowered forward EPS forecasts for Q1 2027 to $0.75 from $0.77, Q2 2027 to $0.87 from $0.90, Q3 2027 to $0.94 from $0.96, and Q4 2027 to $1.05 from $1.06, reinforcing cautious expectations for the next fiscal cycle.
- Negative Sentiment: Longer-term estimates were also cut, with FY2026 reduced to $3.37 from $3.38, FY2027 to $3.63 from $3.69, FY2028 to $4.03 from $4.13, and Q1 2028 to $0.87 from $0.88, which may add to valuation concerns for a stock already trading well below its recent highs.
- Neutral Sentiment: Despite the downgrades, Zacks’ estimates still imply steady growth over time, and the current full-year consensus remains at $3.38 per share, close to prior projections.
- Positive Sentiment: A separate article highlighted Weitz Large Cap Equity Fund backing Ingersoll Rand on its earnings setup, indicating that some investors still see upside in the company’s longer-term fundamentals. Article Title
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.
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