First National Bank of Omaha Acquires Shares of 37,419 Ingersoll Rand Inc. $IR

First National Bank of Omaha acquired a new position in Ingersoll Rand Inc. (NYSE:IR) in the 3rd quarter, HoldingsChannel.com reports. The fund acquired 37,419 shares of the industrial products company’s stock, valued at approximately $3,092,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IR. Nordea Investment Management AB increased its holdings in Ingersoll Rand by 12.3% during the 3rd quarter. Nordea Investment Management AB now owns 2,018,638 shares of the industrial products company’s stock worth $165,811,000 after acquiring an additional 220,815 shares during the period. National Pension Service lifted its stake in Ingersoll Rand by 2.7% during the third quarter. National Pension Service now owns 617,981 shares of the industrial products company’s stock worth $51,058,000 after purchasing an additional 16,084 shares during the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new stake in Ingersoll Rand in the 2nd quarter worth approximately $8,375,000. Fisher Asset Management LLC boosted its stake in shares of Ingersoll Rand by 0.6% in the 2nd quarter. Fisher Asset Management LLC now owns 6,913,924 shares of the industrial products company’s stock valued at $575,100,000 after purchasing an additional 38,999 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S boosted its position in Ingersoll Rand by 79.0% during the third quarter. BI Asset Management Fondsmaeglerselskab A S now owns 28,411 shares of the industrial products company’s stock valued at $2,347,000 after buying an additional 12,539 shares during the period. 95.27% of the stock is currently owned by institutional investors.

Ingersoll Rand News Roundup

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

• Positive Sentiment: Stifel Nicolaus raised its price target on IR from $87 to $101 and kept a “hold” rating, signaling modest upside vs. the current share level and providing a small supportive analyst datapoint. Stifel Raises PT on Ingersoll Rand
• Neutral Sentiment: Ingersoll Rand presented at Barclays’ 43rd Annual Industrial Select Conference — a transcript is available; investor reaction will depend on any incremental management commentary on demand, margins or guidance (transcript does not by itself change fundamentals). Barclays Conference Transcript
• Neutral Sentiment: Analyst coverage remains mixed overall — one roundup piece highlights divergent views among industrials analysts on IR, and consensus analyst recommendation remains “Hold,” which implies limited near-term catalyst from upgrades/downgrades. Analysts’ Opinions Are Mixed Consensus “Hold” Report
• Negative Sentiment: Significant insider selling by EVP Vicente Reynal: two Form 4 filings show sales of 55,870 shares (Feb. 13 at ~$100.39) and 36,482 shares (Feb. 17 at ~$97.50), reducing his holdings materially and generating roughly $9.2M in proceeds. Large, recent insider sales can weigh on sentiment and may be a primary driver of downward pressure on the stock today. SEC Form 4 Insider Sales

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on IR shares. Wells Fargo & Company raised their target price on shares of Ingersoll Rand from $92.00 to $110.00 and gave the stock an “overweight” rating in a report on Tuesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Ingersoll Rand in a report on Monday, December 29th. Zacks Research raised shares of Ingersoll Rand from a “strong sell” rating to a “hold” rating in a research report on Friday, December 12th. Barclays lifted their target price on shares of Ingersoll Rand from $91.00 to $111.00 and gave the company an “overweight” rating in a report on Tuesday. Finally, Robert W. Baird set a $115.00 price target on shares of Ingersoll Rand in a research note on Tuesday. Four equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $101.86.

Insider Activity at Ingersoll Rand

In related news, CAO Michael J. Scheske sold 1,477 shares of the company’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $80.63, for a total transaction of $119,090.51. Following the completion of the sale, the chief accounting officer owned 12,153 shares in the company, valued at approximately $979,896.39. This represents a 10.84% decrease 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. Also, insider Vicente Reynal sold 36,482 shares of the business’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $97.50, for a total value of $3,556,995.00. Following the sale, the insider owned 193,186 shares of the company’s stock, valued at approximately $18,835,635. This represents a 15.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 385,269 shares of company stock worth $35,913,696 in the last 90 days. 0.59% of the stock is currently owned by corporate insiders.

Ingersoll Rand Trading Down 1.4%

Shares of NYSE:IR opened at $97.35 on Thursday. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.06 and a quick ratio of 1.49. Ingersoll Rand Inc. has a 1 year low of $65.61 and a 1 year high of $100.96. The company has a market cap of $38.46 billion, a P/E ratio of 67.14, a PEG ratio of 6.13 and a beta of 1.32. The stock’s fifty day moving average price is $86.91 and its 200-day moving average price is $81.76.

Ingersoll Rand (NYSE:IR) last released its quarterly earnings data on Thursday, February 12th. The industrial products company reported $0.96 EPS for the quarter, topping the consensus estimate of $0.90 by $0.06. The company had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.04 billion. Ingersoll Rand had a return on equity of 12.62% and a net margin of 7.60%.Ingersoll Rand’s revenue for the quarter was up 10.1% on a year-over-year basis. During the same period last year, the company earned $0.84 EPS. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. Sell-side analysts expect that Ingersoll Rand Inc. will post 3.32 earnings per share for the current year.

Ingersoll Rand Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Wednesday, March 4th will be given a dividend of $0.02 per share. The ex-dividend date is Wednesday, March 4th. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. Ingersoll Rand’s dividend payout ratio is 5.52%.

Ingersoll Rand 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.