Ingersoll Rand (NYSE:IR) Insider Vicente Reynal Sells 118,044 Shares of Stock

Ingersoll Rand Inc. (NYSE:IR) insider Vicente Reynal sold 118,044 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $94.11, for a total value of $11,109,120.84. Following the sale, the insider directly owned 209,534 shares in the company, valued at $19,719,244.74. This trade represents a 36.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Vicente Reynal also recently made the following trade(s):

• On Wednesday, February 18th, Vicente Reynal sold 900 shares of Ingersoll Rand stock. The stock was sold at an average price of $100.00, for a total value of $90,000.00.
• On Tuesday, February 17th, Vicente Reynal sold 36,482 shares of Ingersoll Rand stock. The shares were sold at an average price of $97.50, for a total value of $3,556,995.00.
• On Friday, February 13th, Vicente Reynal sold 55,870 shares of Ingersoll Rand stock. The stock was sold at an average price of $100.39, for a total value of $5,608,789.30.
• On Wednesday, February 11th, Vicente Reynal sold 440 shares of Ingersoll Rand stock. The shares were sold at an average price of $100.00, for a total transaction of $44,000.00.
• On Wednesday, February 4th, Vicente Reynal sold 90,281 shares of Ingersoll Rand stock. The shares were sold at an average price of $97.92, for a total transaction of $8,840,315.52.
• On Tuesday, February 3rd, Vicente Reynal sold 9,719 shares of Ingersoll Rand stock. The stock was sold at an average price of $94.00, for a total transaction of $913,586.00.
• On Friday, January 16th, Vicente Reynal sold 191,000 shares of Ingersoll Rand stock. The shares were sold at an average price of $88.12, for a total transaction of $16,830,920.00.

Ingersoll Rand Trading Up 0.3%

Shares of IR opened at $91.86 on Thursday. Ingersoll Rand Inc. has a 1-year low of $65.61 and a 1-year high of $100.96. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.06 and a quick ratio of 1.49. The firm has a 50 day simple moving average of $89.56 and a 200-day simple moving average of $82.88. The stock has a market cap of $35.97 billion, a price-to-earnings ratio of 63.35, a price-to-earnings-growth ratio of 5.65 and a beta of 1.29.

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

Ingersoll Rand Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Wednesday, March 4th will be issued 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 dividend yield of 0.1%. Ingersoll Rand’s payout ratio is 5.52%.

Analyst Ratings Changes

IR has been the subject of several recent analyst reports. Barclays lifted their target price on shares of Ingersoll Rand from $91.00 to $111.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 17th. Robert W. Baird set a $115.00 target price on Ingersoll Rand in a research note on Tuesday, February 17th. Stifel Nicolaus lifted their price target on Ingersoll Rand from $87.00 to $101.00 and gave the company a “hold” rating in a report on Tuesday, February 17th. Weiss Ratings reiterated a “hold (c)” rating on shares of Ingersoll Rand in a report on Monday, December 29th. Finally, Wells Fargo & Company boosted their target price on shares of Ingersoll Rand from $92.00 to $110.00 and gave the company an “overweight” rating in a report on Tuesday, February 17th. Four equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $101.86.

Hedge Funds Weigh In On Ingersoll Rand

Hedge funds and other institutional investors have recently made changes to their positions in the business. NewSquare Capital LLC increased its holdings in Ingersoll Rand by 150.7% in the 2nd quarter. NewSquare Capital LLC now owns 341 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 205 shares in the last quarter. Deseret Mutual Benefit Administrators boosted its position in shares of Ingersoll Rand by 46.9% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 351 shares of the industrial products company’s stock worth $28,000 after buying an additional 112 shares during the period. Hilton Head Capital Partners LLC purchased a new stake in shares of Ingersoll Rand during the 4th quarter valued at about $29,000. Reflection Asset Management acquired a new position in Ingersoll Rand during the 4th quarter worth approximately $31,000. Finally, Torren Management LLC acquired a new stake in Ingersoll Rand in the fourth quarter valued at approximately $32,000. Institutional investors and hedge funds own 95.27% of the company’s stock.

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.