Ingersoll Rand (IR) Projected to Announce Earnings on Thursday

Ingersoll Rand (NYSE:IRGet Free Report) is expected to post its Q2 2026 results after the market closes on Thursday, July 30th. Analysts expect Ingersoll Rand to post earnings of $0.83 per share and revenue of $1.9564 billion for the quarter. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. Investors may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Friday, July 31, 2026 at 8:00 AM ET.

Ingersoll Rand (NYSE:IRGet Free Report) last released its quarterly earnings data 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. Ingersoll Rand had a return on equity of 12.79% and a net margin of 7.54%.The business 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 firm posted $0.72 EPS. The business’s revenue for the quarter was up 7.6% on a year-over-year basis. On average, analysts expect Ingersoll Rand to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Ingersoll Rand Price Performance

IR stock opened at $83.72 on Thursday. The company has a current ratio of 2.23, a quick ratio of 1.59 and a debt-to-equity ratio of 0.47. Ingersoll Rand has a 12-month low of $68.07 and a 12-month high of $100.96. The company has a market cap of $32.76 billion, a PE ratio of 56.57, a price-to-earnings-growth ratio of 5.12 and a beta of 1.17. The stock has a 50-day moving average price of $76.03 and a two-hundred day moving average price of $82.60.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Wells Fargo & Company dropped their price objective on shares of Ingersoll Rand from $90.00 to $88.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Stifel Nicolaus reduced their target price on Ingersoll Rand from $85.00 to $84.00 and set a “hold” rating for the company in a research note on Monday. Morgan Stanley lowered their price objective on Ingersoll Rand from $92.00 to $80.00 and set an “equal weight” rating for the company in a report on Wednesday, June 3rd. Evercore set a $84.00 target price on shares of Ingersoll Rand in a report on Monday, May 11th. Finally, 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 report on Thursday, April 30th. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $91.86.

Check Out Our Latest Report on Ingersoll Rand

Hedge Funds Weigh In On Ingersoll Rand

Hedge funds have recently made changes to their positions in the business. Lazard Asset Management LLC purchased a new position in shares of Ingersoll Rand during the fourth quarter valued at $149,297,000. Amundi boosted its holdings in shares of Ingersoll Rand by 49.2% during the fourth quarter. Amundi now owns 3,027,879 shares of the industrial products company’s stock worth $239,864,000 after purchasing an additional 999,040 shares during the period. UBS Group AG grew its position in Ingersoll Rand by 26.7% during the third quarter. UBS Group AG now owns 3,625,020 shares of the industrial products company’s stock valued at $299,499,000 after purchasing an additional 765,041 shares in the last quarter. Voloridge Investment Management LLC increased its stake in Ingersoll Rand by 961.0% in the 4th quarter. Voloridge Investment Management LLC now owns 472,947 shares of the industrial products company’s stock valued at $37,467,000 after buying an additional 428,373 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Ingersoll Rand by 7.0% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,568,800 shares of the industrial products company’s stock worth $441,160,000 after buying an additional 365,497 shares in the last quarter. Institutional investors and hedge funds own 95.27% of the company’s stock.

Key Ingersoll Rand News

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

About Ingersoll Rand

(Get Free Report)

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.

See Also

Earnings History for Ingersoll Rand (NYSE:IR)

Receive News & Ratings for Ingersoll Rand Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ingersoll Rand and related companies with MarketBeat.com's FREE daily email newsletter.