Ingersoll Rand (NYSE:IR – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 3.570-3.570 for the period, compared to the consensus earnings per share estimate of 3.480. The company issued revenue guidance of $8.0 billion-$8.1 billion, compared to the consensus revenue estimate of $7.9 billion.
Ingersoll Rand Stock Performance
NYSE:IR traded down $0.38 during mid-day trading on Thursday, hitting $84.23. 4,541,429 shares of the stock were exchanged, compared to its average volume of 3,950,155. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.59 and a current ratio of 2.23. The stock has a market capitalization of $32.96 billion, a price-to-earnings ratio of 56.91, a price-to-earnings-growth ratio of 5.47 and a beta of 1.17. The firm’s 50-day simple moving average is $77.50 and its 200 day simple moving average is $82.69. Ingersoll Rand has a fifty-two week low of $68.07 and a fifty-two week high of $100.96.
Ingersoll Rand (NYSE:IR – Get Free Report) last announced its earnings results on Thursday, July 30th. The industrial products company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.03. Ingersoll Rand had a net margin of 7.54% and a return on equity of 12.79%. The company had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $1.96 billion. Ingersoll Rand has set its FY 2026 guidance at 3.570-3.570 EPS. As a group, equities analysts anticipate that Ingersoll Rand will post 3.37 EPS for the current fiscal year.
Ingersoll Rand Dividend Announcement
Wall Street Analysts Forecast Growth
Several research firms have commented on IR. Weiss Ratings raised shares of Ingersoll Rand from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, July 21st. Evercore set a $84.00 price target on shares of Ingersoll Rand in a research report on Monday, May 11th. Citigroup lowered their price objective on shares of Ingersoll Rand from $113.00 to $109.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. Wall Street Zen upgraded Ingersoll Rand from a “hold” rating to a “buy” rating in a research note on Saturday, July 25th. Finally, Robert W. Baird set a $103.00 price objective on Ingersoll Rand in a research report on Thursday, April 30th. Four analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $91.86.
View Our Latest Research Report on Ingersoll Rand
Hedge Funds Weigh In On Ingersoll Rand
Several large investors have recently modified their holdings of IR. Arax Advisory Partners acquired a new position in Ingersoll Rand during the 4th quarter valued at about $35,000. DV Equities LLC purchased a new stake in Ingersoll Rand in the 4th quarter valued at about $40,000. Osterweis Capital Management Inc. lifted its position 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 buying an additional 621 shares in the last quarter. EFG International AG purchased a new position in shares of Ingersoll Rand in the 4th quarter worth approximately $66,000. Finally, Geneos Wealth Management Inc. grew its holdings 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 acquiring an additional 346 shares in the last quarter. Institutional investors 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.
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