Q3 EPS Estimates for Ingersoll Rand Lifted by Zacks Research

Ingersoll Rand Inc. (NYSE:IR) – Investment analysts at Zacks Research boosted their Q3 2027 EPS estimates for shares of Ingersoll Rand in a research note issued on Thursday, August 13th. Zacks Research analyst Team now forecasts that the industrial products company will earn $0.97 per share for the quarter, up from their prior forecast of $0.95. The consensus estimate for Ingersoll Rand’s current full-year earnings is $3.38 per share. Zacks Research also issued estimates for Ingersoll Rand’s Q4 2027 earnings at $1.07 EPS and Q1 2028 earnings at $0.86 EPS.

Ingersoll Rand (NYSE:IR) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.03. Ingersoll Rand had a net margin of 12.08% and a return on equity of 12.90%. The company had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $1.96 billion. During the same quarter in the previous year, the firm posted $0.80 EPS. The business’s revenue was up 8.5% compared to the same quarter last year. Ingersoll Rand has set its FY 2026 guidance at 3.570-3.570 EPS.

A number of other equities analysts also recently weighed in on IR. Barclays dropped their target price on shares of Ingersoll Rand from $100.00 to $95.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Morgan Stanley set a $87.00 price target on shares of Ingersoll Rand in a research note on Monday, August 10th. Citigroup dropped 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 lowered Ingersoll Rand from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Finally, Robert W. Baird lifted their target price on Ingersoll Rand from $103.00 to $109.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $96.14.

Ingersoll Rand Stock Down 1.2%

Shares of NYSE IR opened at $82.33 on Tuesday. Ingersoll Rand has a 52-week low of $68.07 and a 52-week high of $100.96. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.15 and a current ratio of 1.62. The business has a fifty day moving average of $81.26 and a two-hundred day moving average of $82.59. The stock has a market cap of $31.94 billion, a PE ratio of 33.88, a PEG ratio of 5.25 and a beta of 1.17.

Ingersoll Rand Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 13th will be issued a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 0.1%. The ex-dividend date is Thursday, August 13th. Ingersoll Rand’s dividend payout ratio is currently 3.29%.

Insider Buying and Selling

In other Ingersoll Rand news, Director Aurobind Satpathy bought 11,538 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was bought at an average price of $86.68 per share, for a total transaction of $1,000,113.84. Following the transaction, the director owned 11,538 shares of the company’s stock, valued at approximately $1,000,113.84. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.49% of the company’s stock.

Institutional Investors Weigh In On Ingersoll Rand

A number of institutional investors have recently made changes to their positions in the stock. Bell Investment Advisors Inc bought a new position in Ingersoll Rand during the second quarter worth about $26,000. Deseret Mutual Benefit Administrators raised its position in shares of Ingersoll Rand by 46.9% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 351 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 112 shares during the period. Hilton Head Capital Partners LLC bought a new position in Ingersoll Rand during the 4th quarter worth approximately $29,000. Reflection Asset Management acquired a new position in Ingersoll Rand during the fourth quarter valued at approximately $31,000. Finally, Torren Management LLC bought a new stake in Ingersoll Rand in the fourth quarter valued at approximately $32,000. 95.27% of the stock is owned by institutional investors and hedge funds.

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.