Zacks Research Lifts Earnings Estimates for Ingersoll Rand

Ingersoll Rand Inc. (NYSE:IR) – Equities researchers at Zacks Research boosted their Q2 2026 EPS estimates for shares of Ingersoll Rand in a report released on Thursday, March 26th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings per share of $0.83 for the quarter, up from their previous estimate of $0.82. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Ingersoll Rand’s current full-year earnings is $3.32 per share. Zacks Research also issued estimates for Ingersoll Rand’s Q3 2027 earnings at $0.99 EPS, FY2027 earnings at $3.78 EPS and FY2028 earnings at $4.28 EPS.

Ingersoll Rand (NYSE:IR) last released its quarterly earnings results 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 business had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2.04 billion. Ingersoll Rand had a return on equity of 12.62% and a net margin of 7.60%.The company’s quarterly revenue was up 10.1% on a year-over-year basis. During the same period last year, the business posted $0.84 earnings per share. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS.

IR has been the subject of several other research reports. Wall Street Zen raised shares of Ingersoll Rand from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. Robert W. Baird set a $115.00 target price on shares of Ingersoll Rand in a research note on Tuesday, February 17th. Citigroup raised their price target on shares of Ingersoll Rand from $94.00 to $98.00 and gave the company a “buy” rating in a research report on Monday, January 12th. Barclays boosted their price target 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. Finally, Wells Fargo & Company increased their price objective on Ingersoll Rand from $92.00 to $110.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. Four analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $101.86.

Ingersoll Rand Stock Performance

NYSE IR opened at $80.15 on Monday. 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 company has a market cap of $31.39 billion, a P/E ratio of 55.28, a P/E/G ratio of 4.74 and a beta of 1.29. The stock has a 50-day moving average of $89.41 and a two-hundred day moving average of $83.37. Ingersoll Rand has a 1-year low of $65.61 and a 1-year high of $100.96.

Ingersoll Rand Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Wednesday, March 4th were issued a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Wednesday, March 4th. Ingersoll Rand’s dividend payout ratio (DPR) is presently 5.52%.

Insider Buying and Selling at Ingersoll Rand

In other Ingersoll Rand news, Director John Humphrey sold 4,300 shares of Ingersoll Rand stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $95.90, for a total transaction of $412,370.00. Following the completion of the sale, the director directly owned 23,983 shares of the company’s stock, valued at $2,299,969.70. The trade was a 15.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Elizabeth Meloy Hepding sold 18,246 shares of the company’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $97.11, for a total value of $1,771,869.06. Following the transaction, the insider directly owned 16,200 shares of the company’s stock, valued at approximately $1,573,182. This represents a 52.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 584,771 shares of company stock worth $54,976,547. 0.68% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Ingersoll Rand

Institutional investors have recently added to or reduced their stakes in the business. Capital International Investors increased its stake in Ingersoll Rand by 4.7% in the fourth quarter. Capital International Investors now owns 52,353,914 shares of the industrial products company’s stock valued at $4,147,878,000 after purchasing an additional 2,351,781 shares during the last quarter. Capital World Investors lifted its position in shares of Ingersoll Rand by 19.2% during the 3rd quarter. Capital World Investors now owns 31,787,657 shares of the industrial products company’s stock worth $2,626,296,000 after buying an additional 5,110,668 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its holdings in shares of Ingersoll Rand by 18.6% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 21,791,309 shares of the industrial products company’s stock valued at $1,726,308,000 after buying an additional 3,423,501 shares in the last quarter. Capital Research Global Investors grew its position in shares of Ingersoll Rand by 1.2% in the 4th quarter. Capital Research Global Investors now owns 19,476,801 shares of the industrial products company’s stock valued at $1,543,017,000 after buying an additional 222,125 shares during the last quarter. Finally, State Street Corp raised its stake in Ingersoll Rand by 1.5% during the 2nd quarter. State Street Corp now owns 16,514,718 shares of the industrial products company’s stock worth $1,373,694,000 after acquiring an additional 239,779 shares in the last quarter. Hedge funds and other institutional investors own 95.27% of the company’s stock.

Ingersoll Rand Company 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.