Zacks Research Forecasts Lower Earnings for Ingersoll Rand

Ingersoll Rand Inc. (NYSE:IR) – Research analysts at Zacks Research reduced their Q1 2026 EPS estimates for Ingersoll Rand in a research note issued to investors on Wednesday, April 30th. Zacks Research analyst A. Bhattacharjee now expects that the industrial products company will post earnings of $0.74 per share for the quarter, down from their prior estimate of $0.76. 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 Q2 2026 earnings at $0.84 EPS and Q1 2027 earnings at $0.81 EPS.

Ingersoll Rand (NYSE:IR) last issued its quarterly earnings results on Thursday, May 1st. The industrial products company reported $0.72 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.02). Ingersoll Rand had a net margin of 11.59% and a return on equity of 12.78%. The company had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.73 billion. During the same period last year, the company earned $0.78 earnings per share. Ingersoll Rand’s revenue for the quarter was up 2.8% on a year-over-year basis.

A number of other analysts have also recently weighed in on the company. Stifel Nicolaus lowered their price target on Ingersoll Rand from $94.00 to $77.00 and set a “hold” rating on the stock in a research report on Monday, April 14th. Barclays dropped their target price on shares of Ingersoll Rand from $93.00 to $85.00 and set an “overweight” rating for the company in a research report on Thursday, April 10th. Citigroup decreased their price objective on shares of Ingersoll Rand from $109.00 to $88.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. Wells Fargo & Company cut their target price on shares of Ingersoll Rand from $115.00 to $105.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Finally, Robert W. Baird increased their price target on Ingersoll Rand from $105.00 to $111.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 18th. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, Ingersoll Rand has a consensus rating of “Moderate Buy” and an average price target of $100.36.

Ingersoll Rand Stock Up 1.1 %

NYSE IR opened at $76.24 on Thursday. Ingersoll Rand has a 1-year low of $65.61 and a 1-year high of $106.03. The company has a market capitalization of $30.73 billion, a price-to-earnings ratio of 37.01, a PEG ratio of 3.50 and a beta of 1.40. The stock’s 50 day moving average is $77.70 and its two-hundred day moving average is $89.52. The company has a current ratio of 2.29, a quick ratio of 1.71 and a debt-to-equity ratio of 0.46.

Institutional Investors Weigh In On Ingersoll Rand

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Savant Capital LLC boosted its position in Ingersoll Rand by 2.3% during the fourth quarter. Savant Capital LLC now owns 6,938 shares of the industrial products company’s stock valued at $628,000 after purchasing an additional 158 shares during the last quarter. Virtu Financial LLC bought a new position in shares of Ingersoll Rand in the third quarter valued at $864,000. Nordea Investment Management AB increased its holdings in Ingersoll Rand by 19.1% during the fourth quarter. Nordea Investment Management AB now owns 1,691,399 shares of the industrial products company’s stock worth $153,867,000 after buying an additional 271,381 shares during the last quarter. abrdn plc raised its position in Ingersoll Rand by 70.5% during the fourth quarter. abrdn plc now owns 262,863 shares of the industrial products company’s stock worth $23,851,000 after acquiring an additional 108,700 shares in the last quarter. Finally, AdvisorNet Financial Inc lifted its stake in Ingersoll Rand by 441.4% in the fourth quarter. AdvisorNet Financial Inc now owns 18,652 shares of the industrial products company’s stock valued at $1,687,000 after acquiring an additional 15,207 shares during the last quarter. 95.27% of the stock is currently owned by institutional investors and hedge funds.

Ingersoll Rand declared that its Board of Directors has authorized a share repurchase program on Thursday, May 1st that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the industrial products company to reacquire up to 3.3% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Ingersoll Rand Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, May 15th will be paid a dividend of $0.02 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.08 annualized dividend and a dividend yield of 0.10%. Ingersoll Rand’s dividend payout ratio is currently 3.88%.

Ingersoll Rand Company Profile

Ingersoll Rand Inc provides various mission-critical air, gas, liquid, and solid flow creation technologies services and solutions worldwide. It operates through two segments, Industrial Technologies and Services, and Precision and Science Technologies. The Industrial Technologies and Services segment designs, manufactures, markets, and services air and gas compression, vacuum, and blower products; fluid transfer equipment and loading systems; and power tools and lifting equipment, including associated aftermarket parts, consumables, air treatment equipment, controls, other accessories, and services under the under the Ingersoll Rand, Gardner Denver, Nash, CompAir, Elmo Rietschle brands, etc.