Q3 EPS Estimates for Ingersoll Rand Cut by Zacks Research

Ingersoll Rand Inc. (NYSE:IR) – Research analysts at Zacks Research reduced their Q3 2026 earnings per share estimates for Ingersoll Rand in a report issued on Wednesday, April 30th. Zacks Research analyst A. Bhattacharjee now expects that the industrial products company will earn $0.90 per share for the quarter, down from their prior forecast of $0.94. 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 Q4 2026 earnings at $0.97 EPS, FY2026 earnings at $3.46 EPS and FY2027 earnings at $3.74 EPS.

Other equities research analysts have also recently issued research reports about the company. Evercore ISI reduced their price objective on Ingersoll Rand from $100.00 to $91.00 and set an “in-line” rating for the company in a research note on Wednesday, February 19th. Barclays reduced their price target 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. Stifel Nicolaus lowered their price objective on shares of Ingersoll Rand from $94.00 to $77.00 and set a “hold” rating on the stock in a research report on Monday, April 14th. Wells Fargo & Company reduced their target price on shares of Ingersoll Rand from $115.00 to $105.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Finally, Citigroup lowered their price target on Ingersoll Rand from $109.00 to $88.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Six research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, Ingersoll Rand presently has a consensus rating of “Moderate Buy” and an average target price of $100.36.

Ingersoll Rand Stock Up 0.7 %

IR opened at $76.72 on Friday. The stock has a market capitalization of $30.92 billion, a P/E ratio of 37.24, a price-to-earnings-growth ratio of 3.50 and a beta of 1.40. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.71 and a current ratio of 2.29. Ingersoll Rand has a one year low of $65.61 and a one year high of $106.03. The business’s 50-day simple moving average is $77.57 and its 200-day simple moving average is $89.28.

Ingersoll Rand (NYSE:IR) last issued its earnings results on Thursday, May 1st. The industrial products company reported $0.72 earnings per share (EPS) for the quarter, missing the consensus estimate 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 analyst estimates of $1.73 billion. During the same quarter in the previous year, the company posted $0.78 EPS. The company’s quarterly revenue was up 2.8% on a year-over-year basis.

Ingersoll Rand Announces Dividend

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

Ingersoll Rand declared that its board has authorized a stock buyback plan on Thursday, May 1st that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the industrial products company to repurchase up to 3.3% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its stock is undervalued.

Hedge Funds Weigh In On Ingersoll Rand

A number of institutional investors and hedge funds have recently made changes to their positions in IR. Compass Wealth Management LLC raised its holdings in Ingersoll Rand by 62.8% during the first quarter. Compass Wealth Management LLC now owns 355 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 137 shares during the last quarter. Global Wealth Strategies & Associates grew its holdings in Ingersoll Rand by 325.0% in the first quarter. Global Wealth Strategies & Associates now owns 374 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 286 shares during the last quarter. Murphy & Mullick Capital Management Corp purchased a new position in shares of Ingersoll Rand in the fourth quarter valued at $36,000. OFI Invest Asset Management acquired a new position in shares of Ingersoll Rand during the 4th quarter worth $38,000. Finally, Golden State Wealth Management LLC boosted its position in shares of Ingersoll Rand by 190.9% in the 1st quarter. Golden State Wealth Management LLC now owns 477 shares of the industrial products company’s stock worth $38,000 after buying an additional 313 shares in the last quarter. 95.27% of the stock is owned by institutional investors and hedge funds.

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.