Ingersoll Rand (NYSE:IR) Director John Humphrey Sells 4,300 Shares of Stock

Ingersoll Rand Inc. (NYSE:IR) Director John Humphrey sold 4,300 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $95.90, for a total transaction of $412,370.00. Following the sale, the director directly owned 23,983 shares of the company’s stock, valued at approximately $2,299,969.70. The trade was a 15.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Ingersoll Rand Stock Down 1.8%

NYSE IR opened at $93.87 on Tuesday. The stock’s 50 day simple moving average is $87.69 and its 200 day simple moving average is $82.17. Ingersoll Rand Inc. has a one year low of $65.61 and a one year high of $100.96. The firm has a market cap of $36.76 billion, a PE ratio of 64.74, a price-to-earnings-growth ratio of 5.92 and a beta of 1.32. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.06 and a quick ratio of 1.49.

Ingersoll Rand (NYSE:IR) last posted its quarterly earnings data on Thursday, February 12th. The industrial products company reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $0.06. Ingersoll Rand had a return on equity of 12.62% and a net margin of 7.60%.The company had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.04 billion. During the same quarter in the previous year, the firm earned $0.84 earnings per share. The business’s revenue was up 10.1% on a year-over-year basis. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. As a group, sell-side analysts forecast that Ingersoll Rand Inc. will post 3.32 earnings per share for the current fiscal year.

Ingersoll Rand Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Wednesday, March 4th will be paid a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Wednesday, March 4th. Ingersoll Rand’s dividend payout ratio is 5.52%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on IR shares. Citigroup lifted their target price on Ingersoll Rand from $94.00 to $98.00 and gave the company a “buy” rating in a research note on Monday, January 12th. Barclays boosted their price objective on Ingersoll Rand from $91.00 to $111.00 and gave the stock an “overweight” rating in a report on Tuesday, February 17th. Weiss Ratings restated a “hold (c)” rating on shares of Ingersoll Rand in a research report on Monday, December 29th. Zacks Research upgraded shares of Ingersoll Rand from a “strong sell” rating to a “hold” rating in a research report on Friday, December 12th. Finally, Wells Fargo & Company increased their price objective on shares of Ingersoll Rand from $92.00 to $110.00 and gave the company an “overweight” rating in a report 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, the stock presently has an average rating of “Hold” and a consensus target price of $101.86.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Capital International Investors lifted its stake in shares of Ingersoll Rand by 18.5% during the 3rd quarter. Capital International Investors now owns 50,002,133 shares of the industrial products company’s stock worth $4,131,157,000 after buying an additional 7,816,194 shares during the last quarter. Norges Bank bought a new stake in Ingersoll Rand during the fourth quarter worth about $407,915,000. Capital World Investors boosted 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 acquiring an additional 5,110,668 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its stake 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 purchasing an additional 3,423,501 shares during the last quarter. Finally, Capital Research Global Investors raised its stake in Ingersoll Rand by 14.3% during the third quarter. Capital Research Global Investors now owns 19,254,676 shares of the industrial products company’s stock worth $1,590,818,000 after acquiring an additional 2,406,183 shares in the last quarter. 95.27% of the stock is currently owned by institutional investors and hedge funds.

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.