Ingersoll Rand (NYSE:IR) Insider Sells $11,109,120.84 in Stock

Ingersoll Rand Inc. (NYSE:IR) insider Vicente Reynal sold 118,044 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $94.11, for a total value of $11,109,120.84. Following the sale, the insider directly owned 209,534 shares in the company, valued at approximately $19,719,244.74. The trade was a 36.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Vicente Reynal also recently made the following trade(s):

• On Wednesday, February 18th, Vicente Reynal sold 900 shares of Ingersoll Rand stock. The stock was sold at an average price of $100.00, for a total transaction of $90,000.00.
• On Tuesday, February 17th, Vicente Reynal sold 36,482 shares of Ingersoll Rand stock. The shares were sold at an average price of $97.50, for a total transaction of $3,556,995.00.
• On Friday, February 13th, Vicente Reynal sold 55,870 shares of Ingersoll Rand stock. The shares were sold at an average price of $100.39, for a total transaction of $5,608,789.30.
• On Wednesday, February 11th, Vicente Reynal sold 440 shares of Ingersoll Rand stock. The stock was sold at an average price of $100.00, for a total transaction of $44,000.00.
• On Wednesday, February 4th, Vicente Reynal sold 90,281 shares of Ingersoll Rand stock. The stock was sold at an average price of $97.92, for a total transaction of $8,840,315.52.
• On Tuesday, February 3rd, Vicente Reynal sold 9,719 shares of Ingersoll Rand stock. The shares were sold at an average price of $94.00, for a total transaction of $913,586.00.
• On Friday, January 16th, Vicente Reynal sold 191,000 shares of Ingersoll Rand stock. The shares were sold at an average price of $88.12, for a total transaction of $16,830,920.00.

Ingersoll Rand Price Performance

NYSE IR opened at $86.58 on Friday. The firm’s fifty day simple moving average is $89.84 and its two-hundred day simple moving average is $82.98. The firm has a market capitalization of $33.91 billion, a P/E ratio of 59.71, a P/E/G ratio of 5.59 and a beta of 1.29. The company has a current ratio of 2.06, a quick ratio of 1.49 and a debt-to-equity ratio of 0.47. Ingersoll Rand Inc. has a 12-month low of $65.61 and a 12-month high of $100.96.

Ingersoll Rand (NYSE:IR) last issued its quarterly earnings data on Thursday, February 12th. The industrial products company reported $0.96 EPS for the quarter, beating the consensus estimate of $0.90 by $0.06. The firm 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 business’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.84 EPS. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. Analysts forecast that Ingersoll Rand Inc. will post 3.32 EPS for the current fiscal year.

Ingersoll Rand Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Wednesday, March 4th will be paid a $0.02 dividend. The ex-dividend date is Wednesday, March 4th. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. Ingersoll Rand’s dividend payout ratio (DPR) is 5.52%.

Wall Street Analyst Weigh In

IR has been the topic of several recent analyst reports. Robert W. Baird set a $115.00 price objective on shares of Ingersoll Rand in a report on Tuesday, February 17th. Citigroup lifted their target price on shares of Ingersoll Rand from $94.00 to $98.00 and gave the stock a “buy” rating in a research note on Monday, January 12th. Stifel Nicolaus boosted their target price on shares of Ingersoll Rand from $87.00 to $101.00 and gave the stock a “hold” rating in a research report on Tuesday, February 17th. Zacks Research raised shares of Ingersoll Rand from a “strong sell” rating to a “hold” rating in a report on Friday, December 12th. Finally, Barclays lifted their price objective 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. Four equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $101.86.

Institutional Trading of Ingersoll Rand

Hedge funds and other institutional investors have recently made changes to their positions in the business. Capital International Investors raised its holdings in shares of Ingersoll Rand by 18.5% during the third quarter. Capital International Investors now owns 50,002,133 shares of the industrial products company’s stock worth $4,131,157,000 after purchasing an additional 7,816,194 shares during the last quarter. Norges Bank purchased a new stake in Ingersoll Rand in the fourth quarter valued at $407,915,000. Capital World Investors boosted its holdings in Ingersoll Rand by 19.2% in the third quarter. Capital World Investors now owns 31,787,657 shares of the industrial products company’s stock valued at $2,626,296,000 after purchasing an additional 5,110,668 shares during the last quarter. T. Rowe Price Investment Management Inc. grew its position in Ingersoll Rand by 18.6% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 21,791,309 shares of the industrial products company’s stock worth $1,726,308,000 after purchasing an additional 3,423,501 shares during the period. Finally, Capital Research Global Investors raised its stake in shares of Ingersoll Rand by 14.3% during the 3rd quarter. Capital Research Global Investors now owns 19,254,676 shares of the industrial products company’s stock valued at $1,590,818,000 after buying an additional 2,406,183 shares during the last quarter. Institutional investors and hedge funds own 95.27% of the company’s stock.

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.