Q2 EPS Estimates for Ingersoll Rand Cut by Zacks Research

Ingersoll Rand Inc. (NYSE:IRFree Report) – Zacks Research reduced their Q2 2026 earnings estimates for Ingersoll Rand in a research report issued to clients and investors on Tuesday, April 21st. Zacks Research analyst Team now expects that the industrial products company will earn $0.82 per share for the quarter, down from their previous forecast of $0.83. The consensus estimate for Ingersoll Rand’s current full-year earnings is $3.40 per share. Zacks Research also issued estimates for Ingersoll Rand’s Q3 2026 earnings at $0.88 EPS, FY2026 earnings at $3.38 EPS, Q2 2027 earnings at $0.90 EPS, Q3 2027 earnings at $0.96 EPS, Q4 2027 earnings at $1.06 EPS, FY2027 earnings at $3.69 EPS, Q1 2028 earnings at $0.88 EPS and FY2028 earnings at $4.13 EPS.

Ingersoll Rand (NYSE:IRGet Free Report) last issued its earnings results on Thursday, February 12th. The industrial products company reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.90 by $0.06. The company had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.04 billion. Ingersoll Rand had a return on equity of 12.62% and a net margin of 7.60%.Ingersoll Rand’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.84 earnings per share. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS.

A number of other equities research analysts have also recently issued reports on IR. Wall Street Zen cut Ingersoll Rand from a “buy” rating to a “hold” rating in a research note on Saturday, April 11th. Citigroup cut their price objective on shares of Ingersoll Rand from $117.00 to $113.00 and set a “buy” rating on the stock in a research report on Monday, April 13th. Stifel Nicolaus decreased their target price on shares of Ingersoll Rand from $101.00 to $90.00 and set a “hold” rating for the company in a research report on Tuesday, April 14th. Wells Fargo & Company dropped their price target on shares of Ingersoll Rand from $110.00 to $90.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 1st. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Ingersoll Rand in a research report on Friday, March 27th. Four research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $98.00.

Get Our Latest Analysis on Ingersoll Rand

Ingersoll Rand Trading Up 1.6%

Shares of NYSE IR opened at $85.00 on Thursday. Ingersoll Rand has a 12-month low of $72.45 and a 12-month high of $100.96. The company has a market cap of $33.29 billion, a price-to-earnings ratio of 58.62, a price-to-earnings-growth ratio of 5.25 and a beta of 1.33. The company has a current ratio of 2.06, a quick ratio of 1.49 and a debt-to-equity ratio of 0.47. The stock’s 50 day simple moving average is $86.61 and its 200 day simple moving average is $83.58.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Deseret Mutual Benefit Administrators raised its stake in Ingersoll Rand by 46.9% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 351 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 112 shares in the last quarter. Vontobel Holding Ltd. grew its stake in Ingersoll Rand by 2.1% in the 3rd quarter. Vontobel Holding Ltd. now owns 6,242 shares of the industrial products company’s stock worth $516,000 after buying an additional 130 shares in the last quarter. Whittier Trust Co. grew its stake in Ingersoll Rand by 8.5% in the 3rd quarter. Whittier Trust Co. now owns 1,668 shares of the industrial products company’s stock worth $140,000 after buying an additional 131 shares in the last quarter. Sumitomo Life Insurance Co. increased its holdings in shares of Ingersoll Rand by 0.7% in the 4th quarter. Sumitomo Life Insurance Co. now owns 21,284 shares of the industrial products company’s stock worth $1,686,000 after buying an additional 138 shares during the last quarter. Finally, Groupama Asset Managment raised its position in shares of Ingersoll Rand by 1.7% during the 4th quarter. Groupama Asset Managment now owns 8,146 shares of the industrial products company’s stock valued at $645,000 after buying an additional 140 shares in the last quarter. 95.27% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Ingersoll Rand news, CFO Vikram Kini sold 28,367 shares of the company’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $96.50, for a total value of $2,737,415.50. Following the transaction, the chief financial officer directly owned 98,517 shares in the company, valued at $9,506,890.50. This represents a 22.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Kathleen M. Keene sold 12,000 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $99.46, for a total value of $1,193,520.00. Following the completion of the sale, the insider directly owned 3,528 shares in the company, valued at approximately $350,894.88. The trade was a 77.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 424,263 shares of company stock valued at $40,828,923 in the last ninety days. 0.59% of the stock is owned by insiders.

Ingersoll Rand Announces Dividend

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

More Ingersoll Rand News

Here are the key news stories impacting Ingersoll Rand this week:

  • Negative Sentiment: Zacks cut a string of quarterly and annual EPS forecasts for Ingersoll Rand, trimming FY2026 to $3.38 from $3.41, FY2027 to $3.69 from $3.78 and FY2028 to $4.13 from $4.28; several quarter‑by‑quarter estimates were nudged lower (examples: Q1 2026 to $0.72, Q2 2026 to $0.82, Q3 2026 to $0.88, Q1 2027 to $0.77, Q2 2027 to $0.90, Q3 2027 to $0.96, Q4 2027 to $1.06). The cuts are small in absolute terms but signal that Zacks expects slightly slower near‑term earnings momentum. Zacks trims estimates for Ingersoll Rand (MarketBeat)

About Ingersoll Rand

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Ingersoll Rand (NYSE:IR)

Receive News & Ratings for Ingersoll Rand Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ingersoll Rand and related companies with MarketBeat.com's FREE daily email newsletter.