FY2027 EPS Estimates for Ingersoll Rand Boosted by Analyst

Ingersoll Rand Inc. (NYSE:IR) – Analysts at Zacks Research upped their FY2027 earnings estimates for shares of Ingersoll Rand in a research note issued on Monday, July 20th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $3.64 per share for the year, up from their previous forecast of $3.63. The consensus estimate for Ingersoll Rand’s current full-year earnings is $3.37 per share. Zacks Research also issued estimates for Ingersoll Rand’s Q4 2027 earnings at $1.06 EPS.

Ingersoll Rand (NYSE:IR) last posted its earnings results on Tuesday, April 28th. The industrial products company reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.74 by $0.03. The company had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.83 billion. Ingersoll Rand had a net margin of 7.54% and a return on equity of 12.79%. Ingersoll Rand’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.72 earnings per share. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS.

A number of other analysts have also recently weighed in on IR. Robert W. Baird set a $103.00 price objective on Ingersoll Rand in a research report on Thursday, April 30th. Wells Fargo & Company reduced their target price on Ingersoll Rand from $90.00 to $88.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Evercore set a $84.00 price target on Ingersoll Rand in a research note on Monday, May 11th. Barclays lowered their price target on Ingersoll Rand from $100.00 to $95.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Finally, Citigroup cut their price objective on shares of Ingersoll Rand from $113.00 to $109.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $91.86.

Ingersoll Rand Price Performance

NYSE IR opened at $80.94 on Tuesday. The firm’s fifty day simple moving average is $75.78 and its two-hundred day simple moving average is $82.56. The firm has a market capitalization of $31.67 billion, a P/E ratio of 54.69, a P/E/G ratio of 5.07 and a beta of 1.17. The company has a current ratio of 2.23, a quick ratio of 1.59 and a debt-to-equity ratio of 0.47. Ingersoll Rand has a 12-month low of $68.07 and a 12-month high of $100.96.

Ingersoll Rand Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Thursday, May 14th were given a $0.02 dividend. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Thursday, May 14th. Ingersoll Rand’s dividend payout ratio is presently 5.41%.

Institutional Trading of Ingersoll Rand

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IR. Norges Bank acquired a new position in shares of Ingersoll Rand in the fourth quarter valued at about $407,915,000. T. Rowe Price Investment Management Inc. raised its stake in shares of Ingersoll Rand by 18.6% in the fourth 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 last quarter. Capital International Investors lifted its holdings in shares of Ingersoll Rand by 4.7% during the fourth quarter. Capital International Investors now owns 52,353,914 shares of the industrial products company’s stock worth $4,147,878,000 after purchasing an additional 2,351,781 shares during the period. Lazard Asset Management LLC acquired a new stake in shares of Ingersoll Rand during the fourth quarter worth about $149,297,000. Finally, Swedbank AB boosted its position in Ingersoll Rand by 72.4% in the fourth quarter. Swedbank AB now owns 3,878,349 shares of the industrial products company’s stock valued at $307,243,000 after buying an additional 1,628,996 shares during the last quarter. Institutional investors and hedge funds own 95.27% of the company’s stock.

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.