Ingersoll Rand Q2 EPS Estimate Increased by Zacks Research

Ingersoll Rand Inc. (NYSE:IR) – Zacks Research boosted their Q2 2027 earnings estimates for shares of Ingersoll Rand in a research report issued to clients and investors on Monday, July 20th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings per share of $0.88 for the quarter, up from their previous forecast of $0.87. The consensus estimate for Ingersoll Rand’s current full-year earnings is $3.37 per share.

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

Several other research analysts also recently commented on the company. Stifel Nicolaus decreased their price objective on Ingersoll Rand from $85.00 to $84.00 and set a “hold” rating on the stock in a research note on Monday. Robert W. Baird set a $103.00 target price on shares of Ingersoll Rand in a report on Thursday, April 30th. Citigroup decreased their target price on shares of Ingersoll Rand from $113.00 to $109.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Wells Fargo & Company lowered their price target on shares of Ingersoll Rand from $90.00 to $88.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Finally, Barclays dropped their price target on shares of Ingersoll Rand from $100.00 to $95.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $91.86.

Ingersoll Rand Stock Performance

NYSE:IR opened at $83.72 on Wednesday. The stock has a 50-day simple moving average of $76.03 and a two-hundred day simple moving average of $82.60. Ingersoll Rand has a 52-week low of $68.07 and a 52-week high of $100.96. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.59 and a current ratio of 2.23. The firm has a market capitalization of $32.76 billion, a PE ratio of 56.57, a P/E/G ratio of 5.12 and a beta of 1.17.

Institutional Trading of Ingersoll Rand

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Tema ETFs LLC boosted its stake in Ingersoll Rand by 3.1% in the 2nd quarter. Tema ETFs LLC now owns 135,039 shares of the industrial products company’s stock worth $11,072,000 after purchasing an additional 4,064 shares during the period. Handelsbanken Fonder AB lifted its holdings in shares of Ingersoll Rand by 77.0% in the second quarter. Handelsbanken Fonder AB now owns 6,405 shares of the industrial products company’s stock worth $525,000 after buying an additional 2,786 shares in the last quarter. Allied Private Wealth LLC bought a new position in shares of Ingersoll Rand during the second quarter worth $76,000. Wealth Science Advisors LLC boosted its position in shares of Ingersoll Rand by 63.0% during the second quarter. Wealth Science Advisors LLC now owns 3,735 shares of the industrial products company’s stock worth $306,000 after acquiring an additional 1,444 shares during the last quarter. Finally, Czech National Bank grew its stake in Ingersoll Rand by 4.6% during the second quarter. Czech National Bank now owns 101,364 shares of the industrial products company’s stock valued at $8,311,000 after acquiring an additional 4,430 shares in the last quarter. Institutional investors own 95.27% of the company’s stock.

Ingersoll Rand News Roundup

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

• Positive Sentiment: Zacks Research raised its earnings forecasts for Ingersoll Rand (IR), including higher estimates for Q2 2027, Q4 2027, and full-year FY2027 EPS. Higher profit expectations can support the stock by signaling stronger future operating performance and valuation upside.
• Positive Sentiment: Another Zacks note highlighted Ingersoll Rand’s strong earnings surprise history and suggested the company has the ingredients to beat estimates again in its next report, which may bolster investor confidence ahead of results. Will Ingersoll (IR) Beat Estimates Again in Its Next Earnings Report?
• Neutral Sentiment: MarketWatch notes that Ingersoll Rand has been underperforming some competitors on a relative basis in recent sessions, even though the shares have been moving higher overall. Ingersoll Rand Inc. stock underperforms Wednesday when compared to competitors despite daily gains
• Neutral Sentiment: A similar MarketWatch report said the stock underperformed peers on Monday, suggesting recent gains have not yet translated into clear outperformance versus the broader industrial group. Ingersoll Rand Inc. stock underperforms Monday when compared to competitors

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.