Zacks Research Forecasts Lower Earnings for Ingersoll Rand

Ingersoll Rand Inc. (NYSE:IR) – Stock analysts at Zacks Research cut their Q2 2026 earnings estimates for shares of Ingersoll Rand in a research note issued to investors on Thursday, February 5th. Zacks Research analyst Team now expects that the industrial products company will post earnings per share of $0.82 for the quarter, down from their prior estimate of $0.83. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Ingersoll Rand’s current full-year earnings is $3.32 per share.

A number of other research firms have also weighed in on IR. Stifel Nicolaus raised their target price on shares of Ingersoll Rand from $81.00 to $87.00 and gave the stock a “hold” rating in a research note on Friday, January 23rd. Citigroup increased their price target on Ingersoll Rand from $94.00 to $98.00 and gave the company a “buy” rating in a report on Monday, January 12th. Weiss Ratings reissued a “hold (c)” rating on shares of Ingersoll Rand in a research note on Monday, December 29th. Wells Fargo & Company upped their target price on Ingersoll Rand from $87.00 to $92.00 and gave the company an “overweight” rating in a report on Wednesday, January 7th. Finally, Robert W. Baird reduced their price target on Ingersoll Rand from $103.00 to $100.00 and set an “outperform” rating on the stock in a report on Monday, November 3rd. Four equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Ingersoll Rand has a consensus rating of “Hold” and an average target price of $92.13.

Ingersoll Rand Stock Performance

Shares of IR stock opened at $98.52 on Monday. The firm has a market cap of $38.93 billion, a price-to-earnings ratio of 72.98, a PEG ratio of 6.12 and a beta of 1.32. Ingersoll Rand has a 52-week low of $65.61 and a 52-week high of $99.44. The company’s 50 day moving average is $84.04 and its 200 day moving average is $81.04. The company has a quick ratio of 1.51, a current ratio of 2.16 and a debt-to-equity ratio of 0.47.

Insider Activity

In other Ingersoll Rand news, CAO Michael J. Scheske sold 1,477 shares of Ingersoll Rand stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $80.63, for a total transaction of $119,090.51. Following the completion of the sale, the chief accounting officer directly owned 12,153 shares in the company, valued at $979,896.39. This trade represents a 10.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Vicente Reynal sold 90,281 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $97.92, for a total transaction of $8,840,315.52. Following the completion of the transaction, the insider owned 193,186 shares in the company, valued at approximately $18,916,773.12. This represents a 31.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 292,477 shares of company stock worth $26,703,912. 0.68% of the stock is owned by insiders.

Institutional Trading of Ingersoll Rand

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Capital International Investors boosted its position in Ingersoll Rand by 18.5% in the 3rd quarter. Capital International Investors now owns 50,002,133 shares of the industrial products company’s stock valued at $4,131,157,000 after buying an additional 7,816,194 shares during the period. Vanguard Group Inc. grew its stake in Ingersoll Rand by 1.9% during the 2nd quarter. Vanguard Group Inc. now owns 47,128,533 shares of the industrial products company’s stock worth $3,920,151,000 after purchasing an additional 859,062 shares in the last quarter. Capital World Investors increased its holdings in 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 purchasing an additional 5,110,668 shares during the period. Capital Research Global Investors raised its position in Ingersoll Rand by 14.3% in 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 purchasing an additional 2,406,183 shares in the last quarter. Finally, State Street Corp boosted its stake in shares of Ingersoll Rand by 1.5% in the 2nd quarter. State Street Corp now owns 16,514,718 shares of the industrial products company’s stock valued at $1,373,694,000 after buying an additional 239,779 shares during the period. Hedge funds and other institutional investors 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.