Zacks Research Lowers Earnings Estimates for Ingersoll Rand

Ingersoll Rand Inc. (NYSE:IR) – Investment analysts at Zacks Research decreased their Q1 2026 EPS estimates for Ingersoll Rand in a report issued on Wednesday, April 30th. Zacks Research analyst A. Bhattacharjee now expects that the industrial products company will earn $0.74 per share for the quarter, down from their prior forecast of $0.76. The consensus estimate for Ingersoll Rand’s current full-year earnings is $3.32 per share. Zacks Research also issued estimates for Ingersoll Rand’s Q2 2026 earnings at $0.84 EPS and Q1 2027 earnings at $0.81 EPS.

IR has been the topic of a number of other research reports. Robert W. Baird upped their price target on Ingersoll Rand from $105.00 to $111.00 and gave the company an “outperform” rating in a research report on Tuesday, February 18th. Evercore ISI reduced their target price on Ingersoll Rand from $100.00 to $91.00 and set an “in-line” rating on the stock in a report on Wednesday, February 19th. Barclays lowered their price target on shares of Ingersoll Rand from $93.00 to $85.00 and set an “overweight” rating for the company in a report on Thursday, April 10th. Citigroup reduced their price objective on shares of Ingersoll Rand from $109.00 to $88.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. Finally, Wells Fargo & Company decreased their price objective on shares of Ingersoll Rand from $115.00 to $105.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. Six equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $100.36.

Ingersoll Rand Trading Up 1.1 %

NYSE IR opened at $76.24 on Thursday. Ingersoll Rand has a twelve month low of $65.61 and a twelve month high of $106.03. The business’s fifty day moving average is $77.70 and its 200 day moving average is $89.52. The company has a quick ratio of 1.71, a current ratio of 2.29 and a debt-to-equity ratio of 0.46. The company has a market cap of $30.73 billion, a price-to-earnings ratio of 37.01, a price-to-earnings-growth ratio of 3.50 and a beta of 1.40.

Ingersoll Rand (NYSE:IR) last announced its quarterly earnings data on Thursday, May 1st. The industrial products company reported $0.72 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.02). The firm had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.73 billion. Ingersoll Rand had a net margin of 11.59% and a return on equity of 12.78%. The firm’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.78 earnings per share.

Institutional Trading of Ingersoll Rand

Institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in Ingersoll Rand by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 45,684,016 shares of the industrial products company’s stock worth $4,132,576,000 after acquiring an additional 446,591 shares during the period. Capital International Investors increased its holdings in shares of Ingersoll Rand by 4.6% in the fourth quarter. Capital International Investors now owns 36,673,865 shares of the industrial products company’s stock worth $3,317,537,000 after purchasing an additional 1,606,363 shares during the period. Capital World Investors raised its position in shares of Ingersoll Rand by 1.0% in the fourth quarter. Capital World Investors now owns 20,088,857 shares of the industrial products company’s stock worth $1,817,238,000 after buying an additional 197,711 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Ingersoll Rand by 3.6% during the fourth quarter. JPMorgan Chase & Co. now owns 18,878,280 shares of the industrial products company’s stock valued at $1,707,729,000 after buying an additional 649,102 shares during the period. Finally, FMR LLC grew its position in Ingersoll Rand by 8.2% during the fourth quarter. FMR LLC now owns 17,472,317 shares of the industrial products company’s stock worth $1,580,546,000 after buying an additional 1,320,223 shares in the last quarter. Hedge funds and other institutional investors own 95.27% of the company’s stock.

Ingersoll Rand announced that its Board of Directors has initiated a share buyback plan on Thursday, May 1st that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the industrial products company to reacquire up to 3.3% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its stock is undervalued.

Ingersoll Rand Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, May 15th will be issued a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.10%. The ex-dividend date of this dividend is Thursday, May 15th. Ingersoll Rand’s payout ratio is currently 3.88%.

Ingersoll Rand Company Profile

Ingersoll Rand Inc provides various mission-critical air, gas, liquid, and solid flow creation technologies services and solutions worldwide. It operates through two segments, Industrial Technologies and Services, and Precision and Science Technologies. The Industrial Technologies and Services segment designs, manufactures, markets, and services air and gas compression, vacuum, and blower products; fluid transfer equipment and loading systems; and power tools and lifting equipment, including associated aftermarket parts, consumables, air treatment equipment, controls, other accessories, and services under the under the Ingersoll Rand, Gardner Denver, Nash, CompAir, Elmo Rietschle brands, etc.