Ingersoll Rand Inc. $IR Stock Position Lifted by Strs Ohio

Strs Ohio grew its position in shares of Ingersoll Rand Inc. (NYSE:IR) by 11.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 237,624 shares of the industrial products company’s stock after buying an additional 23,974 shares during the period. Strs Ohio’s holdings in Ingersoll Rand were worth $18,825,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of IR. Torren Management LLC bought a new stake in shares of Ingersoll Rand in the 4th quarter worth approximately $32,000. Salomon & Ludwin LLC lifted its holdings in shares of Ingersoll Rand by 166.9% in the 4th quarter. Salomon & Ludwin LLC now owns 427 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 267 shares during the last quarter. Grey Fox Wealth Advisors LLC bought a new stake in shares of Ingersoll Rand in the 3rd quarter worth approximately $36,000. Westside Investment Management Inc. lifted its holdings in shares of Ingersoll Rand by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 464 shares of the industrial products company’s stock worth $39,000 after purchasing an additional 232 shares during the last quarter. Finally, ANTIPODES PARTNERS Ltd lifted its holdings in shares of Ingersoll Rand by 55.3% in the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 486 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 173 shares during the last quarter. Institutional investors own 95.27% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on IR shares. Barclays cut their price target on Ingersoll Rand from $100.00 to $95.00 and set an “overweight” rating on the stock in a report on Thursday. Wall Street Zen cut Ingersoll Rand from a “buy” rating to a “hold” rating in a research report on Saturday, April 11th. Stifel Nicolaus lowered their target price on Ingersoll Rand from $101.00 to $90.00 and set a “hold” rating on the stock in a research report on Tuesday, April 14th. Wells Fargo & Company lowered 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. Finally, Robert W. Baird set a $103.00 target price on Ingersoll Rand in a research report on Thursday. Four analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Ingersoll Rand has a consensus rating of “Hold” and an average price target of $94.71.

Ingersoll Rand Stock Down 0.1%

Shares of IR stock opened at $77.89 on Monday. Ingersoll Rand Inc. has a 1 year low of $72.45 and a 1 year high of $100.96. The stock has a market cap of $30.48 billion, a PE ratio of 52.63, a price-to-earnings-growth ratio of 4.93 and a beta of 1.25. The business’s fifty day moving average is $84.96 and its 200-day moving average is $83.72. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.59 and a current ratio of 2.23.

Ingersoll Rand (NYSE:IR) last issued its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.03. The company had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.83 billion. Ingersoll Rand had a return on equity of 12.79% and a net margin of 7.54%.The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same period last year, the firm earned $0.72 EPS. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. Equities analysts expect that Ingersoll Rand Inc. will post 3.38 earnings per share for the current fiscal year.

Ingersoll Rand Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 14th will be issued a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Thursday, May 14th. Ingersoll Rand’s payout ratio is presently 5.41%.

Insiders Place Their Bets

In related news, insider Elizabeth Meloy Hepding sold 18,246 shares of Ingersoll Rand stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $97.11, for a total value of $1,771,869.06. Following the transaction, the insider directly owned 16,200 shares in the company, valued at $1,573,182. The trade was a 52.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Vikram Kini sold 28,367 shares of Ingersoll Rand stock in a transaction on 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 completion of the transaction, the chief financial officer owned 98,517 shares in the company, valued at $9,506,890.50. The trade was a 22.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 424,263 shares of company stock worth $40,828,923. Corporate insiders own 0.49% 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.