FY2025 EPS Estimates for Ingersoll Rand Increased by Analyst

Key Points

• Analysts at Zacks Research raised their FY2025 earnings estimate for Ingersoll Rand to $3.23 per share, slightly below the consensus estimate of $3.32 per share.
• Several research firms, including Wells Fargo and Citigroup, have increased their price targets on Ingersoll Rand stock, indicating growing confidence in the company's performance.
• Ingersoll Rand recently declared a quarterly dividend of $0.02, reflecting a low payout ratio of 6.25%, while also initiating a share repurchase plan worth $1 billion.

Ingersoll Rand Inc. (NYSE:IR - Free Report) - Investment analysts at Zacks Research lifted their FY2025 EPS estimates for shares of Ingersoll Rand in a report issued on Thursday, August 14th. Zacks Research analyst A. Bhattacharjee now anticipates that the industrial products company will post earnings of $3.23 per share for the year, up from their previous estimate of $3.20. 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 Q4 2025 earnings at $0.93 EPS, Q1 2026 earnings at $0.75 EPS, Q3 2026 earnings at $0.92 EPS and Q2 2027 earnings at $0.89 EPS.

Several other equities research analysts have also recently commented on IR. Wells Fargo & Company boosted their price target on shares of Ingersoll Rand from $86.00 to $95.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 1st. Melius Research set a $93.00 price target on shares of Ingersoll Rand in a research report on Monday, July 14th. Robert W. Baird boosted their price target on shares of Ingersoll Rand from $97.00 to $103.00 and gave the stock an "outperform" rating in a research report on Monday, August 4th. Melius cut shares of Ingersoll Rand from a "buy" rating to a "hold" rating and set a $93.00 price target on the stock. in a research report on Monday, July 14th. Finally, Barclays lowered their price objective on shares of Ingersoll Rand from $92.00 to $91.00 and set an "overweight" rating on the stock in a research note on Monday, August 4th. Six investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, Ingersoll Rand has an average rating of "Hold" and an average target price of $97.75.

Ingersoll Rand Stock Down 0.7%

NYSE:IR traded down $0.5540 on Monday, hitting $79.2860. 2,964,853 shares of the company's stock were exchanged, compared to its average volume of 2,955,516. The firm has a 50-day moving average price of $83.21 and a 200-day moving average price of $81.62. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.29 and a quick ratio of 1.63. Ingersoll Rand has a 52 week low of $65.61 and a 52 week high of $106.03. The company has a market cap of $31.51 billion, a P/E ratio of 61.94, a price-to-earnings-growth ratio of 4.45 and a beta of 1.41.

Ingersoll Rand (NYSE:IR - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The industrial products company reported $0.80 EPS for the quarter, hitting the consensus estimate of $0.80. Ingersoll Rand had a net margin of 7.10% and a return on equity of 12.12%. The firm had revenue of $1.89 billion for the quarter, compared to analysts' expectations of $1.85 billion. During the same period in the previous year, the firm posted $0.83 EPS. The company's revenue for the quarter was up 4.6% on a year-over-year basis. Ingersoll Rand has set its FY 2025 guidance at 3.340-3.460 EPS.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of IR. Norges Bank acquired a new position in Ingersoll Rand in the 2nd quarter valued at about $397,501,000. T. Rowe Price Investment Management Inc. grew its stake in Ingersoll Rand by 28.8% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 17,826,488 shares of the industrial products company's stock valued at $1,426,654,000 after buying an additional 3,989,643 shares during the last quarter. Nuveen LLC acquired a new position in Ingersoll Rand in the 1st quarter valued at about $211,408,000. Price T Rowe Associates Inc. MD grew its position in shares of Ingersoll Rand by 10.7% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 19,198,593 shares of the industrial products company's stock worth $1,536,464,000 after purchasing an additional 1,849,030 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its position in shares of Ingersoll Rand by 8,153.0% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,614,212 shares of the industrial products company's stock worth $137,692,000 after purchasing an additional 1,594,653 shares in the last quarter. Institutional investors and hedge funds own 95.27% of the company's stock.

Ingersoll Rand declared that its Board of Directors has initiated a share buyback program on Thursday, May 1st that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the industrial products company to buy up to 3.3% of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its stock is undervalued.

Ingersoll Rand Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 14th will be paid a $0.02 dividend. The ex-dividend date is Thursday, August 14th. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. Ingersoll Rand's dividend payout ratio is 6.25%.

About Ingersoll Rand

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.