Zacks Research Boosts Earnings Estimates for Ingersoll Rand

Key Points

• Zacks Research raised its Ingersoll Rand EPS forecast for Q2 2027 to $0.88 from $0.86, while projecting fiscal 2027 and fiscal 2028 EPS of $3.68 and $4.06, respectively.
• Analyst sentiment remains positive, with five Buy ratings and three Hold ratings giving the stock a consensus rating of “Moderate Buy” and an average price target of $96.14.
• Ingersoll Rand’s latest quarter exceeded expectations, reporting $0.86 EPS versus $0.83 expected and $2.05 billion in revenue, up 8.5% year over year; the company also paid a quarterly dividend of $0.02 per share.

Ingersoll Rand Inc. (NYSE:IR - Free Report) - Zacks Research increased their Q2 2027 EPS estimates for shares of Ingersoll Rand in a report released on Tuesday, October 6th. 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 $0.86. The consensus estimate for Ingersoll Rand's current full-year earnings is $3.39 per share. Zacks Research also issued estimates for Ingersoll Rand's FY2027 earnings at $3.68 EPS, Q1 2028 earnings at $0.87 EPS, Q3 2028 earnings at $1.07 EPS and FY2028 earnings at $4.06 EPS.

IR has been the subject of several other research reports. Robert W. Baird boosted their price target on shares of Ingersoll Rand from $103.00 to $109.00 and gave the stock an "outperform" rating in a report on Monday, August 3rd. Morgan Stanley set a $87.00 price target on Ingersoll Rand in a report on Monday, August 10th. Stifel Nicolaus raised Ingersoll Rand from a "hold" rating to a "buy" rating and set a $101.00 target price on the stock in a research report on Monday, August 3rd. Weiss Ratings raised Ingersoll Rand from a "hold (c-)" rating to a "hold (c)" rating in a report on Tuesday, July 21st. Finally, Wall Street Zen lowered shares of Ingersoll Rand from a "buy" rating to a "hold" rating in a research note on Sunday, August 2nd. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat.com, Ingersoll Rand presently has a consensus rating of "Moderate Buy" and an average target price of $96.14.

Ingersoll Rand Price Performance

IR stock opened at $77.37 on Thursday. The business's 50-day moving average is $78.64 and its two-hundred day moving average is $78.59. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.62 and a quick ratio of 1.15. The firm has a market capitalization of $30.02 billion, a P/E ratio of 31.84, a P/E/G ratio of 3.30 and a beta of 1.15. Ingersoll Rand has a 1 year low of $68.07 and a 1 year high of $100.96.

Ingersoll Rand (NYSE:IR - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $0.86 earnings per share for the quarter, topping analysts' consensus estimates of $0.83 by $0.03. The business had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.96 billion. Ingersoll Rand had a return on equity of 12.90% and a net margin of 12.08%.The company's revenue was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.80 earnings per share. Ingersoll Rand has set its FY 2026 guidance at 3.570-3.570 EPS.

Ingersoll Rand Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Thursday, August 13th were issued a $0.02 dividend. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Thursday, August 13th. Ingersoll Rand's dividend payout ratio is presently 3.29%.

Insider Activity

In other Ingersoll Rand news, Director Aurobind Satpathy bought 11,538 shares of the stock in a transaction dated Monday, August 3rd. The shares were acquired at an average cost of $86.68 per share, for a total transaction of $1,000,113.84. Following the completion of the transaction, the director owned 11,538 shares in the company, valued at approximately $1,000,113.84. The trade was a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.49% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Bell Investment Advisors Inc purchased a new position in shares of Ingersoll Rand during the second quarter worth about $26,000. Continuum Advisory LLC acquired a new stake in Ingersoll Rand during the 2nd quarter worth approximately $27,000. Hilton Head Capital Partners LLC purchased a new position in shares of Ingersoll Rand in the 4th quarter valued at approximately $29,000. Reflection Asset Management acquired a new position in shares of Ingersoll Rand in the fourth quarter valued at approximately $31,000. Finally, Axiom Investment Management LLC purchased a new stake in shares of Ingersoll Rand during the first quarter worth approximately $37,000. 95.27% of the stock is owned by hedge funds and other institutional investors.

About Ingersoll Rand

Ingersoll Rand Inc NYSE: IR is a global provider of mission-critical industrial technologies and solutions. The company serves businesses across manufacturing, energy, life sciences, food and beverage, transportation, and other industrial markets.

Its products and services include air compressors, vacuum and blower systems, fluid management equipment, industrial pumps, and related aftermarket parts and services. Ingersoll Rand also offers technologies used for material handling, power tools, and other specialized industrial applications through a portfolio of established brands, including Ingersoll Rand, Gardner Denver, CompAir, and Club Car.

The modern Ingersoll Rand was formed in 2020 through the combination of Gardner Denver and the industrial segment of the former Ingersoll-Rand plc.

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