Amundi Boosts Holdings in Ingersoll Rand Inc. $IR

Key Points

• Amundi increased its Ingersoll Rand stake by 19.3% in the second quarter, acquiring 531,095 additional shares and bringing its holdings to 3.28 million shares valued at approximately $269.2 million. Institutional investors collectively own 95.27% of the company.
• Ingersoll Rand reported quarterly EPS of $0.86, exceeding estimates of $0.83, while revenue rose 8.5% year over year to $2.05 billion. The company provided fiscal 2026 EPS guidance of $3.57.
• Analysts maintain a generally positive view, with a “Moderate Buy” consensus and an average price target of $96.14 versus the stock’s reported price of $76.34; the company also pays a quarterly dividend of $0.02 per share.

Amundi boosted its stake in shares of Ingersoll Rand Inc. (NYSE:IR - Free Report) by 19.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,282,920 shares of the industrial products company's stock after acquiring an additional 531,095 shares during the quarter. Amundi owned 0.85% of Ingersoll Rand worth $269,175,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in IR. Capital International Investors boosted its stake in shares of Ingersoll Rand by 4.7% during the 4th quarter. Capital International Investors now owns 52,353,914 shares of the industrial products company's stock worth $4,147,878,000 after acquiring an additional 2,351,781 shares in the last quarter. California State Teachers Retirement System boosted its holdings in Ingersoll Rand by 6,908.7% in the 2nd quarter. California State Teachers Retirement System now owns 44,276,076 shares of the industrial products company's stock worth $3,630,195,000 after buying an additional 43,644,342 shares during the last quarter. BlackRock Inc. purchased a new stake in Ingersoll Rand during the 2nd quarter worth approximately $2,484,319,000. T. Rowe Price Investment Management Inc. raised its holdings in shares of Ingersoll Rand by 18.6% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 21,791,309 shares of the industrial products company's stock valued at $1,726,308,000 after acquiring an additional 3,423,501 shares during the last quarter. Finally, Capital Research Global Investors raised its holdings in shares of Ingersoll Rand by 1.2% during the fourth quarter. Capital Research Global Investors now owns 19,476,801 shares of the industrial products company's stock valued at $1,543,017,000 after acquiring an additional 222,125 shares during the last quarter. 95.27% of the stock is owned by hedge funds and other institutional investors.

Ingersoll Rand Stock Down 0.0%

Shares of IR opened at $76.34 on Tuesday. Ingersoll Rand Inc. has a 12-month low of $68.07 and a 12-month high of $100.96. The company has a current ratio of 1.62, a quick ratio of 1.15 and a debt-to-equity ratio of 0.40. The company's 50-day moving average price is $81.57 and its 200 day moving average price is $80.87. The firm has a market cap of $29.62 billion, a P/E ratio of 31.42, a price-to-earnings-growth ratio of 4.80 and a beta of 1.15.

Ingersoll Rand (NYSE:IR - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The industrial products company reported $0.86 EPS for the quarter, topping analysts' consensus estimates of $0.83 by $0.03. Ingersoll Rand had a return on equity of 12.90% and a net margin of 12.08%.The company had revenue of $2.05 billion for the quarter, compared to analysts' expectations of $1.96 billion. During the same period in the prior year, the firm earned $0.80 earnings per share. The firm's revenue was up 8.5% compared to the same quarter last year. Ingersoll Rand has set its FY 2026 guidance at 3.570-3.570 EPS. On average, sell-side analysts forecast that Ingersoll Rand Inc. will post 3.39 earnings per share for the current year.

Ingersoll Rand Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Thursday, August 13th were paid a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a 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 Transactions at Ingersoll Rand

In other Ingersoll Rand news, Director Aurobind Satpathy purchased 11,538 shares of the firm's stock in a transaction on Monday, August 3rd. The stock was bought at an average price of $86.68 per share, with a total value of $1,000,113.84. Following the transaction, the director directly owned 11,538 shares of the company's stock, valued at approximately $1,000,113.84. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.49% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

IR has been the topic of several recent research reports. Evercore set a $84.00 target price on shares of Ingersoll Rand in a research note on Monday, May 11th. Morgan Stanley set a $87.00 price objective on shares of Ingersoll Rand in a research note on Monday, August 10th. Wall Street Zen cut Ingersoll Rand from a "buy" rating to a "hold" rating in a report on Sunday, August 2nd. Stifel Nicolaus upgraded Ingersoll Rand from a "hold" rating to a "buy" rating and set a $101.00 price target for the company in a research report on Monday, August 3rd. Finally, Robert W. Baird increased their price target on Ingersoll Rand from $103.00 to $109.00 and gave the company an "outperform" rating in a report on Monday, August 3rd. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $96.14.

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.

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