Capital Group Investment Management PTE. LTD. Acquires 14,588 Shares of Ingersoll Rand Inc. $IR

Key Points

• Capital Group Investment Management PTE. LTD. raised its stake in Ingersoll Rand by 46% in Q3, buying 14,588 shares to hold 46,285 shares worth about $3.82 million.
• Ingersoll Rand beat quarterly expectations with EPS of $0.96 vs. $0.90 and revenue of $2.09 billion (up 10.1% YoY), and issued FY2026 EPS guidance of 3.450–3.570 (analysts expect 3.32).
• Company insiders have been net sellers recently—selling 584,771 shares worth roughly $54.98 million over the last 90 days—while institutional investors own about 95.27% of the stock.

Capital Group Investment Management PTE. LTD. raised its stake in shares of Ingersoll Rand Inc. (NYSE:IR - Free Report) by 46.0% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 46,285 shares of the industrial products company's stock after purchasing an additional 14,588 shares during the period. Capital Group Investment Management PTE. LTD.'s holdings in Ingersoll Rand were worth $3,824,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Heartwood Wealth Advisors LLC purchased a new position in shares of Ingersoll Rand during the third quarter valued at approximately $36,000. Grey Fox Wealth Advisors LLC bought a new stake in Ingersoll Rand during the third quarter worth $36,000. Westside Investment Management Inc. raised its position in Ingersoll Rand by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 464 shares of the industrial products company's stock valued at $39,000 after buying an additional 232 shares during the last quarter. ANTIPODES PARTNERS Ltd lifted its stake in Ingersoll Rand by 55.3% during the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 486 shares of the industrial products company's stock valued at $40,000 after acquiring an additional 173 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its stake in Ingersoll Rand by 106.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 584 shares of the industrial products company's stock valued at $48,000 after acquiring an additional 301 shares in the last quarter. 95.27% of the stock is owned by institutional investors.

Ingersoll Rand Trading Up 0.3%

NYSE IR opened at $86.68 on Tuesday. The business's fifty day moving average is $89.96 and its 200-day moving average is $83.10. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.06 and a quick ratio of 1.49. The stock has a market capitalization of $33.95 billion, a price-to-earnings ratio of 59.78, a PEG ratio of 5.34 and a beta of 1.29. Ingersoll Rand Inc. has a one year low of $65.61 and a one year high of $100.96.

Ingersoll Rand (NYSE:IR - Get Free Report) last posted its quarterly earnings results on Thursday, February 12th. The industrial products company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.06. Ingersoll Rand had a net margin of 7.60% and a return on equity of 12.62%. The company had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2.04 billion. During the same quarter in the prior year, the business earned $0.84 earnings per share. The firm's revenue for the quarter was up 10.1% on a year-over-year basis. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. Equities research analysts predict that Ingersoll Rand Inc. will post 3.32 EPS for the current year.

Ingersoll Rand Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Wednesday, March 4th will be given a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Wednesday, March 4th. Ingersoll Rand's dividend payout ratio is currently 5.52%.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Zacks Research upgraded shares of Ingersoll Rand from a "strong sell" rating to a "hold" rating in a research note on Friday, December 12th. Weiss Ratings reissued a "hold (c)" rating on shares of Ingersoll Rand in a research report on Monday, December 29th. Barclays upped their price objective on shares of Ingersoll Rand from $91.00 to $111.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 17th. Robert W. Baird set a $115.00 price objective on shares of Ingersoll Rand in a research note on Tuesday, February 17th. Finally, Stifel Nicolaus lifted their target price on shares of Ingersoll Rand from $87.00 to $101.00 and gave the stock a "hold" rating in a research report on Tuesday, February 17th. Four analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $101.86.

Insider Activity at Ingersoll Rand

In related news, Director John Humphrey sold 4,300 shares of the company's stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $95.90, for a total value of $412,370.00. Following the transaction, the director owned 23,983 shares in the company, valued at approximately $2,299,969.70. This represents a 15.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Elizabeth Meloy Hepding sold 18,246 shares of the firm's 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 completion of the sale, the insider directly owned 16,200 shares of the company's stock, valued at $1,573,182. This represents a 52.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 584,771 shares of company stock worth $54,976,547 over the last 90 days. Corporate insiders own 0.68% 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.

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