Capital Research Global Investors Acquires 222,125 Shares of Ingersoll Rand Inc. $IR

Key Points

• Capital Research Global Investors increased its stake in Ingersoll Rand by 1.2% in the fourth quarter, buying 222,125 shares and bringing its total holdings to 19.48 million shares worth about $1.54 billion.
• Ingersoll Rand reported better-than-expected quarterly results, with EPS of $0.77 versus $0.74 expected and revenue of $1.85 billion versus $1.83 billion estimated. Revenue rose 7.6% year over year, and the company guided FY 2026 EPS at 3.450-3.570.
• Despite solid fundamentals, Wall Street sentiment is mixed: analysts currently rate the stock a consensus “Hold” with an average target price of $92.75, while the shares recently traded at $72.26, below both their 50-day and 200-day averages.

Capital Research Global Investors boosted its holdings in shares of Ingersoll Rand Inc. (NYSE:IR - Free Report) by 1.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,476,801 shares of the industrial products company's stock after acquiring an additional 222,125 shares during the period. Capital Research Global Investors owned approximately 4.93% of Ingersoll Rand worth $1,543,017,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Deseret Mutual Benefit Administrators lifted its holdings in Ingersoll Rand by 46.9% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 351 shares of the industrial products company's stock worth $28,000 after acquiring an additional 112 shares in the last quarter. Torren Management LLC bought a new position in Ingersoll Rand during the fourth quarter worth about $32,000. Salomon & Ludwin LLC lifted its holdings in shares of Ingersoll Rand by 166.9% in the fourth quarter. Salomon & Ludwin LLC now owns 427 shares of the industrial products company's stock valued at $35,000 after purchasing an additional 267 shares in the last quarter. ANTIPODES PARTNERS Ltd lifted its holdings in shares of Ingersoll Rand by 55.3% in the third quarter. ANTIPODES PARTNERS Ltd now owns 486 shares of the industrial products company's stock valued at $40,000 after purchasing an additional 173 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its holdings in shares of Ingersoll Rand by 106.4% in the third quarter. Hantz Financial Services Inc. now owns 584 shares of the industrial products company's stock valued at $48,000 after purchasing an additional 301 shares in the last quarter. 95.27% of the stock is currently owned by institutional investors.

Ingersoll Rand Stock Performance

IR opened at $72.26 on Friday. Ingersoll Rand Inc. has a 52-week low of $68.07 and a 52-week high of $100.96. The firm has a market capitalization of $28.28 billion, a PE ratio of 48.83, a PEG ratio of 4.57 and a beta of 1.19. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.59 and a current ratio of 2.23. The business's 50-day simple moving average is $77.55 and its 200 day simple moving average is $82.74.

Ingersoll Rand (NYSE:IR - Get Free Report) last released its earnings results on Tuesday, April 28th. The industrial products company reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.03. Ingersoll Rand had a return on equity of 12.79% and a net margin of 7.54%.The business had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.83 billion. During the same quarter in the prior year, the company posted $0.72 earnings per share. Ingersoll Rand's revenue was up 7.6% on a year-over-year basis. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. As a group, sell-side analysts expect that Ingersoll Rand Inc. will post 3.37 earnings per share for the current fiscal year.

Ingersoll Rand Announces Dividend

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

Analyst Ratings Changes

A number of brokerages have recently commented on IR. Weiss Ratings restated a "hold (c)" rating on shares of Ingersoll Rand in a report on Friday, March 27th. Citigroup cut their price target on Ingersoll Rand from $113.00 to $109.00 and set a "buy" rating on the stock in a report on Thursday, April 30th. Evercore set a $84.00 price target on Ingersoll Rand in a report on Monday, May 11th. Morgan Stanley cut their price target on Ingersoll Rand from $92.00 to $80.00 and set an "equal weight" rating on the stock in a report on Wednesday. Finally, Robert W. Baird set a $103.00 price target on Ingersoll Rand in a report on Thursday, April 30th. Four equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Ingersoll Rand currently has a consensus rating of "Hold" and an average target price of $92.75.

Insider Transactions at Ingersoll Rand

In related news, insider Vicente Reynal sold 30,492 shares of the company's stock in a transaction dated Monday, April 13th. The stock was sold at an average price of $88.00, for a total transaction of $2,683,296.00. Following the sale, the insider owned 209,534 shares in the company, valued at approximately $18,438,992. This represents a 12.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 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.

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