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Ingersoll Rand Inc. $IR Shares Bought by Swedbank AB

Ingersoll Rand logo with Industrials background
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Key Points

  • Swedbank AB increased its stake in Ingersoll Rand by 72.4% to 3,878,349 shares—about 0.98% of the company—worth roughly $307.2 million, and institutional investors now own about 95.27% of the stock.
  • Q1 results topped estimates with $0.77 EPS and $1.85 billion revenue (revenue up 7.6% year‑over‑year), and the company set FY2026 guidance of $3.45–$3.57 EPS versus analysts' average forecast of $3.38.
  • Insiders have sold about 324,263 shares (~$31.1M) over the past 90 days, and analysts give the stock an average rating of "Hold" with a mean price target of $94.71; shares recently traded near $75.84 (52‑week range $72.45–$100.96).
  • Five stocks to consider instead of Ingersoll Rand.

Swedbank AB lifted its position in shares of Ingersoll Rand Inc. (NYSE:IR - Free Report) by 72.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,878,349 shares of the industrial products company's stock after acquiring an additional 1,628,996 shares during the quarter. Swedbank AB owned 0.98% of Ingersoll Rand worth $307,243,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC lifted its holdings in shares of Ingersoll Rand by 12.7% in the 1st quarter. AQR Capital Management LLC now owns 37,078 shares of the industrial products company's stock valued at $2,904,000 after buying an additional 4,167 shares during the period. NewEdge Advisors LLC grew its holdings in Ingersoll Rand by 4.8% during the first quarter. NewEdge Advisors LLC now owns 6,168 shares of the industrial products company's stock worth $494,000 after acquiring an additional 282 shares during the period. Empowered Funds LLC raised its position in Ingersoll Rand by 6.2% in the first quarter. Empowered Funds LLC now owns 7,731 shares of the industrial products company's stock worth $619,000 after acquiring an additional 454 shares in the last quarter. Woodline Partners LP purchased a new position in Ingersoll Rand in the first quarter worth $643,000. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in Ingersoll Rand by 663.2% in the second quarter. Arrowstreet Capital Limited Partnership now owns 74,615 shares of the industrial products company's stock valued at $6,206,000 after acquiring an additional 64,838 shares during the period. 95.27% of the stock is owned by hedge funds and other institutional investors.

Ingersoll Rand Trading Up 0.4%

Shares of IR stock opened at $75.84 on Wednesday. The stock has a market cap of $29.68 billion, a P/E ratio of 51.24, a P/E/G ratio of 4.77 and a beta of 1.25. The company has a quick ratio of 1.59, a current ratio of 2.23 and a debt-to-equity ratio of 0.47. Ingersoll Rand Inc. has a fifty-two week low of $72.45 and a fifty-two week high of $100.96. The business has a fifty day simple moving average of $84.57 and a 200-day simple moving average of $83.72.

Ingersoll Rand (NYSE:IR - Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.74 by $0.03. The business had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.83 billion. Ingersoll Rand had a net margin of 7.54% and a return on equity of 12.79%. The business's revenue for the quarter was up 7.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.72 EPS. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. On average, analysts forecast that Ingersoll Rand Inc. will post 3.38 earnings per share for the current fiscal year.

Ingersoll Rand Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 14th will be 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 is Thursday, May 14th. Ingersoll Rand's dividend payout ratio is 5.41%.

Insiders Place Their Bets

In other news, Director John Humphrey sold 4,300 shares of the firm's stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $95.90, for a total transaction of $412,370.00. Following the completion of the transaction, the director directly owned 23,983 shares of the company's stock, valued at $2,299,969.70. This trade represents a 15.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Elizabeth Meloy Hepding sold 18,246 shares of Ingersoll Rand stock in a transaction that occurred 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 transaction, the insider 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 disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 324,263 shares of company stock valued at $31,075,021. Corporate insiders own 0.49% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Barclays lowered their price target on shares of Ingersoll Rand from $100.00 to $95.00 and set an "overweight" rating on the stock in a research note on Thursday, April 30th. Stifel Nicolaus decreased their price objective on shares of Ingersoll Rand from $101.00 to $90.00 and set a "hold" rating on the stock in a report on Tuesday, April 14th. Robert W. Baird set a $103.00 target price on shares of Ingersoll Rand in a research report on Thursday, April 30th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Ingersoll Rand in a report on Friday, March 27th. Finally, Wells Fargo & Company reduced their price target on shares of Ingersoll Rand from $90.00 to $88.00 and set an "overweight" rating for the company in a research report on Thursday, April 30th. Four research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $94.71.

Get Our Latest Stock Analysis on IR

Ingersoll Rand Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Ingersoll Rand (NYSE:IR)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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