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Ingersoll Rand Inc. $IR Shares Sold by Beese Fulmer Investment Management Inc.

Ingersoll Rand logo with Industrials background
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Key Points

  • Major institutional investors including Franklin Resources, Capital Research and Capital World Investors meaningfully increased their stakes in Ingersoll Rand during Q3, and about 95.27% of the stock is held by hedge funds and other institutions.
  • Insiders sold heavily over the past three months—584,771 shares worth $54.98 million (including sales by CAO Michael Scheske and Vicente Reynal)—leaving corporate insiders with just 0.68% ownership.
  • Ingersoll Rand beat Q results (EPS $0.96 vs. $0.90; revenue $2.09B vs. $2.04B), issued FY‑2026 EPS guidance of $3.450–3.570, and holds an analyst consensus rating of “Hold” with a $101.86 price target.
  • MarketBeat previews the top five stocks to own by May 1st.

Beese Fulmer Investment Management Inc. decreased its position in shares of Ingersoll Rand Inc. (NYSE:IR - Free Report) by 12.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 84,361 shares of the industrial products company's stock after selling 12,283 shares during the period. Beese Fulmer Investment Management Inc.'s holdings in Ingersoll Rand were worth $6,970,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IR. Franklin Resources Inc. lifted its stake in shares of Ingersoll Rand by 8.3% in the third quarter. Franklin Resources Inc. now owns 14,404,452 shares of the industrial products company's stock worth $1,190,096,000 after acquiring an additional 1,106,989 shares in the last quarter. Ceredex Value Advisors LLC grew its stake in Ingersoll Rand by 12.4% during the 3rd quarter. Ceredex Value Advisors LLC now owns 821,514 shares of the industrial products company's stock valued at $67,873,000 after purchasing an additional 90,820 shares in the last quarter. Capital Research Global Investors grew its stake in Ingersoll Rand by 14.3% during the 3rd quarter. Capital Research Global Investors now owns 19,254,676 shares of the industrial products company's stock valued at $1,590,818,000 after purchasing an additional 2,406,183 shares in the last quarter. Capital World Investors increased its holdings in Ingersoll Rand by 19.2% during the 3rd quarter. Capital World Investors now owns 31,787,657 shares of the industrial products company's stock worth $2,626,296,000 after purchasing an additional 5,110,668 shares during the last quarter. Finally, Capital International Sarl raised its position in shares of Ingersoll Rand by 38.2% in the 3rd quarter. Capital International Sarl now owns 485,356 shares of the industrial products company's stock valued at $40,100,000 after purchasing an additional 134,035 shares in the last quarter. 95.27% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Stifel Nicolaus raised their price target 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. Robert W. Baird set a $115.00 price target on shares of Ingersoll Rand in a report on Tuesday, February 17th. Zacks Research upgraded shares of Ingersoll Rand from a "strong sell" rating to a "hold" rating in a research note on Friday, December 12th. Citigroup raised their price objective on shares of Ingersoll Rand from $94.00 to $98.00 and gave the stock a "buy" rating in a report on Monday, January 12th. Finally, Barclays boosted their target price 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. Four equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $101.86.

View Our Latest Stock Report on IR

Insiders Place Their Bets

In other Ingersoll Rand news, CAO Michael J. Scheske sold 19,122 shares of the firm's stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $97.67, for a total value of $1,867,645.74. Following the transaction, the chief accounting officer owned 12,153 shares of the company's stock, valued at $1,186,983.51. This trade represents a 61.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Vicente Reynal sold 191,000 shares of Ingersoll Rand stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $88.12, for a total value of $16,830,920.00. Following the completion of the transaction, the insider owned 193,186 shares of the company's stock, valued at approximately $17,023,550.32. The trade was a 49.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 584,771 shares of company stock worth $54,976,547. Corporate insiders own 0.68% of the company's stock.

Ingersoll Rand Price Performance

Shares of NYSE IR opened at $86.49 on Wednesday. The company has a current ratio of 2.06, a quick ratio of 1.49 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $33.87 billion, a price-to-earnings ratio of 59.65, a price-to-earnings-growth ratio of 5.35 and a beta of 1.29. Ingersoll Rand Inc. has a twelve month low of $65.61 and a twelve month high of $100.96. The business has a 50 day simple moving average of $90.08 and a 200-day simple moving average of $83.14.

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

Ingersoll Rand Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Wednesday, March 4th will be given a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Wednesday, March 4th. Ingersoll Rand's dividend payout ratio (DPR) is presently 5.52%.

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

Want to see what other hedge funds are holding IR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ingersoll Rand Inc. (NYSE:IR - Free Report).

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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