Massachusetts Financial Services Co. MA Boosts Stock Holdings in Ingersoll Rand Inc. $IR

Key Points

• Massachusetts Financial Services Co. raised its stake in Ingersoll Rand by 24,176.6% in Q4, acquiring 1,616,445 shares to own 1,623,131 shares (about 0.41%) valued at roughly $128.6 million.
• Company insiders sold 584,771 shares worth about $54.98 million in the past three months — including transactions by Kathleen M. Keene and Elizabeth Meloy Hepding — leaving insiders with 0.68% ownership.
• Analysts are mixed with a consensus rating of Hold and a $99.57 target; Ingersoll Rand beat Q4 estimates (EPS $0.96 vs. $0.90; revenue $2.09B vs. $2.04B) and provided FY2026 guidance of $3.450–$3.570 EPS.

Massachusetts Financial Services Co. MA raised its holdings in shares of Ingersoll Rand Inc. (NYSE:IR - Free Report) by 24,176.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,623,131 shares of the industrial products company's stock after acquiring an additional 1,616,445 shares during the quarter. Massachusetts Financial Services Co. MA owned about 0.41% of Ingersoll Rand worth $128,584,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Heartwood Wealth Advisors LLC bought a new stake in Ingersoll Rand during the 3rd quarter valued at $36,000. Grey Fox Wealth Advisors LLC bought a new stake in Ingersoll Rand during the 3rd quarter valued at $36,000. Westside Investment Management Inc. raised its holdings in Ingersoll Rand by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 464 shares of the industrial products company's stock valued at $39,000 after acquiring an additional 232 shares during the period. ANTIPODES PARTNERS Ltd raised its holdings 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 during the period. Finally, Hantz Financial Services Inc. raised its holdings 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 during the period. Institutional investors own 95.27% of the company's stock.

Insider Buying and Selling

In related news, insider Kathleen M. Keene sold 12,000 shares of the company's stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $99.46, for a total value of $1,193,520.00. Following the completion of the transaction, the insider directly owned 3,528 shares in the company, valued at approximately $350,894.88. The trade was a 77.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Elizabeth Meloy Hepding sold 18,246 shares of the company's stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $97.11, for a total transaction of $1,771,869.06. Following the completion of the transaction, the insider owned 16,200 shares of the company's stock, valued at $1,573,182. This trade represents a 52.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 584,771 shares of company stock valued at $54,976,547 in the last three months. 0.68% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on IR. Weiss Ratings reissued a "hold (c)" rating on shares of Ingersoll Rand in a report on Friday, March 27th. Wells Fargo & Company lowered their target price on shares of Ingersoll Rand from $110.00 to $90.00 and set an "overweight" rating on the stock in a report on Wednesday, April 1st. Barclays lowered their target price on shares of Ingersoll Rand from $111.00 to $100.00 and set an "overweight" rating on the stock in a report on Wednesday, April 1st. Wall Street Zen cut shares of Ingersoll Rand from a "buy" rating to a "hold" rating in a report on Saturday. Finally, Stifel Nicolaus upped their price target on shares of Ingersoll Rand from $87.00 to $101.00 and gave the stock a "hold" rating in a report on Tuesday, February 17th. Four analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $99.57.

Ingersoll Rand Trading Up 2.8%

Ingersoll Rand stock opened at $87.77 on Tuesday. The stock has a market cap of $34.37 billion, a P/E ratio of 60.53, a PEG ratio of 5.32 and a beta of 1.33. Ingersoll Rand Inc. has a fifty-two week low of $68.97 and a fifty-two week high of $100.96. The firm's fifty day moving average price is $88.45 and its 200-day moving average price is $83.48. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.49 and a current ratio of 2.06.

Ingersoll Rand (NYSE:IR - Get Free Report) last released its quarterly earnings results on Thursday, February 12th. The industrial products company reported $0.96 earnings per share 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 net margin of 7.60% and a return on equity of 12.62%. The business's quarterly revenue was up 10.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.84 earnings per share. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. Equities research analysts forecast that Ingersoll Rand Inc. will post 3.32 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, March 26th. Investors of record on Wednesday, March 4th were given a $0.02 dividend. The ex-dividend date was Wednesday, March 4th. This represents a $0.08 annualized dividend and a yield of 0.1%. Ingersoll Rand's payout ratio is 5.52%.

Ingersoll Rand 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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