Nykredit A S Makes New $10.08 Million Investment in Ingersoll Rand Inc. $IR

Key Points

• Nykredit A/S acquired 122,902 shares of Ingersoll Rand during the second quarter, valued at approximately $10.08 million. Other funds also initiated positions, and institutional investors collectively own 95.27% of the company.
• Ingersoll Rand reported quarterly EPS of $0.86, exceeding estimates of $0.83, while revenue rose 8.5% year over year to $2.05 billion. The company maintained fiscal 2026 EPS guidance of $3.57.
• Shares opened at $76.34, below the analyst consensus target of $96.14; analysts rate the stock a “Moderate Buy.” The company also pays a quarterly dividend of $0.02 per share, yielding approximately 0.1%.

Nykredit A S purchased a new stake in shares of Ingersoll Rand Inc. (NYSE:IR - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 122,902 shares of the industrial products company's stock, valued at approximately $10,077,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Nwam LLC bought a new position in Ingersoll Rand during the 2nd quarter worth about $1,197,000. Teza Capital Management LLC purchased a new stake in shares of Ingersoll Rand in the 2nd quarter worth approximately $207,000. Moore Capital Management LP purchased a new stake in shares of Ingersoll Rand in the 2nd quarter worth approximately $9,223,000. Two Sigma Securities LLC bought a new position in shares of Ingersoll Rand during the second quarter valued at approximately $1,488,000. Finally, Alyeska Investment Group L.P. purchased a new position in Ingersoll Rand during the second quarter valued at approximately $23,448,000. 95.27% of the stock is owned by hedge funds and other institutional investors.

Ingersoll Rand Price Performance

Shares of NYSE IR opened at $76.34 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.15 and a current ratio of 1.62. The company has a market cap of $29.62 billion, a PE ratio of 31.42, a P/E/G ratio of 4.80 and a beta of 1.15. The business has a 50-day simple moving average of $81.66 and a two-hundred day simple moving average of $81.15. Ingersoll Rand Inc. has a fifty-two week low of $68.07 and a fifty-two week high of $100.96.

Ingersoll Rand (NYSE:IR - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.03. The firm had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $1.96 billion. Ingersoll Rand had a net margin of 12.08% and a return on equity of 12.90%. The company's revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.80 earnings per share. Ingersoll Rand has set its FY 2026 guidance at 3.570-3.570 EPS. As a group, equities analysts expect that Ingersoll Rand Inc. will post 3.39 EPS for the current fiscal year.

Ingersoll Rand Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Thursday, August 13th 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 of this dividend was Thursday, August 13th. Ingersoll Rand's dividend payout ratio (DPR) is 3.29%.

Insiders Place Their Bets

In other news, Director Aurobind Satpathy acquired 11,538 shares of the company's stock in a transaction dated Monday, August 3rd. The shares were acquired at an average price of $86.68 per share, with a total value of $1,000,113.84. Following the purchase, the director directly owned 11,538 shares of the company's stock, valued at $1,000,113.84. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.49% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Evercore set a $84.00 target price on Ingersoll Rand in a report on Monday, May 11th. Wall Street Zen lowered Ingersoll Rand from a "buy" rating to a "hold" rating in a research report on Sunday, August 2nd. Weiss Ratings upgraded Ingersoll Rand from a "hold (c-)" rating to a "hold (c)" rating in a research note on Tuesday, July 21st. Morgan Stanley set a $87.00 target price on Ingersoll Rand in a research note on Monday, August 10th. Finally, Robert W. Baird boosted their target price on shares of Ingersoll Rand from $103.00 to $109.00 and gave the stock an "outperform" rating in a report on Monday, August 3rd. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $96.14.

About Ingersoll Rand

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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