Strs Ohio Increases Stock Holdings in Ingersoll Rand Inc. $IR

Key Points

• Strs Ohio increased its stake in Ingersoll Rand by 11.2% in Q4, buying an additional 23,974 shares to hold 237,624 shares valued at about $18,825,000 (≈0.06% of the company).
• Q results beat expectations: Ingersoll Rand reported EPS of $0.77 vs. $0.74 consensus and revenue of $1.85B (up 7.6% y/y), and set FY2026 guidance of $3.450–$3.570 EPS.
• Significant insider activity and institutional ownership: insiders sold 424,263 shares (~$40.8M) over the last quarter while hedge funds and institutions own 95.27% of the company’s stock.

Strs Ohio increased its holdings in shares of Ingersoll Rand Inc. (NYSE:IR - Free Report) by 11.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 237,624 shares of the industrial products company's stock after buying an additional 23,974 shares during the period. Strs Ohio owned about 0.06% of Ingersoll Rand worth $18,825,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IR. Nordea Investment Management AB increased its stake in shares of Ingersoll Rand by 12.3% in the 3rd quarter. Nordea Investment Management AB now owns 2,018,638 shares of the industrial products company's stock worth $165,811,000 after acquiring an additional 220,815 shares during the last quarter. Hudson Bay Capital Management LP acquired a new stake in shares of Ingersoll Rand during the 3rd quarter worth about $1,533,000. National Pension Service grew its position in Ingersoll Rand by 2.7% in the 3rd quarter. National Pension Service now owns 617,981 shares of the industrial products company's stock valued at $51,058,000 after acquiring an additional 16,084 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S grew its position in Ingersoll Rand by 79.0% in the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 28,411 shares of the industrial products company's stock valued at $2,347,000 after acquiring an additional 12,539 shares in the last quarter. Finally, Varma Mutual Pension Insurance Co grew its position in Ingersoll Rand by 8.8% in the 3rd quarter. Varma Mutual Pension Insurance Co now owns 154,664 shares of the industrial products company's stock valued at $12,778,000 after acquiring an additional 12,500 shares in the last quarter. Hedge funds and other institutional investors own 95.27% of the company's stock.

Ingersoll Rand Price Performance

IR stock opened at $77.89 on Monday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.59 and a current ratio of 2.23. Ingersoll Rand Inc. has a 1 year low of $72.45 and a 1 year high of $100.96. The firm has a market cap of $30.48 billion, a P/E ratio of 52.63, a price-to-earnings-growth ratio of 4.93 and a beta of 1.25. The stock has a 50-day simple moving average of $84.96 and a 200-day simple moving average of $83.72.

Ingersoll Rand (NYSE:IR - Get Free Report) last posted its earnings results on Tuesday, April 28th. The industrial products company reported $0.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $1.83 billion. During the same quarter last year, the firm earned $0.72 earnings per share. The company's revenue for the quarter was up 7.6% compared to the same quarter last year. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. On average, equities analysts predict that Ingersoll Rand Inc. will post 3.38 earnings per share for the current fiscal year.

Ingersoll Rand Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 14th will be paid a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Thursday, May 14th. Ingersoll Rand's dividend payout ratio (DPR) is 5.41%.

Insider Activity

In other Ingersoll Rand news, insider Kathleen M. Keene sold 12,000 shares of the firm's stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $99.46, for a total transaction of $1,193,520.00. Following the completion of the sale, the insider owned 3,528 shares in the company, valued at $350,894.88. This trade represents a 77.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Vicente Reynal sold 30,492 shares of the firm's stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of $88.00, for a total value of $2,683,296.00. Following the sale, the insider owned 209,534 shares of the company's stock, valued at approximately $18,438,992. This trade represents a 12.70% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 424,263 shares of company stock worth $40,828,923 over the last quarter. Corporate insiders own 0.49% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Stifel Nicolaus decreased their target price on Ingersoll Rand from $101.00 to $90.00 and set a "hold" rating for the company in a research note on Tuesday, April 14th. Barclays decreased their price target on Ingersoll Rand from $100.00 to $95.00 and set an "overweight" rating on the stock in a research note on Thursday. Wall Street Zen downgraded Ingersoll Rand from a "buy" rating to a "hold" rating in a research report on Saturday, April 11th. Citigroup decreased their target price on Ingersoll Rand from $113.00 to $109.00 and set a "buy" rating on the stock in a research report on Thursday. Finally, Wells Fargo & Company reduced their price objective on Ingersoll Rand from $90.00 to $88.00 and set an "overweight" rating on the stock in a research report on Thursday. Four investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Ingersoll Rand currently has an average rating of "Hold" and an average target price of $94.71.

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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