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Ingersoll Rand (NYSE:IR) Price Target Lowered to $113.00 at Citigroup

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Key Points

  • Citigroup cut its price target on Ingersoll Rand to $113 from $117 while keeping a "buy" rating, a target that suggests about a 31.35% upside from the stock's current price.
  • Analyst views are mixed: four firms rate IR a Buy and five a Hold, leaving an average consensus rating of "Hold" with an average target of $99.57.
  • Shares traded around $86.03 after the company beat Q4 EPS and revenue (revenue +10.1% YoY) and set FY2026 guidance of $3.45–3.57 EPS, but insiders sold roughly 584,771 shares (~$55M) over the last quarter.
  • MarketBeat previews the top five stocks to own by June 1st.

Ingersoll Rand (NYSE:IR - Get Free Report) had its target price reduced by analysts at Citigroup from $117.00 to $113.00 in a note issued to investors on Monday,Benzinga reports. The firm presently has a "buy" rating on the industrial products company's stock. Citigroup's target price suggests a potential upside of 31.35% from the stock's current price.

Several other brokerages have also issued reports on IR. Robert W. Baird set a $115.00 price target on shares of Ingersoll Rand in a research note on Tuesday, February 17th. Wells Fargo & Company reduced their price target on shares of Ingersoll Rand from $110.00 to $90.00 and set an "overweight" rating for the company in a research report on Wednesday, April 1st. Stifel Nicolaus lifted their price objective on Ingersoll Rand from $87.00 to $101.00 and gave the stock a "hold" rating in a report on Tuesday, February 17th. Barclays cut their price objective on Ingersoll Rand from $111.00 to $100.00 and set an "overweight" rating for the company in a report on Wednesday, April 1st. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Ingersoll Rand in a research report on Friday, March 27th. Four research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $99.57.

Check Out Our Latest Research Report on IR

Ingersoll Rand Trading Up 0.8%

Ingersoll Rand stock traded up $0.65 during trading hours on Monday, reaching $86.03. The stock had a trading volume of 836,797 shares, compared to its average volume of 3,699,887. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.06 and a quick ratio of 1.49. The stock has a market cap of $33.69 billion, a PE ratio of 59.32, a PEG ratio of 5.32 and a beta of 1.33. The company has a fifty day simple moving average of $88.48 and a 200-day simple moving average of $83.43. Ingersoll Rand has a 52 week low of $68.97 and a 52 week high of $100.96.

Ingersoll Rand (NYSE:IR - Get Free Report) last announced its earnings results on Thursday, February 12th. The industrial products company reported $0.96 EPS for the quarter, beating analysts' consensus estimates of $0.90 by $0.06. The company had revenue of $2.09 billion during the quarter, compared to the consensus estimate 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 quarter in the prior year, the company earned $0.84 earnings per share. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. Analysts forecast that Ingersoll Rand will post 3.32 EPS for the current fiscal year.

Insiders Place Their Bets

In other Ingersoll Rand news, insider Vicente Reynal sold 118,044 shares of Ingersoll Rand stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $94.11, for a total value of $11,109,120.84. Following the sale, the insider owned 209,534 shares of the company's stock, valued at $19,719,244.74. The trade was a 36.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Vikram Kini sold 28,367 shares of Ingersoll Rand stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $96.50, for a total value of $2,737,415.50. Following the completion of the sale, the chief financial officer directly owned 98,517 shares in the company, valued at approximately $9,506,890.50. The trade was a 22.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 584,771 shares of company stock worth $54,976,547. Insiders own 0.59% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in IR. Deseret Mutual Benefit Administrators lifted its holdings in shares of Ingersoll Rand by 46.9% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 351 shares of the industrial products company's stock valued at $28,000 after acquiring an additional 112 shares during the last quarter. Hilton Head Capital Partners LLC bought a new position in Ingersoll Rand during the fourth quarter valued at $29,000. Reflection Asset Management bought a new position in Ingersoll Rand during the fourth quarter valued at $31,000. Torren Management LLC bought a new position in Ingersoll Rand during the fourth quarter valued at $32,000. Finally, Salomon & Ludwin LLC increased its position in Ingersoll Rand by 166.9% during the fourth quarter. Salomon & Ludwin LLC now owns 427 shares of the industrial products company's stock valued at $35,000 after acquiring an additional 267 shares during the last quarter. Institutional investors own 95.27% of the company's stock.

Ingersoll Rand Company Profile

(Get 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.

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Analyst Recommendations 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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