Ingersoll Rand (NYSE:IR) Releases FY 2025 Earnings Guidance

Key Points

• Ingersoll Rand issued FY 2025 earnings guidance with EPS projected between $3.340 and $3.460, slightly above the consensus estimate of $3.339, and revenue guidance of $7.5 billion to $7.7 billion, matching the consensus revenue estimate.
• The company recently announced a quarterly dividend of $0.02 per share, set for payment on September 4th, with an annualized dividend yield of 0.1%.
• Analysts have mixed ratings for Ingersoll Rand, with Barclays raising its target price to $92.00 and a current consensus rating of "Hold" reflecting varied opinions on the stock's performance.

Ingersoll Rand (NYSE:IR - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 3.340-3.460 for the period, compared to the consensus estimate of 3.339. The company issued revenue guidance of $7.5 billion-$7.7 billion, compared to the consensus revenue estimate of $7.5 billion.

Ingersoll Rand Stock Down 1.3%

Shares of NYSE:IR traded down $1.14 during trading on Thursday, hitting $84.62. 4,827,043 shares of the company were exchanged, compared to its average volume of 2,885,649. The stock has a market capitalization of $34.14 billion, a P/E ratio of 41.89, a PEG ratio of 3.66 and a beta of 1.43. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.38 and a quick ratio of 1.76. Ingersoll Rand has a 12-month low of $65.61 and a 12-month high of $106.03. The firm's 50 day moving average price is $84.22 and its 200-day moving average price is $83.00.

Ingersoll Rand (NYSE:IR - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The industrial products company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $0.80 by ($0.03). Ingersoll Rand had a return on equity of 12.33% and a net margin of 11.30%. On average, research analysts predict that Ingersoll Rand will post 3.32 earnings per share for the current fiscal year.

Ingersoll Rand Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Thursday, August 14th will be paid a $0.02 dividend. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Thursday, August 14th. Ingersoll Rand's dividend payout ratio (DPR) is 3.96%.

Ingersoll Rand declared that its Board of Directors has authorized a stock repurchase plan on Thursday, May 1st that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the industrial products company to purchase up to 3.3% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's management believes its stock is undervalued.

Analyst Ratings Changes

A number of analysts have commented on the company. Barclays boosted their target price on Ingersoll Rand from $85.00 to $92.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 9th. Melius lowered Ingersoll Rand from a "buy" rating to a "hold" rating and set a $93.00 price objective on the stock. in a research note on Monday, July 14th. Wells Fargo & Company raised their price objective on Ingersoll Rand from $86.00 to $95.00 and gave the company an "overweight" rating in a research note on Tuesday, July 1st. Stifel Nicolaus lifted their target price on Ingersoll Rand from $78.00 to $95.00 and gave the stock a "hold" rating in a research report on Monday, July 21st. Finally, Melius Research set a $93.00 price target on Ingersoll Rand in a report on Monday, July 14th. Seven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $100.92.

Insider Transactions at Ingersoll Rand

In other Ingersoll Rand news, insider Elizabeth Meloy Hepding sold 3,500 shares of the business's stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $83.78, for a total value of $293,230.00. Following the transaction, the insider owned 10,986 shares in the company, valued at $920,407.08. The trade was a 24.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Vicente Reynal sold 38,657 shares of the business's stock in a transaction dated Tuesday, May 20th. The shares were sold at an average price of $83.03, for a total value of $3,209,690.71. Following the completion of the transaction, the insider owned 193,186 shares in the company, valued at $16,040,233.58. This trade represents a 16.67% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.59% of the company's stock.

Institutional Trading of Ingersoll Rand

Institutional investors and hedge funds have recently made changes to their positions in the stock. NewEdge Advisors LLC lifted its position in shares of Ingersoll Rand by 4.8% in the first quarter. NewEdge Advisors LLC now owns 6,168 shares of the industrial products company's stock worth $494,000 after buying an additional 282 shares during the last quarter. Empowered Funds LLC lifted its position in shares of Ingersoll Rand by 6.2% during the 1st quarter. Empowered Funds LLC now owns 7,731 shares of the industrial products company's stock worth $619,000 after purchasing an additional 454 shares during the last quarter. Woodline Partners LP acquired a new position in shares of Ingersoll Rand during the 1st quarter worth about $643,000. Finally, AQR Capital Management LLC lifted its position in shares of Ingersoll Rand by 12.7% during the 1st quarter. AQR Capital Management LLC now owns 37,078 shares of the industrial products company's stock worth $2,904,000 after purchasing an additional 4,167 shares during the last quarter. Institutional investors and hedge funds own 95.27% of the company's stock.

About Ingersoll Rand

Ingersoll Rand Inc provides various mission-critical air, gas, liquid, and solid flow creation technologies services and solutions worldwide. It operates through two segments, Industrial Technologies and Services, and Precision and Science Technologies. The Industrial Technologies and Services segment designs, manufactures, markets, and services air and gas compression, vacuum, and blower products; fluid transfer equipment and loading systems; and power tools and lifting equipment, including associated aftermarket parts, consumables, air treatment equipment, controls, other accessories, and services under the under the Ingersoll Rand, Gardner Denver, Nash, CompAir, Elmo Rietschle brands, etc.

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