Q3 EPS Estimates for Ingersoll Rand Cut by Zacks Research

Key Points

• Zacks Research cut Ingersoll Rand’s Q3 2026 EPS estimate to $0.86 from $0.88, while maintaining a $3.38 full-year forecast and projecting EPS growth to $3.65 in FY2027 and $4.01 in FY2028.
• Ingersoll Rand’s latest quarter exceeded expectations, reporting $0.86 EPS versus the $0.83 consensus and $2.05 billion in revenue versus $1.96 billion expected; revenue increased 8.5% year over year.
• The stock trades at about 33 times earnings and has a “Moderate Buy” consensus rating with an average analyst price target of $96.14. The company also declared a quarterly dividend of $0.02 per share.

Ingersoll Rand Inc. (NYSE:IR - Free Report) - Analysts at Zacks Research decreased their Q3 2026 earnings per share (EPS) estimates for Ingersoll Rand in a research note issued on Thursday, August 13th. Zacks Research analyst Team now forecasts that the industrial products company will earn $0.86 per share for the quarter, down from their prior estimate of $0.88. The consensus estimate for Ingersoll Rand's current full-year earnings is $3.38 per share. Zacks Research also issued estimates for Ingersoll Rand's Q4 2026 earnings at $0.96 EPS, FY2026 earnings at $3.38 EPS, Q1 2027 earnings at $0.75 EPS, Q2 2027 earnings at $0.86 EPS, FY2027 earnings at $3.65 EPS and FY2028 earnings at $4.01 EPS.

Other equities analysts also recently issued research reports about the stock. Robert W. Baird upped their price objective on shares of Ingersoll Rand from $103.00 to $109.00 and gave the company an "outperform" rating in a report on Monday, August 3rd. Wall Street Zen cut shares of Ingersoll Rand from a "buy" rating to a "hold" rating in a report on Sunday, August 2nd. Morgan Stanley set a $87.00 price objective on shares of Ingersoll Rand in a research note on Monday, August 10th. Evercore set a $84.00 target price on Ingersoll Rand in a research report on Monday, May 11th. Finally, Wells Fargo & Company lowered their price target on Ingersoll Rand from $90.00 to $88.00 and set an "overweight" rating for the company in a research report on Thursday, April 30th. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $96.14.

Ingersoll Rand Trading Down 1.9%

Ingersoll Rand stock opened at $80.78 on Wednesday. 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 stock has a market cap of $31.34 billion, a PE ratio of 33.24, a price-to-earnings-growth ratio of 5.25 and a beta of 1.17. The stock has a 50-day moving average of $81.40 and a two-hundred day moving average of $82.56. Ingersoll Rand has a one year low of $68.07 and a one year 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 for the quarter, topping analysts' consensus estimates of $0.83 by $0.03. Ingersoll Rand had a return on equity of 12.90% and a net margin of 12.08%.The firm had revenue of $2.05 billion during the quarter, compared to analysts' expectations of $1.96 billion. During the same quarter last year, the firm earned $0.80 EPS. The business's quarterly revenue was up 8.5% on a year-over-year basis. Ingersoll Rand has set its FY 2026 guidance at 3.570-3.570 EPS.

Ingersoll Rand Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 13th will be given a $0.02 dividend. The ex-dividend date is Thursday, August 13th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.1%. Ingersoll Rand's dividend payout ratio is 3.29%.

Insider Activity

In other Ingersoll Rand news, Director Aurobind Satpathy bought 11,538 shares of the company's stock in a transaction dated Monday, August 3rd. The shares were purchased at an average cost of $86.68 per share, for a total transaction of $1,000,113.84. Following the transaction, the director directly owned 11,538 shares of the company's stock, valued at approximately $1,000,113.84. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.49% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Ingersoll Rand

Hedge funds have recently bought and sold shares of the business. Fifth Third Bancorp boosted its stake in Ingersoll Rand by 388.7% during the first quarter. Fifth Third Bancorp now owns 81,961 shares of the industrial products company's stock worth $6,567,000 after buying an additional 65,189 shares during the period. Strs Ohio lifted its holdings in shares of Ingersoll Rand by 11.2% in the 4th quarter. Strs Ohio now owns 237,624 shares of the industrial products company's stock worth $18,825,000 after acquiring an additional 23,974 shares during the last quarter. National Pension Service boosted its position in shares of Ingersoll Rand by 3.0% during the 4th quarter. National Pension Service now owns 636,270 shares of the industrial products company's stock worth $50,405,000 after purchasing an additional 18,289 shares during the period. Norges Bank acquired a new stake in Ingersoll Rand in the 4th quarter valued at approximately $407,915,000. Finally, Hsbc Holdings PLC raised its position in Ingersoll Rand by 4.4% in the first quarter. Hsbc Holdings PLC now owns 705,454 shares of the industrial products company's stock valued at $56,415,000 after purchasing an additional 29,914 shares during the period. Hedge funds and other institutional investors own 95.27% of the company's stock.

Key Ingersoll Rand News

Here are the key news stories impacting Ingersoll Rand this week:

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate to $3.38 from $3.37, matching the current full-year consensus estimate. The firm also increased its FY2027 forecast to $3.65 from $3.64 and lifted Q3 2027 and Q4 2027 estimates to $0.97 and $1.07, respectively. Ingersoll Rand analyst estimates
• Neutral Sentiment: The longer-term FY2028 EPS forecast was set at $4.01, only slightly below the prior $4.03 estimate. Zacks’ projections remain above FY2026 levels, indicating continued expected earnings growth, but the revisions provide little meaningful change to the broader outlook. Ingersoll Rand analyst estimates
• Negative Sentiment: Zacks Research cut its EPS estimates for Q3 2026 to $0.86 from $0.88, Q4 2026 to $0.96 from $0.97, Q1 2027 to $0.75 from $0.76, and Q2 2027 to $0.86 from $0.88. It also reduced its Q1 2028 forecast to $0.86 from $0.87. These downward revisions to several upcoming quarters may weigh on sentiment, particularly because Ingersoll Rand trades at a relatively elevated valuation of about 33 times earnings. Ingersoll Rand analyst estimates

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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