Zacks Research Lowers Earnings Estimates for Ingersoll Rand

Ingersoll Rand Inc. (NYSE:IR - Free Report) - Research analysts at Zacks Research lowered their Q1 2026 earnings estimates for shares of Ingersoll Rand in a report released on Wednesday, April 30th. Zacks Research analyst A. Bhattacharjee now anticipates that the industrial products company will post earnings of $0.74 per share for the quarter, down from their prior estimate of $0.76. The consensus estimate for Ingersoll Rand's current full-year earnings is $3.32 per share. Zacks Research also issued estimates for Ingersoll Rand's Q2 2026 earnings at $0.84 EPS and Q1 2027 earnings at $0.81 EPS.

A number of other brokerages have also recently commented on IR. Robert W. Baird boosted their target price on shares of Ingersoll Rand from $105.00 to $111.00 and gave the company an "outperform" rating in a report on Tuesday, February 18th. Wells Fargo & Company cut their price objective on shares of Ingersoll Rand from $115.00 to $105.00 and set an "overweight" rating on the stock in a report on Tuesday, January 7th. Stifel Nicolaus lowered their target price on shares of Ingersoll Rand from $94.00 to $77.00 and set a "hold" rating for the company in a report on Monday, April 14th. Citigroup reduced their price objective on Ingersoll Rand from $109.00 to $88.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Finally, Evercore ISI dropped their target price on Ingersoll Rand from $100.00 to $91.00 and set an "in-line" rating on the stock in a report on Wednesday, February 19th. Six research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, Ingersoll Rand has a consensus rating of "Moderate Buy" and a consensus price target of $100.36.

Ingersoll Rand Stock Up 0.7 %

Shares of NYSE IR traded up $0.51 during mid-day trading on Thursday, hitting $76.72. 4,538,947 shares of the stock traded hands, compared to its average volume of 2,587,918. The stock has a fifty day moving average price of $77.57 and a 200-day moving average price of $89.28. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.71 and a current ratio of 2.29. The company has a market cap of $30.92 billion, a price-to-earnings ratio of 37.24, a PEG ratio of 3.50 and a beta of 1.40. Ingersoll Rand has a 52 week low of $65.61 and a 52 week high of $106.03.

Ingersoll Rand (NYSE:IR - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The industrial products company reported $0.72 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.74 by ($0.02). Ingersoll Rand had a return on equity of 12.78% and a net margin of 11.59%. The company had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.73 billion. During the same period in the previous year, the company earned $0.78 earnings per share. Ingersoll Rand's quarterly revenue was up 2.8% on a year-over-year basis.

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

Ingersoll Rand Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Thursday, May 15th will be given a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 0.10%. The ex-dividend date of this dividend is Thursday, May 15th. Ingersoll Rand's dividend payout ratio (DPR) is 3.88%.

Institutional Trading of Ingersoll Rand

A number of institutional investors have recently made changes to their positions in IR. Compass Wealth Management LLC boosted its holdings in Ingersoll Rand by 62.8% in the first quarter. Compass Wealth Management LLC now owns 355 shares of the industrial products company's stock worth $28,000 after purchasing an additional 137 shares during the last quarter. Global Wealth Strategies & Associates boosted its stake in shares of Ingersoll Rand by 325.0% in the 1st quarter. Global Wealth Strategies & Associates now owns 374 shares of the industrial products company's stock worth $30,000 after buying an additional 286 shares during the last quarter. Murphy & Mullick Capital Management Corp bought a new stake in shares of Ingersoll Rand in the fourth quarter worth $36,000. OFI Invest Asset Management bought a new position in Ingersoll Rand in the fourth quarter valued at about $38,000. Finally, Lee Danner & Bass Inc. purchased a new position in Ingersoll Rand in the fourth quarter worth about $42,000. Hedge funds and other institutional investors own 95.27% of the company's stock.

Ingersoll Rand Company Profile

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.