Free Trial

Zacks Research Lowers Earnings Estimates for Ingersoll Rand

Ingersoll Rand logo with Industrials background

Key Points

  • Zacks Research has lowered its earnings estimate for Ingersoll Rand's Q2 2026 from $0.83 to $0.82 per share, affecting investor expectations moving forward.
  • Despite the earnings estimate downgrade, several brokerages have increased their price targets for Ingersoll Rand, with Citigroup raising its target price to $104.00, indicating a positive outlook from multiple analysts.
  • Ingersoll Rand's recent quarterly earnings showed a net margin of 7.10%, with quarterly revenues up by 4.6% compared to the previous year, highlighting a stable financial performance.
  • Five stocks to consider instead of Ingersoll Rand.

Ingersoll Rand Inc. (NYSE:IR - Free Report) - Stock analysts at Zacks Research reduced their Q2 2026 earnings estimates for Ingersoll Rand in a research note issued on Thursday, July 31st. Zacks Research analyst A. Bhattacharjee now expects that the industrial products company will post earnings per share of $0.82 for the quarter, down from their previous estimate of $0.83. 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 FY2027 earnings at $3.79 EPS.

Several other brokerages have also recently issued reports on IR. Citigroup reissued a "buy" rating and issued a $104.00 target price (up from $91.00) on shares of Ingersoll Rand in a research report on Monday, July 14th. Barclays raised their price objective on shares of Ingersoll Rand from $85.00 to $92.00 and gave the stock an "overweight" rating in a report on Wednesday, July 9th. Wells Fargo & Company upped their target price on shares of Ingersoll Rand from $86.00 to $95.00 and gave the company an "overweight" rating in a report on Tuesday, July 1st. Melius lowered Ingersoll Rand from a "buy" rating to a "hold" rating and set a $93.00 price objective for the company. in a research note on Monday, July 14th. Finally, Stifel Nicolaus upped their price target on Ingersoll Rand from $78.00 to $95.00 and gave the stock a "hold" rating in a research report on Monday, July 21st. Seven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $100.92.

Check Out Our Latest Stock Analysis on Ingersoll Rand

Ingersoll Rand Stock Performance

Ingersoll Rand stock opened at $75.09 on Monday. The stock's 50 day moving average is $84.19 and its 200 day moving average is $82.77. The company has a market capitalization of $30.30 billion, a P/E ratio of 58.66, a PEG ratio of 3.15 and a beta of 1.41. Ingersoll Rand has a twelve month low of $65.61 and a twelve month high of $106.03. The company has a quick ratio of 1.63, a current ratio of 2.29 and a debt-to-equity ratio of 0.47.

Ingersoll Rand (NYSE:IR - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.80. The business had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.85 billion. Ingersoll Rand had a net margin of 7.10% and a return on equity of 12.12%. The company's quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.83 EPS.

Institutional Investors Weigh In On Ingersoll Rand

Hedge funds have recently made changes to their positions in the stock. T. Rowe Price Investment Management Inc. increased its position in shares of Ingersoll Rand by 28.8% during the first quarter. T. Rowe Price Investment Management Inc. now owns 17,826,488 shares of the industrial products company's stock worth $1,426,654,000 after purchasing an additional 3,989,643 shares in the last quarter. Nuveen LLC purchased a new position in Ingersoll Rand during the 1st quarter worth $211,408,000. Price T Rowe Associates Inc. MD increased its position in Ingersoll Rand by 10.7% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 19,198,593 shares of the industrial products company's stock valued at $1,536,464,000 after buying an additional 1,849,030 shares in the last quarter. Capital International Investors raised its stake in Ingersoll Rand by 4.6% in the fourth quarter. Capital International Investors now owns 36,673,865 shares of the industrial products company's stock valued at $3,317,537,000 after buying an additional 1,606,363 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its holdings in Ingersoll Rand by 8,153.0% in the second quarter. Allspring Global Investments Holdings LLC now owns 1,614,212 shares of the industrial products company's stock worth $137,692,000 after acquiring an additional 1,594,653 shares in the last quarter. 95.27% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider Vicente Reynal sold 38,657 shares of the firm's stock in a transaction on Tuesday, May 20th. The stock was sold at an average price of $83.03, for a total transaction of $3,209,690.71. Following the transaction, the insider owned 193,186 shares in the company, valued at approximately $16,040,233.58. This trade represents a 16.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Elizabeth Meloy Hepding sold 3,500 shares of Ingersoll Rand stock in a transaction dated Wednesday, May 14th. The shares were sold at an average price of $83.78, for a total value of $293,230.00. Following the completion of the sale, the insider owned 10,986 shares of the company's stock, valued at $920,407.08. The trade was a 24.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.68% of the stock is owned by insiders.

Ingersoll Rand Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Thursday, August 14th will be given a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Thursday, August 14th. Ingersoll Rand's payout ratio is 6.25%.

Ingersoll Rand announced that its board has approved a share repurchase program on Thursday, May 1st that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the industrial products company to repurchase up to 3.3% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

Ingersoll Rand Company Profile

(Get Free Report)

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.

Read More

Earnings History and Estimates 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 and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Ingersoll Rand Right Now?

Before you consider Ingersoll Rand, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ingersoll Rand wasn't on the list.

While Ingersoll Rand currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Palantir & AMD Earnings: Massive Options Setups Ahead
3 Value Plays Set to Explode
5 Stocks to BUY NOW in August 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines