Q3 EPS Estimates for Ingersoll Rand Increased by Analyst

Key Points

• Zacks Research has raised its earnings estimates for Ingersoll Rand, now predicting Q3 2026 earnings per share of $0.91, up from $0.90.
• Ingersoll Rand reported a quarterly revenue of $1.89 billion, exceeding expectations of $1.85 billion, along with an earnings per share match of $0.80.
• The company announced a quarterly dividend of $0.02 per share, to be paid on September 4th, representing a 0.1% yield.

Ingersoll Rand Inc. (NYSE:IR - Free Report) - Research analysts at Zacks Research raised their Q3 2026 earnings per share (EPS) estimates for shares of Ingersoll Rand in a report issued on Thursday, July 31st. Zacks Research analyst A. Bhattacharjee now expects that the industrial products company will earn $0.91 per share for the quarter, up from their previous forecast of $0.90. 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 Q4 2026 earnings at $0.98 EPS and FY2026 earnings at $3.47 EPS.

Other analysts also recently issued research reports about the stock. Melius downgraded shares of 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. Melius Research set a $93.00 price objective on shares of Ingersoll Rand in a research note 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 research note on Wednesday, July 9th. Citigroup restated a "buy" rating and issued a $104.00 price target (up previously from $91.00) on shares of Ingersoll Rand in a report on Monday, July 14th. Finally, Stifel Nicolaus raised their price target on shares of Ingersoll Rand from $78.00 to $95.00 and gave the company a "hold" rating in a report on Monday, July 21st. Seven analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, Ingersoll Rand currently has a consensus rating of "Hold" and an average price target of $100.92.

Ingersoll Rand Trading Down 11.3%

IR traded down $9.54 during trading on Friday, reaching $75.09. The company had a trading volume of 12,246,097 shares, compared to its average volume of 2,696,997. The business has a 50 day simple moving average of $84.19 and a 200-day simple moving average of $82.83. The stock has a market cap of $30.30 billion, a P/E ratio of 58.66, a PEG ratio of 3.15 and a beta of 1.41. The company has a quick ratio of 1.76, a current ratio of 2.38 and a debt-to-equity ratio of 0.45. 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 issued its quarterly earnings data on Thursday, July 31st. The industrial products company reported $0.80 earnings per share for the quarter, hitting the consensus estimate of $0.80. The company had revenue of $1.89 billion for the quarter, compared to analysts' expectations of $1.85 billion. Ingersoll Rand had a return on equity of 12.06% and a net margin of 7.10%. The firm's revenue for the quarter was up 4.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.83 earnings per share.

Institutional Trading of Ingersoll Rand

Hedge funds have recently made changes to their positions in the business. Rathbones Group PLC boosted its position in shares of Ingersoll Rand by 1.4% in the 1st quarter. Rathbones Group PLC now owns 9,044 shares of the industrial products company's stock valued at $724,000 after purchasing an additional 121 shares during the period. EP Wealth Advisors LLC increased its position in Ingersoll Rand by 2.4% in the 1st quarter. EP Wealth Advisors LLC now owns 5,918 shares of the industrial products company's stock valued at $474,000 after acquiring an additional 136 shares during the period. Compass Wealth Management LLC increased its position in Ingersoll Rand by 62.8% in the 1st quarter. Compass Wealth Management LLC now owns 355 shares of the industrial products company's stock valued at $28,000 after acquiring an additional 137 shares during the period. AdvisorNet Financial Inc increased its position in Ingersoll Rand by 0.7% in the 2nd quarter. AdvisorNet Financial Inc now owns 18,708 shares of the industrial products company's stock valued at $1,556,000 after acquiring an additional 138 shares during the period. Finally, Signature Estate & Investment Advisors LLC increased its position in Ingersoll Rand by 5.3% in the 1st quarter. Signature Estate & Investment Advisors LLC now owns 2,942 shares of the industrial products company's stock valued at $235,000 after acquiring an additional 147 shares during the period. Institutional investors and hedge funds own 95.27% of the company's stock.

Insider Transactions at Ingersoll Rand

In other Ingersoll Rand news, insider Elizabeth Meloy Hepding sold 3,500 shares of the 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 in the company, valued at approximately $920,407.08. This represents a 24.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Vicente Reynal sold 38,657 shares of the stock in a transaction dated Tuesday, May 20th. The shares were sold at an average price of $83.03, for a total transaction of $3,209,690.71. Following the completion of the sale, the insider owned 193,186 shares of the company's stock, valued at approximately $16,040,233.58. The trade was a 16.67% decrease in their position. The disclosure for this sale can be found here. 0.59% of the stock is currently owned by corporate insiders.

Ingersoll Rand Dividend Announcement

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

Ingersoll Rand declared that its Board of Directors has initiated a stock buyback 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 buy up to 3.3% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's leadership believes its stock is undervalued.

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.