NYSE:IRIngersoll-Rand Stock Price, Forecast & News

Ingersoll-Rand's stock was trading at $23.49 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, IR stock has increased by 44.3% and is now trading at $33.90.
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18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ingersoll-Rand in the last year. There are currently 8 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Ingersoll-Rand.

Ingersoll-Rand is scheduled to release its next quarterly earnings announcement on Monday, October 26th 2020.
View our earnings forecast for Ingersoll-Rand.

Ingersoll-Rand PLC (NYSE:IR) released its quarterly earnings data on Monday, August, 3rd. The industrial products company reported $0.31 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.19 by $0.12. The industrial products company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.16 billion. Ingersoll-Rand had a negative return on equity of 2.80% and a negative net margin of 4.51%. The firm's revenue was up 101.0% on a year-over-year basis. During the same quarter last year, the company earned $0.43 earnings per share.
View Ingersoll-Rand's earnings history.

Ingersoll-Rand declared a quarterly dividend on Thursday, February 6th. Shareholders of record on Friday, March 13th will be given a dividend of $0.53 per share on Tuesday, March 31st. This represents a $2.12 annualized dividend and a dividend yield of 6.25%. The ex-dividend date of this dividend is Thursday, March 12th.
View Ingersoll-Rand's dividend history.

Ingersoll-Rand declared that its board has approved a share repurchase program on Wednesday, October 3rd 2018, which permits the company to repurchase $1,500,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 6% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board believes its stock is undervalued.

18 brokers have issued twelve-month price targets for Ingersoll-Rand's shares. Their forecasts range from $28.00 to $160.00. On average, they anticipate Ingersoll-Rand's stock price to reach $77.71 in the next year. This suggests a possible upside of 129.2% from the stock's current price.
View analysts' price targets for Ingersoll-Rand.

Media headlines about IR stock have been trending very positive on Saturday, InfoTrie reports. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ingersoll-Rand earned a media sentiment score of 4.0 on InfoTrie's scale. They also gave news stories about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future.
View the latest news about Ingersoll-Rand.

Some companies that are related to Ingersoll-Rand include Illinois Tool Works (ITW), Stanley Black & Decker (SWK), Parker-Hannifin (PH), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Pentair (PNR), Gardner Denver (GDI), Donaldson (DCI), Lincoln Electric (LECO), Middleby (MIDD) and ITT (ITT).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Ingersoll-Rand investors own include Home Depot (HD), NVIDIA (NVDA), Bank of America (BAC), AT&T (T), CVS Health (CVS), Intel (INTC), Johnson & Johnson (JNJ), Walt Disney (DIS), Verizon Communications (VZ) and Procter & Gamble (PG).

Ingersoll-Rand trades on the New York Stock Exchange (NYSE) under the ticker symbol "IR."

Ingersoll-Rand's stock is owned by a variety of institutional and retail investors. Top institutional investors include Viking Global Investors LP (2.44%), Sumitomo Mitsui Trust Holdings Inc. (0.37%), Swiss National Bank (0.34%), GW&K Investment Management LLC (0.29%), New York State Common Retirement Fund (0.25%) and Douglas Lane & Associates LLC (0.18%). Company insiders that own Ingersoll-Rand stock include Andrew R Schiesl, Christopher J Kuehn, David S Regnery, Evan M Turtz, Jared L Cohon, Keith A Sultana, Kkr Group Partnership LP, Marcia J Avedon, Michael W Lamach, Paul A Camuti, Susan K Carter and Vicente Reynal.
View institutional ownership trends for Ingersoll-Rand.

IR stock was sold by a variety of institutional investors in the last quarter, including Viking Global Investors LP, DNB Asset Management AS, First Trust Advisors LP, Peregrine Capital Management LLC, Trillium Asset Management LLC, Sumitomo Mitsui Trust Holdings Inc., Oregon Public Employees Retirement Fund, and Raymond James & Associates. Company insiders that have sold Ingersoll-Rand company stock in the last year include Andrew R Schiesl, David S Regnery, Evan M Turtz, Keith A Sultana, Kkr Group Partnership LP, Marcia J Avedon, Michael W Lamach, Paul A Camuti, and Vicente Reynal.
View insider buying and selling activity for Ingersoll-Rand.

IR stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., State of Alaska Department of Revenue, Greenhouse Funds LLLP, LGT Capital Partners LTD., Douglas Lane & Associates LLC, Strs Ohio, State Board of Administration of Florida Retirement System, and Gulf International Bank UK Ltd.
View insider buying and selling activity for Ingersoll-Rand.

Shares of IR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of IR stock can currently be purchased for approximately $33.90.

Ingersoll-Rand has a market capitalization of $14.14 billion and generates $2.45 billion in revenue each year. The industrial products company earns $159.10 million in net income (profit) each year or $0.76 on an earnings per share basis. Ingersoll-Rand employs 6,600 workers across the globe.

The official website for Ingersoll-Rand is www.irco.com.

Ingersoll-Rand's mailing address is 800-A BEATY STREET, DAVIDSON NC, 28036. The industrial products company can be reached via phone at 704-655-4000.