NYSE:IR - Ingersoll-Rand Stock Price, Forecast & News

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

Ingersoll-Rand announced a quarterly dividend on Thursday, October 3rd. Stockholders of record on Friday, December 6th will be given a dividend of $0.53 per share on Tuesday, December 31st. This represents a $2.12 annualized dividend and a dividend yield of 1.61%. The ex-dividend date is Thursday, December 5th. View Ingersoll-Rand's Dividend History.

Ingersoll-Rand declared that its board has initiated a share buyback plan on Wednesday, October 3rd 2018, which allows the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 6% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's management believes its stock is undervalued.

Ingersoll-Rand PLC (NYSE:IR) released its quarterly earnings results on Tuesday, October, 29th. The industrial products company reported $1.99 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.91 by $0.08. The industrial products company had revenue of $4.16 billion for the quarter, compared to analyst estimates of $4.30 billion. Ingersoll-Rand had a return on equity of 21.72% and a net margin of 8.38%. Ingersoll-Rand's revenue was up 2.8% compared to the same quarter last year. During the same period last year, the firm posted $1.75 EPS. View Ingersoll-Rand's Earnings History.

Ingersoll-Rand is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Ingersoll-Rand.

Ingersoll-Rand issued an update on its FY19 earnings guidance on Tuesday, October, 29th. The company provided EPS guidance of ~$6.40 for the period, compared to the Thomson Reuters consensus estimate of $6.38.

12 brokerages have issued 1 year price objectives for Ingersoll-Rand's stock. Their forecasts range from $122.00 to $145.00. On average, they anticipate Ingersoll-Rand's stock price to reach $135.00 in the next twelve months. This suggests a possible upside of 2.7% from the stock's current price. View Analyst Price Targets for Ingersoll-Rand.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ingersoll-Rand in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ingersoll-Rand.

Media headlines about IR stock have trended somewhat negative recently, InfoTrie reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ingersoll-Rand earned a coverage optimism score of -1.7 on InfoTrie's scale. They also gave news headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Ingersoll-Rand.

Ingersoll-Rand saw a decrease in short interest in October. As of October 15th, there was short interest totalling 2,340,000 shares, a decrease of 5.6% from the September 15th total of 2,480,000 shares. Based on an average trading volume of 1,200,000 shares, the days-to-cover ratio is presently 2.0 days. Currently, 1.0% of the shares of the company are sold short. View Ingersoll-Rand's Current Options Chain.

Some companies that are related to Ingersoll-Rand include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Snap-on (SNA), Graco (GGG), Pentair (PNR), Woodward, Inc.Common Stock (WWD), Donaldson (DCI), Gardner Denver (GDI), Middleby (MIDD) and Flowserve (FLS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ingersoll-Rand investors own include Home Depot (HD), Intel (INTC), NVIDIA (NVDA), UnitedHealth Group (UNH), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), CVS Health (CVS), Procter & Gamble (PG), Walt Disney (DIS) and Bank of America (BAC).

Ingersoll-Rand's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include State Street Corp (4.54%), Massachusetts Financial Services Co. MA (2.86%), Generation Investment Management LLP (1.19%), Voya Investment Management LLC (1.12%), Parametric Portfolio Associates LLC (0.38%) and Beutel Goodman & Co Ltd. (0.30%). Company insiders that own Ingersoll-Rand stock include Christopher J Kuehn, David S Regnery, Evan M Turtz, Jared L Cohon, Keith A Sultana, Marcia J Avedon, Michael W Lamach, Paul A Camuti and Susan K Carter. View Institutional Ownership Trends for Ingersoll-Rand.

IR stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, State of Tennessee Treasury Department, Voya Investment Management LLC, Nippon Life Global Investors Americas Inc., Assenagon Asset Management S.A., Robeco Institutional Asset Management B.V., Rhumbline Advisers and Man Group plc. Company insiders that have sold Ingersoll-Rand company stock in the last year include Christopher J Kuehn, David S Regnery, Evan M Turtz, Jared L Cohon, Keith A Sultana, Marcia J Avedon, Michael W Lamach, Paul A Camuti and Susan K Carter. View Insider Buying and Selling for Ingersoll-Rand.

IR stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Boston Partners, First Trust Advisors LP, Pictet Asset Management Ltd., Country Trust Bank, Menora Mivtachim Holdings LTD., BB&T Securities LLC and California Public Employees Retirement System. View Insider Buying and Selling 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 $131.51.

Ingersoll-Rand has a market capitalization of $31.51 billion and generates $15.67 billion in revenue each year. The industrial products company earns $1.34 billion in net income (profit) each year or $5.61 on an earnings per share basis. Ingersoll-Rand employs 49,000 workers across the globe.View Additional Information About Ingersoll-Rand.

The official website for Ingersoll-Rand is http://www.company.ingersollrand.com/.

Ingersoll-Rand's mailing address is 170/175 LAKEVIEW DRIVE AIRSIDE BUSINESS PARK SWORDS, DUBLIN L2, 28036. The industrial products company can be reached via phone at 353-01-870-7400 or via email at [email protected]