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 declared a quarterly dividend on Thursday, February 6th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend is Thursday, March 12th. View Ingersoll-Rand's Dividend History.

Ingersoll-Rand announced that its Board of Directors has initiated a stock repurchase program on Wednesday, October 3rd 2018, which authorizes the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 6% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its stock is undervalued.

Ingersoll-Rand PLC (NYSE:IR) issued its quarterly earnings results on Wednesday, January, 29th. The industrial products company reported $1.40 earnings per share for the quarter, missing analysts' consensus estimates of $1.42 by $0.02. The industrial products company earned $4.15 billion during the quarter, compared to analyst estimates of $4.16 billion. Ingersoll-Rand had a return on equity of 21.72% and a net margin of 8.50%. The firm's quarterly revenue was up 6.6% compared to the same quarter last year. During the same period last year, the business earned $1.32 earnings per share. View Ingersoll-Rand's Earnings History.

Ingersoll-Rand is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Ingersoll-Rand.

15 brokers have issued twelve-month price targets for Ingersoll-Rand's stock. Their forecasts range from $122.00 to $154.00. On average, they anticipate Ingersoll-Rand's share price to reach $139.13 in the next year. This suggests that the stock has a possible downside of 4.0%. View Analyst Price Targets for Ingersoll-Rand.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ingersoll-Rand in the last year. There are currently 4 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ingersoll-Rand.

News stories about IR stock have trended positive this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog 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 media sentiment score of 2.6 on InfoTrie's scale. They also assigned news articles about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Ingersoll-Rand.

Ingersoll-Rand saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 2,890,000 shares, an increase of 7.8% from the January 15th total of 2,680,000 shares. Based on an average daily trading volume, of 1,320,000 shares, the short-interest ratio is currently 2.2 days. Approximately 1.2% 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), Graco (GGG), Snap-on (SNA), Gardner Denver (GDI), Pentair (PNR), Woodward, Inc.Common Stock (WWD), Donaldson (DCI), Middleby (MIDD) and ITT (ITT).

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

Ingersoll-Rand's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include State Street Corp (4.57%), Massachusetts Financial Services Co. MA (2.81%), FMR LLC (2.72%), Bank of America Corp DE (1.78%), Bank of New York Mellon Corp (1.75%) and Victory Capital Management Inc. (1.11%). 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 Victory Capital Management Inc., UBS Asset Management Americas Inc., Amundi Pioneer Asset Management Inc., First Trust Advisors LP, PGGM Investments, AQR Capital Management LLC, Retirement Systems of Alabama and Massachusetts Financial Services Co. MA. 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 Investec Asset Management LTD, Janus Henderson Group PLC, Standard Life Aberdeen plc, FMR LLC, Alyeska Investment Group L.P., Marshall Wace North America L.P., Bank of New York Mellon Corp and Artisan Partners Limited Partnership. 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 $144.97.

Ingersoll-Rand has a market capitalization of $34.55 billion and generates $16.60 billion in revenue each year. The industrial products company earns $1.41 billion in net income (profit) each year or $6.37 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]