Ingersoll-Rand Stock Price, News & Analysis (NYSE:IR)

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

Ingersoll-Rand announced a quarterly dividend on Tuesday, June 4th. Stockholders of record on Friday, September 6th will be paid a dividend of $0.53 per share on Monday, September 30th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date of this dividend is Thursday, September 5th. View Ingersoll-Rand's Dividend History.

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

Ingersoll-Rand PLC (NYSE:IR) announced its quarterly earnings data on Tuesday, July, 30th. The industrial products company reported $2.09 EPS for the quarter, topping the consensus estimate of $2.06 by $0.03. The industrial products company earned $4.53 billion during the quarter, compared to the consensus estimate of $4.57 billion. Ingersoll-Rand had a net margin of 8.89% and a return on equity of 20.97%. The business's quarterly revenue was up 3.9% on a year-over-year basis. During the same period last year, the company earned $1.85 earnings per share. View Ingersoll-Rand's Earnings History.

Ingersoll-Rand is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Ingersoll-Rand.

Ingersoll-Rand issued an update on its FY19 earnings guidance on Tuesday, July, 30th. The company provided EPS guidance of $6.35-6.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.39.

15 brokers have issued twelve-month price targets for Ingersoll-Rand's shares. Their predictions range from $106.00 to $140.00. On average, they anticipate Ingersoll-Rand's stock price to reach $129.0354 in the next year. This suggests a possible upside of 4.8% from the stock's current price. 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 3 hold ratings and 12 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 negative recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of 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 -2.9 on InfoTrie's scale. They also assigned media headlines about the industrial products company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Ingersoll-Rand.

Ingersoll-Rand saw a decrease in short interest during the month of August. As of August 31st, there was short interest totalling 1,983,300 shares, a decrease of 19.4% from the July 31st total of 2,461,300 shares. Based on an average daily trading volume, of 1,330,000 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.8% of the shares of the company are short sold. View Ingersoll-Rand's Current Options Chain.

Some companies that are related to Ingersoll-Rand include Siemens (SIEGY), Caterpillar (CAT), Bouygues (BOUYF), Deere & Company (DE), SCHNEIDER ELEC /ADR (SBGSY), Illinois Tool Works (ITW), ABB (ABB), Emerson Electric (EMR), ATLAS COPCO AB/S (ATLKY), Roper Technologies (ROP), FANUC LTD JAPAN/ADR (FANUY), Eaton (ETN), Johnson Controls International (JCI), Mitsui & Co Ltd (MITSY) and MURATA MFG CO L/ADR (MRAAY).

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

Ingersoll-Rand's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.38%), BlackRock Inc. (6.97%), BlackRock Inc. (6.97%), Nuveen Asset Management LLC (2.38%), JPMorgan Chase & Co. (1.91%) and Invesco Ltd. (1.87%). 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 BlackRock Inc., BlackRock Inc., Invesco Ltd., Quest Capital Management Inc. ADV, Generation Investment Management LLP, First Trust Advisors LP, Holocene Advisors LP and Beutel Goodman & Co Ltd.. 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 purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, UBS Asset Management Americas Inc., JPMorgan Chase & Co., Suvretta Capital Management LLC, AQR Capital Management LLC, Bank of New York Mellon Corp, Balyasny Asset Management LLC and Bank of America Corp DE. 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 $123.15.

Ingersoll-Rand has a market capitalization of $29.75 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]