NYSE:IR - Ingersoll-Rand Stock Price, Price Target & More

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

Ingersoll-Rand declared a quarterly dividend on Monday, June 11th. Stockholders of record on Friday, September 7th will be paid a dividend of $0.53 per share on Friday, September 28th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.31%. The ex-dividend date of this dividend is Thursday, September 6th. This is a boost from Ingersoll-Rand's previous quarterly dividend of $0.45. View Ingersoll-Rand's Dividend History.

Ingersoll-Rand announced that its Board of Directors has initiated a stock repurchase program on Sunday, April 9th 2017, which allows the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 7.1% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board of directors believes its shares are undervalued.

Ingersoll-Rand PLC (NYSE:IR) announced its quarterly earnings results on Wednesday, April, 25th. The industrial products company reported $0.70 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.62 by $0.08. The industrial products company earned $3.39 billion during the quarter, compared to analysts' expectations of $3.19 billion. Ingersoll-Rand had a net margin of 8.96% and a return on equity of 17.03%. The company's revenue for the quarter was up 12.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.57 EPS. View Ingersoll-Rand's Earnings History.

Ingersoll-Rand is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Ingersoll-Rand.

15 equities research analysts have issued 12-month price targets for Ingersoll-Rand's stock. Their forecasts range from $96.00 to $115.00. On average, they anticipate Ingersoll-Rand's share price to reach $104.6667 in the next twelve months. This suggests a possible upside of 14.0% from the stock's current price. View Analyst Ratings for Ingersoll-Rand.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ingersoll-Rand in the last year. There are currently 6 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Ingersoll-Rand include SUEZ/ADR (SZEVY), Fujitsu General (FGELF), LYNAS Corp Ltd/S (LYSDY), Profire Energy (PFIE) and Telkonet (TKOI).

Headlines about IR stock have been trending somewhat positive on Monday, according to Accern. The research firm scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ingersoll-Rand earned a media sentiment score of 0.17 on Accern's scale. They also assigned press coverage about the industrial products company an impact score of 45.04 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Ingersoll-Rand's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.22%), Cambiar Investors LLC (0.16%), Fenimore Asset Management Inc. (0.12%), Retirement Systems of Alabama (0.12%), Mckinley Capital Management LLC Delaware (0.05%) and Assenagon Asset Management S.A. (0.05%). Company insiders that own Ingersoll-Rand stock include Didier P Teirlinck, Gary S Michel, Jared L Cohon, Keith A Sultana, Marcia J Avedon, Michael W Lamach, Paul A Camuti, Richard J Swift and Robert Zafari. View Institutional Ownership Trends for Ingersoll-Rand.

IR stock was sold by a variety of institutional investors in the last quarter, including Sit Investment Associates Inc., Pendal Group Ltd, Mckinley Capital Management LLC Delaware, Hartford Investment Management Co., Bank of Montreal Can, Municipal Employees Retirement System of Michigan, Whittier Trust Co. and Retirement Systems of Alabama. Company insiders that have sold Ingersoll-Rand company stock in the last year include Didier P Teirlinck, Jared L Cohon, Marcia J Avedon, Michael W Lamach, Paul A Camuti and Richard J Swift. View Insider Buying and Selling for Ingersoll-Rand.

IR stock was purchased by a variety of institutional investors in the last quarter, including Cambiar Investors LLC, Assenagon Asset Management S.A., Manning & Napier Group LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Exane Derivatives, Nisa Investment Advisors LLC, Cornerstone Wealth Management LLC and Fenimore Asset Management Inc.. 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, Scottrade, Fidelity and Charles Schwab.

One share of IR stock can currently be purchased for approximately $91.80.

Ingersoll-Rand has a market capitalization of $22.76 billion and generates $14.20 billion in revenue each year. The industrial products company earns $1.30 billion in net income (profit) each year or $4.51 on an earnings per share basis. Ingersoll-Rand employs 46,000 workers across the globe.

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]