Q4 EPS Estimates for Ingersoll Rand Decreased by Analyst

Ingersoll Rand Inc. (NYSE:IR) – Investment analysts at Zacks Research decreased their Q4 2024 earnings estimates for Ingersoll Rand in a report issued on Wednesday, November 27th. Zacks Research analyst A. Bhattacharjee now expects that the industrial products company will earn $0.81 per share for the quarter, down from their prior estimate of $0.82. The consensus estimate for Ingersoll Rand’s current full-year earnings is $3.21 per share. Zacks Research also issued estimates for Ingersoll Rand’s Q2 2025 earnings at $0.80 EPS, Q3 2025 earnings at $0.86 EPS, Q4 2025 earnings at $0.93 EPS, Q1 2026 earnings at $0.77 EPS and FY2026 earnings at $3.61 EPS.

Several other research firms have also recently issued reports on IR. Stifel Nicolaus cut shares of Ingersoll Rand from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $112.00 to $107.00 in a research report on Monday, November 18th. Wolfe Research raised Ingersoll Rand to a “hold” rating in a report on Friday, September 20th. Robert W. Baird dropped their price objective on Ingersoll Rand from $114.00 to $109.00 and set an “outperform” rating on the stock in a report on Monday, November 4th. Cfra boosted their target price on Ingersoll Rand from $85.00 to $95.00 and gave the stock a “hold” rating in a research note on Friday, October 4th. Finally, Wells Fargo & Company increased their price target on shares of Ingersoll Rand from $100.00 to $110.00 and gave the company an “overweight” rating in a research note on Monday, October 7th. Seven analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $103.83.

Ingersoll Rand Stock Up 0.1 %

Shares of Ingersoll Rand stock opened at $104.17 on Monday. Ingersoll Rand has a 52-week low of $69.51 and a 52-week high of $106.03. The company has a 50 day moving average of $100.18 and a 200 day moving average of $95.17. The company has a quick ratio of 1.71, a current ratio of 2.36 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $41.98 billion, a P/E ratio of 50.81, a P/E/G ratio of 3.95 and a beta of 1.42.

Ingersoll Rand Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Thursday, November 14th will be given a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a yield of 0.08%. The ex-dividend date of this dividend is Thursday, November 14th. Ingersoll Rand’s payout ratio is currently 3.90%.

Insider Buying and Selling at Ingersoll Rand

In other news, CAO Michael J. Scheske sold 2,531 shares of the company’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $97.44, for a total transaction of $246,620.64. Following the completion of the sale, the chief accounting officer now owns 11,910 shares in the company, valued at $1,160,510.40. This represents a 17.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.68% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Ingersoll Rand

Institutional investors have recently bought and sold shares of the company. Franklin Resources Inc. boosted its holdings in Ingersoll Rand by 2.5% in the 3rd quarter. Franklin Resources Inc. now owns 11,597,321 shares of the industrial products company’s stock valued at $1,207,554,000 after purchasing an additional 278,710 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Ingersoll Rand in the third quarter valued at approximately $562,000. Sanctuary Advisors LLC grew its holdings in Ingersoll Rand by 100.2% during the third quarter. Sanctuary Advisors LLC now owns 22,223 shares of the industrial products company’s stock worth $2,311,000 after acquiring an additional 11,124 shares during the period. Pine Valley Investments Ltd Liability Co raised its position in Ingersoll Rand by 11.3% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 3,043 shares of the industrial products company’s stock worth $299,000 after acquiring an additional 309 shares in the last quarter. Finally, Virtu Financial LLC acquired a new stake in Ingersoll Rand in the third quarter valued at $864,000. 95.27% of the stock is owned by institutional investors and hedge funds.

Ingersoll Rand Company Profile

Ingersoll Rand Inc provides various mission-critical air, gas, liquid, and solid flow creation technologies services and solutions worldwide. It operates through two segments, Industrial Technologies and Services, and Precision and Science Technologies. The Industrial Technologies and Services segment designs, manufactures, markets, and services air and gas compression, vacuum, and blower products; fluid transfer equipment and loading systems; and power tools and lifting equipment, including associated aftermarket parts, consumables, air treatment equipment, controls, other accessories, and services under the under the Ingersoll Rand, Gardner Denver, Nash, CompAir, Elmo Rietschle brands, etc.