Capital International Ltd. CA Buys 65,236 Shares of Ingersoll Rand Inc. $IR

Capital International Ltd. CA boosted its stake in shares of Ingersoll Rand Inc. (NYSE:IR) by 43.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 214,251 shares of the industrial products company’s stock after purchasing an additional 65,236 shares during the period. Capital International Ltd. CA owned about 0.05% of Ingersoll Rand worth $17,701,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Nordea Investment Management AB increased its stake in shares of Ingersoll Rand by 12.3% in the third quarter. Nordea Investment Management AB now owns 2,018,638 shares of the industrial products company’s stock worth $165,811,000 after purchasing an additional 220,815 shares in the last quarter. National Pension Service lifted its stake in shares of Ingersoll Rand by 2.7% in the 3rd quarter. National Pension Service now owns 617,981 shares of the industrial products company’s stock valued at $51,058,000 after purchasing an additional 16,084 shares during the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new stake in Ingersoll Rand during the 2nd quarter valued at $8,375,000. Fisher Asset Management LLC raised its stake in shares of Ingersoll Rand by 0.6% in the second quarter. Fisher Asset Management LLC now owns 6,913,924 shares of the industrial products company’s stock valued at $575,100,000 after acquiring an additional 38,999 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S grew its holdings in Ingersoll Rand by 79.0% during the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 28,411 shares of the industrial products company’s stock valued at $2,347,000 after purchasing an additional 12,539 shares during the last quarter. Institutional investors own 95.27% of the company’s stock.

Ingersoll Rand Stock Up 0.3%

Shares of IR opened at $86.68 on Tuesday. The company’s 50-day simple moving average is $89.96 and its 200-day simple moving average is $83.10. The stock has a market capitalization of $33.95 billion, a PE ratio of 59.78, a P/E/G ratio of 5.34 and a beta of 1.29. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.49 and a current ratio of 2.06. Ingersoll Rand Inc. has a 1 year low of $65.61 and a 1 year high of $100.96.

Ingersoll Rand (NYSE:IR) last issued its earnings results on Thursday, February 12th. The industrial products company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.06. The firm had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.04 billion. Ingersoll Rand had a net margin of 7.60% and a return on equity of 12.62%. The firm’s revenue was up 10.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.84 earnings per share. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. Analysts forecast that Ingersoll Rand Inc. will post 3.32 earnings per share for the current fiscal year.

Ingersoll Rand Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Wednesday, March 4th will be paid a dividend of $0.02 per share. The ex-dividend date is Wednesday, March 4th. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. Ingersoll Rand’s dividend payout ratio is 5.52%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on IR shares. Robert W. Baird set a $115.00 price target on Ingersoll Rand in a report on Tuesday, February 17th. Weiss Ratings reiterated a “hold (c)” rating on shares of Ingersoll Rand in a research note on Monday, December 29th. Barclays raised their price target on shares of Ingersoll Rand from $91.00 to $111.00 and gave the company an “overweight” rating in a report on Tuesday, February 17th. Citigroup boosted their target price on Ingersoll Rand from $94.00 to $98.00 and gave the stock a “buy” rating in a research note on Monday, January 12th. Finally, Stifel Nicolaus boosted their price target on Ingersoll Rand from $87.00 to $101.00 and gave the company a “hold” rating in a research note on Tuesday, February 17th. Four analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Ingersoll Rand currently has an average rating of “Hold” and a consensus target price of $101.86.

Insider Transactions at Ingersoll Rand

In other Ingersoll Rand news, insider Vicente Reynal sold 191,000 shares of the business’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $88.12, for a total value of $16,830,920.00. Following the transaction, the insider directly owned 193,186 shares of the company’s stock, valued at approximately $17,023,550.32. The trade was a 49.72% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Elizabeth Meloy Hepding sold 18,246 shares of the firm’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $97.11, for a total transaction of $1,771,869.06. Following the completion of the sale, the insider owned 16,200 shares of the company’s stock, valued at $1,573,182. This trade represents a 52.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 584,771 shares of company stock worth $54,976,547 over the last three months. 0.68% of the stock is currently owned by company insiders.

Ingersoll Rand Profile

Ingersoll Rand is a diversified industrial company that designs, manufactures and services a wide range of equipment and technologies for commercial, industrial and OEM customers. Its product portfolio includes air compressors and compressed air systems, pneumatic and cordless power tools, material handling and lifting equipment, fluid transfer and pumping solutions, and associated aftermarket parts and service offerings. The company’s products support applications across manufacturing, construction, transportation, oil and gas, mining and general industrial markets.

Ingersoll Rand sells through a combination of direct sales, distributor networks and service channels, delivering both capital equipment and recurring aftermarket revenue from parts, maintenance and service contracts.