Ingersoll Rand Inc. $IR Shares Purchased by United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund raised its holdings in Ingersoll Rand Inc. (NYSE:IR) by 125.3% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 226,849 shares of the industrial products company’s stock after acquiring an additional 126,163 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings in Ingersoll Rand were worth $18,742,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of IR. AQR Capital Management LLC raised its stake in Ingersoll Rand by 12.7% during the first quarter. AQR Capital Management LLC now owns 37,078 shares of the industrial products company’s stock worth $2,904,000 after purchasing an additional 4,167 shares during the period. NewEdge Advisors LLC grew its stake in shares of Ingersoll Rand by 4.8% during the 1st quarter. NewEdge Advisors LLC now owns 6,168 shares of the industrial products company’s stock valued at $494,000 after buying an additional 282 shares during the period. Empowered Funds LLC grew its stake in shares of Ingersoll Rand by 6.2% during the 1st quarter. Empowered Funds LLC now owns 7,731 shares of the industrial products company’s stock valued at $619,000 after buying an additional 454 shares during the period. Woodline Partners LP acquired a new stake in shares of Ingersoll Rand during the 1st quarter worth $643,000. Finally, Resona Asset Management Co. Ltd. raised its position in shares of Ingersoll Rand by 5.5% in the 2nd quarter. Resona Asset Management Co. Ltd. now owns 136,473 shares of the industrial products company’s stock worth $11,376,000 after buying an additional 7,074 shares during the period. Institutional investors and hedge funds own 95.27% of the company’s stock.

Insider Activity at Ingersoll Rand

In related news, Director John Humphrey sold 4,300 shares of the firm’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $95.90, for a total transaction of $412,370.00. Following the completion of the sale, the director directly owned 23,983 shares of the company’s stock, valued at approximately $2,299,969.70. This trade represents a 15.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Kathleen M. Keene sold 12,000 shares of Ingersoll Rand stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $99.46, for a total transaction of $1,193,520.00. Following the sale, the insider directly owned 3,528 shares in the company, valued at $350,894.88. This trade represents a 77.28% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 584,771 shares of company stock valued at $54,976,547. 0.59% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on IR shares. Citigroup boosted their price target on Ingersoll Rand from $94.00 to $98.00 and gave the company a “buy” rating in a research report on Monday, January 12th. Weiss Ratings restated a “hold (c)” rating on shares of Ingersoll Rand in a report on Monday, December 29th. Robert W. Baird set a $115.00 target price on Ingersoll Rand in a report on Tuesday, February 17th. Wells Fargo & Company increased their target price on shares of Ingersoll Rand from $92.00 to $110.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 17th. Finally, Zacks Research upgraded shares of Ingersoll Rand from a “strong sell” rating to a “hold” rating in a report on Friday, December 12th. Four equities research 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 presently has a consensus rating of “Hold” and a consensus target price of $101.86.

Ingersoll Rand Trading Down 4.3%

Shares of IR opened at $86.58 on Friday. Ingersoll Rand Inc. has a 12 month low of $65.61 and a 12 month high of $100.96. The stock’s 50-day moving average is $89.84 and its two-hundred day moving average is $83.01. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.06 and a quick ratio of 1.49. The stock has a market cap of $33.91 billion, a PE ratio of 59.71, a P/E/G ratio of 5.34 and a beta of 1.29.

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

Ingersoll Rand Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Wednesday, March 4th will be given a $0.02 dividend. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $0.08 annualized dividend and a yield of 0.1%. Ingersoll Rand’s dividend payout ratio (DPR) is 5.52%.

About Ingersoll Rand

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.