Ingersoll Rand (NYSE:IR) Raised to Buy at Wall Street Zen

Ingersoll Rand (NYSE:IR) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Saturday.

A number of other equities research analysts also recently commented on IR. Zacks Research upgraded Ingersoll Rand from a “strong sell” rating to a “hold” rating in a research report on Friday, December 12th. Barclays increased their price objective on Ingersoll Rand from $91.00 to $111.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. Robert W. Baird set a $115.00 target price on Ingersoll Rand in a research note on Tuesday, February 17th. Wells Fargo & Company upped their price target on Ingersoll Rand from $92.00 to $110.00 and gave the stock an “overweight” rating in a report on Tuesday, February 17th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ingersoll Rand in a research report on Monday, December 29th. Four investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $101.86.

Ingersoll Rand Trading Up 1.2%

Shares of IR opened at $82.12 on Friday. Ingersoll Rand has a 52-week low of $65.61 and a 52-week high of $100.96. The stock has a market cap of $32.16 billion, a PE ratio of 56.64, a price-to-earnings-growth ratio of 5.07 and a beta of 1.29. The firm’s fifty day moving average is $90.28 and its two-hundred day moving average is $83.19. The company has a quick ratio of 1.49, a current ratio of 2.06 and a debt-to-equity ratio of 0.47.

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

Insiders Place Their Bets

In other Ingersoll Rand news, insider Elizabeth Meloy Hepding sold 18,246 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $97.11, for a total transaction of $1,771,869.06. Following the completion of the transaction, the insider owned 16,200 shares in the company, valued at approximately $1,573,182. This represents a 52.97% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John Humphrey sold 4,300 shares of the stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $95.90, for a total transaction of $412,370.00. Following the transaction, the director directly owned 23,983 shares of the company’s stock, valued at $2,299,969.70. This represents a 15.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 584,771 shares of company stock valued at $54,976,547. 0.68% of the stock is owned by insiders.

Institutional Trading of Ingersoll Rand

Institutional investors have recently added to or reduced their stakes in the stock. Deseret Mutual Benefit Administrators boosted its position in shares of Ingersoll Rand by 46.9% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 351 shares of the industrial products company’s stock worth $28,000 after buying an additional 112 shares in the last quarter. Hilton Head Capital Partners LLC purchased a new position in Ingersoll Rand during the 4th quarter valued at about $29,000. Reflection Asset Management acquired a new position in Ingersoll Rand during the fourth quarter worth about $31,000. Torren Management LLC acquired a new position in Ingersoll Rand during the fourth quarter worth about $32,000. Finally, Salomon & Ludwin LLC lifted its holdings in shares of Ingersoll Rand by 166.9% in the fourth quarter. Salomon & Ludwin LLC now owns 427 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 267 shares in the last quarter. Hedge funds and other institutional investors own 95.27% of the company’s stock.

Ingersoll Rand Company 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.