Stratos Wealth Partners LTD. Has $564,000 Stake in Ingersoll Rand Inc. (NYSE:IR)

Stratos Wealth Partners LTD. boosted its holdings in Ingersoll Rand Inc. (NYSE:IR) by 10.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,233 shares of the industrial products company’s stock after buying an additional 576 shares during the period. Stratos Wealth Partners LTD.’s holdings in Ingersoll Rand were worth $564,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IR. Chicago Partners Investment Group LLC raised its position in shares of Ingersoll Rand by 4.7% in the 4th quarter. Chicago Partners Investment Group LLC now owns 2,438 shares of the industrial products company’s stock valued at $218,000 after acquiring an additional 109 shares during the period. Kanawha Capital Management LLC increased its stake in Ingersoll Rand by 2.4% in the third quarter. Kanawha Capital Management LLC now owns 5,096 shares of the industrial products company’s stock valued at $500,000 after purchasing an additional 119 shares in the last quarter. Opal Wealth Advisors LLC raised its holdings in Ingersoll Rand by 6.0% in the third quarter. Opal Wealth Advisors LLC now owns 2,145 shares of the industrial products company’s stock worth $211,000 after purchasing an additional 121 shares during the period. UMB Bank n.a. boosted its position in shares of Ingersoll Rand by 27.0% during the fourth quarter. UMB Bank n.a. now owns 598 shares of the industrial products company’s stock worth $54,000 after purchasing an additional 127 shares in the last quarter. Finally, RDA Financial Network grew its holdings in shares of Ingersoll Rand by 3.1% in the 4th quarter. RDA Financial Network now owns 4,324 shares of the industrial products company’s stock valued at $391,000 after buying an additional 128 shares during the period. 95.27% of the stock is owned by institutional investors.

Ingersoll Rand Stock Down 0.0 %

Shares of IR opened at $92.14 on Wednesday. The company has a market cap of $37.13 billion, a P/E ratio of 44.95, a P/E/G ratio of 3.66 and a beta of 1.43. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.36 and a quick ratio of 1.71. The firm has a 50 day simple moving average of $93.78 and a two-hundred day simple moving average of $95.36. Ingersoll Rand Inc. has a one year low of $83.72 and a one year high of $106.03.

Analyst Upgrades and Downgrades

Several brokerages have commented on IR. Robert W. Baird dropped their target price on shares of Ingersoll Rand from $114.00 to $109.00 and set an “outperform” rating on the stock in a report on Monday, November 4th. Barclays cut their price objective on shares of Ingersoll Rand from $120.00 to $115.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 8th. Wells Fargo & Company lowered their target price on Ingersoll Rand from $115.00 to $105.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. UBS Group assumed coverage on Ingersoll Rand in a report on Wednesday, November 13th. They issued a “buy” rating and a $124.00 price target on the stock. Finally, Citigroup decreased their price objective on Ingersoll Rand from $119.00 to $115.00 and set a “buy” rating for the company in a report on Monday, January 13th. Seven equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $105.92.

Ingersoll Rand 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.