Zacks Research Lowers Earnings Estimates for Ingersoll Rand

Ingersoll Rand Inc. (NYSE:IR) – Equities researchers at Zacks Research dropped their Q1 2025 earnings per share estimates for Ingersoll Rand in a research note issued on Monday, February 10th. Zacks Research analyst A. Bhattacharjee now forecasts that the industrial products company will post earnings per share of $0.73 for the quarter, down from their previous estimate of $0.75. The consensus estimate for Ingersoll Rand’s current full-year earnings is $3.20 per share. Zacks Research also issued estimates for Ingersoll Rand’s FY2025 earnings at $3.29 EPS, Q3 2026 earnings at $0.91 EPS and Q4 2026 earnings at $0.99 EPS.

Several other research analysts have also commented on the company. UBS Group initiated coverage on Ingersoll Rand in a research report on Wednesday, November 13th. They set a “buy” rating and a $124.00 price target for the company. Robert W. Baird lowered their price target on Ingersoll Rand from $114.00 to $109.00 and set an “outperform” rating for the company in a research report on Monday, November 4th. The Goldman Sachs Group raised their price target on Ingersoll Rand from $109.00 to $121.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Citigroup lowered their price target on Ingersoll Rand from $119.00 to $115.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Finally, Stifel Nicolaus lowered their price target on Ingersoll Rand from $107.00 to $100.00 and set a “hold” rating for the company in a research report on Friday, January 24th. Seven research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Ingersoll Rand has an average rating of “Moderate Buy” and an average price target of $105.92.

Ingersoll Rand Trading Up 1.3 %

Shares of Ingersoll Rand stock opened at $92.57 on Thursday. The firm has a market capitalization of $37.31 billion, a price-to-earnings ratio of 45.16, a PEG ratio of 3.66 and a beta of 1.43. Ingersoll Rand has a fifty-two week low of $83.72 and a fifty-two week high of $106.03. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.71 and a current ratio of 2.36. The stock has a 50 day moving average of $93.29 and a 200 day moving average of $95.29.

Ingersoll Rand (NYSE:IR) last posted its quarterly earnings results on Thursday, February 13th. The industrial products company reported $0.81 EPS for the quarter, missing the consensus estimate of $0.85 by ($0.04). Ingersoll Rand had a net margin of 11.72% and a return on equity of 13.01%.

Institutional Trading of Ingersoll Rand

Hedge funds and other institutional investors have recently made changes to their positions in the company. Ashton Thomas Securities LLC purchased a new position in shares of Ingersoll Rand during the third quarter worth about $34,000. Murphy & Mullick Capital Management Corp purchased a new position in shares of Ingersoll Rand during the fourth quarter worth about $36,000. OFI Invest Asset Management purchased a new position in shares of Ingersoll Rand during the fourth quarter worth about $38,000. Eastern Bank purchased a new position in shares of Ingersoll Rand during the third quarter worth about $42,000. Finally, Lee Danner & Bass Inc. purchased a new position in shares of Ingersoll Rand during the fourth quarter worth about $42,000. Institutional investors and hedge funds own 95.27% of the company’s stock.

Ingersoll Rand Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Wednesday, March 5th will be given a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.09%. The ex-dividend date of this dividend is Wednesday, March 5th. Ingersoll Rand’s dividend payout ratio (DPR) is currently 3.90%.

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.