First National Bank of Omaha Purchases New Stake in Ingersoll Rand Inc. $IR

First National Bank of Omaha acquired a new position in shares of Ingersoll Rand Inc. (NYSE:IR) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 37,419 shares of the industrial products company’s stock, valued at approximately $3,092,000.

A number of other large investors have also recently modified their holdings of the business. NewSquare Capital LLC raised its holdings in shares of Ingersoll Rand by 150.7% during the 2nd quarter. NewSquare Capital LLC now owns 341 shares of the industrial products company’s stock worth $28,000 after buying an additional 205 shares in the last quarter. Heartwood Wealth Advisors LLC acquired a new position in Ingersoll Rand during the third quarter worth about $36,000. Grey Fox Wealth Advisors LLC bought a new position in shares of Ingersoll Rand in the third quarter worth about $36,000. Westside Investment Management Inc. boosted its position in Ingersoll Rand by 100.0% in the third quarter. Westside Investment Management Inc. now owns 464 shares of the industrial products company’s stock valued at $39,000 after buying an additional 232 shares in the last quarter. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of Ingersoll Rand during the 2nd quarter valued at $45,000. Institutional investors and hedge funds own 95.27% of the company’s stock.

Ingersoll Rand Stock Performance

Shares of IR stock opened at $97.35 on Thursday. The company has a current ratio of 2.06, a quick ratio of 1.49 and a debt-to-equity ratio of 0.47. Ingersoll Rand Inc. has a 12 month low of $65.61 and a 12 month high of $100.96. The firm has a market capitalization of $38.46 billion, a PE ratio of 67.14, a price-to-earnings-growth ratio of 6.13 and a beta of 1.32. The firm has a fifty day simple moving average of $86.91 and a two-hundred day simple moving average of $81.76.

Ingersoll Rand (NYSE:IR) last released its quarterly 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 the consensus estimate of $2.04 billion. Ingersoll Rand had a return on equity of 12.62% and a net margin of 7.60%.The company’s quarterly revenue was up 10.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.84 EPS. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. Analysts forecast that Ingersoll Rand Inc. will post 3.32 EPS 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 issued a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Wednesday, March 4th. Ingersoll Rand’s payout ratio is currently 5.52%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on IR shares. Zacks Research raised Ingersoll Rand from a “strong sell” rating to a “hold” rating in a research note on Friday, December 12th. Citigroup upped 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. Wells Fargo & Company upped their target price on Ingersoll Rand from $92.00 to $110.00 and gave the company an “overweight” rating in a report on Tuesday. Barclays boosted their target price on shares of Ingersoll Rand from $91.00 to $111.00 and gave the company an “overweight” rating in a report on Tuesday. 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. Four investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Ingersoll Rand has an average rating of “Hold” and a consensus price target of $101.86.

Insider Activity

In other Ingersoll Rand news, insider Vicente Reynal sold 191,000 shares of the company’s stock in a transaction dated 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 completion of the sale, the insider directly owned 193,186 shares of the company’s stock, valued at approximately $17,023,550.32. This represents a 49.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Michael J. Scheske sold 1,477 shares of Ingersoll Rand stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $80.63, for a total transaction of $119,090.51. Following the transaction, the chief accounting officer directly owned 12,153 shares in the company, valued at approximately $979,896.39. This represents a 10.84% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 385,269 shares of company stock worth $35,913,696. 0.59% of the stock is owned by corporate insiders.

Key Ingersoll Rand News

Here are the key news stories impacting Ingersoll Rand this week:

• Positive Sentiment: Stifel Nicolaus raised its price target on IR from $87 to $101 and kept a “hold” rating, signaling modest upside vs. the current share level and providing a small supportive analyst datapoint. Stifel Raises PT on Ingersoll Rand
• Neutral Sentiment: Ingersoll Rand presented at Barclays’ 43rd Annual Industrial Select Conference — a transcript is available; investor reaction will depend on any incremental management commentary on demand, margins or guidance (transcript does not by itself change fundamentals). Barclays Conference Transcript
• Neutral Sentiment: Analyst coverage remains mixed overall — one roundup piece highlights divergent views among industrials analysts on IR, and consensus analyst recommendation remains “Hold,” which implies limited near-term catalyst from upgrades/downgrades. Analysts’ Opinions Are Mixed Consensus “Hold” Report
• Negative Sentiment: Significant insider selling by EVP Vicente Reynal: two Form 4 filings show sales of 55,870 shares (Feb. 13 at ~$100.39) and 36,482 shares (Feb. 17 at ~$97.50), reducing his holdings materially and generating roughly $9.2M in proceeds. Large, recent insider sales can weigh on sentiment and may be a primary driver of downward pressure on the stock today. SEC Form 4 Insider Sales

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.