Insider Selling: Ingersoll Rand (NYSE:IR) Insider Sells 118,044 Shares of Stock

Ingersoll Rand Inc. (NYSE:IR) insider Vicente Reynal sold 118,044 shares of the business’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $94.11, for a total value of $11,109,120.84. Following the completion of the sale, the insider owned 209,534 shares in the company, valued at approximately $19,719,244.74. This trade represents a 36.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Vicente Reynal also recently made the following trade(s):

• On Wednesday, February 18th, Vicente Reynal sold 900 shares of Ingersoll Rand stock. The shares were sold at an average price of $100.00, for a total value of $90,000.00.
• On Tuesday, February 17th, Vicente Reynal sold 36,482 shares of Ingersoll Rand stock. The shares were sold at an average price of $97.50, for a total value of $3,556,995.00.
• On Friday, February 13th, Vicente Reynal sold 55,870 shares of Ingersoll Rand stock. The stock was sold at an average price of $100.39, for a total value of $5,608,789.30.
• On Wednesday, February 11th, Vicente Reynal sold 440 shares of Ingersoll Rand stock. The stock was sold at an average price of $100.00, for a total transaction of $44,000.00.
• On Wednesday, February 4th, Vicente Reynal sold 90,281 shares of Ingersoll Rand stock. The shares were sold at an average price of $97.92, for a total transaction of $8,840,315.52.
• On Tuesday, February 3rd, Vicente Reynal sold 9,719 shares of Ingersoll Rand stock. The stock was sold at an average price of $94.00, for a total transaction of $913,586.00.
• On Friday, January 16th, Vicente Reynal sold 191,000 shares of Ingersoll Rand stock. The shares were sold at an average price of $88.12, for a total transaction of $16,830,920.00.

Ingersoll Rand Stock Up 0.3%

IR stock traded up $0.32 during midday trading on Wednesday, hitting $91.86. The company’s stock had a trading volume of 2,608,857 shares, compared to its average volume of 4,119,981. The company’s fifty day moving average price is $89.35 and its 200 day moving average price is $82.81. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.06 and a quick ratio of 1.49. Ingersoll Rand Inc. has a twelve month low of $65.61 and a twelve month high of $100.96. The stock has a market capitalization of $35.97 billion, a P/E ratio of 63.35, a PEG ratio of 5.80 and a beta of 1.29.

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

Ingersoll Rand Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Barclays boosted their target price on shares of Ingersoll Rand from $91.00 to $111.00 and gave the stock an “overweight” rating in a report on Tuesday, February 17th. Robert W. Baird set a $115.00 price objective on shares of Ingersoll Rand in a research note on Tuesday, February 17th. Zacks Research upgraded shares of Ingersoll Rand from a “strong sell” rating to a “hold” rating in a research note on Friday, December 12th. Stifel Nicolaus boosted their price target on Ingersoll Rand from $87.00 to $101.00 and gave the stock a “hold” rating in a research report on Tuesday, February 17th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Ingersoll Rand in a research note on Monday, December 29th. Four analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Ingersoll Rand presently has an average rating of “Hold” and an average target price of $101.86.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of IR. Reflection Asset Management acquired a new stake in Ingersoll Rand during the fourth quarter worth approximately $31,000. Groupama Asset Managment grew its position in shares of Ingersoll Rand by 1.7% in the fourth quarter. Groupama Asset Managment now owns 8,146 shares of the industrial products company’s stock valued at $645,000 after purchasing an additional 140 shares during the last quarter. MidFirst Bank bought a new position in shares of Ingersoll Rand during the fourth quarter worth approximately $40,000. T. Rowe Price Investment Management Inc. lifted its holdings in Ingersoll Rand by 18.6% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 21,791,309 shares of the industrial products company’s stock worth $1,726,308,000 after purchasing an additional 3,423,501 shares during the last quarter. Finally, Compound Planning Inc. boosted its stake in Ingersoll Rand by 14.2% in the 4th quarter. Compound Planning Inc. now owns 3,154 shares of the industrial products company’s stock valued at $250,000 after purchasing an additional 391 shares during the period. Institutional investors and hedge funds 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.