Royal London Asset Management Ltd. Sells 57,388 Shares of Ingersoll Rand Inc. $IR

31 Aug 2026, 11:56 by Tristan Rich · The Markets Daily

Royal London Asset Management Ltd. lowered its holdings in Ingersoll Rand Inc. (NYSE:IR – Free Report) by 21.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 208,292 shares of the industrial products company’s stock after selling 57,388 shares during the quarter. Royal London Asset Management Ltd.’s holdings in Ingersoll Rand were worth $17,078,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bell Investment Advisors Inc bought a new position in Ingersoll Rand during the 2nd quarter valued at about $26,000. Deseret Mutual Benefit Administrators raised its holdings in shares of Ingersoll Rand by 46.9% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 351 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 112 shares during the last quarter. Hilton Head Capital Partners LLC purchased a new position in shares of Ingersoll Rand during the fourth quarter valued at approximately $29,000. Reflection Asset Management bought a new position in Ingersoll Rand during the fourth quarter valued at approximately $31,000. Finally, Arax Advisory Partners purchased a new stake in Ingersoll Rand in the fourth quarter worth approximately $35,000. 95.27% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on IR shares. Stifel Nicolaus raised shares of Ingersoll Rand from a “hold” rating to a “buy” rating and set a $101.00 target price for the company in a research report on Monday, August 3rd. Evercore set a $84.00 price objective on Ingersoll Rand in a report on Monday, May 11th. Morgan Stanley set a $87.00 price objective on Ingersoll Rand in a research report on Monday, August 10th. Weiss Ratings raised Ingersoll Rand from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, July 21st. Finally, Wall Street Zen cut Ingersoll Rand from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $96.14.

Read Our Latest Research Report on Ingersoll Rand

Ingersoll Rand Stock Down 0.1%

Shares of IR stock opened at $78.52 on Monday. The company has a current ratio of 1.62, a quick ratio of 1.15 and a debt-to-equity ratio of 0.40. Ingersoll Rand Inc. has a 12 month low of $68.07 and a 12 month high of $100.96. The stock has a market cap of $30.47 billion, a P/E ratio of 32.31, a P/E/G ratio of 4.94 and a beta of 1.17. The company has a 50 day simple moving average of $82.02 and a two-hundred day simple moving average of $81.78.

Ingersoll Rand (NYSE:IR – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The industrial products company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.03. The firm had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.96 billion. Ingersoll Rand had a net margin of 12.08% and a return on equity of 12.90%. The company’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.80 EPS. Ingersoll Rand has set its FY 2026 guidance at 3.570-3.570 EPS. On average, research analysts expect that Ingersoll Rand Inc. will post 3.39 earnings per share for the current year.

Ingersoll Rand Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 13th will be given a dividend of $0.02 per share. The ex-dividend date is Thursday, August 13th. This represents a $0.08 annualized dividend and a yield of 0.1%. Ingersoll Rand’s payout ratio is 3.29%.

Insider Transactions at Ingersoll Rand

In related news, Director Aurobind Satpathy purchased 11,538 shares of Ingersoll Rand stock in a transaction on Monday, August 3rd. The stock was acquired at an average price of $86.68 per share, for a total transaction of $1,000,113.84. Following the completion of the transaction, the director directly owned 11,538 shares in the company, valued at $1,000,113.84. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.49% of the company’s stock.

Ingersoll Rand Profile

(Free Report)

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.