Swedbank AB Has $197.43 Million Stock Holdings in Ingersoll Rand Inc. $IR

07 Jul 2026, 16:55 by Sarita Garza · The Markets Daily

Swedbank AB trimmed its holdings in Ingersoll Rand Inc. (NYSE:IR – Free Report) by 36.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,464,233 shares of the industrial products company’s stock after selling 1,414,116 shares during the period. Swedbank AB’s holdings in Ingersoll Rand were worth $197,434,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in IR. Capital International Investors raised its holdings in shares of Ingersoll Rand by 18.5% in the 3rd quarter. Capital International Investors now owns 50,002,133 shares of the industrial products company’s stock worth $4,131,157,000 after acquiring an additional 7,816,194 shares during the last quarter. Norges Bank acquired a new position in Ingersoll Rand during the 4th quarter valued at about $407,915,000. Capital World Investors increased its holdings in Ingersoll Rand by 19.2% during the 3rd quarter. Capital World Investors now owns 31,787,657 shares of the industrial products company’s stock worth $2,626,296,000 after purchasing an additional 5,110,668 shares in the last quarter. T. Rowe Price Investment Management Inc. raised its stake in shares of Ingersoll Rand by 18.6% in the fourth 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, Capital Research Global Investors raised its stake in shares of Ingersoll Rand by 14.3% in the third quarter. Capital Research Global Investors now owns 19,254,676 shares of the industrial products company’s stock worth $1,590,818,000 after purchasing an additional 2,406,183 shares during the last quarter. 95.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Citigroup cut their target price on Ingersoll Rand from $113.00 to $109.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. Wells Fargo & Company lowered their price target on Ingersoll Rand from $90.00 to $88.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Robert W. Baird set a $103.00 price objective on Ingersoll Rand in a research note on Thursday, April 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ingersoll Rand in a report on Wednesday, June 24th. Finally, Barclays reduced their target price on shares of Ingersoll Rand from $100.00 to $95.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Four research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Ingersoll Rand presently has a consensus rating of “Hold” and a consensus target price of $92.75.

Check Out Our Latest Research Report on IR

Ingersoll Rand Stock Performance

Shares of NYSE IR traded down $2.84 during midday trading on Tuesday, reaching $77.79. The company’s stock had a trading volume of 653,439 shares, compared to its average volume of 3,880,774. Ingersoll Rand Inc. has a 12-month low of $68.07 and a 12-month high of $100.96. The firm has a 50 day moving average price of $75.58 and a 200-day moving average price of $82.61. The stock has a market capitalization of $30.44 billion, a P/E ratio of 52.56, a PEG ratio of 5.10 and a beta of 1.17. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.23 and a quick ratio of 1.59.

Ingersoll Rand (NYSE:IR – Get Free Report) last released its earnings results on Tuesday, April 28th. The industrial products company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.03. The company had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.83 billion. Ingersoll Rand had a return on equity of 12.79% and a net margin of 7.54%.Ingersoll Rand’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.72 earnings per share. Ingersoll Rand has set its FY 2026 guidance at 3.450-3.570 EPS. As a group, equities analysts predict that Ingersoll Rand Inc. will post 3.37 earnings per share for the current year.

Ingersoll Rand Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, May 14th were paid a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Thursday, May 14th. Ingersoll Rand’s dividend payout ratio is 5.41%.

Insider Activity

In other news, insider Vicente Reynal sold 30,492 shares of the firm’s stock in a transaction on Monday, April 13th. The stock was sold at an average price of $88.00, for a total transaction of $2,683,296.00. Following the completion of the sale, the insider directly owned 209,534 shares of the company’s stock, valued at $18,438,992. This trade represents a 12.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.49% of the stock is currently owned by corporate insiders.

About Ingersoll Rand

(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.