Dimensional Fund Advisors LP lifted its stake in shares of Ingersoll Rand Inc. (NYSE:IR – Free Report) by 6.9% in the course of the 2nd quarter, HoldingsChannel.com studies. The agency owned 3,462,558 shares of the commercial merchandise firm’s inventory after shopping for an extra 224,463 shares in the course of the quarter. Dimensional Fund Advisors LP’s holdings in Ingersoll Rand have been value $314,549,000 as of its most up-to-date SEC submitting.
A number of different massive traders have additionally modified their holdings of IR. Capital Worldwide Buyers lifted its place in shares of Ingersoll Rand by 113.7% in the course of the first quarter. Capital Worldwide Buyers now owns 26,166,256 shares of the commercial merchandise firm’s inventory value $2,484,486,000 after buying an extra 13,919,775 shares over the past quarter. Capital World Buyers purchased a brand new place in shares of Ingersoll Rand in the course of the first quarter value about $440,401,000. Norges Financial institution purchased a brand new place in shares of Ingersoll Rand in the course of the fourth quarter value about $301,890,000. JPMorgan Chase & Co. lifted its holdings in Ingersoll Rand by 28.4% within the first quarter. JPMorgan Chase & Co. now owns 15,977,246 shares of the commercial merchandise firm’s inventory value $1,517,040,000 after buying an extra 3,535,543 shares over the past quarter. Lastly, Capital Analysis International Buyers lifted its holdings in Ingersoll Rand by 46.6% within the fourth quarter. Capital Analysis International Buyers now owns 9,811,827 shares of the commercial merchandise firm’s inventory value $758,847,000 after buying an extra 3,119,793 shares over the past quarter. Institutional traders personal 95.27% of the corporate’s inventory.
Wall Road Analysts Forecast Development
Numerous equities analysts have issued studies on IR shares. Robert W. Baird raised their goal value on shares of Ingersoll Rand from $109.00 to $115.00 and gave the inventory an “outperform” ranking in a report on Friday, August 2nd. Stifel Nicolaus raised their goal value on shares of Ingersoll Rand from $100.00 to $110.00 and gave the inventory a “purchase” ranking in a report on Thursday, July 18th. Wells Fargo & Firm reduce their goal value on shares of Ingersoll Rand from $102.00 to $100.00 and set an “obese” ranking on the inventory in a report on Friday, August 2nd. Barclays reduce their goal value on shares of Ingersoll Rand from $106.00 to $101.00 and set an “obese” ranking on the inventory in a report on Friday, August 2nd. Lastly, Evercore ISI reduce their goal value on shares of Ingersoll Rand from $93.00 to $88.00 and set an “in-line” ranking on the inventory in a report on Monday, August nineteenth. 5 analysts have rated the inventory with a maintain ranking and eight have assigned a purchase ranking to the inventory. In response to MarketBeat, Ingersoll Rand presently has a median ranking of “Average Purchase” and a median goal value of $100.00.
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Insider Exercise at Ingersoll Rand
In associated information, insider Vicente Reynal offered 50,000 shares of the agency’s inventory in a transaction that occurred on Thursday, August fifteenth. The shares have been offered at a median value of $92.51, for a complete transaction of $4,625,500.00. Following the transaction, the insider now owns 100,367 shares within the firm, valued at $9,284,951.17. The transaction was disclosed in a doc filed with the Securities & Trade Fee, which is obtainable via this hyperlink. In associated information, insider Vicente Reynal offered 50,000 shares of the agency’s inventory in a transaction that occurred on Thursday, August fifteenth. The shares have been offered at a median value of $92.51, for a complete transaction of $4,625,500.00. Following the completion of the sale, the insider now instantly owns 100,367 shares within the firm, valued at $9,284,951.17. The sale was disclosed in a authorized submitting with the Securities & Trade Fee, which is obtainable at this hyperlink. Additionally, insider Kathleen M. Keene offered 4,629 shares of the agency’s inventory in a transaction that occurred on Tuesday, August twenty seventh. The inventory was offered at a median value of $89.99, for a complete transaction of $416,563.71. Following the sale, the insider now owns 3,829 shares of the corporate’s inventory, valued at $344,571.71. The disclosure for this sale might be discovered right here. Insiders have offered 77,510 shares of firm inventory value $7,108,005 during the last quarter. 0.68% of the inventory is presently owned by firm insiders.
Ingersoll Rand Worth Efficiency
NYSE IR opened at $93.97 on Wednesday. Ingersoll Rand Inc. has a 12 month low of $59.20 and a 12 month excessive of $101.30. The corporate has a debt-to-equity ratio of 0.47, a present ratio of two.18 and a fast ratio of 1.52. The agency has a market capitalization of $37.91 billion, a PE ratio of 46.75, a P/E/G ratio of two.53 and a beta of 1.42. The corporate’s 50 day easy transferring common is $92.44 and its 200 day easy transferring common is $92.16.
Ingersoll Rand (NYSE:IR – Get Free Report) final posted its quarterly earnings information on Wednesday, July thirty first. The economic merchandise firm reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.74 by $0.06. Ingersoll Rand had a web margin of 11.73% and a return on fairness of 13.00%. The enterprise had income of $1.81 billion for the quarter, in comparison with analyst estimates of $1.78 billion. As a gaggle, equities analysis analysts forecast that Ingersoll Rand Inc. will put up 3.21 EPS for the present fiscal 12 months.
Ingersoll Rand Dividend Announcement
The enterprise additionally lately disclosed a quarterly dividend, which was paid on Thursday, September fifth. Buyers of file on Thursday, August fifteenth have been paid a dividend of $0.02 per share. The ex-dividend date was Thursday, August fifteenth. This represents a $0.08 dividend on an annualized foundation and a dividend yield of 0.09%. Ingersoll Rand’s dividend payout ratio is presently 3.98%.
Ingersoll Rand Profile
Ingersoll Rand Inc gives varied mission-critical air, fuel, liquid, and stable movement creation applied sciences companies and options worldwide. It operates via two segments, Industrial Applied sciences and Providers, and Precision and Science Applied sciences. The Industrial Applied sciences and Providers phase designs, manufactures, markets, and companies air and fuel compression, vacuum, and blower merchandise; fluid switch gear and loading programs; and energy instruments and lifting gear, together with related aftermarket components, consumables, air remedy gear, controls, different equipment, and companies below the below the Ingersoll Rand, Gardner Denver, Nash, CompAir, Elmo Rietschle manufacturers, and many others.
Additional Studying
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