KeyCorp restated their hold rating on shares of Ingersoll-Rand PLC (Ireland) (NYSE:IR) in a research report sent to investors on Sunday morning.

Other research analysts have also issued research reports about the company. Stifel Nicolaus reiterated a buy rating on shares of Ingersoll-Rand PLC (Ireland) in a research report on Thursday, August 24th. UBS AG set a $97.00 target price on Ingersoll-Rand PLC (Ireland) and gave the stock a buy rating in a research report on Thursday, July 27th. Royal Bank Of Canada reiterated a sector perform rating and issued a $93.00 target price (up previously from $90.00) on shares of Ingersoll-Rand PLC (Ireland) in a research report on Thursday, July 27th. Zacks Investment Research upgraded Ingersoll-Rand PLC (Ireland) from a hold rating to a buy rating and set a $97.00 target price for the company in a research report on Friday, July 28th. Finally, BidaskClub lowered Ingersoll-Rand PLC (Ireland) from a sell rating to a strong sell rating in a research report on Saturday, August 5th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and seven have assigned a buy rating to the stock. The stock presently has an average rating of Hold and an average price target of $99.18.

Ingersoll-Rand PLC (NYSE IR) opened at $84.59 on Friday. The company has a market capitalization of $21,171.31, a P/E ratio of 19.52, a PEG ratio of 2.05 and a beta of 1.37. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.24 and a quick ratio of 0.89. Ingersoll-Rand PLC has a 12-month low of $74.02 and a 12-month high of $96.23.

Ingersoll-Rand PLC (Ireland) (NYSE:IR) last issued its earnings results on Wednesday, October 25th. The industrial products company reported $1.44 EPS for the quarter, topping the consensus estimate of $1.43 by $0.01. The company had revenue of $3.67 billion during the quarter, compared to analyst estimates of $3.71 billion. Ingersoll-Rand PLC (Ireland) had a return on equity of 16.65% and a net margin of 7.47%. The business’s revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.41 EPS. research analysts expect that Ingersoll-Rand PLC will post 4.51 earnings per share for the current year.

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The firm also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 8th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Thursday, December 7th. This represents a $1.80 dividend on an annualized basis and a yield of 2.13%. Ingersoll-Rand PLC (Ireland)’s dividend payout ratio (DPR) is presently 44.89%.

In other Ingersoll-Rand PLC (Ireland) news, insider Marcia J. Avedon sold 10,460 shares of the business’s stock in a transaction on Monday, October 23rd. The stock was sold at an average price of $94.00, for a total transaction of $983,240.00. Following the completion of the transaction, the insider now owns 111,637 shares in the company, valued at approximately $10,493,878. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Paul A. Camuti sold 14,097 shares of the business’s stock in a transaction on Monday, October 23rd. The stock was sold at an average price of $95.00, for a total value of $1,339,215.00. Following the transaction, the senior vice president now owns 66,439 shares of the company’s stock, valued at approximately $6,311,705. The disclosure for this sale can be found here. Insiders own 0.65% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the company. Amalgamated Bank raised its stake in shares of Ingersoll-Rand PLC (Ireland) by 56.9% in the 2nd quarter. Amalgamated Bank now owns 29,501 shares of the industrial products company’s stock worth $2,696,000 after buying an additional 10,702 shares in the last quarter. Aviva PLC raised its stake in shares of Ingersoll-Rand PLC (Ireland) by 1.1% in the 2nd quarter. Aviva PLC now owns 163,875 shares of the industrial products company’s stock worth $14,982,000 after buying an additional 1,850 shares in the last quarter. Nisa Investment Advisors LLC raised its stake in shares of Ingersoll-Rand PLC (Ireland) by 15.1% in the 2nd quarter. Nisa Investment Advisors LLC now owns 43,190 shares of the industrial products company’s stock worth $3,934,000 after buying an additional 5,650 shares in the last quarter. OMERS ADMINISTRATION Corp bought a new stake in shares of Ingersoll-Rand PLC (Ireland) in the 2nd quarter worth $2,321,000. Finally, Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of Ingersoll-Rand PLC (Ireland) by 0.5% in the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 585,096 shares of the industrial products company’s stock worth $53,472,000 after buying an additional 2,899 shares in the last quarter. 81.65% of the stock is currently owned by institutional investors.

About Ingersoll-Rand PLC (Ireland)

Ingersoll-Rand Public Limited Company provides products, services and solutions to improve the quality and comfort of air in homes and buildings, transport and protect food and perishables. The Company’s business segments include Climate and Industrial. It is engaged in the design, manufacture, sale and service of a portfolio of industrial and commercial products that include brand names, such as Ingersoll-Rand, Trane, American Standard, ARO and Club Car.

Analyst Recommendations for Ingersoll-Rand PLC (Ireland) (NYSE:IR)

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