Ingersoll Rand shares rose 2.3% this afternoon to a price of $66.97. The stock is still trading within range of its average target price of $70.08. Analysts have given the large-cap stock target prices ranging from $61.0 to $78.0 dollars per share, with an average rating of buy.
Ingersoll Rand's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.5%. The stock's short ratio is 2.03. The company's insiders own 0.21% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 98.5%.
Institutions Invested in Ingersoll Rand
Date Reported | Holder | Percentage | Shares | Value |
---|---|---|---|---|
2023-03-31 | T. Rowe Price Investment Management, Inc. | 11% | 46,385,990 | $3,106,469,806 |
2023-03-31 | Vanguard Group Inc | 11% | 45,887,093 | $3,073,058,674 |
2023-03-31 | Blackrock Inc. | 8% | 30,642,956 | $2,052,158,800 |
2023-03-31 | Price (T.Rowe) Associates Inc | 7% | 27,983,731 | $1,874,070,499 |
2023-03-31 | FMR, LLC | 4% | 16,935,257 | $1,134,154,181 |
2023-03-31 | Artisan Partners Limited Partnership | 4% | 15,252,911 | $1,021,487,468 |
2023-03-31 | State Street Corporation | 4% | 15,001,307 | $1,004,637,548 |
2023-03-31 | JP Morgan Chase & Company | 3% | 12,056,285 | $807,409,421 |
2023-03-31 | Janus Henderson Group PLC | 3% | 10,720,227 | $717,933,615 |
2023-03-31 | Massachusetts Financial Services Co. | 2% | 9,965,463 | $667,387,069 |