Ingersoll Rand stock is trading -8.65% below its average target price of $100.12 after dropping -3.2% during today's evening session. Analysts are giving the Large-Cap Farm & Heavy Construction Machinery company an average rating of buy and target prices ranging from $92.0 to $110.0 per share.
Ingersoll Rand's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.0%. The stock's short ratio is 2.61. The company's insiders own 0.2% 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 97.0%. In conclusion, we believe there is mixed market sentiment regarding Ingersoll Rand.
Institutions Invested in Ingersoll Rand
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-03-31 | Vanguard Group Inc | 11% | 45,197,134 | $4,133,729,834 |
| 2024-03-31 | Blackrock Inc. | 9% | 36,657,332 | $3,352,679,551 |
| 2024-03-31 | Capital International Investors | 6% | 26,166,256 | $2,393,165,749 |
| 2024-03-31 | Price (T.Rowe) Associates Inc | 6% | 22,473,076 | $2,055,387,510 |
| 2024-03-31 | T. Rowe Price Investment Management, Inc. | 5% | 20,410,993 | $1,866,789,401 |
| 2024-03-31 | JP Morgan Chase & Company | 4% | 15,977,246 | $1,461,278,904 |
| 2024-03-31 | State Street Corporation | 4% | 15,605,778 | $1,427,304,441 |
| 2024-03-31 | FMR, LLC | 4% | 14,130,663 | $1,292,390,425 |
| 2024-03-31 | Capital Research Global Investors | 3% | 11,316,241 | $1,034,983,391 |
| 2024-03-31 | Franklin Resources, Inc. | 3% | 10,855,650 | $992,857,739 |
