In a report released today, Andrew Kaplowitz from Citi maintained a Buy rating on Ingersoll Rand (IR – Research Report), with a price target of $91.00.
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Andrew Kaplowitz has given his Buy rating due to a combination of factors that suggest Ingersoll Rand is well-positioned for future growth. The company’s management has maintained a consistent focus on execution, margin expansion, and strategic mergers and acquisitions, which are expected to enhance value over time. Despite a near-term environment where margin expansion might be constrained by muted volumes, the company’s IRX operating model is anticipated to drive differentiated results and margin growth in the long run.
Additionally, the demand outlook for the second quarter of 2025 appears to align with existing trends, and management’s expectations for organic growth in the latter half of 2025 are supported by leading indicators. Furthermore, longer-cycle activities are showing signs of gradual improvement. The company also maintains a robust pipeline for mergers and acquisitions, with a short-term emphasis on smaller, strategic acquisitions, which could further bolster its growth trajectory.
Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of IR in relation to earlier this year.