Ingersoll-Rand PLC (Ireland) (IR) Given Daily News Sentiment Score of 0.34

News articles about Ingersoll-Rand PLC (Ireland) (NYSE:IR) have been trending positive recently, according to Alpha One. The research group, a unit of Accern, rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ingersoll-Rand PLC (Ireland) earned a media sentiment score of 0.34 on Alpha One’s scale. Alpha One also assigned media stories about the industrial products company an impact score of 89 out of 100, indicating that recent press coverage is very likely to have an effect on the stock’s share price in the next several days.

Here are some of the news articles that may have effected Alpha One’s rankings:

Insider Buying and Selling by Quarter for Ingersoll-Rand PLC (Ireland) (NYSE:IR)

Shares of Ingersoll-Rand PLC (NYSE IR) traded up 2.76% during midday trading on Friday, reaching $92.34. 4,128,202 shares of the company’s stock traded hands. Ingersoll-Rand PLC has a 52-week low of $59.10 and a 52-week high of $92.34. The stock has a market cap of $23.64 billion, a P/E ratio of 16.78 and a beta of 1.30. The stock has a 50-day moving average price of $89.03 and a 200-day moving average price of $81.86.

Ingersoll-Rand PLC (Ireland) (NYSE:IR) last issued its quarterly earnings results on Wednesday, April 26th. The industrial products company reported $0.57 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.53 by $0.04. The firm had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.94 billion. Ingersoll-Rand PLC (Ireland) had a net margin of 10.58% and a return on equity of 16.44%. The company’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.50 EPS. Analysts forecast that Ingersoll-Rand PLC will post $4.51 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, June 30th. Stockholders of record on Friday, June 9th will be given a $0.40 dividend. The ex-dividend date of this dividend is Wednesday, June 7th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.73%. Ingersoll-Rand PLC (Ireland)’s dividend payout ratio (DPR) is currently 29.09%.

Several equities analysts recently weighed in on IR shares. Jefferies Group LLC restated a “buy” rating and issued a $90.00 price objective on shares of Ingersoll-Rand PLC (Ireland) in a report on Friday, March 31st. Zacks Investment Research lowered shares of Ingersoll-Rand PLC (Ireland) from a “buy” rating to a “hold” rating in a report on Thursday. Wells Fargo & Company upgraded shares of Ingersoll-Rand PLC (Ireland) from a “market perform” rating to an “outperform” rating in a report on Monday, March 20th. BMO Capital Markets restated a “buy” rating and issued a $87.00 price objective on shares of Ingersoll-Rand PLC (Ireland) in a report on Thursday, April 20th. Finally, Royal Bank Of Canada increased their price objective on shares of Ingersoll-Rand PLC (Ireland) from $83.00 to $85.00 and gave the company a “sector perform” rating in a report on Thursday, April 27th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Ingersoll-Rand PLC (Ireland) currently has an average rating of “Buy” and an average price target of $93.33.

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In other news, EVP Robert Zafari sold 1,483 shares of the business’s stock in a transaction that occurred on Friday, May 19th. The shares were sold at an average price of $89.59, for a total value of $132,861.97. Following the transaction, the executive vice president now owns 66,944 shares in the company, valued at approximately $5,997,512.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Marcia J. Avedon sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, April 27th. The stock was sold at an average price of $89.53, for a total transaction of $895,300.00. Following the completion of the transaction, the insider now owns 118,297 shares in the company, valued at approximately $10,591,130.41. The disclosure for this sale can be found here. Insiders sold a total of 21,943 shares of company stock worth $1,967,606 in the last 90 days. Corporate insiders own 0.65% of the company’s stock.

Ingersoll-Rand PLC (Ireland) Company Profile

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.

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