Ingersoll Rand Shares Surge 2.59% on $1 Billion Buyback Amid 487th-Ranked $210M Volume

On August 12, 2025, Ingersoll Rand (IR) shares rose 2.59% to $78.40, with a trading volume of $210 million, ranking 487th in daily activity. Recent developments include a $0.02 quarterly dividend set for September 4, with an ex-dividend date of August 14. The board also authorized a $1 billion stock repurchase program, signaling confidence in valuation despite a $115 million second-quarter loss reported earlier in the month.

Insider transactions highlighted a routine vesting event for Kathleen Keene, Senior Vice President and CHRO, who received 581 restricted stock units (RSUs) on August 9. Tax withholding resulted in 254 shares being withheld at $75.89 each, leaving her with 11,379 beneficial shares post-transaction. Analysts note this aligns with standard compensation practices and does not indicate strategic shifts.

Ownership changes included Mizuho Securities USA LLC reducing its stake by 15.5% in Q1 2025, selling 5,937 shares to hold 32,259 at $2.58 million value. Meanwhile, several institutional investors increased holdings, including the Teacher Retirement System of Texas, which boosted its position by 1,460% to 58,923 shares valued at $4.72 million.

Technical indicators show IR trading near its 50-day moving average of $83.72, with a market cap of $30.16 billion and a P/E ratio of 59.28. Analysts at Melius Research and Barclays have maintained “hold” or “overweight” ratings, with price targets ranging from $78 to $98.75, reflecting cautious optimism about long-term growth potential.

The strategy of buying the top 500 stocks by daily volume and holding for one day yielded a $2,550 profit from 2022 to August 2025, with a maximum drawdown of -15.2% recorded on October 27, 2022. This underscores the strategy’s moderate returns amid market volatility.