Ingersoll-Rand PLC (NYSE:IR) had declared a cash dividend of $0.3200 on Aug 5, 2016. The shares will quote ex-dividend on Sep 7, 2016 and the record date has been fixed for Sep 9, 2016. On Aug 5, 2016 share price, the yield comes out to be 1.8882%. The dividend payable date has been fixed on Sep 30, 2016.
In a different note, On Jul 28, 2016, Stifel Nicolaus said it Maintains its rating on Ingersoll-Rand PLC. In the research note, the firm Lowers the price-target to $77.00 per share. The shares have been rated ‘Buy’ by the firm. BMO Capital said it Initiates Coverage on Ingersoll-Rand PLC, according to a research note issued on Jul 13, 2016. The shares have been rated ‘Outperform’ by the firm.
Ingersoll-Rand PLC (IR) shares turned negative on Wednesdays trading session with the shares closing down -0.13 points or -0.19% at a volume of 29,15,402. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $67.53. The peak price level was also seen at $67.53 while the days lowest was $66.96. Finally the shares closed at $67.26. The 52-week high of the shares is $68.69 while the 52-week low is $47.082. According to the latest information available, the market cap of the company is $17,353 M.
Ingersoll-Rand PLC(IR) last announced its earnings results on Jul 27, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $3.69B. Analysts had an estimated revenue of $3.70B. Earnings per share were $1.38. Analysts had estimated an EPS of $1.30.
Several Insider Transactions has been reported to the SEC. On May 31, 2016, Paul A Camuti (Senior Vice President) sold 4,800 shares at $49.19 per share price.Also, On May 5, 2016, Gary S Michel (Senior Vice President) sold 11,000 shares at $65.76 per share price.On May 2, 2016, Keith A Sultana (Senior Vice President) sold 5,125 shares at $66.08 per share price, according to the Form-4 filing with the securities and exchange commission.
Ingersoll-Rand Public Limited Company (IR-Ireland) is a diversified global company that 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 is also engaged in the design manufacture sale and service of a portfolio of industrial and commercial products. The Company focuses on parts service used equipment and rentals. Its business segments consist of Climate and Industrial. The Climate segment includes Trane and American Standard Heating and Air Conditioning which provides heating ventilation and air conditioning (HVAC) systems; commercial and residential building services parts support and controls and Thermo King transport temperature control solutions. The Industrial segment includes Ingersoll Rand compressed air systems and services power tools material handling systems ARO fluid management equipment Club Car golf utility and rough terrain vehicles.