Industrial machinery firm Ingersoll Rand reports positive organic order growth in three of the last four quarters, signaling a potential recovery.
Ingersoll Rand Inc. (NYSE:IR) closed at $77.07 on June 17, 2026, reflecting a 9.66% one-month return amid signs of recovery in its industrial segment. The company reported a book-to-bill ratio above one for the first full year since 2022, alongside positive organic order growth in three of the past four quarters.
The industrial sector has faced a prolonged recession, with this downturn lasting over three years—one of the longest on record. Despite the extended slump, Ingersoll Rand’s management expressed optimism, aligning with broader sentiment among industrial peers.
Hedge fund interest in IR increased, with 39 portfolios holding the stock at the end of Q1 2026, up from 37 in the prior quarter. The company’s market capitalization stands at $30.16 billion.