International Flavors & Fragrances Inc. (NYSE:IFF – Free Report) – Zacks Research dropped their FY2026 earnings per share estimates for shares of International Flavors & Fragrances in a note issued to investors on Tuesday, September 9th. Zacks Research analyst Team now anticipates that the specialty chemicals company will post earnings of $4.26 per share for the year, down from their prior estimate of $4.27. The consensus estimate for International Flavors & Fragrances’ current full-year earnings is $4.32 per share.
Several other equities research analysts have also recently weighed in on the company. Wolfe Research upgraded International Flavors & Fragrances from an “underperform” rating to a “peer perform” rating in a research report on Monday, September 8th. Barclays decreased their price target on International Flavors & Fragrances from $84.00 to $78.00 and set an “overweight” rating on the stock in a research report on Friday, August 8th. Oppenheimer cut International Flavors & Fragrances from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 7th. UBS Group decreased their price target on International Flavors & Fragrances from $83.00 to $79.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 6th. Finally, Wells Fargo & Company cut their price objective on International Flavors & Fragrances from $90.00 to $85.00 and set an “overweight” rating for the company in a report on Thursday, August 7th. Twelve analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $92.36.
International Flavors & Fragrances Trading Down 1.0%
Shares of IFF opened at $65.68 on Thursday. The business’s 50-day moving average price is $69.71 and its 200-day moving average price is $74.15. International Flavors & Fragrances has a twelve month low of $62.33 and a twelve month high of $106.77. The stock has a market cap of $16.83 billion, a PE ratio of -42.37, a P/E/G ratio of 2.87 and a beta of 1.07. The company has a quick ratio of 1.12, a current ratio of 1.86 and a debt-to-equity ratio of 0.39.
International Flavors & Fragrances (NYSE:IFF – Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The specialty chemicals company reported $1.15 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.04. International Flavors & Fragrances had a positive return on equity of 7.95% and a negative net margin of 3.48%.The firm had revenue of $2.76 billion for the quarter, compared to analysts’ expectations of $2.69 billion. During the same period in the prior year, the business posted $1.16 earnings per share. The company’s revenue was down 4.3% on a year-over-year basis. International Flavors & Fragrances has set its FY 2025 guidance at EPS.
International Flavors & Fragrances Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 10th. Stockholders of record on Monday, September 29th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, September 29th. This represents a $1.60 annualized dividend and a dividend yield of 2.4%. International Flavors & Fragrances’s payout ratio is presently -103.23%.
Insider Activity
In other news, Director Paul J. Fribourg bought 15,450 shares of the business’s stock in a transaction on Thursday, August 7th. The stock was acquired at an average price of $64.80 per share, with a total value of $1,001,160.00. Following the completion of the purchase, the director directly owned 15,450 shares in the company, valued at $1,001,160. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO J Erik Fyrwald bought 15,300 shares of the business’s stock in a transaction on Thursday, August 7th. The stock was purchased at an average cost of $64.95 per share, with a total value of $993,735.00. Following the purchase, the chief executive officer owned 77,370 shares of the company’s stock, valued at $5,025,181.50. This represents a 24.65% increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.20% of the stock is currently owned by insiders.
Institutional Trading of International Flavors & Fragrances
Hedge funds and other institutional investors have recently bought and sold shares of the company. Banque Transatlantique SA purchased a new stake in International Flavors & Fragrances in the first quarter worth approximately $32,000. American National Bank & Trust boosted its stake in International Flavors & Fragrances by 11,975.0% in the second quarter. American National Bank & Trust now owns 483 shares of the specialty chemicals company’s stock worth $36,000 after buying an additional 479 shares in the last quarter. Zions Bancorporation National Association UT purchased a new stake in International Flavors & Fragrances in the first quarter worth approximately $42,000. Elkhorn Partners Limited Partnership boosted its stake in shares of International Flavors & Fragrances by 200.0% during the second quarter. Elkhorn Partners Limited Partnership now owns 600 shares of the specialty chemicals company’s stock valued at $44,000 after purchasing an additional 400 shares during the period. Finally, Geneos Wealth Management Inc. boosted its stake in shares of International Flavors & Fragrances by 55.7% during the first quarter. Geneos Wealth Management Inc. now owns 587 shares of the specialty chemicals company’s stock valued at $46,000 after purchasing an additional 210 shares during the period. Hedge funds and other institutional investors own 96.02% of the company’s stock.
About International Flavors & Fragrances
International Flavors & Fragrances, Inc engages in the manufacture and supply of flavors and fragrances used in the food, beverage, personal care, and household products industries. It operates through the following segments: Nourish, Health & Biosciences, Scent and Pharma Solutions. The Nourish segment consists of legacy Taste segment combined with N&B’s Food & Beverage division and the food protection business of N&B’s Health & Biosciences division.
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