International Flavors & Fragrances (NYSE:IFF) EVP Sells 8,825 Shares

International Flavors & Fragrances Inc. (NYSE:IFF) EVP Michael Deveau sold 8,825 shares of International Flavors & Fragrances stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $85.55, for a total value of $754,978.75. Following the completion of the sale, the executive vice president owned 5,199 shares of the company’s stock, valued at $444,774.45. The trade was a 62.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

International Flavors & Fragrances Stock Up 1.5%

International Flavors & Fragrances stock traded up $1.25 during midday trading on Friday, hitting $85.80. 1,420,882 shares of the company’s stock were exchanged, compared to its average volume of 1,871,805. International Flavors & Fragrances Inc. has a 12 month low of $59.14 and a 12 month high of $89.32. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.87 and a current ratio of 2.06. The company has a market cap of $21.89 billion, a PE ratio of 78.72, a P/E/G ratio of 2.27 and a beta of 0.93. The firm has a 50-day moving average of $77.57 and a two-hundred day moving average of $75.40.

International Flavors & Fragrances (NYSE:IFF) last announced its quarterly earnings results on Tuesday, August 4th. The specialty chemicals company reported $0.82 earnings per share for the quarter, missing the consensus estimate of $1.07 by ($0.25). The business had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $2.62 billion. International Flavors & Fragrances had a return on equity of 7.11% and a net margin of 2.78%.International Flavors & Fragrances’s revenue for the quarter was up 1.8% on a year-over-year basis. During the same period in the previous year, the company posted $1.15 EPS. As a group, analysts expect that International Flavors & Fragrances Inc. will post 4.42 earnings per share for the current fiscal year.

International Flavors & Fragrances declared that its Board of Directors has initiated a share buyback plan on Tuesday, August 4th that authorizes the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization authorizes the specialty chemicals company to repurchase up to 12.1% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

International Flavors & Fragrances Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 9th. Shareholders of record on Friday, September 18th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Friday, September 18th. International Flavors & Fragrances’s dividend payout ratio (DPR) is 146.79%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of International Flavors & Fragrances by 5.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,315 shares of the specialty chemicals company’s stock valued at $2,042,000 after acquiring an additional 1,335 shares during the period. Jones Financial Companies Lllp increased its holdings in shares of International Flavors & Fragrances by 15.7% in the first quarter. Jones Financial Companies Lllp now owns 3,976 shares of the specialty chemicals company’s stock valued at $309,000 after purchasing an additional 539 shares during the period. Empowered Funds LLC raised its stake in shares of International Flavors & Fragrances by 71.5% in the first quarter. Empowered Funds LLC now owns 10,454 shares of the specialty chemicals company’s stock worth $811,000 after purchasing an additional 4,358 shares during the last quarter. Focus Partners Wealth lifted its holdings in shares of International Flavors & Fragrances by 25.5% during the first quarter. Focus Partners Wealth now owns 7,527 shares of the specialty chemicals company’s stock worth $584,000 after purchasing an additional 1,530 shares during the period. Finally, Geneos Wealth Management Inc. boosted its position in International Flavors & Fragrances by 55.7% in the first quarter. Geneos Wealth Management Inc. now owns 587 shares of the specialty chemicals company’s stock valued at $46,000 after buying an additional 210 shares during the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Key International Flavors & Fragrances News

Here are the key news stories impacting International Flavors & Fragrances this week:

• Positive Sentiment: Barclays raised its price target from $90 to $96 and upgraded its stance to “overweight,” implying approximately 12% upside from the reference price. The move signals improving confidence in IFF’s earnings outlook and restructuring efforts. Benzinga analyst update
• Positive Sentiment: Benchmark increased its target from $100 to $105 and maintained a “buy” rating, representing roughly 22% potential upside. This is the most bullish valuation among the recent analyst actions. Benzinga analyst update
• Positive Sentiment: IFF plans to repurchase up to $2.5 billion of its shares, which could support per-share earnings and signal that management views the stock as attractively valued. IFF share buyback report
• Neutral Sentiment: UBS raised its price target from $84 to $91 but retained a “neutral” rating. The higher valuation provides modest upside, while the unchanged rating suggests the firm sees balanced potential and risks. Benzinga analyst update
• Negative Sentiment: Vertical Research downgraded IFF from “buy” to “hold,” despite assigning a $93 price target. The downgrade may limit enthusiasm because it reflects less conviction in near-term upside. Finviz analyst update
• Negative Sentiment: Second-quarter results were mixed to weak: adjusted earnings per share came in at $0.82 versus the $1.07 consensus, while revenue of $1.95 billion missed estimates of $2.62 billion. IFF also lowered its full-year sales outlook, overshadowing modest year-over-year revenue growth. International Flavors Q2 earnings snapshot

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on IFF shares. Argus raised their target price on shares of International Flavors & Fragrances from $80.00 to $85.00 and gave the company a “buy” rating in a research note on Tuesday, June 30th. BNP Paribas Exane upped their price target on International Flavors & Fragrances from $85.00 to $95.00 in a research report on Thursday, May 7th. UBS Group raised their price objective on International Flavors & Fragrances from $84.00 to $91.00 and gave the stock a “neutral” rating in a research report on Thursday. JPMorgan Chase & Co. upped their target price on International Flavors & Fragrances from $90.00 to $92.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Finally, Vertical Research cut International Flavors & Fragrances from a “buy” rating to a “hold” rating and set a $93.00 price target for the company. in a research note on Thursday. Thirteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $92.16.

International Flavors & Fragrances Company Profile

International Flavors & Fragrances Inc (NYSE:IFF) is a global leader in the creation and production of flavors, fragrances, cosmetic actives and nutritional lipids. The company develops taste and scent solutions for a wide array of end markets including food and beverage, personal care, household goods and pharmaceutical products. Its portfolio spans natural and nature-identical flavors, fine fragrances, functional ingredients for skin and hair care, and specialty oils that enhance nutritional value and sensory appeal.

IFF’s research and development network comprises innovation centers in North America, Europe, Asia-Pacific and Latin America, where multidisciplinary teams collaborate on aroma chemistry, sensory science and biotechnology.