11,647 Shares in Ingredion Incorporated $INGR Purchased by Vista Investment Management

Vista Investment Management acquired a new stake in Ingredion Incorporated (NYSE:INGR) in the second quarter, HoldingsChannel.com reports. The fund acquired 11,647 shares of the company’s stock, valued at approximately $1,103,000.

A number of other institutional investors also recently added to or reduced their stakes in INGR. Vanguard Group Inc. increased its position in Ingredion by 2.9% during the 4th quarter. Vanguard Group Inc. now owns 7,487,354 shares of the company’s stock worth $825,556,000 after purchasing an additional 208,606 shares during the period. BlackRock Inc. acquired a new stake in shares of Ingredion in the 2nd quarter valued at approximately $618,834,000. Dimensional Fund Advisors LP boosted its stake in shares of Ingredion by 6.0% in the first quarter. Dimensional Fund Advisors LP now owns 3,115,136 shares of the company’s stock valued at $350,952,000 after buying an additional 175,600 shares in the last quarter. First Trust Advisors LP boosted its stake in shares of Ingredion by 53.1% in the first quarter. First Trust Advisors LP now owns 3,054,149 shares of the company’s stock valued at $344,080,000 after buying an additional 1,059,324 shares in the last quarter. Finally, AQR Capital Management LLC grew its holdings in Ingredion by 53.3% during the fourth quarter. AQR Capital Management LLC now owns 1,826,018 shares of the company’s stock worth $201,337,000 after acquiring an additional 634,900 shares during the period. Hedge funds and other institutional investors own 85.27% of the company’s stock.

Ingredion Stock Performance

NYSE INGR opened at $106.95 on Friday. Ingredion Incorporated has a 1-year low of $94.44 and a 1-year high of $130.48. The company has a market capitalization of $6.74 billion, a P/E ratio of 11.66, a PEG ratio of 0.92 and a beta of 0.62. The business has a 50 day moving average price of $100.84 and a 200 day moving average price of $107.33. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.80 and a quick ratio of 1.92.

Ingredion (NYSE:INGR) last posted its earnings results on Tuesday, August 4th. The company reported $2.82 EPS for the quarter, topping analysts’ consensus estimates of $2.71 by $0.11. The company had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.83 billion. Ingredion had a return on equity of 15.40% and a net margin of 8.21%.Ingredion’s quarterly revenue was up .9% compared to the same quarter last year. During the same period in the previous year, the business earned $2.87 earnings per share. Ingredion has set its FY 2026 guidance at 10.300-10.900 EPS. Sell-side analysts expect that Ingredion Incorporated will post 10.6 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on INGR. Benchmark reiterated a “buy” rating on shares of Ingredion in a research report on Tuesday, June 9th. Barclays decreased their target price on shares of Ingredion from $120.00 to $118.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 5th. UBS Group upped their price target on shares of Ingredion from $104.00 to $108.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. Oppenheimer downgraded shares of Ingredion from an “outperform” rating to a “market perform” rating in a report on Monday, June 8th. Finally, Weiss Ratings cut shares of Ingredion from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, July 8th. One investment analyst has rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $121.29.

Insider Activity

In other news, Director David B. Fischer sold 1,662 shares of Ingredion stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $102.31, for a total transaction of $170,039.22. Following the completion of the transaction, the director owned 19,930 shares of the company’s stock, valued at $2,039,038.30. The trade was a 7.70% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 1.60% of the stock is owned by company insiders.

Ingredion Company Profile

Ingredion Incorporated is a global ingredient solutions company specializing in the production and sale of starches, sweeteners, nutrition ingredients and biomaterials derived primarily from corn and other plant-based raw materials. The company serves a diverse set of industries, including food and beverage, brewing, pharmaceuticals and personal care, providing functional ingredients that enhance texture, stability, flavor and nutritional value in a wide array of end products.

The company’s product portfolio comprises native and modified starches, high-fructose corn syrup, dextrose, maltodextrins, specialty sweeteners and various texturizers.