Zacks Research Has Positive Estimate for IFF Q3 Earnings

International Flavors & Fragrances Inc. (NYSE:IFF) – Equities research analysts at Zacks Research lifted their Q3 2026 EPS estimates for International Flavors & Fragrances in a research report issued to clients and investors on Friday, October 9th. Zacks Research analyst Team now expects that the specialty chemicals company will earn $0.71 per share for the quarter, up from their previous estimate of $0.67. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for International Flavors & Fragrances’ current full-year earnings is $3.09 per share. Zacks Research also issued estimates for International Flavors & Fragrances’ Q4 2026 earnings at $0.74 EPS, FY2026 earnings at $3.19 EPS, Q3 2027 earnings at $1.00 EPS, Q4 2027 earnings at $1.10 EPS, FY2027 earnings at $3.97 EPS, Q1 2028 earnings at $1.18 EPS, Q2 2028 earnings at $1.20 EPS, Q3 2028 earnings at $1.19 EPS and FY2028 earnings at $4.70 EPS.

IFF has been the topic of a number of other research reports. Vertical Research lowered International Flavors & Fragrances from a “buy” rating to a “hold” rating and set a $93.00 price objective on the stock. in a research note on Thursday, August 6th. UBS Group raised their price target on shares of International Flavors & Fragrances from $84.00 to $91.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. Wall Street Zen upgraded shares of International Flavors & Fragrances from a “sell” rating to a “hold” rating in a report on Saturday, September 19th. Weiss Ratings upgraded shares of International Flavors & Fragrances from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 8th. Finally, Morgan Stanley boosted their price objective on shares of International Flavors & Fragrances from $93.00 to $95.00 and gave the company an “overweight” rating in a research report on Wednesday, July 1st. Twelve investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $92.69.

International Flavors & Fragrances Stock Performance

Shares of IFF opened at $88.29 on Monday. International Flavors & Fragrances has a 12-month low of $59.75 and a 12-month high of $89.32. The stock has a market cap of $22.53 billion, a P/E ratio of 81.00, a PEG ratio of 3.29 and a beta of 0.91. The company has a current ratio of 2.06, a quick ratio of 1.72 and a debt-to-equity ratio of 0.34. The company has a 50-day moving average of $84.92 and a two-hundred day moving average of $78.84.

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

International Flavors & Fragrances Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 9th. Shareholders of record on Friday, September 18th were issued a $0.40 dividend. The ex-dividend date was Friday, September 18th. This represents a $1.60 dividend on an annualized basis and a yield of 1.8%. International Flavors & Fragrances’s payout ratio is currently 146.79%.

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

Insider Buying and Selling

In other International Flavors & Fragrances news, EVP Michael Deveau sold 8,825 shares of the firm’s stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $85.55, for a total transaction of $754,978.75. Following the completion of the transaction, the executive vice president directly owned 5,199 shares of the company’s stock, valued at $444,774.45. This trade represents a 62.93% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider De Mendonca Ana Paula Teles sold 5,718 shares of International Flavors & Fragrances stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $83.19, for a total value of $475,680.42. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 15,543 shares of company stock worth $1,315,659. 1.07% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Root Financial Partners LLC boosted its position in International Flavors & Fragrances by 97.9% during the 1st quarter. Root Financial Partners LLC now owns 554 shares of the specialty chemicals company’s stock worth $40,000 after acquiring an additional 274 shares during the period. Parkside Financial Bank & Trust grew its stake in shares of International Flavors & Fragrances by 27.9% in the second quarter. Parkside Financial Bank & Trust now owns 706 shares of the specialty chemicals company’s stock worth $56,000 after purchasing an additional 154 shares in the last quarter. Westpac Banking Corp bought a new position in shares of International Flavors & Fragrances in the second quarter worth $91,000. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in shares of International Flavors & Fragrances during the second quarter valued at $148,000. Finally, Global Retirement Partners LLC acquired a new position in shares of International Flavors & Fragrances during the second quarter valued at $157,000. Institutional investors own 96.02% of the company’s stock.

About International Flavors & Fragrances

International Flavors & Fragrances Inc (NYSE:IFF) develops and manufactures ingredients and solutions used in food, beverages, personal care products, fragrances, household products, pharmaceuticals and other consumer goods. The company works with manufacturers to create flavors, fragrances, functional ingredients and sensory experiences for products sold under consumer brands.

IFF’s portfolio includes natural and synthetic flavor compounds, fragrance ingredients, specialty ingredients, food texturants, enzymes, cultures, probiotics and pharmaceutical excipients.