Ingredion Incorporated $INGR Shares Sold by LSV Asset Management

LSV Asset Management decreased its position in Ingredion Incorporated (NYSE:INGR) by 0.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 1,992,837 shares of the company’s stock after selling 7,010 shares during the period. LSV Asset Management’s holdings in Ingredion were worth $219,730,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in INGR. International Assets Investment Management LLC acquired a new position in shares of Ingredion in the 4th quarter worth approximately $30,000. Root Financial Partners LLC acquired a new position in shares of Ingredion in the 3rd quarter worth approximately $36,000. Capital Advisors Ltd. LLC grew its position in shares of Ingredion by 40.5% in the 4th quarter. Capital Advisors Ltd. LLC now owns 354 shares of the company’s stock worth $39,000 after acquiring an additional 102 shares in the last quarter. Ares Financial Consulting LLC acquired a new position in shares of Ingredion in the 4th quarter worth approximately $46,000. Finally, Caitong International Asset Management Co. Ltd raised its position in shares of Ingredion by 166.4% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 381 shares of the company’s stock worth $47,000 after purchasing an additional 238 shares during the period. Institutional investors and hedge funds own 85.27% of the company’s stock.

Insider Transactions at Ingredion

In related news, VP Davida Marie Gable sold 375 shares of the stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $112.44, for a total value of $42,165.00. Following the completion of the transaction, the vice president directly owned 7,110 shares of the company’s stock, valued at $799,448.40. This represents a 5.01% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.60% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

INGR has been the topic of a number of research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Ingredion in a research report on Friday, March 27th. Oppenheimer dropped their price target on Ingredion from $130.00 to $126.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 22nd. Benchmark initiated coverage on Ingredion in a research report on Tuesday, March 17th. They set a “buy” rating and a $130.00 price target on the stock. Wall Street Zen cut Ingredion from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Finally, Stephens reiterated an “equal weight” rating and set a $120.00 price target on shares of Ingredion in a research report on Wednesday, February 4th. Two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $122.43.

Ingredion Stock Performance

Shares of INGR stock opened at $102.46 on Friday. Ingredion Incorporated has a 12-month low of $98.29 and a 12-month high of $140.47. The firm has a market capitalization of $6.46 billion, a price-to-earnings ratio of 9.87, a price-to-earnings-growth ratio of 0.85 and a beta of 0.64. The business has a 50 day simple moving average of $110.21 and a 200 day simple moving average of $111.79. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.76 and a quick ratio of 1.83.

Ingredion (NYSE:INGR) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $2.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.44 by ($0.10). Ingredion had a return on equity of 15.86% and a net margin of 9.36%.The business had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.79 billion. During the same period last year, the company earned $2.97 earnings per share. The business’s quarterly revenue was down 1.2% compared to the same quarter last year. Ingredion has set its FY 2026 guidance at 10.450-11.150 EPS. On average, equities research analysts anticipate that Ingredion Incorporated will post 10.88 EPS for the current year.

Ingredion Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Wednesday, July 1st will be issued a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Wednesday, July 1st. Ingredion’s dividend payout ratio is 31.60%.

About Ingredion

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.