International Flavors & Fragrances (NYSE:IFF) Price Target Raised to $96.00 at Citigroup

International Flavors & Fragrances (NYSE:IFF) had its target price upped by Citigroup from $90.00 to $96.00 in a research note issued to investors on Thursday morning,Benzinga reports. They currently have a buy rating on the specialty chemicals company’s stock.

A number of other equities analysts have also commented on the stock. Jefferies Financial Group lifted their price target on shares of International Flavors & Fragrances from $97.00 to $105.00 in a research report on Thursday. UBS Group dropped their price target on shares of International Flavors & Fragrances from $85.00 to $75.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. Oppenheimer lifted their price target on shares of International Flavors & Fragrances from $88.00 to $90.00 and gave the company an “outperform” rating in a research report on Thursday. Berenberg Bank lifted their price target on shares of International Flavors & Fragrances from $83.00 to $84.80 and gave the company a “hold” rating in a research report on Thursday. Finally, Bank of America lifted their price target on shares of International Flavors & Fragrances from $84.00 to $88.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. Twelve analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, International Flavors & Fragrances currently has a consensus rating of “Moderate Buy” and a consensus target price of $89.05.

International Flavors & Fragrances Price Performance

NYSE IFF opened at $78.17 on Thursday. The company has a quick ratio of 0.85, a current ratio of 1.49 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $19.96 billion, a PE ratio of 23.90, a price-to-earnings-growth ratio of 2.24 and a beta of 0.93. The company has a 50 day moving average price of $72.71 and a two-hundred day moving average price of $70.38. International Flavors & Fragrances has a 12-month low of $59.14 and a 12-month high of $84.45.

International Flavors & Fragrances (NYSE:IFF) last posted its earnings results on Tuesday, May 5th. The specialty chemicals company reported $1.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.08 by $0.17. International Flavors & Fragrances had a net margin of 7.78% and a return on equity of 7.65%. The firm had revenue of $2.74 billion during the quarter, compared to analysts’ expectations of $2.64 billion. During the same period in the previous year, the company earned $1.20 earnings per share. The company’s revenue was down 3.6% compared to the same quarter last year. As a group, equities analysts predict that International Flavors & Fragrances will post 4.42 earnings per share for the current fiscal year.

International Flavors & Fragrances Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Thursday, June 18th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $1.60 dividend on an annualized basis and a yield of 2.0%. International Flavors & Fragrances’s payout ratio is -116.79%.

Insider Transactions at International Flavors & Fragrances

In related news, Director Paul J. Fribourg bought 142,000 shares of the company’s stock in a transaction that occurred on Thursday, March 12th. The shares were acquired at an average price of $70.13 per share, with a total value of $9,958,460.00. Following the completion of the transaction, the director owned 2,422,730 shares of the company’s stock, valued at $169,906,054.90. The trade was a 6.23% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.07% of the company’s stock.

Hedge Funds Weigh In On International Flavors & Fragrances

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. DNB Asset Management AS increased its position in International Flavors & Fragrances by 0.3% during the fourth quarter. DNB Asset Management AS now owns 53,741 shares of the specialty chemicals company’s stock worth $3,622,000 after acquiring an additional 139 shares during the period. MML Investors Services LLC increased its holdings in International Flavors & Fragrances by 0.8% in the 4th quarter. MML Investors Services LLC now owns 17,249 shares of the specialty chemicals company’s stock valued at $1,162,000 after buying an additional 140 shares during the period. Rafferty Asset Management LLC increased its holdings in International Flavors & Fragrances by 0.7% in the 3rd quarter. Rafferty Asset Management LLC now owns 21,837 shares of the specialty chemicals company’s stock valued at $1,344,000 after buying an additional 158 shares during the period. Clearstead Advisors LLC increased its holdings in International Flavors & Fragrances by 6.1% in the 3rd quarter. Clearstead Advisors LLC now owns 3,021 shares of the specialty chemicals company’s stock valued at $186,000 after buying an additional 173 shares during the period. Finally, Parr Mcknight Wealth Management Group LLC increased its holdings in International Flavors & Fragrances by 0.9% in the 3rd quarter. Parr Mcknight Wealth Management Group LLC now owns 23,129 shares of the specialty chemicals company’s stock valued at $1,423,000 after buying an additional 199 shares during the period. Institutional investors own 96.02% of the company’s stock.

More International Flavors & Fragrances News

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

• Positive Sentiment: Multiple broker price-target increases signal analyst optimism (Jefferies to $105, Citi to $96, JPMorgan to $92, Oppenheimer to $90, Berenberg to $84.80) — higher targets suggest upside versus current levels and support buy/overweight ratings. Jefferies Raises PT to $105 Berenberg Lifts PT to $84.80 Citi / JPM / Oppenheimer Coverage
• Positive Sentiment: Q1 results beat expectations (EPS and revenue) with volume growth, productivity gains and margin expansion; management reaffirmed its 2026 targets — supports medium-term earnings thesis. Zacks: Q1 Earnings Beat
• Positive Sentiment: Product / innovation push: IFF’s LMR Naturals will showcase new natural-perfumery ingredients at SIMPPAR — underscores R&D/portfolio differentiation in higher-growth naturals. BusinessWire: LMR Naturals at SIMPPAR
• Neutral Sentiment: Shareholders backed the board, executive pay and auditor at the recent meeting — removes a governance overhang but is unlikely to change near-term fundamentals. Globe and Mail: Shareholder Votes
• Neutral Sentiment: Earnings-call materials and transcripts provide detail for modeling (margin drivers, volume trends, portfolio reshaping) — useful for analysts but not an immediate catalyst. Seeking Alpha: Q1 Call Transcript Presentation
• Negative Sentiment: Management said Q2 was affected by a Middle East disruption; the call carried a cautious tone on near-term demand — this regional hit and cautious guidance language are pressuring the stock today. MSN: Q2 Middle East Hit
• Negative Sentiment: Market-performance context: IFF underperformed peers in the latest session, amplifying the sell-off as traders rotate toward better-performing names. MarketWatch: Underperformance vs Peers

About International Flavors & Fragrances

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.