Wealth Enhancement Advisory Services LLC Raises Position in Ingredion Incorporated $INGR

Wealth Enhancement Advisory Services LLC grew its position in shares of Ingredion Incorporated (NYSE:INGR) by 21.2% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 27,953 shares of the company’s stock after acquiring an additional 4,895 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Ingredion were worth $3,122,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Avior Wealth Management LLC grew its stake in Ingredion by 23.5% in the fourth quarter. Avior Wealth Management LLC now owns 5,200 shares of the company’s stock worth $573,000 after purchasing an additional 990 shares during the period. Martin Capital Partners LLC lifted its position in Ingredion by 5.4% during the fourth quarter. Martin Capital Partners LLC now owns 5,124 shares of the company’s stock valued at $565,000 after buying an additional 264 shares during the period. GAMMA Investing LLC boosted its holdings in shares of Ingredion by 21.3% during the 4th quarter. GAMMA Investing LLC now owns 1,313 shares of the company’s stock valued at $145,000 after buying an additional 231 shares in the last quarter. Mirabella Financial Services LLP purchased a new stake in shares of Ingredion in the 3rd quarter worth about $225,000. Finally, Allworth Financial LP increased its stake in shares of Ingredion by 3.6% in the 3rd quarter. Allworth Financial LP now owns 60,542 shares of the company’s stock worth $7,393,000 after acquiring an additional 2,108 shares in the last quarter. Institutional investors own 85.27% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on INGR. Barclays upped their price objective on shares of Ingredion from $124.00 to $128.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 4th. Benchmark began coverage on Ingredion in a research report on Tuesday, March 17th. They issued a “buy” rating and a $130.00 price target on the stock. UBS Group raised their price objective on Ingredion from $119.00 to $124.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Zacks Research upgraded Ingredion from a “strong sell” rating to a “hold” rating in a research note on Monday, December 22nd. Finally, Wall Street Zen downgraded Ingredion from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Two analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $126.43.

Ingredion Stock Performance

INGR stock opened at $112.59 on Wednesday. The stock’s 50 day simple moving average is $115.29 and its 200 day simple moving average is $114.47. The company has a current ratio of 2.66, a quick ratio of 1.73 and a debt-to-equity ratio of 0.41. Ingredion Incorporated has a 12-month low of $102.31 and a 12-month high of $141.78. The stock has a market capitalization of $7.09 billion, a PE ratio of 10.09, a price-to-earnings-growth ratio of 0.89 and a beta of 0.69.

Ingredion (NYSE:INGR) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $2.53 earnings per share for the quarter, missing the consensus estimate of $2.59 by ($0.06). The business had revenue of $1.76 billion during the quarter, compared to analysts’ expectations of $1.78 billion. Ingredion had a return on equity of 17.32% and a net margin of 10.10%.The firm’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.63 EPS. Ingredion has set its FY 2026 guidance at 11.000-11.8 EPS. As a group, research analysts forecast that Ingredion Incorporated will post 11.14 earnings per share for the current fiscal year.

Ingredion Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 21st. Shareholders of record on Wednesday, April 1st will be paid a dividend of $0.82 per share. The ex-dividend date is Wednesday, April 1st. This represents a $3.28 annualized dividend and a yield of 2.9%. Ingredion’s dividend payout ratio is currently 29.39%.

Insider Activity

In related news, SVP Larry Fernandes sold 1,125 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $116.55, for a total value of $131,118.75. Following the sale, the senior vice president owned 30,514 shares in the company, valued at approximately $3,556,406.70. This trade represents a 3.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO James P. Zallie sold 9,958 shares of Ingredion stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $116.55, for a total transaction of $1,160,604.90. Following the completion of the sale, the chief executive officer directly owned 33,011 shares of the company’s stock, valued at approximately $3,847,432.05. This trade represents a 23.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 48,685 shares of company stock valued at $5,783,898 in the last 90 days. 1.80% of the stock is currently owned by insiders.

Ingredion 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.