International Flavors & Fragrances Inc. (NYSE:IFF – Free Report) – Stock analysts at Zacks Research dropped their FY2026 earnings estimates for shares of International Flavors & Fragrances in a research note issued on Tuesday, September 9th. Zacks Research analyst Team now expects that the specialty chemicals company will post earnings of $4.26 per share for the year, down from their prior forecast of $4.27. The consensus estimate for International Flavors & Fragrances’ current full-year earnings is $4.32 per share.
International Flavors & Fragrances (NYSE:IFF – Get Free Report) last posted its earnings results on Tuesday, August 5th. The specialty chemicals company reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.04. The firm had revenue of $2.76 billion for the quarter, compared to the consensus estimate of $2.69 billion. International Flavors & Fragrances had a positive return on equity of 7.95% and a negative net margin of 3.48%.The business’s quarterly revenue was down 4.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.16 earnings per share. International Flavors & Fragrances has set its FY 2025 guidance at EPS.
International Flavors & Fragrances Stock Performance
Shares of IFF opened at $64.46 on Thursday. International Flavors & Fragrances has a 52-week low of $62.33 and a 52-week high of $106.77. The stock’s 50-day simple moving average is $70.13 and its 200 day simple moving average is $74.35. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.12 and a current ratio of 1.86. The stock has a market capitalization of $16.52 billion, a price-to-earnings ratio of -41.59, a price-to-earnings-growth ratio of 2.82 and a beta of 1.07.
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in the business. Banque Transatlantique SA purchased a new stake in shares of International Flavors & Fragrances in the 1st quarter valued at $32,000. American National Bank & Trust lifted its stake in International Flavors & Fragrances by 11,975.0% in the second quarter. American National Bank & Trust now owns 483 shares of the specialty chemicals company’s stock worth $36,000 after purchasing an additional 479 shares during the last quarter. Zions Bancorporation National Association UT purchased a new stake in International Flavors & Fragrances during the first quarter valued at about $42,000. Geneos Wealth Management Inc. grew its stake in shares of International Flavors & Fragrances by 55.7% during the first quarter. Geneos Wealth Management Inc. now owns 587 shares of the specialty chemicals company’s stock valued at $46,000 after buying an additional 210 shares during the last quarter. Finally, Elkhorn Partners Limited Partnership lifted its stake in shares of International Flavors & Fragrances by 200.0% in the 2nd quarter. Elkhorn Partners Limited Partnership now owns 600 shares of the specialty chemicals company’s stock valued at $44,000 after acquiring an additional 400 shares during the last quarter. 96.02% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at International Flavors & Fragrances
In other news, CEO J Erik Fyrwald acquired 15,300 shares of the firm’s stock in a transaction that occurred on Thursday, August 7th. The shares were bought at an average cost of $64.95 per share, with a total value of $993,735.00. Following the acquisition, the chief executive officer owned 77,370 shares in the company, valued at approximately $5,025,181.50. This represents a 24.65% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Paul J. Fribourg bought 15,450 shares of the company’s stock in a transaction that occurred on Thursday, August 7th. The stock was purchased at an average price of $64.80 per share, with a total value of $1,001,160.00. Following the transaction, the director directly owned 15,450 shares in the company, valued at $1,001,160. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 0.20% of the company’s stock.
International Flavors & Fragrances Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, October 10th. Investors of record on Monday, September 29th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Monday, September 29th. International Flavors & Fragrances’s dividend payout ratio is currently -103.23%.
About International Flavors & Fragrances
International Flavors & Fragrances, Inc engages in the manufacture and supply of flavors and fragrances used in the food, beverage, personal care, and household products industries. It operates through the following segments: Nourish, Health & Biosciences, Scent and Pharma Solutions. The Nourish segment consists of legacy Taste segment combined with N&B’s Food & Beverage division and the food protection business of N&B’s Health & Biosciences division.
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