International Flavors & Fragrances, Inc. (NYSE:IFF) major shareholder Winder Investment Pte Ltd purchased 150,000 shares of the company’s stock in a transaction dated Monday, May 14th. The shares were acquired at an average price of $126.47 per share, for a total transaction of $18,970,500.00. Following the purchase, the insider now owns 11,600,193 shares in the company, valued at $1,467,076,408.71. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Winder Investment Pte Ltd also recently made the following trade(s):

  • On Wednesday, May 9th, Winder Investment Pte Ltd purchased 150,000 shares of International Flavors & Fragrances stock. The shares were acquired at an average price of $129.22 per share, for a total transaction of $19,383,000.00.
  • On Monday, May 7th, Winder Investment Pte Ltd purchased 289,195 shares of International Flavors & Fragrances stock. The shares were acquired at an average price of $132.78 per share, for a total transaction of $38,399,312.10.
  • On Monday, April 9th, Winder Investment Pte Ltd purchased 300 shares of International Flavors & Fragrances stock. The shares were acquired at an average price of $134.97 per share, for a total transaction of $40,491.00.
  • On Friday, April 6th, Winder Investment Pte Ltd purchased 5,705 shares of International Flavors & Fragrances stock. The shares were acquired at an average price of $134.85 per share, for a total transaction of $769,319.25.
  • On Wednesday, April 4th, Winder Investment Pte Ltd purchased 4,800 shares of International Flavors & Fragrances stock. The shares were acquired at an average price of $134.59 per share, for a total transaction of $646,032.00.
  • On Monday, April 2nd, Winder Investment Pte Ltd purchased 55,596 shares of International Flavors & Fragrances stock. The shares were acquired at an average price of $134.01 per share, for a total transaction of $7,450,419.96.
  • On Wednesday, March 28th, Winder Investment Pte Ltd purchased 1,100 shares of International Flavors & Fragrances stock. The shares were acquired at an average price of $134.99 per share, for a total transaction of $148,489.00.
  • On Monday, March 26th, Winder Investment Pte Ltd purchased 23,304 shares of International Flavors & Fragrances stock. The shares were acquired at an average price of $134.54 per share, for a total transaction of $3,135,320.16.
  • On Thursday, March 22nd, Winder Investment Pte Ltd purchased 50,000 shares of International Flavors & Fragrances stock. The shares were acquired at an average price of $134.17 per share, for a total transaction of $6,708,500.00.

International Flavors & Fragrances opened at $124.06 on Thursday, Marketbeat Ratings reports. International Flavors & Fragrances, Inc. has a 1 year low of $123.22 and a 1 year high of $125.00. The company has a current ratio of 2.75, a quick ratio of 1.79 and a debt-to-equity ratio of 0.94. The firm has a market capitalization of $9.97 billion, a P/E ratio of 21.06, a PEG ratio of 2.25 and a beta of 1.12.

International Flavors & Fragrances (NYSE:IFF) last posted its earnings results on Monday, May 7th. The specialty chemicals company reported $1.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.59 by $0.10. International Flavors & Fragrances had a net margin of 8.83% and a return on equity of 27.89%. The business had revenue of $930.93 million for the quarter, compared to analyst estimates of $911.57 million. During the same period last year, the business posted $1.52 EPS. International Flavors & Fragrances’s revenue was up 12.4% compared to the same quarter last year. research analysts forecast that International Flavors & Fragrances, Inc. will post 6.24 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, July 6th. Investors of record on Monday, June 25th will be paid a $0.69 dividend. The ex-dividend date of this dividend is Friday, June 22nd. This represents a $2.76 dividend on an annualized basis and a yield of 2.22%. International Flavors & Fragrances’s payout ratio is presently 46.86%.

Institutional investors have recently modified their holdings of the business. Teachers Advisors LLC boosted its holdings in International Flavors & Fragrances by 7.5% in the 4th quarter. Teachers Advisors LLC now owns 113,289 shares of the specialty chemicals company’s stock valued at $17,289,000 after purchasing an additional 7,936 shares during the period. Engadine Partners LLP bought a new stake in International Flavors & Fragrances in the 4th quarter valued at $38,818,000. Candriam Luxembourg S.C.A. boosted its holdings in International Flavors & Fragrances by 7.2% in the 4th quarter. Candriam Luxembourg S.C.A. now owns 7,688 shares of the specialty chemicals company’s stock valued at $1,173,000 after purchasing an additional 515 shares during the period. Profund Advisors LLC boosted its holdings in International Flavors & Fragrances by 73.9% in the 4th quarter. Profund Advisors LLC now owns 8,213 shares of the specialty chemicals company’s stock valued at $1,253,000 after purchasing an additional 3,491 shares during the period. Finally, Charter Trust Co. boosted its holdings in International Flavors & Fragrances by 13.2% in the 4th quarter. Charter Trust Co. now owns 17,767 shares of the specialty chemicals company’s stock valued at $2,711,000 after purchasing an additional 2,073 shares during the period. 84.03% of the stock is owned by hedge funds and other institutional investors.

IFF has been the topic of several analyst reports. KeyCorp dropped their price target on shares of International Flavors & Fragrances from $162.00 to $156.00 and set an “overweight” rating on the stock in a research note on Friday, February 16th. Evercore ISI upgraded shares of International Flavors & Fragrances from an “in-line” rating to an “outperform” rating in a research note on Wednesday, January 17th. Deutsche Bank lowered their target price on shares of International Flavors & Fragrances from $150.00 to $147.00 and set a “hold” rating on the stock in a research note on Thursday, February 15th. Zacks Investment Research upgraded shares of International Flavors & Fragrances from a “hold” rating to a “buy” rating and set a $159.00 target price on the stock in a research note on Wednesday, April 18th. Finally, Barclays set a $131.00 target price on shares of International Flavors & Fragrances and gave the company a “sell” rating in a research note on Thursday, March 15th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the stock. International Flavors & Fragrances has an average rating of “Hold” and a consensus price target of $147.56.

About International Flavors & Fragrances

International Flavors & Fragrances Inc, together with its subsidiaries, manufactures flavors and fragrances for use in various consumer products. It operates through two segments, Flavors and Fragrances. The Flavors segment offers flavor compounds primarily to the food and beverage industries for use in consumer products, such as prepared foods, beverages, dairy, food, and sweet products.

Insider Buying and Selling by Quarter for International Flavors & Fragrances (NYSE:IFF)

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