Internationa Flavors & Fragrances, Inc. (IFF) Stake Maintained by American Research & Management Co.

American Research & Management Co. maintained its stake in shares of Internationa Flavors & Fragrances, Inc. (NYSE:IFF) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,000 shares of the specialty chemicals company’s stock at the end of the second quarter. American Research & Management Co.’s holdings in Internationa Flavors & Fragrances were worth $135,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of IFF. Swiss National Bank raised its stake in Internationa Flavors & Fragrances by 24.7% in the first quarter. Swiss National Bank now owns 310,864 shares of the specialty chemicals company’s stock worth $41,199,000 after buying an additional 61,500 shares during the last quarter. BlackRock Inc. raised its stake in Internationa Flavors & Fragrances by 2,877.1% in the first quarter. BlackRock Inc. now owns 4,920,948 shares of the specialty chemicals company’s stock worth $652,173,000 after buying an additional 4,755,656 shares during the last quarter. Sawtooth Solutions LLC acquired a new stake in Internationa Flavors & Fragrances during the first quarter worth about $238,000. Chevy Chase Trust Holdings Inc. raised its stake in Internationa Flavors & Fragrances by 2.7% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 68,134 shares of the specialty chemicals company’s stock worth $9,030,000 after buying an additional 1,767 shares during the last quarter. Finally, Barings LLC acquired a new stake in Internationa Flavors & Fragrances during the first quarter worth about $1,058,000. 84.53% of the stock is owned by institutional investors.

Internationa Flavors & Fragrances, Inc. (NYSE IFF) traded down 1.07% on Friday, reaching $135.38. 371,990 shares of the company’s stock were exchanged. The company has a 50 day moving average price of $134.23 and a 200-day moving average price of $131.49. Internationa Flavors & Fragrances, Inc. has a 1-year low of $113.16 and a 1-year high of $143.64. The company has a market capitalization of $10.69 billion, a PE ratio of 27.32 and a beta of 1.11.

Internationa Flavors & Fragrances (NYSE:IFF) last posted its quarterly earnings data on Tuesday, August 8th. The specialty chemicals company reported $1.50 EPS for the quarter, topping analysts’ consensus estimates of $1.45 by $0.05. The firm had revenue of $842.86 million during the quarter, compared to analysts’ expectations of $845.89 million. Internationa Flavors & Fragrances had a return on equity of 26.83% and a net margin of 12.31%. The firm’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.47 EPS. On average, equities research analysts anticipate that Internationa Flavors & Fragrances, Inc. will post $5.75 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 6th. Investors of record on Monday, September 25th will be given a dividend of $0.69 per share. This represents a $2.76 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date is Friday, September 22nd. This is a boost from Internationa Flavors & Fragrances’s previous quarterly dividend of $0.64. Internationa Flavors & Fragrances’s dividend payout ratio (DPR) is currently 51.72%.

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A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Internationa Flavors & Fragrances from a “sell” rating to a “hold” rating in a report on Tuesday, April 25th. Stifel Nicolaus reaffirmed a “hold” rating and set a $136.00 target price on shares of Internationa Flavors & Fragrances in a report on Friday, July 21st. BidaskClub lowered shares of Internationa Flavors & Fragrances from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. Barclays PLC reaffirmed a “sell” rating and set a $123.00 target price on shares of Internationa Flavors & Fragrances in a report on Friday. Finally, Deutsche Bank AG upped their target price on shares of Internationa Flavors & Fragrances from $125.00 to $132.00 and gave the stock a “hold” rating in a report on Wednesday, May 10th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $140.61.

In other Internationa Flavors & Fragrances news, EVP Francisco Fortanet sold 300 shares of Internationa Flavors & Fragrances stock in a transaction dated Wednesday, August 2nd. The stock was sold at an average price of $134.36, for a total value of $40,308.00. Following the completion of the sale, the executive vice president now owns 19,994 shares in the company, valued at approximately $2,686,393.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Winder Investment Pte Ltd purchased 100,000 shares of the stock in a transaction on Thursday, August 3rd. The stock was acquired at an average price of $133.35 per share, with a total value of $13,335,000.00. Following the acquisition, the insider now directly owns 10,019,211 shares in the company, valued at $1,336,061,786.85. The disclosure for this purchase can be found here. In the last quarter, insiders have purchased 1,234,682 shares of company stock valued at $165,428,363. 0.48% of the stock is currently owned by company insiders.

Internationa Flavors & Fragrances Company Profile

International Flavors & Fragrances Inc creates, manufactures and supplies flavors and fragrances (including cosmetic active ingredients) used to impart or improve flavor or fragrance in a range of consumer products. The Company operates in two segments: Flavors and Fragrances. The Flavors segment offers flavor compounds that are sold to the food and beverage industries for use in consumer products, such as prepared foods, beverages, dairy, food and sweet products.

Institutional Ownership by Quarter for Internationa Flavors & Fragrances (NYSE:IFF)

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