Internationa Flavors & Fragrances, Inc. (IFF) Major Shareholder Winder Investment Pte Ltd Acquires 79,204 Shares

Internationa Flavors & Fragrances, Inc. (NYSE:IFF) major shareholder Winder Investment Pte Ltd acquired 79,204 shares of the business’s stock in a transaction on Friday, July 28th. The shares were bought at an average cost of $133.18 per share, with a total value of $10,548,388.72. Following the completion of the acquisition, the insider now owns 9,740,997 shares in the company, valued at $1,297,305,980.46. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

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

  • On Wednesday, August 9th, Winder Investment Pte Ltd bought 18,084 shares of Internationa Flavors & Fragrances stock. The shares were acquired at an average price of $135.33 per share, with a total value of $2,447,307.72.
  • On Tuesday, August 8th, Winder Investment Pte Ltd acquired 100,000 shares of Internationa Flavors & Fragrances stock. The stock was purchased at an average price of $134.90 per share, with a total value of $13,490,000.00.
  • On Monday, August 7th, Winder Investment Pte Ltd bought 100,000 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average price of $134.84 per share, for a total transaction of $13,484,000.00.
  • On Friday, August 4th, Winder Investment Pte Ltd bought 59,190 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average price of $134.62 per share, for a total transaction of $7,968,157.80.
  • On Thursday, August 3rd, Winder Investment Pte Ltd bought 100,000 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average price of $133.35 per share, for a total transaction of $13,335,000.00.
  • On Wednesday, August 2nd, Winder Investment Pte Ltd bought 80,000 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average price of $133.99 per share, for a total transaction of $10,719,200.00.
  • On Monday, July 31st, Winder Investment Pte Ltd bought 80,000 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average price of $133.27 per share, for a total transaction of $10,661,600.00.
  • On Tuesday, August 1st, Winder Investment Pte Ltd bought 18,214 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average price of $134.30 per share, for a total transaction of $2,446,140.20.
  • On Thursday, July 27th, Winder Investment Pte Ltd bought 80,000 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average price of $133.67 per share, for a total transaction of $10,693,600.00.
  • On Wednesday, July 26th, Winder Investment Pte Ltd bought 80,000 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average price of $133.36 per share, for a total transaction of $10,668,800.00.

Shares of Internationa Flavors & Fragrances, Inc. (IFF) traded down 0.33% on Friday, reaching $134.83. The company’s stock had a trading volume of 352,093 shares. The company has a market capitalization of $10.65 billion, a price-to-earnings ratio of 27.21 and a beta of 1.11. Internationa Flavors & Fragrances, Inc. has a 1-year low of $113.16 and a 1-year high of $143.64. The stock has a 50-day moving average price of $134.37 and a 200-day moving average price of $132.10.

Internationa Flavors & Fragrances (NYSE:IFF) last issued its quarterly earnings data on Tuesday, August 8th. The specialty chemicals company reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate 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%. Internationa Flavors & Fragrances’s revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.47 earnings per share. On average, equities research analysts forecast that Internationa Flavors & Fragrances, Inc. will post $5.79 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 6th. Stockholders of record on Monday, September 25th will be issued a $0.69 dividend. This represents a $2.76 dividend on an annualized basis and a dividend yield of 2.05%. This is a boost from Internationa Flavors & Fragrances’s previous quarterly dividend of $0.64. The ex-dividend date is Friday, September 22nd. Internationa Flavors & Fragrances’s payout ratio is 51.72%.

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Institutional investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP boosted its position in Internationa Flavors & Fragrances by 1.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 240,128 shares of the specialty chemicals company’s stock worth $28,296,000 after buying an additional 2,445 shares during the period. Quadrature Capital Ltd boosted its position in Internationa Flavors & Fragrances by 151.8% in the fourth quarter. Quadrature Capital Ltd now owns 16,910 shares of the specialty chemicals company’s stock worth $1,993,000 after buying an additional 10,194 shares during the period. Teachers Advisors LLC boosted its position in Internationa Flavors & Fragrances by 8.2% in the fourth quarter. Teachers Advisors LLC now owns 91,166 shares of the specialty chemicals company’s stock worth $10,742,000 after buying an additional 6,908 shares during the period. Kentucky Retirement Systems bought a new position in Internationa Flavors & Fragrances during the fourth quarter worth $679,000. Finally, Kentucky Retirement Systems Insurance Trust Fund bought a new position in Internationa Flavors & Fragrances during the fourth quarter worth $303,000. 83.80% of the stock is owned by institutional investors.

Several equities analysts have issued reports on the company. Deutsche Bank AG reiterated a “hold” rating and issued a $139.00 target price (up previously from $135.00) on shares of Internationa Flavors & Fragrances in a research note on Thursday, August 10th. BidaskClub upgraded Internationa Flavors & Fragrances from a “sell” rating to a “hold” rating in a research report on Tuesday, August 8th. Zacks Investment Research upgraded Internationa Flavors & Fragrances from a “hold” rating to a “buy” rating and set a $155.00 target price on the stock in a research report on Monday, May 1st. Barclays PLC reiterated a “sell” rating and issued a $123.00 target price on shares of Internationa Flavors & Fragrances in a research report on Friday, August 11th. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $136.00 target price on shares of Internationa Flavors & Fragrances in a research report on Friday, July 21st. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and three have assigned a buy rating to the company’s stock. Internationa Flavors & Fragrances has an average rating of “Hold” and a consensus target price of $138.08.

About Internationa Flavors & Fragrances

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.

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

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