Internationa Flavors & Fragrances, Inc. (NYSE:IFF) Major Shareholder Winder Investment Pte Ltd Buys 100,000 Shares

Internationa Flavors & Fragrances, Inc. (NYSE:IFF) major shareholder Winder Investment Pte Ltd purchased 100,000 shares of the business’s stock in a transaction dated Monday, August 7th. The shares were purchased at an average cost of $134.84 per share, with a total value of $13,484,000.00. Following the acquisition, the insider now owns 10,178,401 shares in the company, valued at approximately $1,372,455,590.84. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Major shareholders that own more than 10% 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 acquired 18,084 shares of Internationa Flavors & Fragrances stock. The shares were bought 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 shares were bought at an average price of $134.90 per share, with a total value of $13,490,000.00.
  • On Friday, August 4th, Winder Investment Pte Ltd acquired 59,190 shares of Internationa Flavors & Fragrances stock. The shares were bought at an average price of $134.62 per share, with a total value of $7,968,157.80.
  • On Thursday, August 3rd, Winder Investment Pte Ltd acquired 100,000 shares of Internationa Flavors & Fragrances stock. The shares were bought at an average price of $133.35 per share, with a total value of $13,335,000.00.
  • On Wednesday, August 2nd, Winder Investment Pte Ltd acquired 80,000 shares of Internationa Flavors & Fragrances stock. The shares were bought at an average price of $133.99 per share, with a total value of $10,719,200.00.
  • On Monday, July 31st, Winder Investment Pte Ltd acquired 80,000 shares of Internationa Flavors & Fragrances stock. The shares were bought at an average price of $133.27 per share, with a total value of $10,661,600.00.
  • On Tuesday, August 1st, Winder Investment Pte Ltd purchased 18,214 shares of Internationa Flavors & Fragrances stock. The stock was acquired at an average price of $134.30 per share, with a total value of $2,446,140.20.
  • On Friday, July 28th, Winder Investment Pte Ltd purchased 79,204 shares of Internationa Flavors & Fragrances stock. The stock was acquired at an average price of $133.18 per share, with a total value of $10,548,388.72.
  • On Thursday, July 27th, Winder Investment Pte Ltd purchased 80,000 shares of Internationa Flavors & Fragrances stock. The stock was acquired at an average price of $133.67 per share, with a total value of $10,693,600.00.
  • On Wednesday, July 26th, Winder Investment Pte Ltd purchased 80,000 shares of Internationa Flavors & Fragrances stock. The stock was acquired at an average price of $133.36 per share, with a total value of $10,668,800.00.

Internationa Flavors & Fragrances, Inc. (NYSE IFF) traded down 0.33% during mid-day trading on Friday, reaching $134.83. 352,093 shares of the company were exchanged. Internationa Flavors & Fragrances, Inc. has a one year low of $113.16 and a one 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. The company has a market capitalization of $10.65 billion, a PE ratio of 27.21 and a beta of 1.11.

Internationa Flavors & Fragrances (NYSE:IFF) last posted its earnings results on Tuesday, August 8th. The specialty chemicals company reported $1.50 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.45 by $0.05. The business had revenue of $842.86 million for the quarter, compared to analysts’ expectations of $845.89 million. Internationa Flavors & Fragrances had a net margin of 12.31% and a return on equity of 26.83%. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.47 EPS. Analysts predict that Internationa Flavors & Fragrances, Inc. will post $5.79 EPS for the current year.

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

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Several large investors have recently added to or reduced their stakes in the stock. D.A. Davidson & CO. raised its stake in Internationa Flavors & Fragrances by 0.5% in the second quarter. D.A. Davidson & CO. now owns 1,073 shares of the specialty chemicals company’s stock valued at $144,000 after buying an additional 5 shares during the last quarter. Cleararc Capital Inc. raised its stake in Internationa Flavors & Fragrances by 0.6% in the first quarter. Cleararc Capital Inc. now owns 1,950 shares of the specialty chemicals company’s stock valued at $258,000 after buying an additional 11 shares during the last quarter. Ironwood Investment Management LLC raised its stake in Internationa Flavors & Fragrances by 0.7% in the second quarter. Ironwood Investment Management LLC now owns 2,940 shares of the specialty chemicals company’s stock valued at $397,000 after buying an additional 20 shares during the last quarter. Albert D Mason Inc. raised its stake in Internationa Flavors & Fragrances by 0.4% in the first quarter. Albert D Mason Inc. now owns 8,135 shares of the specialty chemicals company’s stock valued at $1,078,000 after buying an additional 30 shares during the last quarter. Finally, Intrust Bank NA raised its stake in Internationa Flavors & Fragrances by 1.2% in the second quarter. Intrust Bank NA now owns 2,937 shares of the specialty chemicals company’s stock valued at $396,000 after buying an additional 36 shares during the last quarter. 83.80% of the stock is owned by hedge funds and other institutional investors.

Several equities analysts have issued reports on IFF shares. BidaskClub cut shares of Internationa Flavors & Fragrances from a “strong-buy” rating to a “buy” rating in a research report on Friday, June 9th. Zacks Investment Research upgraded shares of Internationa Flavors & Fragrances from a “hold” rating to a “buy” rating and set a $155.00 price objective for the company in a research report on Monday, May 1st. Deutsche Bank AG increased their price objective on shares of Internationa Flavors & Fragrances from $125.00 to $132.00 and gave the stock a “hold” rating in a research report on Wednesday, May 10th. Vertical Group lowered shares of Internationa Flavors & Fragrances from a “buy” rating to a “hold” rating in a research note on Tuesday, May 9th. Finally, Vertical Research lowered shares of Internationa Flavors & Fragrances from a “buy” rating to a “hold” rating in a research note on Tuesday, May 9th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $138.08.

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.

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

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