Sarasin & Partners LLP raised its position in shares of International Flavors & Fragrances Inc. (NYSE:IFF) by 0.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,135,841 shares of the company’s stock after buying an additional 3,413 shares during the period. International Flavors & Fragrances makes up about 2.5% of Sarasin & Partners LLP’s holdings, making the stock its 10th largest position. Sarasin & Partners LLP owned approximately 1.43% of International Flavors & Fragrances worth $162,391,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in IFF. Sumitomo Mitsui Trust Holdings Inc. boosted its stake in shares of International Flavors & Fragrances by 1.7% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 221,429 shares of the company’s stock worth $27,916,000 after buying an additional 3,667 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in shares of International Flavors & Fragrances by 100.0% in the second quarter. Robeco Institutional Asset Management B.V. now owns 563,776 shares of the company’s stock worth $67,608,000 after buying an additional 281,888 shares during the last quarter. Gateway Investment Advisers LLC boosted its stake in shares of International Flavors & Fragrances by 1.8% in the second quarter. Gateway Investment Advisers LLC now owns 6,463 shares of the company’s stock worth $815,000 after buying an additional 112 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its stake in shares of International Flavors & Fragrances by 1.3% in the second quarter. Oregon Public Employees Retirement Fund now owns 15,632 shares of the company’s stock worth $1,971,000 after buying an additional 200 shares during the last quarter. Finally, Royal Bank of Canada boosted its stake in shares of International Flavors & Fragrances by 61.5% in the second quarter. Royal Bank of Canada now owns 1,247,796 shares of the company’s stock worth $157,310,000 after buying an additional 475,064 shares during the last quarter. 75.73% of the stock is owned by institutional investors and hedge funds.

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

Shares of International Flavors & Fragrances Inc. (NYSE:IFF) opened at 121.25 on Wednesday. International Flavors & Fragrances Inc. has a 52-week low of $97.24 and a 52-week high of $143.64. The stock has a 50 day moving average of $126.88 and a 200 day moving average of $131.37. The firm has a market capitalization of $9.63 billion, a price-to-earnings ratio of 24.12 and a beta of 1.15.

International Flavors & Fragrances (NYSE:IFF) last posted its quarterly earnings results on Monday, November 7th. The company reported $1.34 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.42 by $0.08. International Flavors & Fragrances had a net margin of 12.92% and a return on equity of 25.92%. The business earned $777 million during the quarter, compared to analyst estimates of $785.05 million. During the same period last year, the firm posted $1.39 earnings per share. The company’s quarterly revenue was up 1.6% on a year-over-year basis. On average, analysts predict that International Flavors & Fragrances Inc. will post $5.45 EPS for the current fiscal year.

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A number of equities research analysts have recently commented on IFF shares. Zacks Investment Research raised shares of International Flavors & Fragrances from a “hold” rating to a “buy” rating and set a $159.00 price target for the company in a report on Tuesday, October 4th. Berenberg Bank reissued a “buy” rating and set a $163.40 price target on shares of International Flavors & Fragrances in a report on Monday, September 26th. Goldman Sachs Group Inc. started coverage on shares of International Flavors & Fragrances in a report on Monday, November 21st. They set a “neutral” rating and a $121.50 price target for the company. Deutsche Bank AG reissued a “hold” rating and set a $137.00 price target on shares of International Flavors & Fragrances in a report on Thursday, October 13th. Finally, JPMorgan Chase & Co. reissued a “buy” rating and set a $153.00 price target on shares of International Flavors & Fragrances in a report on Sunday, August 14th. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $142.69.

In other news, insider Nicolas Mirzayantz sold 2,945 shares of International Flavors & Fragrances stock in a transaction dated Tuesday, November 15th. The shares were sold at an average price of $117.56, for a total value of $346,214.20. Following the completion of the transaction, the insider now directly owns 57,071 shares of the company’s stock, valued at approximately $6,709,266.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.55% of the stock is currently owned by insiders.

International Flavors & Fragrances Company Profile

International Flavors & Fragrances Inc (IFF) creates, manufactures and supplies flavors and fragrances (including cosmetic active ingredients) for the food, beverage, personal care and household products industries either in the form of compounds or individual ingredients. The Company operates in two segments: Flavors and Fragrances.

5 Day Chart for NYSE:IFF

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