Exencial Wealth Advisors LLC Has $219,000 Stake in International Flavors & Fragrances Inc. $IFF

Exencial Wealth Advisors LLC decreased its position in International Flavors & Fragrances Inc. (NYSE:IFF) by 91.6% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 2,972 shares of the specialty chemicals company’s stock after selling 32,569 shares during the period. Exencial Wealth Advisors LLC’s holdings in International Flavors & Fragrances were worth $219,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of IFF. Dodge & Cox boosted its position in shares of International Flavors & Fragrances by 7.4% during the 1st quarter. Dodge & Cox now owns 33,774,607 shares of the specialty chemicals company’s stock worth $2,621,247,000 after purchasing an additional 2,336,844 shares in the last quarter. Nuveen LLC bought a new position in shares of International Flavors & Fragrances during the 1st quarter worth about $57,324,000. Invesco Ltd. boosted its position in shares of International Flavors & Fragrances by 15.3% during the 1st quarter. Invesco Ltd. now owns 2,992,437 shares of the specialty chemicals company’s stock worth $232,243,000 after purchasing an additional 397,327 shares in the last quarter. Alyeska Investment Group L.P. boosted its position in shares of International Flavors & Fragrances by 63.5% during the 1st quarter. Alyeska Investment Group L.P. now owns 929,069 shares of the specialty chemicals company’s stock worth $72,105,000 after purchasing an additional 360,870 shares in the last quarter. Finally, Leith Wheeler Investment Counsel Ltd. bought a new position in shares of International Flavors & Fragrances during the 1st quarter worth about $21,983,000. Institutional investors and hedge funds own 96.02% of the company’s stock.

International Flavors & Fragrances Trading Up 0.2%

NYSE:IFF opened at $65.92 on Friday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.12 and a current ratio of 1.86. The firm has a market cap of $16.89 billion, a price-to-earnings ratio of -42.53, a price-to-earnings-growth ratio of 2.64 and a beta of 1.07. International Flavors & Fragrances Inc. has a 52 week low of $59.14 and a 52 week high of $103.08. The firm has a 50-day moving average price of $64.00 and a two-hundred day moving average price of $70.82.

International Flavors & Fragrances (NYSE:IFF) last posted its quarterly earnings data on Tuesday, August 5th. The specialty chemicals company reported $1.15 EPS for the quarter, beating the consensus estimate of $1.11 by $0.04. The firm had revenue of $2.76 billion during the quarter, compared to analyst estimates of $2.69 billion. International Flavors & Fragrances had a negative net margin of 3.48% and a positive return on equity of 7.95%. The company’s revenue for the quarter was down 4.3% on a year-over-year basis. During the same quarter last year, the business posted $1.16 EPS. International Flavors & Fragrances has set its FY 2025 guidance at EPS. On average, equities analysts expect that International Flavors & Fragrances Inc. will post 4.32 earnings per share for the current fiscal year.

International Flavors & Fragrances Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 10th. Shareholders of record on Monday, September 29th were paid a $0.40 dividend. The ex-dividend date was Monday, September 29th. This represents a $1.60 annualized dividend and a yield of 2.4%. International Flavors & Fragrances’s dividend payout ratio (DPR) is -103.23%.

Insider Activity

In other news, CEO J Erik Fyrwald acquired 15,300 shares of the firm’s stock in a transaction on Thursday, August 7th. The stock was purchased at an average price of $64.95 per share, for a total transaction of $993,735.00. Following the purchase, the chief executive officer owned 77,370 shares in the company, valued at approximately $5,025,181.50. This represents a 24.65% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Paul J. Fribourg acquired 15,450 shares of the firm’s stock in a transaction on Thursday, August 7th. The stock was purchased at an average price of $64.80 per share, with a total value of $1,001,160.00. Following the purchase, the director owned 15,450 shares in the company, valued at approximately $1,001,160. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Company insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

IFF has been the topic of a number of research analyst reports. Oppenheimer cut shares of International Flavors & Fragrances from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 7th. UBS Group dropped their price target on shares of International Flavors & Fragrances from $71.00 to $66.00 and set a “neutral” rating on the stock in a research report on Monday, October 6th. Barclays dropped their price target on shares of International Flavors & Fragrances from $78.00 to $72.00 and set an “overweight” rating on the stock in a research report on Friday, October 10th. Wolfe Research raised shares of International Flavors & Fragrances from an “underperform” rating to a “peer perform” rating in a research report on Monday, September 8th. Finally, Mizuho dropped their price target on shares of International Flavors & Fragrances from $85.00 to $75.00 and set an “outperform” rating on the stock in a research report on Friday, October 3rd. Thirteen analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $86.07.

International Flavors & Fragrances Company Profile

International Flavors & Fragrances, Inc engages in the manufacture and supply of flavors and fragrances used in the food, beverage, personal care, and household products industries. It operates through the following segments: Nourish, Health & Biosciences, Scent and Pharma Solutions. The Nourish segment consists of legacy Taste segment combined with N&B’s Food & Beverage division and the food protection business of N&B’s Health & Biosciences division.