Trillium Asset Management LLC Buys New Shares in International Flavors & Fragrances Inc. $IFF

Trillium Asset Management LLC purchased a new position in shares of International Flavors & Fragrances Inc. (NYSE:IFF) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,759 shares of the specialty chemicals company’s stock, valued at approximately $535,000.

Other hedge funds also recently made changes to their positions in the company. First Eagle Investment Management LLC grew its position in International Flavors & Fragrances by 27.5% during the fourth quarter. First Eagle Investment Management LLC now owns 8,831,668 shares of the specialty chemicals company’s stock valued at $595,166,000 after acquiring an additional 1,904,598 shares during the period. Swiss Life Asset Management Ltd lifted its stake in shares of International Flavors & Fragrances by 117.0% in the 4th quarter. Swiss Life Asset Management Ltd now owns 148,377 shares of the specialty chemicals company’s stock valued at $9,999,000 after purchasing an additional 80,014 shares in the last quarter. UBS Group AG grew its holdings in shares of International Flavors & Fragrances by 53.5% during the 4th quarter. UBS Group AG now owns 1,695,343 shares of the specialty chemicals company’s stock worth $114,249,000 after purchasing an additional 590,997 shares during the period. Strs Ohio increased its position in International Flavors & Fragrances by 346.2% during the 4th quarter. Strs Ohio now owns 27,337 shares of the specialty chemicals company’s stock worth $1,842,000 after purchasing an additional 21,211 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. raised its holdings in International Flavors & Fragrances by 38.6% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 784,570 shares of the specialty chemicals company’s stock valued at $56,921,000 after buying an additional 218,420 shares during the period. Institutional investors and hedge funds own 96.02% of the company’s stock.

More International Flavors & Fragrances News

Here are the key news stories impacting International Flavors & Fragrances this week:

• Positive Sentiment: IFF is trading above its 50-day and 200-day moving averages and near its 52-week high, signaling continued investor momentum even though the latest reports do not identify a new fundamental catalyst.
• Positive Sentiment: The company authorized a $2.5 billion share-repurchase program, potentially covering up to 12.1% of outstanding shares. The buyback may support earnings per share and suggests management believes the stock is undervalued.
• Positive Sentiment: Institutional ownership remains high at approximately 96%, while several large investors—including BlackRock, Invesco and Ameriprise—recently increased or initiated positions. IFF also declared a quarterly dividend of $0.40 per share.
• Neutral Sentiment: CEO Erik Fyrwald is scheduled to participate in a Barclays Global Consumer Conference fireside chat on September 10. Investors may look for updates on strategy, operating performance and capital allocation, but no new guidance has been provided. IFF Barclays conference announcement
• Negative Sentiment: Zacks Research repeatedly lowered its EPS forecasts and maintained a “Strong Sell” rating. FY2026 EPS was cut to $3.14 from $4.45, FY2027 to $3.71 from $4.81, and FY2028 to $4.31 from $5.21. The revisions indicate expectations for weaker profitability over multiple years.
• Negative Sentiment: The largest near-term reduction was for Q3 2026 EPS, lowered to $0.67 from $1.14. Estimates for Q4 2026 and each quarter of 2027 were also reduced, raising concerns about sustained earnings pressure and IFF’s elevated valuation.
• Negative Sentiment: An insider sold 5,718 shares for approximately $476,000 at an average price of $83.19. One transaction is not conclusive, but it provides a modest negative signal for investors monitoring insider confidence. IFF insider sale report
• Negative Sentiment: IFF’s latest reported quarter missed analyst expectations, with EPS of $0.82 versus $1.07 expected and revenue of $1.95 billion versus $2.62 billion expected, reinforcing concerns behind the estimate cuts.

Analysts Set New Price Targets

Several research firms have recently issued reports on IFF. Argus increased their price objective on shares of International Flavors & Fragrances from $80.00 to $85.00 and gave the stock a “buy” rating in a research report on Tuesday, June 30th. UBS Group increased their price target on International Flavors & Fragrances from $84.00 to $91.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. Oppenheimer boosted their price objective on International Flavors & Fragrances from $88.00 to $90.00 and gave the stock an “outperform” rating in a research note on Thursday, May 7th. Deutsche Bank Aktiengesellschaft lowered their target price on International Flavors & Fragrances from $95.00 to $90.00 and set a “buy” rating for the company in a research note on Monday, June 1st. Finally, Morgan Stanley upped their price target on International Flavors & Fragrances from $93.00 to $95.00 and gave the stock an “overweight” rating in a report on Wednesday, July 1st. Thirteen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, International Flavors & Fragrances currently has an average rating of “Moderate Buy” and a consensus price target of $92.16.

International Flavors & Fragrances Stock Performance

International Flavors & Fragrances stock opened at $84.31 on Friday. International Flavors & Fragrances Inc. has a 52 week low of $59.14 and a 52 week high of $89.32. The company has a current ratio of 2.06, a quick ratio of 1.72 and a debt-to-equity ratio of 0.34. The stock has a market cap of $21.51 billion, a P/E ratio of 77.35, a price-to-earnings-growth ratio of 3.08 and a beta of 0.93. The stock has a 50 day moving average of $79.56 and a 200-day moving average of $76.29.

International Flavors & Fragrances (NYSE:IFF) last posted its quarterly earnings results on Tuesday, August 4th. The specialty chemicals company reported $0.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.07 by ($0.25). The company had revenue of $1.95 billion during the quarter, compared to analyst estimates of $2.62 billion. International Flavors & Fragrances had a net margin of 2.78% and a return on equity of 7.11%. The company’s revenue was up 1.8% on a year-over-year basis. During the same period in the prior year, the company earned $1.15 earnings per share. On average, analysts expect that International Flavors & Fragrances Inc. will post 3.08 EPS for the current fiscal year.

International Flavors & Fragrances Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Friday, September 18th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Friday, September 18th. International Flavors & Fragrances’s dividend payout ratio (DPR) is presently 146.79%.

International Flavors & Fragrances announced that its Board of Directors has approved a stock repurchase plan on Tuesday, August 4th that permits the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization permits the specialty chemicals company to reacquire up to 12.1% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

Insider Buying and Selling at International Flavors & Fragrances

In other International Flavors & Fragrances news, EVP Michael Deveau sold 8,825 shares of the stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $85.55, for a total value of $754,978.75. Following the sale, the executive vice president directly owned 5,199 shares of the company’s stock, valued at $444,774.45. This trade represents a 62.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Marc Birenkrant sold 1,000 shares of the business’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $85.00, for a total transaction of $85,000.00. Following the transaction, the chief accounting officer directly owned 3,446 shares of the company’s stock, valued at approximately $292,910. This trade represents a 22.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 15,543 shares of company stock worth $1,315,659. Insiders own 1.07% of the company’s stock.

About International Flavors & Fragrances

International Flavors & Fragrances Inc (NYSE:IFF) is a global leader in the creation and production of flavors, fragrances, cosmetic actives and nutritional lipids. The company develops taste and scent solutions for a wide array of end markets including food and beverage, personal care, household goods and pharmaceutical products. Its portfolio spans natural and nature-identical flavors, fine fragrances, functional ingredients for skin and hair care, and specialty oils that enhance nutritional value and sensory appeal.

IFF’s research and development network comprises innovation centers in North America, Europe, Asia-Pacific and Latin America, where multidisciplinary teams collaborate on aroma chemistry, sensory science and biotechnology.