International Flavors & Fragrances (NYSE:IFF) Price Target Raised to $105.00

International Flavors & Fragrances (NYSE:IFF) had its price target lifted by Barclays from $96.00 to $105.00 in a research note released on Friday,Benzinga reports. Barclays currently has an overweight rating on the specialty chemicals company’s stock.

IFF has been the topic of a number of other reports. KeyCorp began coverage on International Flavors & Fragrances in a research report on Thursday, September 10th. They issued a “sector weight” rating on the stock. Weiss Ratings raised International Flavors & Fragrances from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, October 8th. Citigroup reduced their price objective on International Flavors & Fragrances from $101.00 to $100.00 and set a “buy” rating for the company in a research report on Wednesday, October 7th. Zacks Research upgraded International Flavors & Fragrances from a “strong sell” rating to a “hold” rating in a research note on Monday, September 21st. Finally, UBS Group boosted their target price on International Flavors & Fragrances from $84.00 to $91.00 and gave the stock a “neutral” rating in a report on Thursday, August 6th. Twelve investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, International Flavors & Fragrances currently has a consensus rating of “Moderate Buy” and an average price target of $93.22.

International Flavors & Fragrances Trading Down 0.0%

NYSE:IFF opened at $90.65 on Friday. The firm has a market capitalization of $23.13 billion, a P/E ratio of 83.17, a PEG ratio of 3.52 and a beta of 0.91. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.06 and a quick ratio of 1.72. International Flavors & Fragrances has a one year low of $61.29 and a one year high of $91.88. The company’s 50-day simple moving average is $85.16 and its 200 day simple moving average is $79.24.

International Flavors & Fragrances (NYSE:IFF) last announced its earnings results on Tuesday, August 4th. The specialty chemicals company reported $0.82 earnings per share for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.25). International Flavors & Fragrances had a net margin of 2.78% and a return on equity of 7.11%. The business had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $2.62 billion. During the same period in the prior year, the business posted $1.15 EPS. International Flavors & Fragrances’s revenue for the quarter was up 1.8% on a year-over-year basis. As a group, analysts forecast that International Flavors & Fragrances will post 3.09 EPS for the current fiscal year.

International Flavors & Fragrances Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 9th. Investors of record on Friday, September 18th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Friday, September 18th. International Flavors & Fragrances’s dividend payout ratio is 146.79%.

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

Insider Buying and Selling at International Flavors & Fragrances

In other International Flavors & Fragrances news, CAO Marc Birenkrant sold 1,000 shares of International Flavors & Fragrances stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $85.00, for a total value of $85,000.00. Following the completion of the transaction, the chief accounting officer directly owned 3,446 shares of the company’s stock, valued at approximately $292,910. The trade was a 22.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider De Mendonca Ana Paula Teles sold 5,718 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $83.19, for a total transaction of $475,680.42. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 15,543 shares of company stock worth $1,315,659. 1.07% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On International Flavors & Fragrances

A number of hedge funds have recently added to or reduced their stakes in IFF. Root Financial Partners LLC boosted its stake in International Flavors & Fragrances by 97.9% during the 1st quarter. Root Financial Partners LLC now owns 554 shares of the specialty chemicals company’s stock valued at $40,000 after purchasing an additional 274 shares during the last quarter. Parkside Financial Bank & Trust increased its holdings in shares of International Flavors & Fragrances by 27.9% in the 2nd quarter. Parkside Financial Bank & Trust now owns 706 shares of the specialty chemicals company’s stock worth $56,000 after purchasing an additional 154 shares in the last quarter. Westpac Banking Corp bought a new stake in shares of International Flavors & Fragrances in the 2nd quarter worth $91,000. Mather Group LLC. raised its stake in shares of International Flavors & Fragrances by 24.0% in the third quarter. Mather Group LLC. now owns 1,393 shares of the specialty chemicals company’s stock worth $116,000 after purchasing an additional 270 shares during the last quarter. Finally, Livforsakringsbolaget Skandia Omsesidigt purchased a new position in shares of International Flavors & Fragrances in the second quarter worth $148,000. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

More International Flavors & Fragrances News

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

• Positive Sentiment: Barclays raised its price target for IFF, indicating improved expectations for the specialty-chemicals and ingredients company’s valuation. The report did not disclose the revised target in the available details. International Flavors & Fragrances Stock Gets Price Target Bump from Barclays
• Positive Sentiment: Zacks Research made a series of small upward revisions to its earnings outlook. Its estimates increased to $0.99 EPS for Q1 2027, $0.90 for Q2 2027 and $3.99 for full-year 2027. Estimates for 2028 also edged higher, including $1.19 for Q1, $1.21 for Q2, $1.20 for Q3 and $4.71 for the full year. These revisions suggest slightly better anticipated profitability.
• Neutral Sentiment: Despite the higher earnings forecasts, Zacks Research maintained a “Hold” rating. The current-year consensus estimate remains $3.09 per share, signaling that analysts see incremental improvement rather than a major near-term earnings reset.
• Neutral Sentiment: A broader analyst review covering IFF and other materials companies was published, but the available information does not identify a material new recommendation or operating development for IFF. Analysts Offer Insights on Materials Companies

International Flavors & Fragrances Company Profile

International Flavors & Fragrances Inc (NYSE:IFF) develops and manufactures ingredients, flavor systems, fragrances and specialty solutions used in consumer and industrial products. Its offerings support food and beverage manufacturers, fragrance and personal care companies, household-product makers, pharmaceutical businesses and other customers.

The company’s portfolio includes flavors for beverages, dairy products, sweet goods, savory foods and other applications; fragrances for fine fragrance, personal care and home care products; and functional ingredients, enzymes, cultures, natural extracts and other specialty materials.