International Flavors & Fragrances (NYSE:IFF) Announces Earnings Results, Beats Expectations By $0.02 EPS

International Flavors & Fragrances (NYSE:IFF) announced its earnings results on Tuesday. The specialty chemicals company reported $0.83 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.02, Zacks reports. The firm had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.91 billion. International Flavors & Fragrances had a return on equity of 7.11% and a net margin of 2.78%. International Flavors & Fragrances’s quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.05 EPS.

International Flavors & Fragrances Price Performance

IFF stock opened at $92.00 on Wednesday. International Flavors & Fragrances has a 52-week low of $61.29 and a 52-week high of $95.27. The stock’s fifty day simple moving average is $87.18 and its 200-day simple moving average is $78.76. The company has a quick ratio of 1.72, a current ratio of 2.06 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $23.47 billion, a price-to-earnings ratio of 84.41, a price-to-earnings-growth ratio of 4.06 and a beta of 0.86.

International Flavors & Fragrances Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 13th. Shareholders of record on Saturday, December 19th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, December 18th. International Flavors & Fragrances’s dividend payout ratio is currently 146.79%.

Key International Flavors & Fragrances News

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

• Positive Sentiment: IFF reported adjusted EPS of $0.83, above the $0.81 consensus, and revenue of $1.94 billion, ahead of estimates of $1.91 billion. Sales rose 3.9% year over year. Article: International Flavors Surpasses Q3 Earnings and Revenue Estimates
• Neutral Sentiment: The company raised its full-year 2026 guidance, a positive signal, though reports characterize the outlook as soft and say the fourth-quarter profit outlook fell short of investor expectations. Article: Q3 Adjusted Earnings, Revenue Rise; Lifts 2026 Guidance
• Negative Sentiment: Rising costs and the cautious near-term profit outlook appear to be overshadowing the quarterly beat and higher annual guidance, creating pressure on the shares. IFF also reported a GAAP loss for the quarter, despite its adjusted-earnings beat. Article: IFF Shares Fall on Soft 2026 Guidance Despite Q3 Beat

Insider Activity

In related news, CAO Marc Birenkrant sold 1,000 shares of the company’s stock in a transaction on Friday, August 7th. The stock was 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 in the company, valued at approximately $292,910. This represents a 22.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider De Mendonca Ana Paula Teles sold 5,718 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $83.19, for a total value of $475,680.42. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 15,543 shares of company stock valued at $1,315,659 over the last quarter. Company insiders own 1.07% of the company’s stock.

Analysts Set New Price Targets

IFF has been the subject of a number of analyst reports. Weiss Ratings raised International Flavors & Fragrances from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 8th. UBS Group increased their price objective on International Flavors & Fragrances from $84.00 to $91.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. Argus lifted their price objective on International Flavors & Fragrances from $85.00 to $95.00 and gave the stock a “buy” rating in a research report on Wednesday, October 7th. Oppenheimer boosted their target price on shares of International Flavors & Fragrances from $95.00 to $108.00 and gave the company an “outperform” rating in a research note on Thursday, October 22nd. Finally, Zacks Research upgraded shares of International Flavors & Fragrances from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 20th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $94.28.

International Flavors & Fragrances declared that its Board of Directors has authorized a share repurchase program on Tuesday, August 4th that allows the company to buy back $2.50 billion in outstanding shares. This buyback authorization allows the specialty chemicals company to buy up to 12.1% of its stock through open market purchases. Share buyback programs are typically an indication that the company’s board believes its shares are undervalued.

About International Flavors & Fragrances

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.